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Wednesday broker round-up UPDATE

Wed, 01st Oct 2014 09:56

African Minerals: Canaccord Genuity reduces target price from 150p to 20p downgrading to hold.Avingtrans: FinnCap upgrades from hold to buy with a target price of 155p.Balfour Beatty: JP Morgan lowers target price from 220p to 200p, while upgrading to neutral.Blinkx: Numis places its buy recommendation under review.Cohort: Investec moves target price from 300p to 310p and maintains a buy recommendation.Crest Nicholson: Deutsche Bank initiates with a target price of 367p and a hold recommendation.Daily Mail and General Trust: Numis reduces target price from 1180p to 1075p and stays with its buy recommendation.Findel: Cantor Fitzgerald cuts target price from 400p to 350p reiterating its sell recommendation.First Quantum Minerals: Citi ups target price from 1200p to 1260p upgrading to neutral.ITE Group: N+1 Singer places both its target price (prev.: 233p) and its hold recommendation under review. Investec cuts target price from 255p to 220p retaining its buy recommendation. Numis reduces target price from 380p to 335p and reiterates a buy recommendation. Canaccord Genuity cuts target price from 215p to 186p and keeps a hold recommendation.London Stock Exchange: RBC Capital cuts target price from 2200p to 2150p and reiterates an outperform rating.Randgold Resources: Numis upgrades to buy with a target price of 5800p.Royal Bank of Scotland: Citi ups target price from 330p to 350p, but still recommends selling. Numis shifts target price from 368p to 370p keeping a hold recommendation.RPS Group: N+1 Singer cuts target price from 375p to 320p and maintains a buy recommendation.Shanks Group: Barclays lowers target price from 99p to 85p retaining an equal-weight rating.Sports Direct: Numis upgrades to buy with a target price of 850p.Ssp Group: JP Morgan initiates with a target price of 300p and an overweight rating.Zoopla: Exane initiates with a target price of 240p and a neutral rating.UBM: Investec places its target price (prev.: 725p) under review, while keeping a buy recommendation.UDG Healthcare: N+1 Singer reduces target price from 410p to 353p downgrading from buy to hold.Victoria: Cantor Fitzgerald raises target price from 290p to 400p and keeps a buy recommendation.Walker Greenbank: WH Ireland ups target price from 210p to 240p reiterating a buy recommendation.
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ITE Group Says First Half In Line As Russia, Ukraine Drag Down Revenue

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1 Apr 2015 06:27

ITE Group warns on H1 revenue due to weak trading in Ukraine, Russia

April 1 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it expected its first-half revenue to be about 21 percent lower than a year earlier due to weaker trading conditions in Ukraine and Russia. The company, which has been hurt by tensions between Russia and Uk

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6 Mar 2015 14:33

ITE Group acquires portfolio of events in Africa

Exhibitions group ITE has acquired a major stake of a portfolio of events for £16m, funded by a placing of new shares. ITE now holds 50.1% of the portfolio, which includes the Africa Oil Week event, while GPP Energy Advisors holds the remaining stake. The group said put and call options were in pla

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6 Mar 2015 13:33

UPDATE 2-ITE Group dials in to Africa events market

* Deal to add 4 mln stg to 2016 pretax profit - CEO * Says ITE to look at small deals in Africa, India and China * Shares up 5.4 pct (Adds CEO comments, updates share movement) By Noor Zainab Hussain March 6 (Reuters) - Trade exhibition organiser ITE Group Plc bought a

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6 Mar 2015 07:52

ITE Group moves into Africa; buys stake in Africa Oil Week conference

March 6 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it had acquired a majority stake in a portfolio of events from GPP Energy Advisors Ltd for 16 million pounds ($24 million). The deal will be funded in part via an institutional placing to raise 12 million p

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ITE To Buy Stake In Events Portfolio, Part Funded By Share Placing (ALLISS)

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