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BROKER RATINGS SUMMARY: HSBC Cuts IAG And easyJet To Reduce From Hold

Wed, 19th Jun 2019 12:05

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:----------FTSE 100----------HSBC CUTS IAG TO 'REDUCE' (HOLD) - PRICE TARGET 400 (550) PENCE----------HSBC CUTS EASYJET TO 'REDUCE' (HOLD) - PRICE TARGET 800 (1100) PENCE----------DEUTSCHE BANK CUTS TESCO PRICE TARGET TO 285 (295) PENCE - 'BUY'----------UBS RAISES ST JAMES'S PLACE PRICE TARGET TO 1000 (950) PENCE - 'NEUTRAL'----------UBS RAISES INFORMA PRICE TARGET TO 900 (885) PENCE - 'BUY'----------UBS CUTS JUST EAT TO 'NEUTRAL' (BUY) - PRICE TARGET 650 (870) PENCE----------ODDO BHF RAISES INTERTEK TO 'NEUTRAL' ('REDUCE') - TARGET 5500 (4900) PENCE----------BARCLAYS RAISES AUTO TRADER GROUP TARGET TO 500 (470) PENCE - 'EQUAL WEIGHT'----------BARCLAYS RAISES ASHTEAD GROUP PRICE TARGET TO 2230 (2200) PENCE - 'OVERWEIGHT'----------BERENBERG RAISES HALMA PRICE TARGET TO 1705 (1560) PENCE - 'HOLD'----------FTSE 250----------UBS CUTS CREST NICHOLSON PRICE TARGET TO 450 (470) PENCE - 'BUY'----------BARCLAYS RESUMES PROVIDENT FINANCIAL WITH 'OVERWEIGHT' - TARGET 570 PENCE----------HSBC CUTS TED BAKER TO 'HOLD' ('BUY') - TARGET 900 (1900) PENCE----------GOLDMAN RAISES AVEVA GROUP PRICE TARGET TO 3800 (3200) PENCE - 'NEUTRAL'----------RBC CUTS HUNTING PRICE TARGET TO 800 (845) PENCE - 'OUTPERFORM'----------JEFFERIES RAISES BEAZLEY PRICE TARGET TO 655 (650) PENCE - 'BUY'----------JEFFERIES CUTS KIER GROUP PRICE TARGET TO 110 (180) PENCE - 'HOLD'----------OTHER MAIN MARKET AND AIM----------BERENBERG RAISES OXFORD INSTRUMENTS PRICE TARGET TO 1400 (1040) PENCE - 'BUY'----------

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17 Apr 2024 11:16

Just Eat shares drop as Q1 orders disappoint

(Sharecast News) - Shares in Just Eat dropped sharply on Wednesday after the food delivery marketplace delivered underwhelming order numbers for the first quarter, though revenue growth picked up sharply in the UK and Ireland.

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28 Feb 2024 07:43

Just Eat guides to strong profit growth in 2024

(Sharecast News) - Takeaway group Just Eat delivered adjusted profits ahead of its own forecasts for 2023 and predicted a 39% jump in earnings this year as gross transaction value (GTV) excluding North America returned to growth.

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17 Jan 2024 07:46

Just Eat lifts full-year core profit outlook

(Sharecast News) - Just Eat Takeaway said on Wednesday that 2023 core profit was set to be ahead of guidance, following a strong fourth-quarter performance in Northern Europe and the UK and Ireland.

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26 Jul 2023 07:44

Just Eat delivers interim profit; CFO quits

(Sharecast News) - Meal delivery company Just Eat Takeaway.com swung to a profit at the half-year and said chief financial officer Brent Wissink would step down next May "to pursue other opportunities".

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21 Mar 2023 13:24

Just Eat to lay off 1,700 delivery drivers

(Sharecast News) - Food delivery firm Just Eat Takeaway is reportedly planning to axe around 1,700 delivery drivers amid a slowdown in demand.

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1 Mar 2023 08:11

Just Eat posts wider-than-expected FY loss

(Sharecast News) - Food delivery giant Just Eat Takeaway posted a wider-than-expected full-year loss on Wednesday despite seeing revenues increase due to increased spending levels.

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18 Jan 2023 08:51

Just Eat turns EBITDA positive in H2

(Sharecast News) - Food delivery giant Just Eat revealed on Wednesday that it had turned EBITDA positive in the second half of the year amid an increased focus on profitability during the period.

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16 Jan 2023 07:22

Just Eat partners with Sainsbury's for new delivery offering

(Sharecast News) - Food delivery group Just Eat has launched a new partnership with grocery giant Sainsbury's, marking the platform's second tie-up with one of the UK's "Big Four" grocers.

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17 Nov 2022 07:31

Just Eat agrees grocery deal with Getir

(Sharecast News) - Just Eat Takeaway.com has struck a Europe-wide partnership deal with Turkey's Getir, the grocery delivery firm.

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10 Jun 2022 07:50

Just Eat's US wing attracts interest from private equity firms

(Sharecast News) - Food delivery giant Just Eat's US wing has attracted preliminary interest from private equity firms, including Apollo Global Management.

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20 Apr 2022 08:47

Just Eat considers sale of Grubhub as orders dip

(Sharecast News) - Just Eat said on Wednesday that it was considering the partial or full sale of Grubhub as it reported a dip in first-quarter orders and cut its guidance for the full year.

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2 Mar 2022 08:22

Just Eat loss smaller than expected, to exit Norway Portugal

(Sharecast News) - Meal delivery company Just Eat Takeaway.com, reported a smaller-than-expected annual loss core loss on Wednesday and said it was exiting Norway and Portugal

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8 Feb 2022 08:36

Just Eat to delist shares from Nasdaq

(Sharecast News) - Food delivery platform operator Just Eat Takeaway revealed on Tuesday that it will delist its shares from the Nasdaq as part of an effort to cut both costs and regulatory burdens.

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12 Jan 2022 08:47

Just Eat FY orders and gross transaction value increase in 2021

(Sharecast News) - Online food delivery platform operator Just Eat Takeaway said on Wednesday that orders grew 33% year-on-year in 2021 to 1.1bn and gross transaction value increased 31% to €28.2bn.

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25 Oct 2021 10:32

Cat Rock Capital urges Just Eat Takeaway.com board to sell or spin-off Grubhub by end of year

(Sharecast News) - Investment firm Cat Rock Capital Management has sent a letter to the board of Just Eat Takeaway.com, urging it to sell or spin-off Grubhub by the end of the year in order to refocus the business and address the "deep and damaging undervaluation" of its equity.

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