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BROKER RATINGS SUMMARY: Sainsbury's Gets More Downgrades

Fri, 22nd Feb 2019 09:37

LONDON (Alliance News) - The following London-listed shares received analyst recommendations on Thursday and on Friday morning:----------FTSE 100----------UBS CUTS J SAINSBURY TO 'NEUTRAL' ('BUY') - TARGET 245 (435) PENCE----------KEPLER CHEUVREUX CUTS J SAINSBURY TO 'HOLD' ('BUY') - TARGET 221 (337) PENCE----------KEPLER CHEUVREUX CUTS INTERTEK TO 'HOLD' ('BUY') - TARGET 5150 (5045) PENCE----------CREDIT SUISSE CUTS HSBC PRICE TARGET TO 655 (695) PENCE - 'NEUTRAL' ----------GOLDMAN CUTS STANDARD CHARTERED PRICE TARGET TO 910 (930) PENCE - 'CONVICTION BUY LIST'----------CFRA CUTS BARCLAYS PRICE TARGET TO 2100 (2200) PENCE - 'STRONG BUY'----------DEUTSCHE BANK RAISES BARCLAYS PRICE TARGET TO 216 (207) PENCE - 'BUY'----------DZ BANK CUTS BAE SYSTEMS FAIR VALUE TO 550 (560) PENCE - 'BUY'----------JPMORGAN CUTS BAE SYSTEMS PRICE TARGET TO 530 (545) PENCE - 'NEUTRAL'----------CREDIT SUISSE CUTS BAE SYSTEMS PRICE TARGET TO 600 (635) PENCE - 'OUTPERFORM'----------RBC RAISES SEGRO PRICE TARGET TO 650 (625) PENCE - 'SECTOR PERFORM'----------CFRA CUTS GLENCORE TO 'HOLD' (BUY) - PRICE TARGET 330 (340) PENCE----------JPMORGAN RAISES ANGLO AMERICAN PRICE TARGET TO 2290 (2270) PENCE - 'OVERWEIGHT'----------Barclays Raises Anglo American Price Target To 2,000p From 1,800, Hold ----------DEUTSCHE BANK RAISES ANGLO AMERICAN PRICE TARGET TO 2000 (1800) PENCE - 'HOLD'----------CFRA RAISES ANGLO AMERICAN PRICE TARGET TO 2200 (2000) PENCE - 'BUY'----------GOLDMAN CUTS CENTRICA TO 'NEUTRAL' ('BUY') - TARGET 132 (158) PENCE----------GOLDMAN RAISES FRESNILLO PRICE TARGET TO 1300 (1125) PENCE - 'CONVICTION BUY LIST'----------UBS CUTS GLAXOSMITHKLINE TO 'NEUTRAL' (BUY) - PRICE TARGET 1650 (1700) PENCE----------CFRA RAISES RELX PRICE TARGET TO 1770 (1700) PENCE - 'HOLD'----------FTSE 250----------CFRA RAISES SERCO GROUP TO 'HOLD' ('SELL') - TARGET 130 (85) PENCE----------JPMORGAN RAISES GO-AHEAD GROUP TARGET TO 1519 (1466) PENCE - 'UNDERWEIGHT'----------JPMORGAN CUTS KAZ MINERALS PRICE TARGET TO 530 (550) PENCE - 'NEUTRAL'----------GOLDMAN RAISES CENTAMIN PRICE TARGET TO 130 (115) PENCE - 'NEUTRAL'----------HSBC RAISES GREENE KING PRICE TARGET TO 655 (560) PENCE - 'HOLD'----------HSBC RAISES JD WETHERSPOON PRICE TARGET TO 1475 (1310) PENCE - 'BUY'----------BERENBERG CUTS INTU PROPERTIES PRICE TARGET TO 130 (150) PENCE - 'HOLD'----------Peel Hunt Downgrades Bank of Georgia To Add From Buy, price target 1,900p from 2,250p----------Peel Hunt Cuts OneSavings Bank Price Target To 460p From 520p, Buy ----------Peel Hunt Cuts Provident Financial Price Target To 550p From 680p - Hold ----------Peel Hunt Cuts TBC Bank Price Target To 2,015p From 2,285p - Buy ----------OTHER MAIN MARKET AND AIM----------Peel Hunt Cuts Non-Standard Finance To Reduce From Hold, Price Target To 52p From 70p----------Peel Hunt Cuts Charter Court Financial Services Price Target To 340p From 370p - Buy ----------Peel Hunt Cuts Arrow Global Price Target To 200p From 265p, Hold ----------RBC CUTS GOCOMPARE PRICE TARGET TO 125 (135) PENCE - 'OUTPERFORM'----------BERENBERG CUTS SUMO GROUP PRICE TARGET TO 170 (205) PENCE - 'BUY'----------GOLDMAN RAISES LONMIN PRICE TARGET TO 75 (50) PENCE - 'NEUTRAL'----------GOLDMAN CUTS PETRA DIAMONDS PRICE TARGET TO 30 (41) PENCE - 'NEUTRAL'----------BERENBERG CUTS MCBRIDE PRICE TARGET TO 95 (140) PENCE - 'HOLD'----------PEEL HUNT RAISES FUTURE PRICE TARGET TO 750 (660) PENCE - 'BUY'----------Peel Hunt Cuts Secure Trust Bank To Sell From Reduce, Price Target 1,100p ----------

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19 Nov 2015 00:00

Lonmin shareholders to vote on cut-price rescue rights issue

By Olivia Kumwenda-Mtambo JOHANNESBURG, Nov 19 (Reuters) - Lonmin shareholders will on Thursday decide whether to approve a deeply-discounted $407 million share issue, as the beleaguered platinum producer seeks cash to stay afloat. Battered by strikes, rising costs and weak platinum p

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17 Nov 2015 09:53

BROKER RATINGS SUMMARY: Citigroup Says Buy Tesco, Sell Morrisons

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12 Nov 2015 16:25

AGM, EGM Calendar - Week Ahead

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11 Nov 2015 15:55

As Lonmin fights for survival, miners move to cash in and quit

* Hit with losses, Lonmin striving to stay afloat * Seeking $407 mln in massively-discounted share issue * Aims to cut 6,000 jobs by next year to cut costs * So far more than 3,000 workers have left voluntarily By Olivia Kumwenda-Mtambo MARIKANA, South Africa, Nov 11

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10 Nov 2015 14:38

Lonmin tumbles as investors run for the exit ahead of rights issue

(ShareCast News) - Shares in beleaguered platinum miner Lonmin tumbled for the second day in a row as investors rushed for the exits ahead of a highly-discounted rights issue. Lonmin said on Monday it would launch a $407m (£270m) rights issue, which represents a 94% discount to the company's share p

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9 Nov 2015 11:50

London midday: FTSE little changed as investors digest US rate expectations

(ShareCast News) - Housebuilders were the standout losers on the FTSE 100 after after Friday´s much stronger-than-expected US jobs report for October stoked speculation of rising interest rates worldwide. At midday, the FTSE 100 was off by just 0.69 points or 0.01% to 6,353.11. The latest US non-fa

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9 Nov 2015 10:13

Lonmin launches rights issue at 94% discount as losses widen

(ShareCast News) - Beleaguered platinum miner Lonmin has launched a $407m (£270m) rights issue - a 94% discount to its share price last week - as it struggles to keep afloat amid declining platinum prices and rising costs. Shareholders will be able to subscribe for 46 new shares for each Lonmin shar

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9 Nov 2015 09:30

UPDATE 2-Lonmin offers 94 pct discount on crucial rights issue

* Lonmin to sell 27 billion new shares * Rights issue priced at 1 pence a share * Full-year pre-tax loss widens to $2.26 bln (Adds CEO and analysts comments, shares, results) By Olivia Kumwenda-Mtambo JOHANNESBURG, Nov 9 (Reuters) - Platinum producer Lonmin priced its

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9 Nov 2015 08:30

London open: Financials in the lead, homebuilders move lower

(ShareCast News) - Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the selling pressure on the top flight index after Friday´s much stronger-than-expected US jobs report for October. The FTSE 100 was trading up by 0.33% to 6,37

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9 Nov 2015 08:22

UPDATE: Lonmin Launches Rights Issue As Loss Significantly Widens (ALLISS)

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9 Nov 2015 07:49

Lonmin Launches Large, Heavily Discounted Rights Issue (ALLISS)

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9 Nov 2015 07:35

BUZZ-Lonmin shares soar after company offers 94 pct discount on right's issue

** Lonmin's Johannesburg-listed shares up more than 13 pct. ** Offers 94 pct discount at right's issue. ** Mining firm's $407 mln rights issue puts 27 billion new shares on offer. ** Lonmin said it would sell 27 billion shares at 1.00 pence each to its shareholders, compared to

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9 Nov 2015 07:29

Lonmin prices rights issue at 1 pence a share

JOHANNESBURG, Nov 9 (Reuters) - Platinum producer Lonmin on Monday priced its $407 million rights issue at a 94 percent discount as the firm fights for survival in the face of depressed commodity prices. Lonmin said it would sell 27 billion shares at 1.00 pence each to its shareholders, c

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5 Nov 2015 09:38

Thursday broker round-up

(ShareCast News) - Standard Chartered: Macquarie downgrades to underperform. Target price: 550.00p. Quarto Group Inc: Northland Capital Partners initiates new coverage with a buy, sets target price at 350.00p. Howden Joinery Group: N+1 Singer upgrades to buy. Sabmiller: Societe Generale downgrades

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4 Nov 2015 13:09

UPDATE 2-Lonmin faces collapse if shareholders reject $400 mln cash call

* Lonmin says rights issue must be backed if company to survive * Company could go under between December and May 2016 (Adds analyst comment, detail) By Zandi Shabalala JOHANNESBURG, Nov 4 (Reuters) - Lonmin , world's No.3 platinum miner, urged shareholders to approve a $400 m

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