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LONDON BROKER RATINGS: HSBC raises Smith & Nephew to 'buy'

Tue, 31st Oct 2023 09:43

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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FTSE 100

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Citigroup raises Centrica price target to 180 (155) pence - 'buy'

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SocGen cuts Reckitt Benckiser price target to 7,100 (7,500) pence - 'buy'

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DZ Bank cuts fair value for Reckitt Benckiser to 6,650 (7,000) pence - 'buy'

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Morgan Stanley cuts Unilever price target to 4,400 (4,500) pence - 'equal-weight'

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SocGen raises Pearson price target to 1,225 (1,140) pence - 'buy'

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Barclays raises Pearson price target to 975 (935) pence - 'equal weight'

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Deutsche Bank raises Pearson price target to 1,100 (1,080) pence - 'buy'

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HSBC raises Smith & Nephew to 'buy' - price target 1,220 pence

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Barclays raises Rolls-Royce to 'overweight' (equal weight) - price target 270 (239) pence

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JPMorgan cuts InterContinental Hotels to 'underweight' (neutral) - price target 5,400 (6,300) pence

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Goldman Sachs cuts Airtel Africa price target to 135 (138) pence - 'buy'

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FTSE 250

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Berenberg reinitiates Tritax Big Box with 'buy' - price target 155 pence

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Berenberg reinitiates Supermarket Income REIT with 'hold' - price target 81 pence

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Berenberg starts LXi REIT with 'hold' - price target 95 pence

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Berenberg reinitiates LondonMetric Property with 'hold' - price target 176 pence

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Berenberg reinitiates Assura with 'buy' - price target 49 pence

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SMALL CAP

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Wells Fargo starts Wise with 'overweight' - price target 850 pence

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Morgan Stanley cuts Kerry Group to 'equal-weight' - price target 80 EUR

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Feb 2022 09:41

LXi REIT makes nine acquisitions in UK for GBP87 million

(Alliance News) - LXi REIT PLC on Monday announced the acquisition of nine assets for GBP87 million in total, at a net initial yield of 5.1% and funded by last week's GBP250 million raise.

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14 Feb 2022 07:04

LXi in nine-property deal worth £87m

(Sharecast News) - Real estate trust LXi said it had bought nine properties for £87m, funded by its recent £250m capital raise.

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18 Jan 2022 11:28

LXI Reit to raise £125m to fund pipeline deals

(Sharecast News) - LXI Reit is seeking to raise £125m to fund further investments, the FTSE 250 firm said on Tuesday.

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10 Jan 2022 08:31

LXi REIT lifts dividend target as rent collection remains strong

(Sharecast News) - LXi REIT announced its new dividend target on Monday, saying it was aiming for a fully-covered annual dividend of 6.3p per share for the 12 months starting 1 April.

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16 Dec 2021 07:07

LXI REIT acquires 16-acre long-let asset in Middlesbrough

(Sharecast News) - Commercial property investor LXI REIT has acquired a 16-acre long-let property in Middlesbrough valued at £58.9m from Knight Frank.

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24 Nov 2021 07:45

LXi REIT sees growth across sub-sectors in first half

(Sharecast News) - LXi REIT reported a total net asset value return of 9% for its first half on Wednesday, swinging from a negative return of -0.6% in the first half of last year.

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1 Nov 2021 08:09

LXi REIT agrees £19m forward funding deals

(Sharecast News) - LXi REITsaid it had agreed two long-let forward funding acquisitions worth a total £19.5m in Essex.

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11 Oct 2021 08:05

LXI REIT net asset value rises as portfolio value increases

(Sharecast News) - Real estate investment trust company LXI REIT said on Monday that independent valuer Knight Frank had valued the group's property portfolio at £1.22bn.

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1 Sep 2021 07:42

LXI REIT buys 29 UK nurseries for £34m

(Sharecast News) - Property investor LXi REIT said it had acquired a portfolio of 23 nursery schools in England for £34m.

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20 Aug 2021 07:43

LXi makes three acquisitions, sells Lidl store

(Sharecast News) - Specialist property investor LXi announced a number of accretive acquisitions for a total cost of £80m on Friday, reflecting an accretive 5.25% average net initial yield, compared to a current portfolio value of 4.7%.

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12 Jul 2021 08:11

LXI REIT reaffirms dividend target after collecting 100% of Q3 rent

(Sharecast News) - LXI REIT reaffirmed its dividend target on Monday after it collected 100% of the rent due for the third quarter.

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1 Jul 2021 08:37

LXI REIT raises £104m in placing and PrimaryBid offer

(Sharecast News) - LXi REIT has raised gross proceeds of £100m under its placing, it announced on Thursday morning, and a further £4m gross under its PrimaryBid offer.

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24 Jun 2021 08:52

LXi REIT taps investors for £75m to fund acquisitions

(Sharecast News) - LXi REIT is raising about £75m from investors to pay for acquisitions including nursery and special education schools that are in demand as investments.

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10 Jun 2021 09:03

LXI REIT acquires Reading garden centre, disposes of 'ancillary retail parade'

(Sharecast News) - London-based real estate investment trust LXI REIT said on Thursday that it has exchanged contracts on the forward funding acquisition of a 94,000 square foot garden centre in Reading for a total cost of £19.0m.

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19 May 2021 07:41

Disposals ahead of value drive growth for LXi REIT

(Sharecast News) - LXi REIT reported a 1.1% improvement in EPRA net tangible assets and net asset value per share under IFRS in its annual results on Wednesday, to 125.7p, with growth primarily driven by disposals ahead of book value as well as like-for-like portfolio growth.

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