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BROKER RATINGS SUMMARY: Burberry And Micro Focus Suffer Rating Cuts

Wed, 17th Jul 2019 09:31

(Alliance News) - The following London-listed shares received analyst recommendations late Tuesday and on Wednesday morning:----------FTSE 100----------JEFFERIES CUTS BURBERRY GROUP TO 'UNDERPERFORM' ('HOLD') - TARGET 2000 (1800) P----------RBC RAISES BURBERRY GROUP PRICE TARGET TO 1975 (1800) PENCE - 'UNDERPERFORM'----------DEUTSCHE BANK RAISES BURBERRY GROUP PRICE TARGET TO 1970 (1800) PENCE - 'HOLD'----------CREDIT SUISSE RAISES BURBERRY PRICE TARGET TO 2350 (1950) PENCE - 'NEUTRAL'----------MORGAN STANLEY REINITIATES CRH WITH 'OVERWEIGHT' - PRICE TARGET 36 EUR----------JEFFERIES RAISES CRH PRICE TARGET TO EUR33.40 (EUR32) - 'BUY'----------GOLDMAN CUTS MICRO FOCUS TO 'SELL' ('NEUTRAL') - TARGET 1400 (2200) PENCE----------JPMORGAN RAISES AUTO TRADER GROUP PRICE TARGET TO 414 (386) PENCE - UNDERWEIGHT----------JPMORGAN CUTS RIO TINTO PRICE TARGET TO 5580 (5670) PENCE - 'OVERWEIGHT'----------HSBC CUTS RIO TINTO PRICE TARGET TO 5050 (5200) PENCE - 'HOLD'----------JEFFERIES CUTS PERSIMMON PRICE TARGET TO 2196 (2409) PENCE - 'HOLD'----------JPMORGAN RAISES RSA INSURANCE PRICE TARGET TO 630 (610) PENCE - 'NEUTRAL'----------JPMORGAN RAISES EXPERIAN PRICE TARGET TO 2600 (2400) PENCE - 'OVERWEIGHT'----------JPMORGAN RAISES PEARSON PRICE TARGET TO 1105 (1090) PENCE - 'OVERWEIGHT'----------JPMORGAN RAISES RIGHTMOVE PRICE TARGET TO 420 (402) PENCE - 'UNDERWEIGHT'----------FTSE 250----------CREDIT SUISSE RAISES MAN GROUP PRICE TARGET TO 188 (180) PENCE - 'OUTPERFORM'----------BERENBERG INITIATES HOCHSCHILD MINING WITH 'SELL' - TARGET 165 PENCE----------BERENBERG INITIATES POLYMETAL WITH 'HOLD' - TARGET 970 PENCE----------GOLDMAN CUTS HASTINGS GROUP PRICE TARGET TO 200 (204) PENCE - 'NEUTRAL'----------HSBC CUTS ELEMENTIS PRICE TARGET TO 145 (165) PENCE - 'HOLD'----------UBS CUTS JUPITER FUND MANAGEMENT PRICE TARGET TO 330 (345) PENCE - 'SELL'----------LIBERUM CUTS HAYS PRICE TARGET TO 185 (195) PENCE - 'BUY'----------OTHER MAIN MARKET AND AIM----------RBC RAISES JOHNSON SERVICE GROUP PRICE TARGET TO 190 (180) PENCE - 'OUTPERFORM'----------JPMORGAN RAISES ENQUEST ENERGY PRICE TARGET TO 36 (35) PENCE - 'NEUTRAL'----------

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29 May 2020 18:44

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26 May 2020 09:44

Micro Focus Cancels Final Dividend As Seeks To Refinance Loans

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26 May 2020 09:25

Micro Focus to repay $150m of debt after scrapping dividend

(Sharecast News) - Micro Focus International said it would use $150m (£123m) of cash reserves to pay off debt after cancelling its final dividend for 2019.

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22 May 2020 10:01

UK BROKER RATINGS SUMMARY: Exane Rates Barclays, StanChart At Neutral

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20 May 2020 09:26

UK BROKER RATINGS SUMMARY: Deutsche Bank Upgrades Compass To Buy

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19 May 2020 10:10

Micro Focus Interim Revenue Down On Coronavirus Disruption

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19 May 2020 07:38

Micro Focus Intl sees first half revenue down 11%, withdraws guidance

LONDON, May 19 (Reuters) - Britain's Micro Focus Intl said the coronavirus caused some customers to defer projects and delay renewals in April, resulting in a 11% decline in first half revenue.The company, which helps customers maintain and integr...

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19 May 2020 07:28

Micro Focus reaches upper end of margin expectations in first half

(Sharecast News) - Micro Focus said on Tuesday that it was expecting to report revenue of around $1.45bn (£1.19bn) for the first half, making for a decline of around 11% on a constant currency basis.

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17 Apr 2020 13:16

UK EXECUTIVE CHANGE SUMMARY: Tungsten Taps Former Worldpay Exec As CFO

UK EXECUTIVE CHANGE SUMMARY: Tungsten Taps Former Worldpay Exec As CFO

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7 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: UBS Raises National Grid And Cuts Centrica

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1 Apr 2020 19:22

Lenders shift gears as coronavirus fears ripple through loan market

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27 Mar 2020 17:12

DIRECTOR DEALINGS SUMMARY: New Micro Focus Chair Spends GBP875,000

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26 Mar 2020 09:30

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18 Mar 2020 15:58

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