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Friday broker round-up UPDATE

Fri, 12th Apr 2013 07:25

Aggreko: Panmure Gordon raises target price fro, 1727p to 2106p and upgrades from hold to buy.Alternative Networks: Westhouse Securities moves target price from 280p to 295p and reiterates a neutral rating. Investec raises target price from 330p to 350p maintaining a buy recommendation. Finncap increases target price from 280p to 350p and retains a buy recommendation.Ashmore Group: Citigroup ups target price from 355p to 410p keeping a neutral rating. JP Morgan lowers target price from 413p to 410p, while its neutral rating remains unchanged. Jefferies raises target price from 435p to 490p and maintains a buy recommendation. HB Markets downgrades to hold. Societe Generale ups target price from 420p to 455p maintaining a buy recommendation.Aviva: JP Morgan cuts target price from 443p to 393p, while leaving its overweight rating unaltered.BAE Systems: JP Morgan shifts target price from 360p to 365p, while downgrading from neutral to underweight.Botswana Diamonds: HB Markets initiates with a speculative buy.BP: Investec reduces target price from 495p to 425p and downgrades to hold.Burberry: JP Morgan raises target price from 1270p to 1320p, while its neutral rating remains unchanged.Cobham: JP Morgan shifts target price from 245p to 255p and stays with a neutral rating.Debenhams: Cantor Fitzgerald lowers target price from 80p to 70p and downgrades to sell. Panmure Gordon shifts target price from 90p to 88p keeping a hold recommendation.GlaxoSmithKline: Societe Generale raises target price from 1810p to 1900p retaining a buy recommendation.Global Energy Developments: Northland Securities reduces target price from 214p to 186p, while retaining its buy recommendation.Hays: Credit Suisse shifts target price from 95p to 99p and maintains its neutral rating. JP Morgan moves target price from 88p to 90.40p and retains a neutral rating. Panmure Gordon ups target price from 84p to 96p, while its hold recommendation remains unchanged.HSBC Holdings: Liberum Capital shifts target price from 665p to 650p and downgrades to hold.Informa: Jefferies reduces target price from 580p to 510p downgrading to hold.Legal and General Group: JP Morgan takes target price from 144p to 151p, but downgrades to underweight.Marks & Spencer: Citigroup raises target price from 360p to 400p reiterating a neutral rating. Cantor Fitzgerald downgrades to sell with a target price of 350p. Societe Generale shifts target price from 468p to 472p and reiterates a buy recommendation.Matchtech Group: Cantor Fitzgerald ups target price from 300p to 340p, but downgrades to hold.National Grid: Citigroup increases target price from 680p to 820p, while maintaining a neutral rating.Northbridge: Westhouse Securities takes target price from 350p to 400p maintaining a buy recommendation.Pearson: Jefferies cuts target price from 1290p to 1240p reiterating a hold recommendation.Phoenix Group: JP Morgan reduces target price from 941p to 915p and retains an overweight rating.Prudential: JP Morgan increases target price from 781p to 836p keeping an underweight rating.Reed Elsevier: Jefferies cuts target price from 760p to 700p and downgrades to hold.Rentokil Initial: Goldman Sachs downgrades to neutral with a target price of 111p.Resolution: JP Morgan ups target price from 257p to 273p and upgrades to neutral.Royal Durch Shell: Investec raises target price from 2168p to 2550p and upgrades to buy.SAB Miller: Societe Generale increases target price from 2970p to 3590p, while staying with its hold recommendation.Sports Direct International: Cantor Fitzgerald reduces target price from 460p to 440p downgrading to hold.Standard Chartered: Citigroup reduces target price from 2000p to 1900p and retains its buy recommendation.Standard Life: JP Morgan takes target price from 349p to 380p and maintains an overweight rating.St James's Place: JP Morgan raises target price from 531p to 560p and reiterates an overweight rating.Tate & Lyle: Credit Suisse Credit moves target price from 845p to 930p, while leaving its outperform rating unchanged.Tesco: Deutsche Bank takes target price from 394p to 440p reiterating a buy recommendation.William Hill: Deutsche Bank cuts target price from 436p to 422p and downgrades from buy to hold.Wolfson Microelectronics: Numis increases target price from 210p to 230p and upgrades to buy.Xcite Energy: Sanlam Securities raises target price from 167p to 204p keeping its buy recommendation.XP Power: Investec reduces target price from 1365p to 1330p, while maintaining its buy recommendation.
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9 May 2013 16:07

Melrose director increases stake after positive update

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23 Apr 2013 16:26

Wessex Exploration directors keep the faith

Three directors at Wessex Exploration have demonstrated their support for the oil and gas group after it said no hydrocarbons were found at the GM-ES-3 well in French Guiana. Drilling activities have been terminated and the well is being plugged and abandoned, the firm said. The biggest purchase

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11 Apr 2013 07:21

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank reduces target price from 594p to 586p keeping a buy recommendation. Investec cuts target price from 438p to 411p, while its buy recommendation remains unchanged. Associated British Foods: Societe Generale increases target price from 1820p to 1900p, while downgrading

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3 Feb 2013 18:43

Sunday share tips: ARM Holdings, Northbridge, GB Group

Everyone calm down. That seems to be the message from analysts who follow Britain's greatest tech success story, ARM Holdings. When you consider that over the last three months of 2012 alone an estimated 219m smartphones were sold, and that ARM powers about 90% of the market, the 1% and 3% royalties

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27 Jan 2012 10:33

Northbridge may take loss on underperforming rental assets

Northbridge Industrial Services, the industrial services and rental company, is to make an impairment charge after realising that some of its rental assets are not being used as much as was expected. The company says the generators, transformers and ancillary equipment it bought to supply the Jaba

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29 Sep 2011 15:58

Northbridge share holders unimpressed by strong results

Northbridge Industrial Services, which hires and sells specialist industrial equipment, saw its share price drop despite posting strong half year to date results. Indeed, the group is so confident in its progress that it is now actively seeking possible acquisitions. Eric Hook, chief executive

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12 May 2011 06:54

Thursday tips round-up: Prudential, Northbridge, FirstGroup

It's not often a company says it wants to slow down a booming business but that's what Prudential said about its US Jackson Life operation yesterday. Prudential remains a great long-run investment in Asia's economic and demographic strengths but for those with a shorter horizon the US may prove some

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30 Mar 2011 17:09

Northbridge seeing growth in most sectors

Northbridge Industrial Services has got off to a good start to 2011 with the recent acquisition, Tasman Oil Tools, performing well. Consolidated group revenue in 2010 surged to £19.3m from £12.7m the year before while pre-tax profits jumped to £3.7m from £2.2m. Tasman contributed £3.7m to sales. T

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29 Sep 2010 13:47

Small caps round-up: Andrews Sykes, Northbridge, Sceptre...

Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n

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30 Jul 2010 11:34

Northbridge Ind Serv Completion Of Acquisition

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30 Jun 2010 16:00

UK SMALLCAP ROUNDUP: Resaca Exploration Shelves Share Sale

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RESACA EXPLOITATION INC. (RSOX.LN), an oil and gas company, said Wednesday it postponed a planned share issue due to market conditions. Resaca planne

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30 Jun 2010 12:30

UK SMALLCAP ROUNDUP: HMV Strategy On Track Amid Record Sales

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HMV GROUP PLC (HMV.LN) Wednesday said its strategy of diversifying its business away from CDs and DVDs remains on track, although the CD market didn't de

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30 Jun 2010 09:30

UK SMALLCAP ROUNDUP: Scott Wilson Bidder URS Gets Deadline

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30 Jun 2010 07:27

Northbridge Industrial Raises GBP7M For Tasman Oil Tools Buy

LONDON (Dow Jones)--Industrial services and rental company Northbridge Industrial Services PLC (NBI.LN) Wednesday said it has conditionally raised GBP7 million to help fund the acquisition of Perth-based rental equipment firm Tasman Oil Tools Pty. Ltd. for A$16.9 million. Chief Executive Eric Ho

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