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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.
More News
30 Jun 2010 07:00

Northbridge Ind Serv Proposed Acquisition And -4-

The Extraordinary General Meeting will be held at the offices of Buchanan Communications, 45 Moorfields, London EC2Y 9AE at 10.00 a.m. on 22 July 2010, at which the Resolutions will be proposed. A copy of the circular containing further details of the Placing and incorporating a notice of EGM and Fo

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30 Jun 2010 07:00

Northbridge Ind Serv Proposed Acquisition And -3-

million) to be satisfied by A$12.3 million (GBP7.1 million) in cash from the proceeds of the Placing, the Bank Facility and the Group's cash resources and the issue of Consideration Shares representing A$1.6 million (GBP0.9 million). In addition, subject to warranties given by the Vendor being satis

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30 Jun 2010 07:00

Northbridge Ind Serv Proposed Acquisition And -2-

whether to use the proceeds to finance other carefully selected acquisitions, which would be approved if necessary by Shareholders, and/or consider the possibility of returning cash to Shareholders. 2. Background to and reasons for the Acquisition and Placing Northbridge's strategy is to b

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30 Jun 2010 07:00

Northbridge Ind Serv Proposed Acquisition And Placing

TIDMNBI RNS Number : 4760O Northbridge Industrial Services PLC 30 June 2010 ? 30 June 2010 NORTHBRIDGE INDUSTRIAL SERVICES PLC ("NORTHBRIDGE", THE "COMPANY" OR THE "GROUP") PROPOSED ACQUISITION OF TASMAN OIL TOOLS PTY LIMITED PLACING OF

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14 Jun 2010 15:08

Northbridge Industrial Services Sees FY In Line With Market Views

LONDON (Dow Jones)--Northbridge Industrial Services PLC (NBI.LN), an industrial services and rental company said Monday overall activity has continued to grow and enquiries and quotes for the sale of manufactured units has increased compared with the levels of last year. MAIN FACTS: -Rental

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18 May 2010 14:04

Small caps: Paddy Power, Avis Europe, Plexus...

Irish bookie Paddy Power says 2010 has seen very strong revenue performance in online (total gross win (ex Australia) +32%) and good bet volume growth across all channels. "Following a run of adverse sporting results in 2009 the group's sportsbook gross win percentages have returned to normal expe

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25 Mar 2010 17:36

Small Caps round-up: Digital Barriers, Northbridge Industrial, Nanoco..........

AIM shell company Digital Barriers has made its first acquisition since joining AIM three weeks ago. The shell will pay up to £2.5m for Security Applications Ltd, which supplies thermal imaging equipment for perimeter surveillance. This is the first step in Digital Barriers' strategy to provide pr

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