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Thursday broker round-up UPDATE

Thu, 06th Feb 2014 09:23

ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating.Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation.Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation.BG Group: Credit Suisse lowers target price from 1115p to 1100p retaining a neutral rating.Beazley: Numis shifts target price from shifts target price from 300p to 305p upgrading from add to buy.BP: Liberum Capital takes target price from 450p to 500p and keeps a hold recommendation.Compass Group: HSBC ups target price from 830p to 850p leaving its underweight rating unchanged.Daily Mail & General Trust: Westhouse Securities increases target price from 864p to 960p, while staying with its neutral rating. Investec raises target price from 975p to 1055p and keeps a buy recommendation. Nomura takes target price from 900p to 1060p, while leaving its neutral rating unaltered.Drax Group: JP Morgan ups target price from 810p to 845p reiterating an overweight rating.Eland Oil & Gas: Canaccord Genuity moves target price from 165p to 175p and reiterates a buy recommendation.GlaxoSmithKline: Deutsche Bank reduces target price from 1700p to 1620p maintaining a hold recommendation. Societe Generale lowers target price from 1960p to 1950p, while its buy recommendation remains unchanged.Graphene NanoChem: Panmure Gordon ups target price from 88p to 110p0 and keeps a buy recommendation.Hargreaves Lansdown: Jefferies raises target price from 1150p to 1250p, while downgrading from buy to hold.Hays: Credit Suisse ups target price from 135p to 150p keeping an outperform rating.ICAP: JP Morgan takes target price from 344p to 364p and maintains a neutral rating.InterContinental Group: HSBC raises target price from 1900p to 2000p and stays with its neutral rating.Interserve: Liberum Capital cuts target price from 650p to 620p staying with its buy recommendation.JD Wetherspoon: HSBC moves target price from 740p to 750p, while downgrading to underweight.Marston's: HSBC lowers target price from 160p to 150p and keeps a neutral rating.Michael Page: Credit Suisse raises target price from 490p to 530p upgrading to outperform.Mitchells & Butlers: HSBC moves target price from 500p to 510p and retains an overweight rating.Northbridge: WH Ireland moves target price from 535p to 550p retaining a buy recommendation.Pittards: WH Ireland ups target price from 200p to 230p and keeps a buy recommendation.Premier Farnell: Credit Suisse shaves target price from 230p to 225p maintaining a neutral rating.Reckitt Benckiser: Credit Suisse increases target price from 4650p to 5200p and upgrades from neutral to outperform.RSA Insurance: Deutsche Bank shifts target price from 106p to 109p and keeps a hold recommendation.Serco Group: Investec increases target price from 310p to 550p, but keeps a sell recommendation.Smith & Nephew: Investec places both its target price (prev.: 832p) and its add recommendation under review.SThree: Credit Suisse moves target price of 425p to 450p and retains an outperform rating.Super Group: Canaccord Genuity raises target price from 1530p to 1625p staying with a buy recommendation.TUI Travel: Numis downgrades from add to hold with a target price of 425p. HSBC increases target price from 365p to 430p reiterating a neutral rating.Whitbread: HSBC increases target price from 3900p to 4200p keeping an overweight rating.Wincanton: Investec raises target price from 122p to 155p and retains a hold recommendation.Wolfson Microelectronics: Citi cuts target price from 150p to 136p, while reiterating its neutral rating.
More News
9 Jun 2022 15:59

Northbridge trading stronger still as it moves forward as Crestchic

(Sharecast News) - Northbridge Industrial Services updated the market on its recent performance on Thursday, reporting that the above-expectations trading in the first quarter had "accelerated further" into the second quarter.

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9 Jun 2022 15:03

IN BRIEF: Northbridge Industrial Services upgrades annual outlook

Northbridge Industrial Services PLC - Burton on Trent, England-based company which hires and sells industrial equipment - Reports strong trading in the first half of 2022 with the rental and sales pipeline building. As a result, company says it is increasing its outlook for the year as a whole because it is trading ahead of its already ungraded expectations. Does not specify these expectations for the year as a whole. Notes its UK factory expansion is now complete, with production already started.

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6 Jun 2022 15:58

UK shareholder meetings calendar - next 7 days

Tuesday 7 June  
Animalcare Group PLCAGM
Arix Bioscience PLCAGM
Centrica PLCAGM
Integrated Diagnostics Holdings PLCAGM
Kooth PLCAGM
Ondine Biomedical IncAGM
Osirium Technologies PLCAGM
SpaceandPeople PLCAGM
TruFin PLCAGM
Wednesday 8 June  
Ascent Resources PLCAGM
Cambridge Cognition Holdings PLCAGM
City Pub Group PLCAGM
DP Eurasia NVAGM
Gem Diamonds LtdAGM
Hiro Metaverse Acquisitions I SAAGM
Itaconix PLCAGM
M&G Credit Income Investment Trust PLCAGM
Nostrum Oil & Gas PLCAGM
Parity Group PLCAGM
Petards Group PLCAGM
Safestyle UK PLCAGM
Savannah Resources PLCAGM
Third Point Investors LtdAGM
Woodbois LtdAGM
Thursday 9 June 
4basebio PLCAGM
Northbridge Industrial Services PLCGM re name change to Crestchic
Funding Circle Holdings PLCAGM
Northbridge Industrial Services PLCAGM
Dignity PLCAGM
Corero Network Security PLCAGM
Kosmos Energy PLCAGM
Kistos PLCAGM
Tungsten Corp PLCGM re Kofax Offer
BioPharma Credit PLCAGM
Checkit PLCAGM
Panther Metals PLCAGM
Instem PLCAGM
Kore Potash PLCAGM
Rambler Metals & Mining PLCAGM
Xpediator PLCAGM
Round Hill Music Royalty Fund LtdAGM
REA Holdings PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
BlackRock Smaller Companies Trust PLCAGM
Friday 10 June 
Chariot LtdAGM
MP Evans Group PLCAGM
THG PLCAGM
Ergomed PLCAGM
Ultra Electronics Holdings PLCAGM
XLMedia PLCAGM
Monday 13 June 
Angus Energy PLCGM re second tranche of subscription shares and warrants
Elixirr International PLCAGM
Ocean Outdoor LtdGM re takeover by Atairos Group Inc
Jupiter Emerging & Frontier Income Trust PLCGM re voluntary liquidation
Mirriad Advertising PLCAGM
Saga PLCAGM
Spectra Systems CorpAGM
VPC Speciality Lending Investments PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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30 May 2022 18:33

IN BRIEF: Northbridge completes loadbank production facility

Northbridge Industrial Services PLC - Burton on Trent, England-based company which hires and sells industrial equipment - Announces completion and handover of new loadbank production facility in Burton on Trent, "on budget and on time", it notes. Says 1,200 square metre manufacturing facility will boost production capacity by 60%. Still intends to change its name to Crestchic PLC, subject to shareholder approval at its annual general meeting on June 9.

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12 Apr 2022 12:42

EARNINGS UPDATES: Parsley Box widens loss; M Winkworth profit doubles

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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10 Mar 2022 19:27

IN BRIEF: Northbridge Industrial proposes name change to Crestchic

Northbridge Industrial Services PLC - Burton-on-Trent-based specialist industrial equipment manufacturer - Following sale of Tasman division and focus on Crestchic, will put forward resolution at June 9 annual general meeting to rename the group to Crestchic PLC.

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1 Mar 2022 19:17

IN BRIEF: Northbridge Industrial completes Tasman division sale

Northbridge Industrial Services PLC - Burton-on-Trent-based specialist industrial equipment manufacturer - Announces completed sale of its Tasman operations in Australia and New Zealand. Company has received an initial payment of AUD6.0 million, around GBP3.2 million, with the balance of the AUD7.9 million to be paid in three additional instalments.

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21 Feb 2022 06:44

IN BRIEF: Western Selection reports half-year rise in net asset value

Western Selection PLC - AQSE-listed activist investor in small UK companies - Net asset value per share grows to 68 pence on December 31, the end of its financial first half, from 56p on June 30 last year and 47p a year before. Declares no interim dividend. Western Selection explains it stopped paying a dividend back in September 2019 due to the costs of maintaining a stock market listing and as its portfolio companies stopped paying dividends during the virus pandemic. More positively, notes the share prices of its two core holdings, AIM-listings Northbridge Industrial Services PLC and Kinovo PLC, rose by 45% and 11%, respectively, during the six-month period. Interim pretax profit is GBP117,000 - including a dividend from Kinovo - swung from a loss of GBP260,000 a year before.

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18 Feb 2022 18:20

TRADING UPDATES: Annual profit hikes for AssetCo and TBC Bank

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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18 Feb 2022 11:32

Northbridge confident in meeting 2021 profit expectations

(Sharecast News) - Northbridge Industrial Services said in a trading update on Friday that it was "confident" that its pre-exceptional profit before tax for 2021 would be in line with management expectations.

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18 Feb 2022 10:45

AIM WINNERS & LOSERS: UK Oil & Gas "delighted" by appeal court ruling

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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13 Jan 2022 18:10

TRADING UPDATES: Team17 buys astragon; contracts for Tekmar and Toople

TRADING UPDATES: Team17 buys astragon; contracts for Tekmar and Toople

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30 Sep 2021 15:45

EARNINGS UPDATES: Northbridge "delighted"; Echo Energy loss narrows

EARNINGS UPDATES: Northbridge "delighted"; Echo Energy loss narrows

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29 Sep 2021 19:30

IN BRIEF: Northbridge proposes capital reduction to enable dividends

IN BRIEF: Northbridge proposes capital reduction to enable dividends

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11 Aug 2021 14:46

IN BRIEF: Northbridge lifts full year outlook as interim revenue grows

IN BRIEF: Northbridge lifts full year outlook as interim revenue grows

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