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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.
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9 May 2013 16:07

Melrose director increases stake after positive update

A round-up of the biggest director deals today so far Miles Templeman, Senior Non-Executive Director of Melrose Industries, the FTSE 100 industrial conglomerate, has added £152,400-worth of shares to his stake in the company one day after it reported revenue was one per cent ahead in the year-to-da

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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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12 Apr 2013 07:25

Friday broker round-up UPDATE

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 in

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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

TIDMNBI RNS Number : 2077Q Northbridge Industrial Services PLC 30 July 2010 ? 30 July 2010 NORTHBRIDGE INDUSTRIAL SERVICES PLC ("NORTHBRIDGE", THE "COMPANY" OR THE "GROUP") Completion of Acquisition Further to the announcement

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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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