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Thursday broker round-up UPDATE

Thu, 11th Apr 2013 07:21

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 to hold.AZ Electronic Materials: Societe Generale takes target price from 425p to 350p, while staying with its buy recommendation. N+1 Singer reduces target price from 420p to 320p, while upgrading to buy.Balfour Beatty: Berenberg upgrades from hold to buy with a target price of 290p.Centamin: Societe Generale lowers target price from 55p to 40p and downgrades to sell.Diageo: Goldman Sachs raises target price from 2220p to 2730p and stays with its buy recommendation.Eurasian Natural Resources: Exane BNP reduces target price from 340p to 270p maintaining a neutral rating.Fresnillo: Societe Generale moves target price from 1200p to 1150p and keeps a sell recommendation.Kazakhmys: Exane BNP cuts target price from 500p to 350p and reiterates an underperform rating.Mar City: WH Ireland initiates with a target price of 5.5p and a buy recommendation.Marks & Spencer: Investec places its target price (prev.: 275p) under review and reiterates a sell recommendation.Northbridge: WH Ireland ups target price from 350p to 370p and keeps its buy recommendation. Westhouse Securities raises target price from 350p to 400p retaining a buy rating.Petropavlovsk: Societe Generale reduces target price from 470p to 275p, while maintaining its buy recommendation.PZ Cussions: Canaccord Genuity ups target price from 319p to 332p, but still recommends selling. Randgold Resources: Societe generale cuts target price from 8000p to 6500p, while leaving its buy recommendation unchanged.Spirent Communications: Canaccord Genuity reduces target price from 156p to 135p reiterating a hold recommendation.UBM: Westhouse Securities upgrades from add to buy with a target price of 829p.Vedanta Resources: Deutsche Bank lowers target price from 1270p to 1230p, while its buy recommendation remains unchanged.Volex: Investec shifts target price from 95p to 105p keeping a hold recommendation.Xaar: Investec ups target price from 430p to 490p and maintains a buy recommendation.
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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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