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Tuesday broker round-up UPDATE

Tue, 05th Aug 2014 11:02

Acal: FinnCap initiates with a target price of 322p and a buy recommendation.Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation.Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation.Alent: Numis increases target price from 340p to 390 retaining an add rating.Black Mountain Resources: Westhouse Securities lowers target price from 17p to 10p and keeps a buy recommendation.BSkyB: Numis raises target price from 941p to 982p keeping an add rating.Crawshaw: WH Ireland shifts target price from 65p to 70p and retains a buy recommendation.Devro: Investec lowers target price from 280p to 276p keeping a buy recommendation.Essentra: Deutsche Bank cuts target price from 950p to 900p leaving its buy recommendation unchanged.esure Group: Canaccord Genuity lowers target price from 295p to 280p, while leaving its buy recommendation unaltered.Fidessa: Credit Suisse reduces target price from 2600p to 2500p staying with its outperform rating.Hill & Smith: Investec increases target price from 560p to 600p upgrading from hold to buy.HSBC Holdings: UBS ups target price from 630p to 645p keeping a neutral rating.IMI: UBS cuts target price from 1700p to 1625p maintaining a buy recommendation. Investec lowers target price from 1570p to 1560p staying with its buy recommendation.InterContinental Hotels Group: Numis downgrades from buy to hold with a target price of 2400p.Intertek Group: Jefferies reduces target price from 3465p to 3300p and retains a buy recommendation. JP Morgan upgrades from neutral to overweight with a target price of 3033p. Citi reduces target price from 3940p to 3340p keeping a buy recommendation. RBC Capital raises target price from 2900p to 3000p upgrading from neutral to outperform. Numis upgrades from hold to add with a target price of 3100p.LSL: Numis upgrades from add to buy with a target price of 520p.Man Group: UBS ups target price from 105p to 120p and retains a neutral rating.Meggitt: Investec places both its target price (prev.: 530p) and its add rating under review.Next Fifteen Communications: Canaccord Genuity moves target price from 130p to 145p staying with its buy recommendation.Northbridge: WH Ireland shifts target price from 625p to 630p and keeps a buy recommendation.PZ Cussons: Investec shifts target price from 380p to 386p and retains a hold recommendation.Rotork: Investec places its target price (prev.: 2860p) under review, while keeping a buy recommendation.Royal Mail: Credit Suisse reduces target price from 460p to 360p and keeps an underperform rating.Schroders: Berenberg reduces target price from 3050p to 2900p and retains a buy recommendation.SDL: Panmure Gordon shifts target price from 421p to 428p reiterating a buy recommendation.Senior: Numis upgrades from add to buy with a target price of 315p.Smith & Nephew: JP Morgan ups target price from 908p to 949p and maintains a neutral rating.Solid State: WH Ireland reinstates with a target price of 650p and a buy recommendation.St. James's Place: Nomura cuts target price from 915p to 900p and keeps a buy recommendation.Telecity: Numis lowers target price from 880p to 860p downgrading from buy to add.TUI Travel: Panmure Gordon ups target price from 475p to 500p retaining a buy recommendation.UBM: Westhouse Securities reduces target price from 755p to 695p and reiterates an add rating.Ultra Electronics: Deutsche Bank cuts target price from 1750p to 1700p retaining a hold recommendation.William Hill: Nomura cuts target price from 479p to 448p, while leaving its buy recommendation unchanged. JP Morgan shifts target price from 340p to 345p and retains an underweight 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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