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Wednesday broker round-up UPDATE

Wed, 02nd Oct 2013 08:02

Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold.Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating.Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation.Barclays: Societe Generale shifts target price from 325p to 320p and upgrades to buy.Cairn Energy: Nomura cuts target price from 400p to 370p, while leaving its buy recommendation unchanged.Care Tech: Canaccord Genuity increases target price from 185p to 275p and maintains its buy recommendation.Domino's Pizza: Canaccord Genuity reduces target price from 500p to 480p and reiterates its sell recommendation.Dragon Oil: Nomura lowers target price from 800p to 750p, while its buy recommendation is kept.Enterprise Inns: Deutsche Bank raises target price from 190p to 205p maintaining a buy recommendation.Faroe Petroleum: Nomura cuts target price from 210p to 190p and maintains a buy recommendation.Fresnillo: Citi reduces target price from 1020p to 911p downgrading to sell.Glencore Xstrata: Alphavalue reduces target price from 352.20p to 309.50p and downgrades from add to reduce.Hays: Bank of America takes target price from 115p to 135p and retains a buy recommendation.Innovation Group: Panmure Gordon shifts target price from 38p to 41p maintaining a buy recommendation.Northbridge Industrial Services: Westhouse Securities raises target price from 455p to 511p and stays with its buy recommendation.Northern Petroleum: Goldman Sachs cuts target price from 105p to 69p and downgrades from a strong buy recommendation to neutral.Ophir Energy: Nomura reduces target price from 650p to 430p and downgrades from buy to neutral.Polyus Gold International: Citi cuts target price from 224p to 200p and downgrades to neutral.Premier Oil: Nomura takes target price from 550p to 450p, while staying with its by recommendation.Prudential: Credit Suisse increases target price from 1300p to 1450p and reiterates its outperform rating.Randgold Resources: Citi reduces target price from 4733p to 4226p and downgrades to sell.Rolls-Royce Group: Alphavalue moves target price from 1010p to 1049.30p and upgrades from sell to reduce.Schroders: Numis downgrades to hold.SOCO International: Nomura cuts target price from 425p to 400p keeping a neutral rating.SSE: Societe Generale lowers target price from 1385p to 1370p reiterating a sell recommendation.Tullow Oil: Nomura reduces target price from 1220p to 1130p, while staying with a neutral rating.Wolseley: Jefferies ups target price from 2510p to 2540p and keeps an underperform rating. Credit Suisse reduces target price from 3700p to 3500p and reiterates a neutral rating.
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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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