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Friday broker round-up UPDATE

Fri, 13th Jun 2014 09:23

African Minerals: Deutsche Bank reduces target price from 316p to 249p maintaining a buy recommendation.Atkins: Numis ups target price from 1650p to 1700p and keeps a buy recommendation. JP Morgan reduces target price from 1619p to 1548p and reiterates its overweight rating.Ferrexpo: Deutsche Bank cuts target price from 350p to 319p, while leaving its buy recommendation unchanged.Glencore Xstrata: Deutsche Bank lowers target price from 415p to 411p and retains a buy recommendation.HSBC Holdings: JP Morgan cuts target price from 700p to 675p and reiterates a neutral rating.National Grid: Deutsche Bank raises target price from 660p to 725p, but still recommends selling.Petra Diamonds: RBC Capital ups target price from 180p to 200p retaining an outperform rating.Premier Farnell: Deutsche Bank shifts target price from 240p to 245p and keeps a buy recommendation.PZ Cussons: JP Morgan cuts target price from 370p to 350p and maintains a neutral rating.Rio Tinto: Deutsche Bank reduces target price from 4690p to 4580p staying with its buy recommendation.Sepura: Westhouse Securities moves target price from 160p to 170p and keeps a buy recommendation.Servern Trent: Deutsche Bank increases target price from 2000p to 2150p and maintains a buy recommendation.Spectris: Morgan Stanley initiates with a target price of 2680p and an overweight rating.Standard Chartered: JP Morgan cuts target price from 1500p to 1450p keeping its neutral rating.Tower Resources: Northland Capital places its hold recommendation under review.United Utilities: Deutsche Bank ups target price from 900p to 980p and reiterates its buy recommendation.Vesuvius: Numis upgrades from hold to add with a target price of 515p.
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14 Jun 2011 12:06

London midday: China reassurance boosts FTSE 100

Stocks have moved higher, helped by some reassuring economic figures from China. Chinese industrial production rose by 13.3% in May, assuaging some observers' fears that economic expansion in the fast-growing country could slow. The excitement is in the FTSE 250 today, with Avis Europe soaring on

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14 Jun 2011 09:23

SME demand to lift 1pm to profit

AIM-listed asset finance provider to small and medium enterprise (SMEs) 1pm moved up more than 25% after saying it will announce a return to profitability for the full year following improved trading. Turnover for the year ending 31 May 2011 is expected to be £1.90m, which is 43% ahead of last year

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14 Jun 2011 08:32

London open: Shares rise as Avis takeover stokes M&A excitement

London's leading share index is posting strong decent growth this morning in contrast to recent sluggishness, but the excitement is in the FTSE 250 with Avis Europe soaring on news the Avis car hire brand is set to return to single ownership after US operator Avis Budget launched an agreed bid. Avi

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17 Dec 2010 10:45

Small caps round-up: 1pm, ECDC, Hot Tuna...

1pm, the specialist provider of lease asset finance to small and medium sized businesses, grew its lease portfolio by 43% in the half year ended November - which now stands at £9.2m - due to an increase in new business levels. The group also noted a return to profitability, reporting a pre-tax pro

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15 Sep 2010 11:42

Small caps round-up: ILA, Indus Gas, Minera...

ILA, which makes personal alarms for women, has won two big orders, one from the department store House of Fraser and one from the Canadian book retailer Indigo Books. But the shares are down nearly 9%. Losses widened at Indus Gas in the year to March 31, but the India-focused oil and gas group has

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20 Jan 2010 13:10

Small caps round-up: ING Real, Intellego, Oxford Intruments...

ING UK Real Estate Income Trust will repay £15m of debt through the purchase and cancellation of loan notes at a discount to nominal value in two separate transactions. The transaction will result in a one off gain to NAV expected to be in the order of £680,000, and will also save over £719,000 per

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