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Wednesday broker round-up UPDATE

Wed, 27th Mar 2013 08:52

Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation.Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation.Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation. HB Markets downgrades to hold.Bellzone Mining: Canaccord Genuity cuts target price to 12p and downgrades to hold.Bodycote: JP Morgan increases target price from 380p to 495p, while leaving its neutral rating unchanged.British Land: Societe Generale upgrades to buy with its target price at 630p.Compass Group: Morgan Stanley raises target price from 730p to 810p maintaining an equal-weight rating. JP Morgan ups target price from 780p to 890p and stays with its overweight rating. Credit Suisse takes target price from 912p to 940p, while its outperform rating remains unchanged. Citi hikes target price to 925p from 800p and reiterates buy.Charlemagne Capital: JP Morgan shifts target price from 7p to 10p keeping an underweight rating.Croda International: HSBC Holdings takes target price from 2450p to 2750p, while its neutral rating remains unchanged.Cropper (James): Westhouse Securities raises target price from 220p to 260p and maintains an add rating.Daily Mail & General Trust: Westhouse Securities increases target price from 604p to 634p and maintains a neutral rating.Derwent London: Societe Generale upgrades to hold with its target price at 2390p.Faroe Petroleum: Credit Suisse cuts target price from 230p to 216p, while its outperform rating is kept.Fidessa Group: JP Morgan initiates with a target price of 2002p and a neutral rating.Global Energy Development: Northland Capital cuts target price from 214p to 186p and retains its buy recommendation.Great Portland Group: Societe Generale upgrades to hold with a target price of 530p.Henry Boot: WH Ireland initiates with a target price of 185p and a buy recommendation. Numis shifts target price from 170p to 180p keeping a buy recommendation.Intu Properties: Societe Generale upgrades to hold with a target price of 330p.Kazakhmys: Societe Generale reduces target price from 575p to 478p, while upgrading to buy.Kingfisher: HSBC Holdings moves target price from 335p to 350p and stays with its overweight rating. Deutsche Bank shifts target price from 290p to 285p reiterating a hold recommendation. Societe Generale shifts target price from 296p to 293p and retains a hold recommendation.LSL Property Services: Panmure Gordon increases target price from 337p to 389p and retains a buy recommendation.Mears Group: Espirito Santo increases target price from 285p to 338p, while maintaining a neutral rating.Mulberry: Panmure Gordon reduces target price from 1100p to 950p reiterating a buy recommendation.Pace: JP Morgan raises target price from 269p to 290p and leaves its overweight rating unaltered.Petropavlovsk: JP Morgan cuts target price from 500p to 420p, while its overweight rating remains unchanged.Premier Farnell: Espirito Santo ups target price from 213p to 250p keeping a buy recommendation.Premier Oil: Liberum Capital reduces target price from 352p to 313p and downgrades to sell.Produce Investments: Investec lowers target price from 156p to 147p keeping a hold recommendation.RBS: Citi reiterates buy and sets fair value of 61p.SABMiller: HSBC Holdings increases target price from 3350p to 3600p and reiterates a neutral rating.Safestore Holdings: Espirito Santo upgrades to buy with a target price of 130p.Schroders: Credit Suisse moves target price from 2150p to 2285p reiterating a neutral rating.Smiths Group: Deutsche Bank ups target price from 1380p to 1400p leaving its buy recommendation unchanged.Speedy Hire: Panmure Gordon shifts target price from 50p to 56p and maintains a buy recommendation.Spirent Communications: Morgan Stanley reduces target price from 170p to 155p and downgrades to equal-weight.Tate & Lyle: Investec ups target price from 825p to 860p and keeps a hold recommendation.Tesco: Deutsche Bank moves target price from 394p to 440p and retains a buy recommendation.TUI Travel: Numis increases target price from 310p to 350p and upgrades to add.Wolseley: Jefferies ups target price from 2500p to 2540p and keeps an underperform rating. Deutsche Bank increases target price from 3197p to 3400p maintaining a buy recommendation.Xchanging: JP Morgan upgrades to overweight with a target price of 174p.
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5 Jun 2014 14:43

DIRECTOR DEALINGS: Produce Investments Non-Executive Sells 4,000 Shares

LONDON (Alliance News) - Produce Investments PLC Thursday said that Derek Porter, a non-executive director, has sold 4,000 shares at 286 pence each. Porter now has a 0.42% stake in the company, some 111,020 shares. Produce Investments shares were Thursday quoted at 294.75 pence, up 1.

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16 May 2014 08:10

Produce Investments Buys Potato Grower Jersey Royal For GBP15 Million

LONDON (Alliance News) - Produce Investments PLC, the parent company of one of the UK's biggest potato producers, said Friday that it has acquired Jersey Royal Co, one of the country's largest producers of the famous Jersey Royal potato, for GBP15 million. The company said it was in talks t

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16 May 2014 07:38

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday.

Intertek leads the FTSE 100 fallers,

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26 Mar 2014 12:07

Produce Investments Swings To Profit, Boosts Dividend

LONDON (Alliance News) - Produce Investments PLC said Wednesday it swung to an operating profit for the half-year and is on track to meet market expectations for the full-year as it continued to focus on boosting efficiency realigning capacities during the period of significantly better weather a

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8 Jan 2014 12:41

Produce Investments eyes acquisition of potato firm

Produce Investments, which operates in the potato business, prompted a jump in its share price on Wednesday after confirming it had entered into a heads of terms agreement to acquire Jersey Royal Company. The AIM-listed group has agreed a period of exclusivity for a potential acquisition of Jersey

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27 Sep 2013 16:05

STOCKS NEWS EUROPE-UK small caps close down 0.7 pct

UK small caps drop 0.7 percent, mirroring weakness on the wider market, with the mid-caps and the blue chips suffering respective falls of 0.6 percent and 0.8 percent. Junior-listed AIM shares buck the weak trend, up 0.5 percent. Asian Citrus sheds 1.1 percent after cutting its dividend by

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27 Sep 2013 13:18

Produce Investments Profits Boosted By Price Increases; Ups Dividend By 50%

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22 Mar 2013 11:16

Produce Investments records loss as wet weather hits potato crops

Potato company Produce Investments on Friday reported a loss as wet weather in 2012 impacted crops and pushed up costs. The group posted an operating loss of £0.68m for the 26 weeks to December 29th, 2012, down from the prior year's profit of £4.76m. Chief Executive Angus Armstrong said high rai

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