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Pin to quick picksPunch Taverns PLC Share News (PUB)

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Friday broker round-up - UPDATE

Fri, 16th Dec 2011 08:56
Shanks Group: Goldman Sachs downgrades to neutral from buy.Man Group: Deutsche Bank downgrades to sell from buy.BSkyB: Bank of America-Merrill Lynch downgrades to neutral from buy, cuts target to 770p from 800p. Carnival: HSBC upgrades to overweight from neutral.BP: Evolution Securities reiterates buy and 510p target.Kazakhmys: Evolution Securities keeps add rating and 1,260p target.Drax: Nomura reiterates reduce rating and 485p target; Credit Suisse raises target from 350p to 440p, keeps underperform rating.Tate & Lyle: Investec keeps sell rating and 610p target.Premier Foods: Investec keeps buy rating and 15p target.Punch Taverns: Charles Stanley keeps hold rating.Zanaga Iron Ore: Investec maintains buy and 141p target.

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Punch Taverns PLC News

Johnson warned Covid-19 plan could end pub industry 'in days'
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Johnson warned Covid-19 plan could end pub industry 'in days'

(Sharecast News) - The UK's pub industry warned it faced an existential crisis and could be lost in "days" after the government advised people to avoi...

Heineken closes in on Punch Taverns pub acquisition
6 Feb 2017

Heineken closes in on Punch Taverns pub acquisition

BRUSSELS, Feb 6 (Reuters) - Heineken NV is closing in on its acquisition of some 1,900 pubs in Britain after an investment vehicle linked to the Dutch...

UPDATE 1-Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover
1 Feb 2017

UPDATE 1-Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover

(Adds share activity) LONDON, Feb 1 (Reuters) - Emerald Investment Partners said it has decided not to make a takeover offer for Punch Taverns , leavi...

Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover
1 Feb 2017

Emerald abandons Punch bid, leaving Heineken unrivaled in pubs takeover

LONDON, Feb 1 (Reuters) - Emerald Investment Partners said on Wednesday it is not planning to make a takeover offer for Punch Taverns, reversing cours...

Canaccord Genuity hikes target on Punch Taverns
16 Dec 2016

Canaccord Genuity hikes target on Punch Taverns

(ShareCast News) - Analysts at Canaccord Genuity hiked their target price for shares of Punch Taverns following the company's acceptance of the 180p p...

UPDATE 2-Heineken and Patron agree to buy, break up UK's Punch Taverns
15 Dec 2016

UPDATE 2-Heineken and Patron agree to buy, break up UK's Punch Taverns

* To pay 180 pence a share, 40 pct above Tuesday's close * Punch has received a higher rival proposal, but no bid * Punch shares jump to 2-year high o...

Punch Taverns agrees to takeover from Heineken and partner
15 Dec 2016

Punch Taverns agrees to takeover from Heineken and partner

Dec 15 (Reuters) - British pub operator Punch Taverns Plc has agreed to a takeover offer from Dutch brewer Heineken NV and investment partner Patron ...

CORRECTED-UPDATE 3-Heineken in bid battle for Punch Taverns
14 Dec 2016

CORRECTED-UPDATE 3-Heineken in bid battle for Punch Taverns

(Corrects to show Heineken splitting portfolio with investment partner Patron; paragraphs 1, 10, 11) * Heineken, Patron vs Alan McIntosh in $400 mln t...