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LONDON BROKER RATINGS: Ocado raised; Jefferies likes Auto Trader

Wed, 02nd Feb 2022 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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FTSE 100

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UBS RAISES GLENCORE PRICE TARGET TO 420 (390) PENCE - 'BUY'

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UBS CUTS ANTOFAGASTA PRICE TARGET TO 1,350 (1,400) PENCE - 'NEUTRAL'

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UBS RAISES ANGLO AMERICAN PRICE TARGET TO 2,800 (2,600) PENCE - 'SELL'

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UBS RAISES RIO TINTO PRICE TARGET TO 4,200 (3,900) PENCE - 'SELL'

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UBS RAISES FLUTTER PRICE TARGET TO 16,350 (16,200) PENCE - 'BUY'

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JEFFERIES CUTS WHITBREAD PRICE TARGET TO 3,550 (3,600) PENCE - 'BUY'

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JEFFERIES RAISES RIGHTMOVE PRICE TARGET TO 445 (430) PENCE - 'UNDERPERFORM'

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DEUTSCHE BANK RAISES AVIVA PRICE TARGET TO 530 (500) PENCE - 'BUY'

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BARCLAYS CUTS AVIVA PRICE TARGET TO 468 (469) PENCE - 'OVERWEIGHT'

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BARCLAYS CUTS PHOENIX PRICE TARGET TO 804 (825) PENCE - 'OVERWEIGHT'

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BARCLAYS CUTS M&G PRICE TARGET TO 217 (220) PENCE - 'UNDERWEIGHT'

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BARCLAYS RAISES ADMIRAL GROUP TARGET TO 3,061 (3,059) PENCE - 'EQUAL WEIGHT'

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CREDIT SUISSE RAISES OCADO TO 'OUTPERFORM' ('UNDERPERFORM') TARGET 1,750 (1,500) PENCE

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JEFFERIES RAISES AUTO TRADER TO 'BUY' (HOLD) - PRICE TARGET 870 (650) PENCE

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JEFFERIES RAISES FERGUSON PRICE TARGET TO 15,708 (15,212) PENCE - 'BUY'

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FTSE 250

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BARCLAYS RAISES JUST GROUP PRICE TARGET TO 106 (105) PENCE - 'EQUAL WEIGHT'

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BARCLAYS RAISES VIRGIN MONEY PRICE TARGET TO 250 (240) PENCE - 'OVERWEIGHT'

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JPMORGAN RAISES CENTRICA PRICE TARGET TO 87 (83) PENCE - 'OVERWEIGHT'

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UBS CUTS HOCHSCHILD MINING PRICE TARGET TO 165 (181) PENCE - 'BUY'

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SMALL CAP

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BARCLAYS RAISES AG BARR PRICE TARGET TO 517 (500) PENCE - 'UNDERWEIGHT'

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UBS CUTS PURPLEBRICKS PRICE TARGET TO 20 (64) PENCE - 'NEUTRAL'

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UBS RAISES SOUTH32 PRICE TARGET TO 260 (240) PENCE - 'BUY'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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(Alliance News) - Stock prices in London were slightly lower on Thursday afternoon, after the Bank of England raised interest rates in the UK by 25 basis points, as expected.

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11 May 2023 09:18

Strike not planning to bid for Purplebricks, shares crash

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10 May 2023 18:00

Purplebricks grants Strike period of exclusivity as review continues

(Alliance News) - Purplebricks Group PLC on Wednesday granted Strike Ltd a short period of exclusivity in order to negotiate a possible sale of the business and assets of the company.

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LONDON MARKET CLOSE: Caution ahead of US inflation data, BoE decision

(Alliance News) - Stocks in London closed largely lower on Tuesday amid market nerves ahead of incoming US inflation data and the Bank of England's next interest rate decision.

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9 May 2023 11:47

Purplebricks expects decreased earnings, says sales talks are ongoing

(Alliance News) - Purplebricks Group PLC on Tuesday predicted drops in revenue and earnings in the year ahead, after property instruction levels failed to increase as expected, and reaffirmed its decision to explore a potential sale of the company and said negotiations continue.

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9 May 2023 10:30

AIM WINNERS & LOSERS: Capital Metals signs MoU; Echo Energy sells

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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LONDON MARKET OPEN: Stocks down; JD Sports buys in Europe

(Alliance News) - Stock prices in London opened lower on Tuesday after a long bank holiday weekend and new data showing that UK house prices slipped in April.

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9 May 2023 08:22

Purplebricks no longer likely to generate cash in FY24, shares tumble

(Sharecast News) - Purplebricks tanked on Tuesday after the estate agent said it no longer expects a return to cash generation in early FY24 and warned that any potential sale of the business would be expected to deliver returns to shareholders "materially below" the current share price.

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12 Apr 2023 17:42

Purplebricks extends deadline for Strike to make offer

(Alliance News) - Purplebricks Group PLC on Wednesday said it has extended the deadline for online estate agent Strike Ltd to make an offer for the company.

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12 Apr 2023 15:54

Purplebricks sale process 'ongoing', Strike offer deadline extended

(Sharecast News) - Real estate agency Purplebricks said on Wednesday that its formal sales process had progressed into "a more targeted phase of detailed diligence and discussions".

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17 Mar 2023 10:48

AIM WINNERS & LOSERS: Verditek shares surge on contract win

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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15 Mar 2023 12:12

Purplebricks in talks with Strike over participation in sale process

(Alliance News) - Purplebricks Group PLC confirmed on Wednesday talks with Strike Ltd regarding a potential offer in formal sales process.

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15 Mar 2023 12:03

LONDON MARKET MIDDAY: Credit Suisse leads bank shares deep into hole

(Alliance News) - Equity prices in Europe traded sharply lower in afternoon dealings on Wednesday as banking shares once again bore the brunt of a bruising stock market sell-off, with investor confidence in the sector depleting rapidly.

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15 Mar 2023 10:58

AIM WINNERS & LOSERS: M&A prospects lift Purplebricks and Reabold

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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15 Mar 2023 09:54

Purplebricks in talks with rival Strike over potential sale

(Sharecast News) - Purplebricks said on Wednesday that it has been in talks with rival Strike about possible participation in the formal sale process announced earlier this month.

Read more

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