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Friday broker round-up UPDATE

Fri, 07th Nov 2014 09:44

AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation.AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation.Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutral rating.B&M European Value Retail: Citi initiates with a target price of 310p and a buy recommendation.Brammer: Investec cuts target price from 400p to 370p and retains a buy recommendation.Cobham: Charles Stanley upgrades to hold.Coca-Cola HBS: Societe Generale cuts target price from 1150p to 1100p and retains a sell recommendation. UBS reduces target price from 1450p to 1360p, keeping its neutral rating.Experian: Canaccord raises target price from 858p to 928p and upgrades from sell to hold.Filtronic: Panmure Gordon shifts target price from 20p to 23p and reiterates a hold recommendation.Gem Diamonds: JP Morgan moves target price from 270p to 280p and keeps its overweight rating. Westhouse lowers target price from 235p to 210p and stays with its buy recommendation.GlaxoSmithKline: Berenberg cuts target price from 1575p to 1540p and maintains a hold recommendation.HSBC Holdings: Numis cuts target price from 725p to 700p and retains an add rating.Infinis: Barclays initiates with a target price of 275p and an overweight rating.Informa: Investec places its target price (prev.: 500p) under review, retaining its hold recommendation.Inmarsat: Berenberg ups target price from 725p to 750p, retaining its hold recommendation.Lookers: Panmure Gordon moves target price from 166p to 175p and leaves its buy recommendation unchanged.Persimmon: Deutsche Bank moves target price from 1523p to 1533p and maintains a hold recommendation.Petrofac: Deutsche Bank reduces target price from 1300p to 1200p, staying with its buy recommendation.Playtech: JP Morgan reduces target price from 860p to 615p and downgrades to neutral.Poundland Group: Citi initiates with a target price of 350p and a buy recommendation.Promethean World: JP Morgan lowers target price from 33p to 24p, downgrading to underweight.Randgold Resources: Westhouse reduces target price from 5000p to 4450p and leaves its add rating unaltered.Royal Dutch Shell: Credit Suisse ups target price from 2625p to 2660p and maintains its outperform rating.RSA Insurance: Deutsche Bank lowers target price from 505p to 500p and keeps a hold recommendation. Canaccord downgrades from hold to sell with a target price of 440p. UBS cuts target price from 427p to 418p and keeps a sell recommendation.Schroders: Societe Generale reduces target price from 2620p to 2530p and stays with its hold recommendation. UBS raises target price from 2400p to 2800p and upgrades from neutral to buy.Shire Pharmaceuticals: Credit Suisse reduces target price from 5400p to 4200p and reiterates a neutral rating.SIG: Deutsche Bank cuts target price from 189p to 155p and retains a hold recommendation.Spirax-Sarco Engineering: Investec places its target price (prev.: 2810p) under review, maintaining an add rating.Sweett Group: N+1 Singer cuts target price from 45p to 34p and reiterates a buy recommendation.Tate & Lyle: Deutsche Bank reduces target price from 900p to 750p, keeping a buy recommendation.UBM: Citi reduces target price from 820p to 670p, while leaving its buy recommendation unchanged.William Hill: Morgan Stanley ups target price from 425p to 460p, staying with an overweight rating.3i Group: Citi ups target price from 430p to 455p and keeps a buy recommendation.
More News
7 Jan 2022 08:17

LONDON BRIEFING: Shell warns on cash outflows but continues buybacks

LONDON BRIEFING: Shell warns on cash outflows but continues buybacks

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7 Jan 2022 07:57

LONDON MARKET PRE-OPEN: Shell says buybacks to continue "at pace"

LONDON MARKET PRE-OPEN: Shell says buybacks to continue "at pace"

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7 Jan 2022 07:49

Shell to proceed with share buyback 'at pace' despite weaker oil performance

(Sharecast News) - Royal Dutch Shell said its $7bn share buyback programme would continue "at pace" despite weaker oil product sales due to the Omicron Covid variant and forex headwinds in Turkey.

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7 Jan 2022 07:27

UPDATE 3-Shell pursues $7 billion buyback 'at pace' despite LNG troubles

* LNG production hit by outages in Australia* Marketing earnings impacted by Omicron slowdown (Adds share price)By Ron BoussoLONDON, Jan 7 (Reuters) - Royal Dutch Shell said it will pursue "at pace" a $7 billion share buyback largely funded from t...

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7 Jan 2022 07:27

UPDATE 1-Shell to continue $7 bln buyback programme 'at pace'

(Adds detail)By Ron BoussoLONDON, Jan 7 (Reuters) - Royal Dutch Shell said on Friday its $7 billion share buyback programme, of which $1.5 billion has been completed, will continue "at pace" despite a slowdown in fuel demand due to the Omicron COV...

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7 Jan 2022 07:27

UPDATE 2-Shell pursues $7 billion buyback 'at pace' despite LNG troubles

* LNG production hit by outages in Australia* Marketing earnings impacted by Omicron slowdown (Adds details, graphics)By Ron BoussoLONDON, Jan 7 (Reuters) - Royal Dutch Shell said it will pursue its $7 billion share buyback programme after selling ...

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7 Jan 2022 07:10

Shell to continue $7 bln buyback programme 'at pace'

LONDON, Jan 7 (Reuters) - Royal Dutch Shell said on Friday its $7 billion share buyback programme, of which $1.5 billion has been completed, will continue "at pace" despite a slowdown in fuel demand due to the Omicron COVID-19 variant.(Reporting b...

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6 Jan 2022 23:48

U.S. court rejects laundromat owners' bid to block sale of Texas oil refinery to Mexico's Pemex

By Stefanie EschenbacherHOUSTON/MEXICO CITY, Jan 6 (Reuters) - A U.S. court on Thursday tossed out a request from two laundromat owners to block Mexican state oil company Petroleos Mexicanos (Pemex) from acquiring majority control of a Texas oil r...

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6 Jan 2022 12:16

UPDATE 2-Key Kazakh oil fields pump despite protests

(Updates with Shell, details, background)By Ron Bousso and Rowena EdwardsLONDON, Jan 6 (Reuters) - Oil production at Kazakhstan's top three fields is continuing even as some contractors gathered outside the largest Tengiz field in support of protes...

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6 Jan 2022 12:00

Shell-backed U.S. solar developer raises $775 million in equity

By Nichola GroomJan 6 (Reuters) - Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell, on Thursday said it raised $775 million in equity capital from new and existing investors.The announcement comes as renewable energ...

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5 Jan 2022 09:54

UPDATE 2-Commodity-linked stocks lift UK's FTSE 100 after dull start

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Ocado, LSEG, Ferguson gain as brokerages raise share ratings* Gains in oil majors offset risk-off sentiment* FTSE 100 up 0.2%, FTSE 250 of...

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4 Jan 2022 17:00

LONDON MARKET CLOSE: Stocks start 2022 in style as airlines fly higher

LONDON MARKET CLOSE: Stocks start 2022 in style as airlines fly higher

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4 Jan 2022 12:04

LONDON MARKET MIDDAY: Bright start to 2022 as travel stocks take off

LONDON MARKET MIDDAY: Bright start to 2022 as travel stocks take off

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3 Jan 2022 13:26

U.S. refiner HollyFrontier warns of lower than expected throughput

Jan 3 (Reuters) - U.S. oil refiner HollyFrontier Corp's fourth-quarter throughput will be lower than forecast, hit by weather and turnaround setbacks at refineries in Washington, New Mexico and Oklahoma, the company warned on Monday.Flooding in B...

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31 Dec 2021 13:08

LONDON MARKET CLOSE: Muted finish as FTSE 100 rallies 14% in 2021

LONDON MARKET CLOSE: Muted finish as FTSE 100 rallies 14% in 2021

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