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Friday broker round-up UPDATE

Fri, 06th Jun 2014 09:38

African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review.ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. Deutsche Bank reduces target price from 5800p to 3600p and stays with its buy recommendation. Barclays reduces target price from 8000p to 5000p and keeps an overweight rating.Bellway: Citi moves target price from 1740p to 1750p and maintains a buy recommendation. Deutsche Bank ups target price from 1664p to 1674p and keeps a hold recommendation.Chemring Group: UBS lowers target price from 230p to 215p and maintains a neutral rating.Compass Group: Credit Suisse raises target price from 1045p to 1120p reiterating an outperform rating.DCC: Investec increases target price from 3100p to 3600p retaining a hold recommendation.EMIS: Westhouse Securities upgrades to buy with a target price of 900p. Panmure Gordon ups target price from 820p to 851p and retains a buy recommendation.Euromoney: Westhouse Securities upgrades to buy with a target price of 1390p.Fenner: Canaccord Genuity reduces target price from 500p to 400p and leaves its buy recommendation unaltered.Inmarsat: JP Morgan ups target price from 780p to 810p and reiterates an overweight rating.Johnson Matthey: JP Morgan cuts target price from 3900p to 3850p and stays with its overweight rating.KCOM Group: Espirito Santo moves target price from 100p to 110p upgrading to buy.Moneysupermarkets: WH Ireland initiates with a buy recommendation.Randgold Resources: Westhouse Securities initiates with a target price of 5000p and an add rating.Redhall Group: FinnCap places its hold recommendation under review.Synergy Health: Canaccord Genuity raises target price from 1047p to 1218p upgrading from sell to hold.Telecom Plus: Westhouse Securities upgrades to buy with a target price of 1950p.Thomas Cook Group: Berenberg initiates with a target price of 200p and a buy recommendation.Vodafone Group: Jefferies cuts target price from 240p to 210p and reiterates a hold recommendation.Wincanton: JP Morgan shifts target price from 131p to 132p and keeps a buy recommendation.Workspace Group: Jefferies increases target price from 588p to 706p and upgrades from hold to buy.
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7 Mar 2014 08:14

UK MORNING BRIEFING: Boohoo.com To Raise GBP300 Million In IPO

LONDON (Alliance News) - Fashion retailer boohoo.com Friday said it will raise GBP300 million in its initial public offering and have an initial market capitalisation of GBP560 million when it floats next week.

Dundee-based Alliance Trust has warned that the looming Scottish indepen

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7 Mar 2014 07:58

Redhall Group To Raise GBP7.5 Million In Placing To Improve Balance Sheet

LONDON (Alliance News) - Redhall Group PLC Friday said it intends to raise GBP7.5 million before expenses through a placing of 19.2 million shares at 39 pence each with new and existing institutional investors, money it will use to recapitalise its balance sheet and for general working capital.Read more

7 Mar 2014 07:38

Redhall proposes fundraising to recapitalise balance sheet

Redhall Group has announced plans to raise 7.5m pounds to recapitalise the engineering support service company's balance sheet. The firm will place more than 19m shares of 25p in capital at a price of 39p each, representing a 39.2% interest. Redhall said the recapitalisation of the balance sheet,

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6 Feb 2014 12:55

Redhall's Revenues Drop, Losses Widen As Vivergo Dispute Resolved

LONDON (Alliance News) - Shares in Redhall Group PLC fell Thursday, after the engineering support services group reported a drop in revenues and widened its losses for the financial year ended September 30, 2013, having booked settlement charges relating to its dispute with Vivergo Fuels Ltd.

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6 Feb 2014 08:32

UK MORNING BRIEFING: Vodafone Gains, AstraZeneca Falls At Open

LONDON (Alliance News) - Vodafone has delivered results in line with expectations Thursday morning, helping to give UK share a positive start. Vodafone is up 1.4%.

Meanwhile, AstraZeneca has opened down 2.1% after reporting lower revenue and profit

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6 Feb 2014 08:31

UK MORNING BRIEFING:

LONDON (Alliance News) - Vodafone has delivered results in line with expectations Thursday morning, helping to give UK share a positive start. Vodafone is up 1.4%.

Meanwhile, AstraZeneca has opened down 2.1% after reporting lower revenue and profit

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6 Feb 2014 06:15

UK Earnings, Trading Statements Calendar - Week Ahead

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5 Feb 2014 16:06

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5 Feb 2014 06:29

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4 Feb 2014 16:06

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4 Feb 2014 06:11

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31 Jan 2014 16:07

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31 Jan 2014 06:26

UK Earnings, Trading Statements Calendar - Week Ahead

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30 Jan 2014 16:13

UK Earnings, Trading Statements Calendar - Week Ahead

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