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Monday broker round-up UPDATE

Mon, 19th May 2014 07:55

Alent: Numis moves target price from 330p to 340p upgrading to add.AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation.Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation.Brown (N) Group: Jefferies cuts target price from 630p to 618p, while leaving its buy recommendation unchanged.Cello Group: N+1 Singer shifts target price from 122p to 126p and keeps a buy recommendation.Centaur Media: Westhouse Securities places both its target price (prev.: 77p) and its add recommendation under review.Darty: UBS lowers target price from 140p to 135p keeping a buy recommendation.Domino Printing Sciences: UBS upgrades from neutral to buy with a target price of 840p.Euromoney: N+1 Singer reduces target price from 1212p to 1190p retaining a hold recommendation.e2v technologies: Investec lowers target price from 225p to 215p, while leaving its buy recommendation unaltered.Grafton Group: Numis upgrades to buy with a target price of 750p.Hutchison China MediTech: UBS upgrades from neutral to buy with a target price of 1000p.InterContinental Hotels Group: Goldman Sachs raises target price from 2180p to 2410p and keeps its buy recommendation.Intertek Group: Goldman Sachs reduces target price from 3475p to 3325p maintaining a buy recommendation.ITE Group: Westhouse Securities moves target price from 206p to 216 and reiterates a neutral rating.Land Securities: Goldman Sachs cuts target price from 1158p to 1120p and downgrades to neutral.Morgan Advanced Materials: Jefferies lowers target price from 370p to 360p, while reiterating a buy recommendation.Petroceltic International: Westhouse Securities cuts target price from 275p to 250p retaining a buy recommendation.Phoenix IT Group: Westhouse Securities initiates with a target price of 128p and an add rating.Renishaw: UBS reduces target price from 1900p to 1700p, while its neutral rating is kept.Royal Bank of Scotland: Credit Suisse ups target price from 265p to 280p retaining an underperform rating.RSA Insurance: Berenberg ups target price from 463p to 491p and retains a hold recommendation.Shaftesbury: Liberum Capital moves target price from 665p to 680p maintaining a hold recommendation.Somero Enterprises: Canaccord Genuity takes target price from 124p to 134p and stays with its buy recommendation.StratMin Global Resources: Northland Capital initiates with a target price of 19.6p and a buy recommendation.WEIR Group: Liberum Capital starts with a target price of 2500p and a hold recommendation.Zotefoams: Investec raises target price from 185p to 300p, while leaving its add rating unchanged.
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Director dealings: Wife of Shaftesbury CEO makes share purchase

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29 Feb 2024 08:15

Shaftesbury Capital swings to net profit on strong leasing

(Sharecast News) - West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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18 Dec 2023 07:25

Shaftesbury Capital slims down board as three non-execs leave

(Sharecast News) - Shaftesbury Capital, the London-focused real estate group formed from the tie-up of Shaftesbury Plc and Capital & Counties, is saying goodbye to three board members as it works to slim down its organisational structure in the wake of March's merger.

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5 Dec 2023 10:28

Shaftesbury Capital agrees new £300m medium-term bank loan

(Sharecast News) - Shaftesbury Capital has entered into a £300m unsecured loan agreement, it announced on Tuesday, with an initial maturity period of three years.

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5 Dec 2023 10:28

Shaftesbury Capital agrees new £300m medium-term bank loan

(Sharecast News) - Shaftesbury Capital has entered into a £300m unsecured loan agreement, it announced on Tuesday, with an initial maturity period of three years.

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27 Nov 2023 16:12

London close: Stocks start week in subdued state

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

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27 Nov 2023 08:23

Shaftesbury hails strong start to Christmas trading

(Sharecast News) - West End landlord Shaftesbury Capital hailed a strong start to the Christmas trading period on Monday, with footfall "high" and sales tracking above the prior year.

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14 Aug 2023 07:14

London pre-open: Subdued start expected on quiet day for earnings, data

(Sharecast News) - The UK stock market was set for a subdued start on Monday morning, with investors likely to show caution on a light day for economic data and corporate earnings.

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14 Aug 2023 07:10

Shaftesbury agrees new £200m loan with Aviva Investors

(Sharecast News) - Property investor Shaftesbury Capital announced a significant financial development on Monday, in the form of a new loan agreement with Aviva Investors.

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10 Jul 2023 20:11

HSBC cuts UK real estate, sees outlook as "particularly precarious"

(Alliance News) - HSBC no longer has any 'buy' ratings in the UK real estate sector, and believes that the near-to-medium outlook is "particularly precarious."

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14 Jun 2023 08:55

Shaftesbury Capital upbeat on post-merger portfolio performance

(Sharecast News) - Shaftesbury Capital - the result of the merger between Capital & Counties Properties and Shaftesbury - reported strong demand across all sectors in a trading update on Wednesday, with 173 leasing transactions concluded, surpassing the estimated rental value (ERV) of £11.4m as at 31 December.

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6 Mar 2023 16:25

Shaftesbury Capital formed after Shaftesbury CapCo merger

(Alliance News) - Shaftesbury Capital PLC announced on Monday that the all-share merger of Capital & Counties Properties PLC and Shaftesbury PLC to form Shaftesbury Capital has been completed.

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