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Thursday broker round-up UPDATE

Thu, 28th Nov 2013 08:23

Anglo American: Liberum Capital upgrades to hold with a target price of 1150p.Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation.Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation unaltered.BT Group: Nomura moves target price from 420p to 500p and retains a buy recommendation.Cairn Energy: JP Morgan takes target price from 340p to 365p upgrading from neutral to overweight.Compass Group: Citi shifts target price from 925p to 930p, while downgrading from buy to neutral. Deutsche Bank raises target price from 967p to 1025p and retains a buy recommendation.Cranswick: N+1 Singer ups target price from 1050p to 1153p keeping a hold recommendation.Daily Mail & General Trust: Citi raises target price from 880p to 1040p and reiterates a buy recommendation. Deutsche Bank increases target price from 590p to 630p, but still recommends selling.Debenhams: Jefferies starts with a target price of 95p and a hold recommendation.Enterprise Inns: Panmure Gordon lowers target price from 123p to 133p retaining a hold recommendation.Inmarsat: Alphavalue shaves target price from 705.5p to 700.7p downgrading from add to reduce.Kingfisher: Espirito Santo cuts target price from 360p to 310p downgrading to sell.Land Securities: Deutsche Bank moves target price from 750p to 770p, but still recommends selling.Marks & Spencer: Jefferies initiates with a target price of 530p and a hold recommendation.Marston's: Panmure Gordon takes target price from 135p to 150p, while leaving its hold recommendation unchanged.New Britain Palm Oil: Panmure Gordon cuts target price from 650p to 600p and stays with its buy recommendation.New River Retail: Liberum Capital ups target price from 280p to 300p keeping a buy recommendation.Next: Jefferies starts with a target price of 6300p and a buy recommendation.Paragon Group: Espirito Santo raises target price from 393p to 424p maintaining a buy recommendation.Phoenix IT: Panmure Gordon reduces target price from 167p to 141p and reiterates a hold recommendation.RPC Group: Panmure Gordon increases target price from 564p to 584p and upgrades from hold to buy.RPS Group: JP Morgan ups target price from 323p to 341p maintaining an overweight rating.Shaftesbury: Jefferies raises target price from 574p to 634p and keeps a hold recommendation.SIG: Panmure Gordon takes target price from 228p to 262p staying with its buy recommendation.Talk Talk Telecom: Credit Suisse moves target price from 275p to 300p and reiterates an outperform rating.Ted Baker: Jefferies takes target price from 2150p to 2300p and maintains a buy recommendation.WPP: UBS increases target price from 1300p to 1500p reiterating a buy recommendation.
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11 Mar 2024 07:22

Shaftesbury acquires Covent Garden freeholds for £75.1m

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29 Feb 2024 15:24

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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