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Thursday broker round-up UPDATE

Thu, 23rd Jan 2014 09:12

Afren: Investec ups target price from 170p to 200p and maintains a buy recommendation.AG Barr: Investec raises target price from 585p to 620p retaining an add rating. Canaccord Genuity ups target price from 630p to 650p and keeps a buy recommendation.Arbuthnot: Numis downgrades from add to hold with a target price of 1074p.ASOS: Goldman Sachs downgrades to neutral.Bovis Homes Group: Bank of America upgrades to buy.British Land: Liberum Capital shifts target price from 724p to 732p and retains a buy recommendation.Carphone Warehouse: UBS ups target price from 280p to 310p maintaining a buy recommendation.Cello Group: Sanlam Securities takes target price from 94p to 105p and reiterates its buy recommendation.Croda International: Barclays upgrades to equal-weight.Derwent London: Liberum Capital raises target price from 2676p to 2849p, while staying with its hold recommendation.easyJet: Investec increases target price from 1675p to 1750p, while downgrading from buy to hold.Great Portland Estates: Liberum Capital takes target price from 612p to 637p and retains a hold recommendation.Hammerson: Liberum Capital moves target price from 605p to 617p and reiterates a buy recommendation. Morgan Stanley upgrades to equal-weight.Henderson Group: Citi raises target price from 205p to 226p retaining its neutral rating.Henry Boot: WH Ireland ups target price from 260p to 290p and keeps a buy recommendation. Investec ups target price from 200p to 260p and maintains a buy recommendation.Intu Properties: Liberum Capital lowers target price from 319p to 313p maintaining its hold recommendation.Jupiter Fund Management: Societe Generale upgrades to buy with a target price of 450p.Land Securities: Liberum Capital moves target price from 1056p to 1068p retaining its hold recommendation.London Mining: JP Morgan cuts target price from 195p to 170p, while its overweight rating is kept.London Stock Exchange: Numis places its hold recommendation under review.Mitchells & Butlers: Numis Numis ups target price from 500p to 525p, but downgrades from buy to add.Marks & Spencer: Exane upgrades to outperform.National Grid: JP Morgan raises target price from 735p to 805p and leaves its neutral rating unaltered.Novae Group: Canaccord Genuity increases target price from 575p to 645p maintaining a buy recommendation.Paypoint: Canaccord Genuity takes target price from 1200p to 1326p keeping a buy recommendation.Pearson: Investec places both its target price (prev.: 1325p) and its add recommendation under review.Pennon Group: Credit Suisse takes target price from 610p to 630p and retains an underperform rating.Petra Diamonds: Investec places its target price (prev.: 151p) under review, while its buy recommendation is kept.PZ Cussons: Numis cuts target price from 388p to 376p and retains a hold recommendation.SAB Miller: Citi reduces target price from 3200p to 3100p downgrading to neutral.Segro: Liberum Capital ups target price from 346p to 364p, while leaving its hold recommendation unchanged.Severn Trent: Credit Suisse cuts target price from 1580p to 1540p downgrading to underperform.Shaftesbury: Liberum Capital increases target price from 636p to 649p and maintains a hold recommendation.Smith (WH): Citi raises target price from 1050p to 1180p and stays with its buy recommendation. JP Morgan takes target price from 1085p to 1115p and maintains an overweight rating.St James's Place: Numis downgrades from add to hold with a target price of 805p.Super Group: Investec increases target price from 1500p to 1800p leaving its buy recommendation unchanged.United Utilities: Credit Suisse ups target price from 660p to 680p keeping its neutral rating.
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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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