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Thursday broker round-up UPDATE

Thu, 23rd May 2013 08:35

Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation.ARM Holdings: Exane downgrades to neutral with a target price of 1000p.Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target price from 2000p to 2300p, while staying with its hold recommendation.Avingtrans: Numis initiates with a target price of 145p and a buy recommendation.Booker: Panmure Gordon downgrades from buy to hold with a target price of 130p. Investec shifts target price from134p to 140p maintaining a buy recommendation.Britvic: Deutsche Bank ups target price from 460p to 520p and reiterates a hold recommendation.BTG: Panmure Gordon takes target price from 420p to 450p and upgrades from hold to buy.Cable & Wireless Communications: Deutsche Bank shifts target price from 53p to 57p and retains a buy rating.Capita: Credit Suisse takes target price from 1000p to 1150p retaining an outperform rating.Daily Mail & General Trust: Numis moves target price from 895p to 910p and stays with its buy recommendation. Investec places its target price (prev.: 780p) under review, while reiterating its buy recommendation. Canaccord Genuity takes target price from 670p to 721p and maintains a hold recommendation.Dairy Crest: Panmure Gordon increases target price from 430p to 500p and keeps a hold recommendation. Investec places its target price (prev.: 466p) under review, while retaining an add rating.Darty: Morgan Stanley shifts target price from 35p to 42p and keeps an underweight rating.Electrocompontents: Canaccord Genuity moves target price from 265p to 300p reiterating a buy recommendation.First Group: Espirito Santo upgrades to neutral with a target price of 170p. Deutsche Bank reduces target price from 175p to 154p, maintaining a hold recommendation.Great Portland Estates: Deutsche Bank lowers target price from 660p to 650p, while leaving its buy recommendation unchanged.Halfords Group: Investec moves target price from 385p to 375p, while leaving its buy recommendation unchanged.Imperial Tabacco: Nomura shifts target price from 2419p to 2416p keeping a reduce rating.Intermediate Capital Group: Deutsche Bank raises target price from 322p to 416p retaining a hold recommendation.Kingfisher: Nomura moves target price from 270p to 280p, while downgrading from neutral to reduce.Mothercare: Numis increases target price from 350p to 405p, while downgrading to add.New River Retail: Investec ups target price from 235p to 250p and retains a buy recommendation.Next Fifteen Communications: Westhouse Securities upgrades from add to buy with a target price of 114p.PayPoint: Canaccord Genuity raises target price from 881p to 999p upgrading to buy.Petropavlovsk: Canaccord Genuity reduces target price from 510p to 340p, while maintaining a buy recommendation.QinetiQ: Investec places its target price (prev.: 195p) under review and keeps a hold recommendation.Renew Holdings: WH Ireland shifts target price from 130p to 137.50p and retains a buy recommendation.Shaftesbury: Exane ups target price from 530p to 540p and stays with its underperform rating.St James's Place: Panmure Gordon raises target price from 600p to 725p and leaves its buy recommendation unaltered.Tate & Lyle: Deutsche Bank increases target price from 900p to 1050p and reiterates a buy recommendation.Thomas Cook Group: Nomura raises target price from 105p to 150p and upgrades from reduce to neutral.Youngs: Panmure Gordon ups target price from 804p to 955p maintaining a buy recommendation.
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1 Nov 2022 07:47

Shaftesbury H2 valuation falls on economic ouitlook

(Sharecast News) - West End real estate owner Shaftesbury said occupancy and footfall continued to rebound from the Covid pandemic, but warned that its portfolio valuation fell in the second half due to the worsening economic outlook.

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1 Nov 2022 07:41

Capital & Counties confident for Christmas after 'resilient' third quarter

(Sharecast News) - West End landlord Capital & Counties Properties said it remained well placed for the key Christmas trading period on Tuesday, despite the weakening economic outlook.

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26 Oct 2022 17:16

Capco, Shaftesbury tie-up now expected in first quarter of 2023

(Alliance News) - Capital & Counties Properties PLC's acquisition of Shaftesbury PLC's is to be sealed in the first quarter of next year, as a UK watchdog is yet to begin a probe on the deal.

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31 Aug 2022 09:54

LONDON BROKER RATINGS: Berenberg likes Workspace, less keen on peers

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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2 Aug 2022 09:48

Capital & Counties trims loss in first half as conditions improve

(Alliance News) - Capital & Counties Properties PLC said on Tuesday its interim loss shrank as trading conditions remained uninterrupted by coronavirus.

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18 Jul 2022 19:55

IN BRIEF: Shaftesbury engages over failed AGM resolutions

Shaftesbury PLC - London West End property investor - Updates on resolutions that failed to pass at its annual general meeting back in February. The resolutions concerned dis-application of pre-emption rights, and failed to achieve 75% of the vote. Engages with the shareholder concerned who maintains that following the capital raise in 2020, the authorities to be granted granted under the resolutions were "unlikely to be imminently required".

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8 Jul 2022 07:46

Capital & Counties Properties operations stay "positive" in first half

(Alliance News) - Capital & Counties Properties PLC has reported that its operational performance in the first half remained "positive" on the back of strong leasing demand and high occupancy levels.

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1 Jul 2022 09:53

LONDON BROKER RATINGS: Citi cuts abrdn and Jupiter Fund Management

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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1 Jul 2022 07:34

Berenberg lowers target price on CapCo and Shaftesbury

(Sharecast News) - Analysts at Berenberg lowered their target prices on both Capital & Counties and Shaftesbury on Friday as it took a fresh look at the UK real estate sector.

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24 Jun 2022 15:58

UK dividends calendar - next 7 days

Monday 27 June 
Henderson European Focus Trust PLCdividend payment date
Kingfisher PLCdividend payment date
Tuesday 28 June 
Civitas Social Housing PLCdividend payment date
Ferrexpo PLCdividend payment date
Wednesday 29 June 
Menhaden PLCdividend payment date
Victrex PLCdividend payment date
Thursday 30 June 
Alliance Trust PLCdividend payment date
Atlantis Japan Growth Fund Ltddividend payment date
Burberry Group PLCex-dividend date
Caledonia Investments PLCex-dividend date
Caledonia Investments PLCspecial ex-dividend date
Cardiff Property PLCdividend payment date
Chelverton UK Dividend Trust PLCex-dividend date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
F&C Investment Trust PLCex-dividend date
HICL Infrastructure PLCdividend payment date
iEnergizer Ltdex-dividend date
Imperial Brands PLCdividend payment date
IntegraFin Holdings PLCdividend payment date
IP Group PLCdividend payment date
Learning Technologies Group PLCex-dividend date
Liontrust Asset Management PLCex-dividend date
Lowland Investment Co PLCex-dividend date
NextEnergy Solar Fund Ltddividend payment date
Palace Capital PLCex-dividend date
Premier Foods PLCex-dividend date
Premier Miton Global Renewables Trust PLCex-dividend date
Record PLCex-dividend date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Serica Energy PLCex-dividend date
Smart Metering Systems PLCex-dividend date
Spectris PLCdividend payment date
Tate & Lyle PLCex-dividend date
Temple Bar Investment Trust PLCdividend payment date
Treatt PLCex-dividend date
Troy Income & Growth Trust PLCex-dividend date
Urban Logistics REIT PLCex-dividend date
Vertu Motors PLCex-dividend date
Warehouse REIT PLCdividend payment date
Watkin Jones PLCdividend payment date
Friday 1 July 
AJ Bell PLCdividend payment date
Aurora Investment Trust PLCdividend payment date
Bellway PLCdividend payment date
Grainger PLCdividend payment date
GSK PLCdividend payment date
Hilton Food Group PLCdividend payment date
Keller Group PLCdividend payment date
Marshalls PLCdividend payment date
Pacific Assets Trust PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
Securities Trust of Scotland PLCdividend payment date
Shaftesbury PLCdividend payment date
Titon Holdings PLCdividend payment date
Vertu Motors PLCdividend payment date
Whitbread PLCdividend payment date
  
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17 Jun 2022 09:17

Shaftesbury investor hits out at "expensive" Capco tie-up

(Alliance News) - A Shaftesbury PLC shareholders on Thursday hit out at the rationale and finances of the decision to merge with Capital & Counties Properties PLC.

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16 Jun 2022 12:16

LONDON MARKET MIDDAY: Bank of England hikes key interest rate to 1.25%

(Alliance News) - The pound remained lower against the dollar and equities also were down on the day at midday on Thursday, after the Bank of England decided to raise UK interest rates by a quarter of a percentage point.

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16 Jun 2022 11:11

London property merger to create $6 bln West End powerhouse

June 16 (Reuters) - Two of London's biggest property companies agreed to merge on Thursday to create a 5 billion pound ($6 billion) estate with sites in tourist hotspots including Covent Garden, Carnaby Street and Soho that are battling to recover from the pandemic.

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16 Jun 2022 08:58

TOP NEWS: Cap & Counties and Shaftesbury agree terms for merger

(Alliance News) - Capital & Counties Properties PLC and Shaftesbury PLC on Thursday said they have agreed the final terms of their all-share merger to create a central London-focused property investor with a combined portfolio value of GBP5.0 billion.

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