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Wednesday broker round-up

Wed, 28th Aug 2013 08:09

African Barrick Gold: Nomura takes target price from 155p to 250p and reiterates its buy recommendation.Antofagasta: Deutsche Bank cuts target price from 1050p to 1035p and retains a hold recommendation. JP Morgan reduces target price from 1005p to 975p, while its neutral rating remains unchanged. UBS ups target price from 960p to 990p leaving its buy recommendation unaltered.Astra Zeneca: JP Morgan cuts target price from 3400p to 3300p, while staying with its neutral rating.Berendsen: UBS revises target price from 750p to 900p staying with its neutral rating.Big Yellow Group: Morgan Stanley increases target price from 395p to 445p maintaining an equal-weight rating.British Land: Morgan Stanley ups target price from 630p to 670p and reiterates an overweight rating.Bunzl: Berenberg takes target price from 910p to 1050p, but still recommends selling.Capital & Counties Properties: Morgan Stanley takes target price from 340p to 370p and retains an overweight rating.Chime Communications: Numis raises target price to 380p and keeps a buy recommendation.Derwent London: Morgan Stanley increases target price from 2450p to 2900p retaining an overweight rating.Great Portland Group: Morgan Stanley ups target price from 610p to 670p and stays with its overweight rating.Hammerson: Morgan Stanley moves target price from 530p to 540p and leaves its equal-weight rating unchanged.Intu Properties: Morgan Stanley lowers target price from 310p to 300p keeping an underweight rating.Land Securities: Morgan Stanley takes target price from 940p to 1020p reiterating an overweight rating.London Metric Property: Morgan Stanley shifts target price from 102p to 113p, while leaving its underweight rating unaltered.Monitise: Berenberg initiates with a target price of 70p and a buy recommendation.Pennon Group: JP Morgan moves target price from 670p to 745p upgrading to overweight.Perform Group: Citi increases target price from 430p to 550p reiterating a neutral rating.Severn Trent: JP Morgan ups target price from 1520p to 1680p, while staying with its neutral rating.Shaftesbury: Morgan Stanley raises target price from 590p to 680p, while downgrading to equal-weight.United Utilities: JP Morgan moves target price from 720p to 750p and keeps a neutral rating.UNITE Group: Morgan Stanley ups target price from 400p to 490p, while staying with its overweight rating.
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Shaftesbury Capital swings to net profit on strong leasing

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London close: Stocks fall as US inflation tops expectations

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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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