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Monday broker round-up

Mon, 16th Dec 2019 13:18

(Sharecast News) - Tullow Oil: HSBC downgrades to reduce with a target price of 50p.

Balfour Beatty: UBS reiterates buy with a target price of 340p.

Glencore: UBS reiterates neutral with a target price of 250p.

SSE: HSBC reiterates buy with a target price of 1,510p.

Clinigen: Peel Hunt reiterates buy with a target price of 1,280p.

Sports Direct International: Liberum reiterates buy with a target price of 550p.

Breedon Group: Barclays reiterates equal weight with a target price of 78p.

Land Securities Group: RBC Capital Markets reiterates outperform with a target price of 1,100p.

Derwent London: RBC Capital Markets reiterates underperform with a target price of 2,900p.

Severn Trent: Barclays upgrades to overweight with a target price of 2,400p.

Whitbread: Barclays reiterates overweight with a target price of 5,200p.

St James Place: Deutsche Bank reiterates buy with a target price of 1,190p.

Admiral Group: Deutsche Bank reiterates hold with a target price of 2,100p.

Synthomer: Jefferies initiates at buy with a target price of 375p.
More News
8 Nov 2016 12:40

Reports Sports Direct tried to spy on lawmakers "extraordinary" - UK minister

LONDON, Nov 8 (Reuters) - Reports that British retailer Sports Direct attempted to spy on lawmakers who were making an unannounced visit to one of its warehouses are "extraordinary", business minister Greg Clark told parliament on Tuesday. "I find it extraordinary what was reported this mor

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8 Nov 2016 10:40

Sports Direct accused of botched spying attempt on UK lawmakers

By Estelle Shirbon LONDON, Nov 8 (Reuters) - Embattled British retailer Sports Direct was forced to defend itself on Tuesday after lawmakers complained of an attempt to spy on them during an unannounced visit to a warehouse that has been slated for poor working conditions. Anna Turley

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8 Nov 2016 09:05

Sports Direct denies spying on MPs

(ShareCast News) - Sports Direct said it did not authorise or have any knowledge of a device that was said to have been used to record the private conversations of MPs from the Business and Skills Committee during an unannounced visit to its Shirebrook warehouse on Monday. The group said it was "del

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7 Nov 2016 13:13

UK pensions body asks FTSE firms to detail staff turnover

LONDON, Nov 7 (Reuters) - Britain's pensions association has written to the chair of every FTSE 350 company, asking them to give investors more information about indicators such as staff turnover and numbers of full- and part-time employees, the trade body said on Monday. Fewer than half of

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31 Oct 2016 07:03

Monday newspaper round-up: Carney's future, BoE meeting, National Grid

(ShareCast News) - Mark Carney, governor of the Bank of England, is ready to serve a full eight-year term, facing down Brexiteer critics campaigning for him to resign ahead of time. Mr Carney has told friends that he is likely to make a statement on his future this week to put an end to damaging spe

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14 Oct 2016 15:38

INVESTMENT FOCUS-Investors pin hopes on autos and oil in bleak outlook for European earnings

* 2016 poised to see European earnings contract again * Europe Inc's earnings down in 4 of the past 5 years * Financials, Brexit worries weigh on profits * Oil, autos, EM-related companies relative bright spots * European EPS through the years: http://reut.rs/2553txN Read more

13 Oct 2016 07:27

UPDATE 1-Sports Direct CFO to follow CEO out the door

(Adds background, analyst comment, share price) LONDON, Oct 13 (Reuters) - Sports Direct said its acting chief financial officer was leaving to take a new job, the second management change in less than a month when the British retailer's profit is plunging and it is trying to mend its batte

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13 Oct 2016 06:52

TOP NEWS: Sports Direct's Acting Finance Chief To Leave Company

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13 Oct 2016 06:24

Sports Direct CFO to follow CEO out the door

LONDON, Oct 13 (Reuters) - Sports Direct said its chief financial officer had quit to take up a new job, the second management change in less than a month at the British retailer which is trying to mend its battered image. Sports Direct said CFO Matt Pearson would remain in an acting capaci

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12 Oct 2016 17:35

Broker tips: Sports Direct, Ashmore, Electrocomponents

(ShareCast News) - Sports Direct International was under the cosh on Wednesday as Cantor Fitzgerald cut its price target on the hold-rated stock to 260p from 320p after the company warned last week that full-year 2017 earnings would be hit by recent currency movements. "The news is obviously disappo

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12 Oct 2016 14:36

Sports Direct slumps as Cantor cuts target price

(ShareCast News) - Sports Direct International was under the cosh on Wednesday as Cantor Fitzgerald cut its price target on the hold-rated stock to 260p from 320p after the company warned last week that full-year 2017 earnings would be hit by recent currency movements. "The news is obviously disappo

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12 Oct 2016 08:27

BROKER RATINGS SUMMARY: Investec Starts Wolseley With Hold Rating

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7 Oct 2016 16:12

UPDATE 1-Sports Direct cuts profit forecast again after sterling plunge

* Second profit warning in a month * Says faces further 35 mln stg dent to full-year earnings * Shares fall up to 13 pct, down 54 pct this year (Adds detail, background) LONDON, Oct 7 (Reuters) - Struggling British retailer Sports Direct cut its profit forecast for the second

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7 Oct 2016 16:05

LONDON MARKET CLOSE: December US Rate Hike Still On Despite Jobs Miss

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7 Oct 2016 15:07

Sports Direct slides as it warns of currency hit to earnings

(ShareCast News) - Sports Direct International slid on Friday afternoon as the company warned that its full-year 2017 earnings would take a hit from recent currency movements after sterling tanked overnight. The group said guidance provided in its trading update in September of underlying earnings b

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