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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
7 Oct 2016 14:35

UK retailer Sports Direct cuts outlook after latest sterling collapse

LONDON, Oct 7 (Reuters) - Struggling British retailer Sports Direct said the sharp fall in the value of the pound overnight could dent its full-year earnings forecast by 35 million pounds ($43.6 million) in the latest downgrade to its guidance. Shares in the firm were down 9 percent at 1421

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28 Sep 2016 08:11

MySale Swings To Profit As Sales Grow, Signs Deal With Sports Direct

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26 Sep 2016 07:37

LONDON MARKET OPEN: Stocks Down Amid Broker Changes, With Focus On Oil

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23 Sep 2016 07:43

UPDATE 2-Sports Direct founder Mike Ashley takes CEO role

* Dave Forsey resigns as CEO * Ashley owns 55 pct of company's shares * Stock rises 2.3 pct (Adds detail, background, analyst comment, shares) By James Davey LONDON, Sept 23 (Reuters) - Britain's Sports Direct, the retailer trying to mend its battered image, named its bi

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23 Sep 2016 07:36

Friday newspaper round-up: BoE, Brexit, Trade War

(ShareCast News) - Mark Carney has urged the government to take decisive action to lift the UK's moribund economy as he said that the central bank could do little to improve Britain's long-term prospects. Politicians need to make the running now by taking bold decisions on public spending and econom

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23 Sep 2016 07:33

LONDON MARKET OPEN: Indivior Hit By US Generic Competition Dispute

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23 Sep 2016 07:31

Sports Direct appoints Mike Ashley CEO

(ShareCast News) - Mike Ashley, the retailer's founder and majority shareholder, was appointed chief executive of Sports Direct on Friday. Ashley, who was previously executive deputy chairman and took no salary, will replace Dave Forsey, who resigned on Thursday amid scandal at the retailer for i

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23 Sep 2016 06:11

Sports Direct names controlling shareholder Mike Ashley as CEO

LONDON, Sept 23 (Reuters) - Britain's Sports Direct, the retailer trying to mend its battered image, named its billionaire founder and controlling shareholder Mike Ashley as chief executive after Dave Forsey resigned, it said on Friday. Sports Direct has recently launched a review respondin

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20 Sep 2016 10:19

UPDATE 1-Sports Direct to order independent review of working practices

(Adds shareholder comment, share price) LONDON, Sept 20 (Reuters) - British retailer Sports Direct said it will order an independent inquiry into its working practices and corporate governance, responding to demand from somes shareholders as it seeks to repair its battered image. The

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20 Sep 2016 07:40

Sports Direct to carry out independent review of working practices

(ShareCast News) - Sports Direct International has agreed to undertake an independent review of its working practices and corporate governance. The retailer had previously said that its regular legal adviser, RPC, would carry out another investigation. However, at the company's annual general meeti

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20 Sep 2016 06:28

REFILE-Sports Direct hands working practices probe to independent party

(Refiles to fix typo in first paragraph) LONDON, Sept 20 (Reuters) - British retailer Sports Direct said a review of its corporate governance and working practices would be carried out by a third party, bowing to investor concerns that the firm's own legal advisers were not appropriate for

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15 Sep 2016 14:11

Sector movers: Grocers and non-life insurers lead gains

(ShareCast News) - Grocers and non-life insurance paced advances, with Morrisons buoying the former after posting what analysts described as an "encouraging" set of interims. Wm Morrison saw like-for-like sales excluding fuel and VAT increase by 1.4% during the first six months of the year, driving

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15 Sep 2016 08:29

BROKER RATINGS SUMMARY: Liberum Downgrades Hargreaves Lansdown To Sell

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15 Sep 2016 07:15

LONDON BRIEFING: UK Retailers See No Brexit Effect; Informa Buys In US

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13 Sep 2016 10:59

UPDATE 2-JD Sports posts record profit thanks to sports fashion

* Shares up 5.0 pct at 14 pounds at 1043 GMT * Gains from Sports Direct "marginal", says CFO * Profit driven by strong sales in sports fashion (Adds CFO quotes, analyst comments, updates shares) By Rahul B Sept 13 (Reuters) - JD Sports reported a record first-half profit

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