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Friday broker round-up UPDATE

Fri, 04th Oct 2013 09:32

Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating.Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation.API Group: Numis downgrades to add with a target price of 85p.Arbuthnot Banking Group: Numis ups target price from 1032p to 1070p upgrading to add.Barclays: Investec upgrades to buy with a target price of 300p.Barratt Development: Panmure Gordon moves target price from 340p to 352p and keeps a buy recommendation.Bellzone Mining: Canaccord Genuity shifts target price from 4.20p to 5p and leaves its hold recommendation unaltered.BG Group: Credit Suisse cuts target price from 1190p to 1170p and reiterates an underperform rating.Centrica: Investec reduces target price from 400p to 375p downgrading to add.Diageo: Numis initiates with a target price of 2200p and an add rating.Direct Line: Canaccord Genuity cuts target price from 260p to 240p, while its buy recommendation is kept.Esure Group: Canaccord Genuity reduces target price from 270p to 250p staying with its buy recommendation.Faroe Petroleum: Westhouse Securities upgrades to buy with a target price of 175p.F&C Asset Management: JP Morgan shifts target price from 113p to 118p and maintains a neutral rating.First Group: JP Morgan moves target price from 145p to 150p retaining an overweight rating.Gemfields: JP Morgan shifts target price from 23p to 24p and leaves its underweight rating unchanged.Henderson Group: JP Morgan raises target price from 174p to 198p and reiterates a neutral rating.Home Retail Group: Nomura moves target price from 200p to 215p and retains a buy recommendation.Jupiter Fund Management: JP Morgan shifts target price from 374p to 377p and stays with its overweight rating.Kofax: Panmure Gordon ups target price from 385p to 391p upgrading from hold to buy.Man Group: JP Morgan lowers target price from 108p to 100p and keeps a neutral rating.Moneysupermarket: Westhouse Securities upgrades to buy with a target price of 195p.office2office: Panmure Gordon ceases its coverage and removes all forecasts.Paragon Group of Companies: JP Morgan increases target price from 361p to 396p keeping its overweight rating.Record: JP Morgan shifts target price from 43p to 40p, while its overweight rating remains unaltered.Schroders: JP Morgan takes target price from 2543p to 2624p and maintains an overweight rating.SSE: Investec reduces target price from 1520p to 1475p, while upgrading to add.Standard Life: JP Morgan ups target price from 419p to 430p retaining its overweight rating.Tate & Lyle: Jefferies cuts target price from 980p to 900p, while keeping its buy recommendation.Tesco: Credit Suisse lowers target price from 430p to 420p and maintains an outperform rating.Tricorn Group: Westhouse Securities moves target price from 44p to 50p stays with its buy recommendation.William Hill: Canaccord Genuity lowers target price from 438p to 425p retaining a hold recommendation.Wolseley: JP Morgan raises target price from 3350p to 3550p and reiterates an overweight rating.
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10 Jun 2010 12:56

Small caps round-up: African Diamond, Tricorn, Int'l Brand ...

Botswana focused African Diamonds says approval for the final AK6 feasibility studies is expected at the end of June and the mine remains on target to come on stream during the third quarter of 2011. The company is ramping up exploration on its 100% owned Botswana exploration licences, wit the focu

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10 Jun 2010 08:12

Tricorn Group FY Pretax Profit GBP0.2M On Revenue GBP15.0M

LONDON (Dow Jones)--Tricorn Group PLC (TCN.LN), a tube manipulation specialist, said Thursday that for the year ended March 31, it made a pretax profit of GBP0.2 million on revenue of GBP15.0 million. MAIN FACTS: -Revenue GBP15.0 million (2009: GBP22.2 million) -Pre-items operating profi

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8 Apr 2010 08:50

Small caps round-up: Strategic Thought, Tricorn, Oxford Instruments ...

Shares in provider Strategic Thought, which provides risk management software to large organisations such as the miner Rio Tinto and the London Underground, fell after it said results will fall short of expectations as a result of slippage in two major contracts. It expects revenues for the year to

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7 Oct 2009 09:10

Tricorn H1 revenue falls 40%

AIM listed tube manipulation specialist Tricorn said first half EBITDA has been in line with market expectations although revenue plunged 40%. "Market conditions have been extremely challenging through the first half and sales are expected to be around 40% down on the previous year. Despite this, t

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16 Jun 2009 07:50

Tricorn adjusted FY profit down 12%

Pipe solutions maker Tricorn said adjusted pre-tax profit for the year fell 12.7% after a sharp decline in trading conditions in the latter part of the year. Adjusted profit before tax fell to £1.2m in the year ended 31 March from £1.4m the year before. Sales revenue increased to £22.2m from £20.8m

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