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UK BROKER RATINGS: Shore Capital Upgrades Carnival To Buy

Mon, 15th Sep 2014 08:31

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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TRADERS: SHORE CAPITAL RAISES CARNIVAL TO 'BUY' ('HOLD')
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BERNSTEIN CUTS PETROFAC PRICE TARGET TO 1,400 (1,500) PENCE - 'OUTPERFORM'
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DEUTSCHE BANK CUTS GLAXOSMITHKLINE PRICE TARGET TO 1450 (1500) PENCE - 'HOLD'
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JPMORGAN CUTS GLAXOSMITHKLINE PRICE TARGET TO 1350 (1370) PENCE - 'NEUTRAL'
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NUMIS RAISES FRESNILLO PRICE TARGET TO 1250 (1150) PENCE - 'BUY'
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FTSE 250
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BERENBERG CUTS ASHMORE GROUP PRICE TARGET TO 325 (335) PENCE - 'HOLD'
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CITIGROUP CUTS ASHMORE GROUP PRICE TARGET TO 350 (360) PENCE - 'NEUTRAL'
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BERENBERG RAISES NORTHGATE PRICE TARGET TO 660 (650) PENCE - 'BUY
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GOLDMAN RAISES HUNTING PRICE TARGET TO 910 (900) PENCE - 'NEUTRAL'
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BERNSTEIN INITIATES AMLIN WITH 'MARKET-PERFORM' - TARGET 415 PENCE
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BERNSTEIN INITIATES BEAZLEY GROUP WITH 'OUTPERFORM' - TARGET 305 PENCE
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BERNSTEIN INITIATES CATLIN GROUP WITH 'OUTPERFORM' - TARGET 625 PENCE
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BERNSTEIN INITIATES HISCOX WITH 'MARKET-PERFORM' - TARGET 690 PENCE
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TRADERS: SOCGEN CUTS AVEVA GROUP PRICE TARGET TO 2,250 (2,650) PENCE - 'BUY'
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LIBERUM CUTS AVEVA GROUP PRICE TARGET TO 1500 (2000) PENCE - 'HOLD'
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MAIN MARKET AND AIM
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GOLDMAN RAISES SPEEDY HIRE PRICE TARGET TO 68 (62) PENCE - 'NEUTRAL'
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TRADERS: INVESTEC CUTS HILTON FOOD PRICE TARGET TO 464 (501) PENCE - 'BUY'
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TRADERS: UBS CUTS STHREE PRICE TARGET TO 415 (440) PENCE
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LIBERUM RAISES PURECIRCLE PRICE TARGET TO 650 (600) PENCE - 'HOLD'
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SHORE CAPITAL RAISES GREGGS TO 'BUY' ('HOLD') - TARGET 536 PENCE
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CANACCORD RAISES VERNALIS PLC PRICE TARGET TO 56 (54) PENCE - 'BUY'
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CANACCORD RAISES TELIT COMMUNICATIONS PRICE TARGET TO 325 (305) PENCE - 'BUY'
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.

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TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy

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