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Berenberg has downgraded its recommendation for telecoms giant Vodafone from 'buy' to 'hold', saying it sees limited upside for the stock. The broker has slashed its target price for the stock from 265p to 214p after it reduced its operating profit forecasts by around 5% on an organic basis. Howev
Read moreAccesso Technology Group: Numis initiates with a target price of 690p and a buy recommendation. Alternative Networks: Westhouse Securities upgrades from add to buy with a target price of 540p. Astra Zeneca: Deutsche Bank raises target price from 3800p to 3950p and keeps a hold recommendation. AVE
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LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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TRADERS: BERNSTEIN CUTS PRICE TARGET ASTRAZENECA TO 4400 (5000) PENCE
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DEUTSCHE BANK RAISES ASTRAZENECA
DUBAI, May 27 (Reuters) - Vodafone Qatar, an affiliate of Vodafone Group, reported a narrowing fourth-quarter loss on Tuesday as the telecom operator increased its customer base by more than a fifth. Vodafone, which ended Ooredoo's domestic monopoly in 2009, made a net loss of 32.7 million
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations since Friday afternoon:
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FTSE 100
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JPMORGAN ADDS ROYAL MAIL TO 'ANALYST FOCUS LIST' - OVERWEIGHT
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SOCGEN CUTS ASTRAZENECA TO 'SELL' ('
NEW DELHI, May 27 (Reuters) - The new Indian government's goal is to remove uncertainty and provide investors a stable fiscal and legal policy, Law Minister Ravi Shankar Prasad told reporters on Tuesday. Disputes between the Indian government and a slew of multinational companies including
Read moreBRUSSELS, May 26 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Swiss agricultural trader Ecom Agroindustrial to acquire Armajaro Holdings' commodity trading arm (approved May 23)Read more
BRUSSELS, May 26 (Reuters) - European Union antitrust regulators will decide by July 2 whether to approve British telecoms group Vodafone's 7.2-billion-euro ($9.81 billion) bid for Spanish cable operator Ono, the European Commission said on Monday. Vodafone unveiled the proposed takeover in
Read moreUnited Utilities faces regulatory wrangling and rising interest rates, making its shares no better than a hold, the Sunday Telegraph's Questor column said. The water company has reported rising profits, strong cash flows and dividend increases linked to inflation. But in future it is up against a re
Read moreAdmiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreLONDON (Alliance News) - Vodafone Group PLC Thursday said Non-Executive Director Luc Vandevelde bought 10,220 shares at a GBP2.048 each. Shares in the mobile communications company were trading flat at 204.60 pence Thursday. By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBh
Read more(Repeat for additional subscribers) May 22 (Reuters) - (The following statement was released by the rating agency) AT&T's agreement to buy DirecTV is the latest in a wave of deals that highlight the growing appetite for content and pay-TV acquisitions among telecom operators, Fitch Ra
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Petrofac, up 1.8%, and AstraZeneca, up 1.6%. The companies
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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CITIGROUP RAISES RSA INSURANCE PRICE TARGET TO 501 (480) PENCE - 'NEUTRAL'
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BERENBERG CUTS BABCOCK INTER
- Petrofac leads gains after Barclays upgrade - Dollar/yen trading below 101 - Russian troops have yet to pull back, negotiations ongoing in Ukraine techMARK 2,710.51 +0.15% FTSE 100 6,801.35 -0.01% FTSE 250 15,467.06 +0.17% Stocks were trading slightly lower little over an hour after the start of
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