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UK BROKER RATING CHANGES: Four Brokers Cut Pearson Price Target

Fri, 24th Jan 2014 10:06

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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KEPLER CHEUVREUX STARTS BP WITH 'BUY' - PRICE TARGET 545 PENCE
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KEPLER CHEUVREUX STARTS BG GROUP WITH 'HOLD' - PRICE TARGET 1300 PENCE
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BERENBERG CUTS GLAXOSMITHKLINE TO 'HOLD' ('BUY') - PRICE TARGET 1750 (1790) PENCE
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CREDIT SUISSE CUTS WILLIAM HILL PRICE TARGET TO 445 (465) PENCE - UNDERPERFORM
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NOMURA CUTS PEARSON PRICE TARGET TO 1050 (1140) PENCE - 'REDUCE'
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EXANE BNP CUTS PEARSON PRICE TARGET TO 1400 (1550) PENCE - 'OUTPERFORM'
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MORGAN STANLEY CUTS PEARSON PRICE TARGET TO 1150 (1225) PENCE - 'UNDERWEIGHT'
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GOLDMAN CUTS PEARSON PRICE TARGET TO 1380 (1450) PENCE - 'NEUTRAL'
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JPMORGAN RAISES TUI TRAVEL PRICE TARGET TO 480 (410) PENCE - 'OVERWEIGHT'
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JPMORGAN CUTS COMPASS GROUP TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 1060 (950) P
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ORIEL CUTS COMPASS GROUP TO 'HOLD' ('BUY')
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JPMORGAN RAISES INTERCONTINENTAL HOTELS PRICE TARGET TO 2030 (1800) PENCE - 'NEUTRAL'
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JPMORGAN RAISES LSE PRICE TARGET TO 1622 (1539) PENCE - 'UNDERWEIGHT'
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UBS RAISES LONDON STOCK EXCHANGE PRICE TARGET TO 1830 (1680) PENCE - 'NEUTRAL'
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JPMORGAN RAISES WHITBREAD PRICE TARGET TO 4500 (3950) PENCE - 'OVERWEIGHT'
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EXANE BNP RAISES ADMIRAL GROUP PRICE TARGET TO 932 (903) P - UNDERPERFORM
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MORGAN STANLEY CUTS ABERDEEN TO UNDERWEIGHT (EQUAL-WEIGHT) - TARGET 393 (492) P
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MORGAN STANLEY CUTS TULLOW OIL PRICE TARGET TO 1175 (1510) PENCE - 'OVERWEIGHT'
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FTSE 250
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BERENBERG INITIATES DOMINO PRINTING WITH 'HOLD' - TARGET 860 PENCE
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DEUTSCHE BANK RAISES ST JAMES'S PLACE PRICE TARGET TO 810 (755) PENCE - 'BUY'
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GOLDMAN RAISES ST JAMES'S PLACE PRICE TARGET TO 840 (810) PENCE - 'BUY'
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NOMURA RAISES ST JAMES'S PLACE PRICE TARGET TO 845 (759) PENCE - 'BUY'
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CREDIT SUISSE CUTS LADBROKES PRICE TARGET TO 160 (170) PENCE - 'UNDERPERFORM'
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GOLDMAN CUTS DAIRY CREST TO 'CONV. SELL LIST' ('SELL') - TARGET 351 (404) P
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GOLDMAN CUTS EVRAZ PRICE TARGET TO 90 (110) PENCE - 'SELL'
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GOLDMAN CUTS FERREXPO PRICE TARGET TO 190 (200) PENCE - 'NEUTRAL'
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GOLDMAN RAISES POLYMETAL PRICE TARGET TO 420 (330) PENCE - 'SELL'
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JPMORGAN RAISES THOMAS COOK PRICE TARGET TO 230 (200) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES BETFAIR PRICE TARGET TO 990 (975) PENCE - 'NEUTRAL'
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JPMORGAN RAISES GREENE KING PRICE TARGET TO 960 (880) PENCE - 'NEUTRAL'
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JPMORGAN RAISES HELLERMANNTYTON PRICE TARGET TO 360 (335) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES MARSTONS PRICE TARGET TO 180 (160) PENCE - 'NEUTRAL'
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JPMORGAN RAISES MITCHELLS & BUTLERS PRICE TARGET TO 460 (400) PENCE - 'NEUTRAL'
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JPMORGAN RAISES PLAYTECH PRICE TARGET TO 900 (825) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES RESTAURANT GROUP PRICE TARGET TO 750 (665) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES SERCO PRICE TARGET TO 575 (523) PENCE - 'OVERWEIGHT'
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EXANE BNP RAISES DIRECT LINE PRICE TARGET TO 231 (213) PENCE - 'UNDERPERFORM'
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EXANE BNP CUTS ESURE GROUP TO UNDERPERFORM (NEUTRAL) - TARGET 264 (254) PENCE
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EXANE BNP INITIATES DEVRO WITH 'OUTPERFORM' - TARGET 370 PENCE
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MORGAN STANLEY CUTS ASHMORE PRICE TARGET TO 365 (410) PENCE - 'EQUAL-WEIGHT'
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MORGAN STANLEY RAISES AFREN PRICE TARGET TO 220 (210) PENCE - 'OVERWEIGHT'
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MORGAN STANLEY CUTS CAIRN ENERGY PRICE TARGET TO 350 (375) PENCE - 'OVERWEIGHT'
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MORGAN STANLEY CUTS OPHIR ENERGY PRICE TARGET TO 380 (465) PENCE - 'OVERWEIGHT'
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MORGAN STANLEY CUTS PREMIER OIL PRICE TARGET TO 350 (450) PENCE - EQUAL-WEIGHT
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MORGAN STANLEY CUTS SALAMANDER PRICE TARGET TO 130 (165) PENCE - 'EQUAL-WEIGHT'
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MORGAN STANLEY RAISES SOCO PRICE TARGET TO 410 (390) PENCE - 'UNDERWEIGHT'
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PANMURE RAISES PETRA DIAMONDS PRICE TARGET TO 144 (130) PENCE - 'BUY'
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NUMIS RAISES PETRA DIAMONDS PRICE TARGET TO 170 (165) PENCE - 'BUY'
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LIBERUM RAISES WORKSPACE GROUP PRICE TARGET TO 632 (584) PENCE - 'BUY'
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CANACCORD RAISES CLOSE BROTHERS TO 'BUY' ('HOLD') - TARGET 1500 (1430) PENCE
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NUMIS INCREASES CLOSE BROTHERS PRICE TARGET TO 1110 (1023) PENCE - 'REDUCE'
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ALL-SHARE AND AIM
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BERENBERG INITIATES TT ELECTRONICS WITH 'BUY' - TARGET 247 PENCE
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MORGAN STANLEY RAISES GENEL PRICE TARGET TO 1070 (1000) PENCE - 'EQUAL-WEIGHT'
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MORGAN STANLEY RAISES XCITE PRICE TARGET TO 180 (160) PENCE - 'OVERWEIGHT'
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MORGAN STANLEY CUTS FAROE PRICE TARGET TO 120 (130) PENCE - 'UNDERWEIGHT'
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PANMURE RAISES GOLDENPORT PRICE TARGET TO 70 (60) PENCE - 'BUY'
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GOLDMAN CUTS PETROPAVLOVSK PRICE TARGET TO 63 (64) PENCE - 'SELL'
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GOLDMAN CUTS POLYUS GOLD PRICE TARGET TO 190 (207) PENCE - 'NEUTRAL'
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CANACCORD RAISES CHARLES STANLEY GROUP PRICE TARGET TO 500 (450) PENCE - 'HOLD'
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NUMIS RAISES BROOKS MACDONALD PRICE TARGET TO 1570 (1560) PENCE - 'HOLD'
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GOLDMAN RAISES NEW WORLD RESOURCES PRICE TARGET TO 45,80 (44,40) PENCE - 'SELL'
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Copyright 2014 Alliance News Limited. All Rights Reserved.

More News
6 May 2014 10:21

CORRECT: UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

(Correcting AstraZeneca made its statement on Tuesday.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
-------
Persimmon, up 3

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6 May 2014 10:19

UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
-------
FTSE 100 - WINNERS
-------
Persimmon, up 3.6%, and Barratt Developments, up 1.8%. The h

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6 May 2014 07:58

Xcite Energy Starts Collaboration Deal With Statoil And Shell

LONDON (Alliance News) - Xcite Energy Ltd Tuesday said it has started a collaboration agreement with Statoil Ltd and Shell UK Ltd, part of Royal Dutch Shell PLC, to share technical and operational information in order for potential joint operations at the Bentley and Bressay fields in UK North Se

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14 Apr 2014 09:31

Xcite Extends Equity Line Facility With Esousa

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has extended the term of its existing equity line facility agreement with Esousa Holdings LLC by three years until July 30, 2017 on the same terms and conditions. There is an undrawn facility amount of GBP30.8 million, which can be us

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9 Apr 2014 09:35

Xcite Energy Signs MOU For Bentley Oil Field

LONDON (Alliance News) - Xcite Energy Ltd Wednesday said its subsidiary Xcite Energy Resources Ltd has entered into a Memorandum of Understanding with AMEC Group Ltd and Ove Arup & Partners Ltd, which sets out the principles of co-operation for the design and development of Arup's self-installing

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7 Apr 2014 08:21

Xcite Energy upgrades facilities at Bentley field

North Sea-focused Xcite Energy has entered into a memorandum of understanding with Teekay Shipping Norway for the supply of a bridge linked Sevan floating storage and offloading (FSO) facility for the life of its flagship Bentley field. AIM-listed Xcite said that the bridge linked Sevan FSO offers

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7 Apr 2014 07:30

Xcite Energy Unit In Deal To Build Facility For North Sea Oil Field

LONDON (Alliance News) - Xcite Energy Ltd Monday said its Xcite Energy Resources Ltd subsidiary has signed a memorandum of understanding with Teekay Shipping Norway AS setting out principles of co-operation for the supply of a bridge linked Sevan floating storage and offloading facility for the l

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27 Mar 2014 13:48

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i

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27 Mar 2014 13:01

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.

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FTSE 100 - WINNERS

Old Mutual, up 0.5%. The group has agreed to sell Skandia Germany and S

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27 Mar 2014 12:19

Xcite Energy Swings To Profit, Improves Balance Sheet, But Shares Slide Further

LONDON (Alliance News) - Xcite Energy Ltd Thursday said it swung to a profit in 2013, stemmed its cash outflows, and will select its preferred partners for its undeveloped oil field in the North Sea this year. The company reported a net profit of GBP6.6 million for 2013, compared with a GBP

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26 Feb 2014 11:46

Xcite Energy Updates Reserves Data At The Bentley Field

LONDON (Alliance News) - Xcite Energy Ltd Wednesday updated its reserves data for its undeveloped Bentley Field in the UK North Sea following an independent study by AGR TRACS International Ltd. The oil appraisal and development company said its proven oil reserves based on a 35 year produc

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3 Feb 2014 10:58

Xcite Energy Promotes Andrew Fairclough to CFO Role

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has appointed Andrew Fairclough as its chief financial officer with immediate effect, meaning he will take over responsibility for financing strategy from former CFO and current Chief executive Rupert Cole. Fairclough, 44, joined the

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24 Jan 2014 08:35

Friday broker round-up UPDATE

Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera

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30 Dec 2013 14:17

Xcite Energy Secures Refinancing With USD80 Million In Unsecured Loan Notes

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