Member Info for jange

Are you tempted to a flutter on jjb.........iam ........

spooky.......lol

Dont think i put swap down on my email the other night .....but im still in here....

I too am watching closely

WPP: Nomura reiterates buy rating and 1,030p target.

SSE: UBS upgrades from neutral to buy, target lifted from 1,340p to 1,515p.

Redrow: Northland Capital downgrades to hold.

Restaurant Group: Nomura keeps buy rating and 380p target.

Goldenport Holdings: Panmure Gordon downgrades to hold, target slashed from 115p to 50p.

GKN: Jefferies raises target from 220p to 275p, buy rating maintained.

ENRC: Nomura cuts target from 400p to 375p, reduce rating maintained.

EMIS Group: Merchant Securities raises target from 700p to 800p, buy rating kept; N+1 Brewin downgrades to hold, 680p target maintained; Numis downgrades to add, target lifted from 745p to 770p.

Chemring: UBS cuts target from 400p to 390p, buy rating kept.

Catlin: Morgan Stanley downgrades to equal weight, target cut from 495p to 462p.

Anglo American: Nomura cuts target from 2,200p to 2,100p, neutral rating kept.

BHP Billiton: Nomura cuts target from 2,100p to 2,000p, buy rating kept.

Admiral: Nomura raises target from 1,300p to 1,350p, buy rating kep

"IAG is firmly focused on restructuring both short/medium and long haul businesses and we expect ultimate success. However, this will take some time in a heavily unionised environment and it remains to be seen whether IB can break even before 2014 in our view, following a likely loss of over €300m in 2012 on our estimates," the broker said. In spite of strength at British Airways, Credit Suisse reckons that earnings momentum will remain soft in the short term.

Credit Suisse has reduced its target price for British Airways and Iberia owner International Consolidated Airlines Group, otherwise known as IAG, saying that consensus forecasts for 2013 look 'very vulnerable'. The market is currently expecting the airline to report a 2012 operating loss in line with company guidance. However, the broker said that after modelling unhedged jet fuel price exposure at $1,050/mt, its own estimate for underlying earnings before interest and tax (EBIT) in 2013 is reduced from €319m to a level less than half of Reuters consensus of €567m. "We reduce our target price from 160p to 140p as valuation support dissipates for the stock, and remain 'neutral', however we expect the stock to remain weak in the shor

While all diversified miners are exposed to bulk commodities, Nomura reckons that BHP will likely outperform its peers in the current market due to its "more diversified/defensive portfolio". As for the others, the broker said that: Rio Tinto may be the lowest cost iron ore producer but near-term earnings are leveraged and "not without risk"; higher costs/leverage assets leave Anglo American and ENRC as the least preferred stocks.