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Thursday broker round-up UPDATE

Thu, 08th May 2014 08:40

Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation.Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation.BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating.Bodycote: Berenberg initiates with a target price of 759p and a hold recommendation.Brit: UBS starts with a target price of 232p and a buy recommendation.British Polythene Industries: Investec upgrades from add to buy with a target price of 720p.Cineworld: Numis increases target price from 380p to 420p and keeps a buy recommendation.CSR: RBC Capital reduces target price from 730p to 560p, while maintaining a neutral rating.esure Group: Deutsche Bank lowers target price from 313p to 303p reiterating its buy recommendation.European Wealth Group: Daniel Stewart initiates with a target price of 140p and a buy recommendation.Experian: Jefferies reduces target price from 1340p to 1260p, while leaving its buy recommendation unchanged.Global Energy Development: Northland Capotal places its target price under review and keeps a buy recommendation.G4S: JP Morgan lowers target price from 288p to 272p reiterating an overweight rating.Hays: Panmure Gordon shifts target price from 151p to 155p and maintains a hold recommendation.HSBC Holdings: UBS cuts target price from 665p to 630p retaining its neutral rating.IMI: Investec places both its target price (prev.: 1640p) and its buy recommendation under review.Imperial Tabacco: Citi raises target price from 2425p to 2660p and stays with its neutral rating.Informa: JP Morgan reduces target price from 615p to 575p and maintains an overweight rating.ITV: JP Morgan ups target price from 213p to 229p and upgrades to overweight.Legal & General: Deutsche Bank shifts target price from 236p to 239p and maintains a buy recommendation.Morrison (Wm): JP Morgan cuts target price from 150p to 135p and retains an underweight rating.National Grid: Barclays ups target price from 850p to 875p reiterating an overweight rating.Petroceltic: Westhouse Securities lowers target price from 280p to 275p and stays with its buy recommendation.Promethean World: Investec lowers target price from 41p to 38p downgrading from add to hold.Rolls-Royce Group: JP Morgan reduces target price from 1350p to 1300p keeping an overweight rating.RPS Group: JP Morgan cuts target price from 351p to 300p downgrading to neutral.Sage Group: Panmure Gordon ups target price from 373p to 400p and keeps a hold recommendation.Steppe Cement: Westhouse Securities lowers target price from 54p to 50p retaining its buy recommendation.SuperGroup: Investec reduces target price from 1800p to 1600p, while its buy recommendation remains unchanged.Tesco: JP Morgan cuts target price from 250p to 235p maintaining an underweight rating.Thorntons: Investec shifts target price from 173p to 175p and keeps a buy recommendation.UBM: Investec cuts target price from 760p to 743p, wehile keeping a buy recommendation.Vitec Group: Investec reduces target price from 850p to 830p maintaining a buy recommendation.3i Group: Societe Generale ups target price from 415p to 460p and reiterates a buy recommendation.
More News
7 Mar 2011 12:18

British Polythene hit by rising material prices

Sales at British Polythene grew 12.5% last year but profits were affected by higher input costs. The company, which manufactures polythene products for various markets including agriculture and packaging, saw revenue grow to £478m, from £425m as the construction and industrial sectors rallied while

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22 Dec 2010 07:51

British Polythene faces rising costs

British Polythene Industries (BPI) expects full-year results to be within the range of current market expectations, but rising costs remain a problem. "Raw material costs and availability continue to be an issue and our suppliers are seeking further increases for January," the company said Wednesda

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15 Nov 2010 10:17

Small caps round-up: Roxi Petroleum, British Polythene Industries...

Shares in Roxi Petroleum fell back after the Kazakhstan-focused oil explorer reported 'disappointing' results from drilling at one of its wells. It said that 'good quality Jurassic sands were perforated at Well 806, but that 'after perforating the well did not flow naturally.' Chief executive Davi

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1 Sep 2010 06:42

Wednesday tips round-up: Vodafone, BPI, UTV Media...

Vodafone chief executive Vittorio Colao has taken about a billion of costs out of the group, which will generate free cashflow of £6.5bn over each of the next three years. Vodafone does not need the windfalls coming in from China or anywhere else; analysts are dreaming of share buybacks, but no gu

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29 Jun 2010 16:00

UK SMALLCAP ROUNDUP: E-Therapeutics Seeks Pharma Alliances

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps E-THERAPEUTICS PLC (ETX.LN), a U.K. drug developer, said Tuesday its focus this year and next will be on clinical trials of its experimental medicines an

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29 Jun 2010 12:30

UK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EMERSON ELECTRIC CO. (EMR), a U.S. power and industrial-automation company, Tuesday returned with a sweetened offer to buy CHLORIDE GROUP PLC (CHLD.LN) f

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29 Jun 2010 11:03

Small caps round-up: Northern Bear, Airsprung, Pursuit Dynamics...

Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago. "The board is pleased to announce that the new financial year has started well, with strong order books and a healthy

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29 Jun 2010 09:30

UK SMALLCAP ROUNDUP:Salamander Energy Abandons Dry Vietnam Well

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN) said it has plugged and abandoned the Tom Su Lua-1X exploration well offshore Vietnam after it turned out to be dry.

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29 Jun 2010 07:35

British Polythene Industries First Half Hit By Polymer Costs

LONDON (Dow Jones)--Polythene products company British Polythene Industries PLC (BPI.LN) Tuesday said first-half earnings will be lower than a year earlier due to a rise in raw material costs and weak demand for its silage products. The company said trading continues to be challenging. It said p

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22 Jun 2010 10:02

British Polythene Completes Sale Of Stockton On Tees For GBP6M

LONDON (Dow Jones)--British Polythene Industries PLC (BPI.LN) said Tuesday it completed the sale of its Stockton on Tees site for a cash consideration of GBP6M. MAIN FACTS: -The property had a book value of GBP2.35M and a gain on sale (after disposal costs) of around GBP3.5M will be included

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14 May 2010 16:29

Capital and Counties bosses lay foundations

Bosses at Capital and Counties Properties have been opening their accounts in the real estate firm following its demerger from the property giant Liberty International. Chairman Ian Durant bought 122,347 shares at 1,21.7p a share, paying a total of £148,884, while chief executive Ian Hawksworth, to

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13 May 2010 12:36

Small caps round-up: Boomerang , Galleon, Eruma,...

TV programme maker Boomerang has "reduced materially its expectations" for the year to May after a number of contracts started late. These contracts will now be recognised in the year ending 31 May 2011. In addition, benefits expected from the accelerated investment into programme development have

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30 Dec 2009 14:32

Beard increases Huntsworth stake

Non-executive director Eugene Beard has added to his holding in marketing communications firm Huntsworth Group. He invested £31,200 in 50,000 Huntsworth shares. This takes his stake to 625,000 shares. Beard invested nearly £24,000 in June, when he added 61,376 shares to his shareholding. Beard is

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16 Nov 2009 10:26

Small caps round-up: Solo Oil, British Polythene, Antrim Energy...

Solo Oil lost almost a quarter of its value after it announced plans to raise £6.4m and said it has signed a farm-out agreement with Aminex to earn a 12.5% interest in the Likonde-1 well in Tanzania. The group has placed a total of 1,280,000,000 new ordinary shares at a placing price of 0.5 pence e

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1 Jul 2009 12:00

British Polythene sees better profits

Heavy plastics maker British Polythene said profits will be comfortably ahead of its previous expectations despite absorbing £2m of restructuring costs. The group said this has been achieved despite lower overall volumes and a difficult trading environment due to stable input costs, a reduced cost

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