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Tuesday broker round-up UPDATE

Tue, 22nd Jul 2014 09:37

Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review.Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation.Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.Avingtrans: FinnCap upgrades from hold to buy with a target price of 170p.Bodycote: Jefferies reduces target price from 895p to 825p and reiterates a buy recommendation.Brammer: Jefferies cuts target price from 495p to 445p and stays with its hold recommendation.Elementis: Canaccord Genuity lowers target price from 275p to 272p and downgrades from buy to hold.Faroe Petroleum: Oriel shits target price from 200p to 205p and stays with a buy recommendation.Hogg Robinson: Canaccord Genuity lowers target price from 110p to 100p and stays with its buy recommendation.IMI: Jefferies reduces target price from 1740p to 1655p and maintains a buy recommendation.Independend Oil & Gas: FinnCap initiates with a target price 59p and a buy recommendation.Mondi: Credit Suisse reduces target price from 1310p to 1215p and stays with an outperform rating.Morgan Advanced Materials: Jefferies cuts target price from 360p to 320p and downgrades from buy to hold.Petra Diamonds: Canaccord Genuity raises target price from 195p to 255p and reiterates a buy recommendation.Pets At Home Group: Oriel initiates with a target price of 165p and a reduce rating.Pittards: WH Ireland cuts target price from 220p to 180p and keeps a buy recommendation.Premier Foods: Investec places its target price (prev.: 67p) under review, while keeping a hold recommendation.Premier Oil: Numis downgrades from add to hold with a target price of 351p.Royal Main Group: Investec reduces target price from 560p to 490p and keeps a hold recommendation.Rotork: Jefferies reduces target price from 3333p to 2905p downgrading from buy to hold.Sainsbury: Nomura moves target price from 285p to 305p and retains a neutral rating.Senior: Jefferies cuts target price from 340p to 310p and keeps a buy recommendation.Seplat Petroleum: Morgan Stanley initiates with a target price of 300p and an equal-weight rating.Shanks Group: Credit Suisse lowers target price from 125p to 115p reiterating an outperform rating.Spectris: Jefferies reduces target price from 2690p to 2505p and maintains a buy recommendation.Spirax-Sarco Engineering: Jefferies reduces target price from 3285p to 2850p and reiterates a hold recommendation. Credit Suisse upgrades to outperform with a target price of 3030p.Spirent Communications: Jefferies cuts target price from 108p to 96p and keeps a hold recommendation.Tesco: Deutsche Bank cuts target price from 342p to 313p, while leaving its buy recommendation unchanged. Nomura shifts target price from 265p to 270p and maintains a neutral rating. Barclays cuts target price from 340p to 300p and reiterates an equal-weight rating.UBM: Panmure Gordon reduces target price from 940p to 590p and downgrades from buy to sell.Versarien: Westhouse Securities places both its target price (prev.: 35p) and its buy recommendation under review.Vodafone Group: Nomura lowers target price from 200p to 190p and keeps a neutral rating.Weir Group: Jefferies raises target price from 2335p to 2680p retaining a hold recommendation.
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BRUSSELS, Jan 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity investor Advent International Corp to acquire industrial parts maker Brammer (approved Jan. 20)

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23 Dec 2016 14:59

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23 Nov 2016 11:56

LONDON MARKET MIDDAY: Estate Agents Sold Ahead Of UK Autumn Statement

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23 Nov 2016 08:40

Advent International to buy Brammer for £221.5m

(ShareCast News) - Industrial supplies and services distributor Brammer has agreed to be bought by US private equity firm Advent International for 165p in cash per share, or around £221.5m. The price represents a premium of approximately 69.2% to Brammer's closing price on Tuesday. The company said

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19 Oct 2016 16:19

Brammer Executive Director Ashmore Steps Down, Replaced By Rogers

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7 Oct 2016 16:05

LONDON MARKET CLOSE: December US Rate Hike Still On Despite Jobs Miss

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7 Oct 2016 08:28

Brammer shares plummet as company 'lacks focus'

(ShareCast News) - Industrial supplies and services distributor Brammer issued an update on its trading and financial position on Friday, reporting group sales per working day at constant currency as down 2% in the third quarter. The London-listed firm said UK sales per working day were down 1% agai

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4 Aug 2016 14:56

Brammer scraps dividend as it swings to loss

(ShareCast News) - Brammer scrapped its dividend on Thursday as it said it swung to a loss in the first half. For the six months to the end of June, the company made a loss of £13.9m compared to a profit of £9.1m in the first half of 2015 despite a nudge up in sales to £372.3m from £365.6m. The gro

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6 Jul 2016 11:54

Brammer Chief Executive Of 18 Years To Step Down After Profit Warning

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1 Jul 2016 15:04

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29 Jun 2016 15:59

LONDON MARKET CLOSE: FTSE 100 Recoups All Post-Referendum Losses

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29 Jun 2016 12:22

Brammer hits 14-year low after warning on profit, dividend and covenants

(ShareCast News) - Industrial products distributor Brammer has warned it will be close to breaking its debt covenents and is reviewing whether to pay an interim dividend as profits for the year are likely to fall short of expectations. A significant slowdown in sales in May and June has not reversed

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29 Jun 2016 11:16

LONDON MARKET MIDDAY: Political Stalling Creates Stability For Markets

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29 Jun 2016 09:49

WINNERS & LOSERS SUMMARY: Investors Hammer Brammer For Profit Warning

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