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UK BROKER RATINGS: Four Brokers Cut Tesco Price Target

Tue, 22nd Jul 2014 09:04

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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DEUTSCHE BANK CUTS TESCO PRICE TARGET TO 313 (342) PENCE - 'BUY'
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EXANE BNP CUTS TESCO PRICE TARGET TO 295 (305) PENCE - 'NEUTRAL'
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MACQUARIE CUTS TESCO PRICE TARGET TO 330 (350) PENCE - 'OUTPERFORM'
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BARCLAYS CUTS TESCO PRICE TARGET TO 300 (340) PENCE - 'EQUAL WEIGHT'
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BARCLAYS CUTS MORRISON PRICE TARGET TO 165 (180) PENCE - 'UNDERWEIGHT'
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CREDIT SUISSE CUTS MONDI PLC PRICE TARGET TO 1215 (1310) PENCE - 'OUTPERFORM'
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JPMORGAN RAISES REED ELSEVIER PRICE TARGET TO 1020 (915) PENCE - 'OVERWEIGHT'
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JPMORGAN CUTS PEARSON PRICE TARGET TO 1240 (1250) PENCE - 'NEUTRAL'
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JEFFERIES CUTS IMI PRICE TARGET TO 1655 (1740) PENCE - 'BUY'
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JEFFERIES RAISES WEIR GROUP PRICE TARGET TO 2680 (2335) PENCE - 'HOLD'
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FTSE 250
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JPMORGAN RAISES INFORMA PRICE TARGET TO 585 (575) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES UBM PRICE TARGET TO 775 (740) PENCE - 'NEUTRAL'
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JEFFERIES CUTS BODYCOTE PRICE TARGET TO 825 (895) PENCE - 'BUY'
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JEFFERIES CUTS ROTORK TO 'HOLD' ('BUY') - TARGET 2905 (3330) PENCE
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JEFFERIES CUTS SENIOR PLC PRICE TARGET TO 310 (340) PENCE - 'BUY'
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JEFFERIES CUTS SPECTRIS PRICE TARGET TO 2505 (2690) PENCE - 'BUY'
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JEFFERIES CUTS SPIRAX-SARCO PRICE TARGET TO 2850 (3285) PENCE - 'HOLD'
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CREDIT SUISSE RAISES SPIRAX-SARCO TO 'OUTPERFORM' (NEUTRAL) - TARGET 3030 PENCE
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NUMIS CUTS ENTERPRISE INNS PRICE TARGET TO 125 (140) PENCE - 'HOLD'

NUMIS CUTS PREMIER OIL TO 'HOLD' ('ADD') - TARGET 351 PENCE
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MAIN MARKET AND AIM
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CREDIT SUISSE CUTS SHANKS GROUP PRICE TARGET TO 115 (125) PENCE - 'OUTPERFORM'
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JEFFERIES INITIATES TSB GROUP WITH 'BUY' - TARGET 413 PENCE
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JEFFERIES CUTS BRAMMER PRICE TARGET TO 445 (495) PENCE - 'HOLD'
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WH Ireland Cuts Pittards Price Target To 180p From 220p, Keeps At Buy
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Copyright 2014 Alliance News Limited. All Rights Reserved.

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Advent International to buy Brammer for £221.5m

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

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

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29 Jun 2016 15:59

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

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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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LONDON MARKET MIDDAY: Political Stalling Creates Stability For Markets

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