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Monday broker round-up UPDATE

Mon, 02nd Sep 2013 08:57

Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation.Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation.BHP Billiton: WH Ireland downgrades to neutral.British Land: Exane ups target price from 590p to 610p and keeps a neutral rating.bwin.party: Morgan Stanley cuts target price from 180p to 140p and downgrades to equal-weight.Cape: UBS reduces target price from 260p to 240p leaving its neutral rating unaltered.Computacenter: UBS takes target price from 530p to 590p and stays with its buy recommendation.Darty: Alphavalue downgrades from reduce to sell and keeps its target price of 71.50p.Derwent London: Exane raises target price from 2360p to 2650p and upgrades to outperform.Domino's Pizza: Citi initiates with a target price of 675p and a buy recommendation.F&C Commercial Property: Liberum Capital takes target price from 109p to 120p and retains a buy recommendation.F&C UK Real Estate: Liberum Capital increases target price from 53p to 84p upgrading to buy.Fresnillo: UBS downgrades from buy to neutral with a target price of 1250p.Great Portland Group: Exane increases target price from 560p to 600p and upgrades to outperform.Hammerson: Exane lowers target price from 580p to 570p and keeps an outperform rating.Inmarsat: Morgan Stanley raises target price from 740p to 820p upgrading to overweight.Intu Properties: Exane revises target price from 310p to 300p and stays with its underperform rating.Land Securities: Exane increases target price from 930p to 1050p and upgrades to outperform.Legal & General Group: Goldman Sachs ups target price from 165p to 195p and stays with its neutral rating.Marshalls: Citi moves target price from 120p to 165p and reiterates a neutral.Moneysupermarket: Credit Suisse lowers target price from 226p to 213p, while keeping its outperform rating.Oxford Instruments: Numis downgrades to add with a target price of 1600p.Petropavlovsk: Citi shifts target price from 59p to 58p maintaining a sell recommendation. HSBC lowers target price from 52p to 46p and retains an underweight rating.Picton Property Income: Liberum Capital ups target price from 37p to 55p upgrading to buy.Prudential: Alphavalue upgrades from sell to reduce, while leaving its target price of 1006.60p unchanged.Resolution: Citi takes target price from 261p to 314p and retains a neutral rating.Restaurant Group: JP Morgan increases target price from 565p 620p and reiterates an overweight rating.Rio Tinto: Alphavalue downgrades from add to reduce with an unchanged target price of 2952.60p.Rotala: Numis downgrades to add with a target price of 54p.Schroder Real Estate IT: Liberum Capital moves target price from 36p to 47p and stays with its hold recommendation.Serco Group: Jefferies reduces target price from 750p to 675p, while its buy recommendation is kept. UBS cuts target price from 615p to 580p and maintains a neutral rating.Shaftesbury: Exane ups target price from 540p to 580p and reiterates an underperform rating.Standard Life Investment: Liberum Capital shifts target price from 60p to 66p, while downgrading to hold.UK Commercial Property Trust: Liberum Capital shifts target price from 68p to 69p downgrading to sell.Vedanta Resources: Liberum Capital upgrades to buy.Vodafone: Jefferies ups target price from 179p to 216p keeping its hold recommendation.WPP Group: Deutsche Bank raises target price from 1050p to 1500p and upgrades to buy. Credit Suisse increases target price from 950p to 1400p retaining an outperform rating.
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21 Jul 2014 09:01

F&C Commercial Property Trust Buys Liverpool Warehouse Leasehold

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21 Jul 2014 07:36

UK MORNING BRIEFING: Tesco Stands Out From Weak FTSE On CEO Change

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21 May 2014 07:31

UK MORNING BRIEFING: Shares Open Lower Amid Executive Changes

LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.

A few interesting executive changes have been announced before the London open Wednesday. Read more

19 May 2014 13:50

F&C Commercial Property Trust Portfolio Rises In Value

LONDON (Alliance News) - F&C Commercial Property Trust Ltd Monday said its portfolio increased in value over the three months to the end of March, representing a 3.2% increase after allowing for capital expenditure. The trust, which aims to provide shareholders with an attractive level of i

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29 Apr 2014 11:45

F&C Commercial Property Trust completes Kingswell acquisition

FTSE 250-listed F&C Commercial Property Trust has acquired two pre-let blocks at a business park in Aberdeen, providing exposure to 'one of the most buoyant office markets in the UK'. The transaction completed the trust's 2012 agreement to purchase four new pre-let headquarter office buildings at t

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29 Apr 2014 10:01

F&C Commercial Property Trust Completes Aberdeen Block Purchase

LONDON (Alliance News) - F&C Commercial Property Trust Limited said Tuesday it has now completed its forward commitment to purchase four new pre-let headquarter office buildings in Prime Four Business Park, Kingswells, Aberdeen. F&C said it completed the purchase of the remaining two blocks

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14 Apr 2014 15:41

FTSE 250 movers: Miners track metal prices higher

Mining groups Evraz, Lonmin and Polymetal International all tracked metal prices higher. Jardine Lloyd Thompson also climbed after Numis raised its target price to 1,190p, upgrading the stock from 'hold' to 'buy'. Ocado shares suffered significant declines, which Bloomberg was linking to the wid

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14 Apr 2014 11:40

UK MIDDAY BRIEFING: Aviva Sells Stake In South Korean Venture

LONDON (Alliance News) - Aviva has Monday agreed to sell its 47% stake in its South Korean joint venture Woori Aviva Life Insurance to NongHyup Financial Group, as it continues to contract in the region and focus on markets where it can make the best returns on capital.

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14 Apr 2014 07:38

F&C Commercial Property Profit Jumps On Revaluation Gains

LONDON (Alliance News) - F&C Commercial Property Trust Ltd Monday reported an increase in profit in 2013, after the previous year's results were affected by revaluation losses. FTSE 250-listed F&C posted pretax profit of GBP92.3 million, up from GBP30.4 million in 2012, after realising a GB

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20 Jan 2014 13:20

F&C Commercial Property Trust reveals double acquisition

F&C Commercial Property Trust said Monday that it had completed the acquisition of one property and conditionally exchanged contracts for the acquisition of another. However, investors were left unimpressed after the group said the completion of four pre-let office blocks in Aberdeen had been pushe

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20 Jan 2014 13:13

UK MIDDAY BRIEFING: Royal Dutch Shell In Australian Asset Sell-Off

LONDON (Alliance News) - Royal Dutch Shell Monday said it will sell its interests in the Australian Wheatstone gas projects in a USD1.14 billion deal, just a trading day after Friday's profit warning that caused its shares to tumble.

The stock is again near the bot

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20 Jan 2014 10:14

F&C Commercial Property In GBP10.75 Million Of New Property Deals

LONDON (Alliance News) - F&C Commercial Property Trust Ltd Monday said it has recently bought one property and conditionally exchanged contracts on another for GBP10.75 million in total. In a statement, the property investor said it has bought a retail warehouse in Solihull for GBP4.5 mill

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19 Nov 2013 17:46

F&C Commercial Property Trust Outperforms Benchmark

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24 Apr 2013 09:06

F&C Commercial boosted by London property sales

F&C Commercial Property Trust achieved a total return on net asset value (NAV) of 4.4 per cent for 2012 driven by strong performance of its London portfolio. The company made a 5.7% return on its portfolio of property investments for the year, compared with a total return of 2.8% from the Investmen

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