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BROKER RATINGS SUMMARY: RBC Ups Royal Mail, Goldman Cuts Sports Direct

Mon, 23rd May 2016 08:32

LONDON (Alliance News) - The following shares received analyst recommendations Monday morning and Friday:
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FTSE 100
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RBC RAISES ROYAL MAIL TO SECTOR PERFORM (UNDERPERFORM) - TP 525 (445) PENCE
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Cantor Ups Royal Mail Target To 550p From 530p, Keeps Buy
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JPMORGAN CUTS INTERCONTINENTAL HOTELS PT TO 2865 (3438) PENCE - 'UNDERWEIGHT'
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GOLDMAN CUTS INTERCONTINENTAL HOTELS PRICE TARGET TO 3440 (4128) PENCE - 'BUY'
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DEUTSCHE BANK CUTS BURBERRY GROUP PRICE TARGET TO 1250 (1350) PENCE - 'HOLD'
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UBS RAISES VODAFONE PRICE TARGET TO 290 (280) PENCE - 'BUY'
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UBS RAISES TAYLOR WIMPEY PRICE TARGET TO 218 (215) PENCE - 'BUY'
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GOLDMAN RAISES BRITISH LAND CO PRICE TARGET TO 910 (905) PENCE - 'NEUTRAL'
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GOLDMAN RAISES LAND SECURITIES PRICE TARGET TO 1410 (1355) PENCE - 'NEUTRAL'
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BARCLAYS RAISES 3i GROUP PRICE TARGET TO 610 (560) PENCE - 'OVERWEIGHT'
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GOLDMAN CUTS BAE SYSTEMS PRICE TARGET TO 605 (659) PENCE - 'BUY'
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DEUTSCHE BANK RAISES ARM HOLDINGS PRICE TARGET TO 1050 (1000) PENCE - 'HOLD'
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DEUTSCHE BANK RAISES RELX PRICE TARGET TO 1335 (1260) PENCE - 'BUY'
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DEUTSCHE BANK RAISES INFORMA PRICE TARGET TO 730 (680) PENCE - 'BUY'
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FTSE 250
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JPMORGAN CUTS SPECTRIS TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 1765 PENCE
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GOLDMAN CUTS SPORTS DIRECT TO 'NEUTRAL' ('BUY') - TARGET 400 (525) PENCE
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CREDIT SUISSE CUTS ICAP TO 'NEUTRAL' ('OUTPERFORM') - TARGET 450 (475) PENCE
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Numis Ups Close Brothers Target To 1,580p From 1,565p, Keeps Buy
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HSBC RAISES ROTORK PRICE TARGET TO 200 (180) PENCE - 'HOLD'
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HSBC RAISES WEIR GROUP TO 'BUY' ('HOLD') - TARGET 1450 (1150) PENCE
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UBS CUTS PARAGON GROUP PRICE TARGET TO 447 (513) PENCE - 'BUY'
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BARCLAYS CUTS THOMAS COOK PRICE TARGET TO 90 (110) PENCE - 'EQUAL WEIGHT'
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BARCLAYS CUTS ULTRA ELECTRONICS TARGET TO 1735 (1910) PENCE - 'EQUAL WEIGHT'
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BARCLAYS CUTS QINETIQ PRICE TARGET TO 245 (270) PENCE - 'EQUAL WEIGHT'
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GOLDMAN RAISES MEGGITT PRICE TARGET TO 406 (371) PENCE - 'NEUTRAL'
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GOLDMAN CUTS COBHAM PRICE TARGET TO 178 (325) PENCE - 'NEUTRAL'
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MAIN MARKET AND AIM
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TRADERS: PEEL HUNT INITIATES SECURE TRUST BANK WITH 'BUY' - TARGET 3800 PENCE
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BARCLAYS CUTS CHEMRING GROUP PRICE TARGET TO 120 (155) PENCE - 'UNDERWEIGHT'
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Numis Ups De La Rue To Add From Hold, Lifts Target To 563p From 518p
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DEUTSCHE BANK CUTS IMAGINATION TECHNOLOGIES TO 'SELL' ('HOLD')
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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Imagination Technologies boosted by Numis upgrade

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7 Dec 2016 09:33

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6 Dec 2016 08:17

Peter Hill to chair Imagination Technologies

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29 Sep 2016 11:56

Broker tips: Imagination Technologies, Babcock, Sainsbury's

(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt

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29 Sep 2016 10:31

Numis cuts rating on Imagination Technologies to 'add' from 'buy'

(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt

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29 Sep 2016 08:27

Imagination Technologies sells Pure digital radio business for £2.6m

(ShareCast News) - Imagination Technologies said trading in the first quarter continues to be in line with the board's expectations and announced an agreement to sell its Pure digital radio business to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt. The company said the deal also

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