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Tuesday broker round-up UPDATE

Tue, 07th Oct 2014 09:45

African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation.Aggreko: Exane initiates with a target price of 1500p and an underperform rating.Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation.Antofagasta: Canaccord Genuity reduces target price from 835p to 790p maintaining a hold recommendation. Nomura cuts target price from 720p to 700p, while upgrading to neutral.Arrow Global: Numis raises target price from 287p to 326p upgrading to buy.AstraZeneca: Deutsche Bank raises target price from 4000p to 4100p and stays with its hold recommendation. Panmure Gordon raises target price from 4400p to 4700p upgrading from hold to buy.Avon Rubber: N+1 Singer ups target price from 720p to 750p and keeps its buy recommendation.BAE Systems: Cantor Fitzgerald downgrades to hold with a target price of 460p.BHP Billiton: Canaccord Genuity cuts target price from 2020p to 1950p and retains a hold recommendation.BTG: Deutsche Bank raises target price from 655p to 745p keeping a buy recommendation.Central Asia Metals: Canaccord Genuity ups target price from 190p to 210p keeping a buy recommendation.Cranswick: N+1 Singer reduces target price from 1291p to 1246p reiterating a hold recommendation.Dixons Carphone: UBS initiates with a target price of 415p and a buy recommendation.easyJet: JP Morgan reduces target price from 1909p to 1815p and keeps an overweight rating.GlaxoSmithKline: Deutsche Bank cuts target price from 1450p to 1420p staying with a hold recommendation.Gooch & Housego: Investec cuts target price from 740p to 720p downgrading to add.Hummingbird Reources: Northland lowers target price from 98p to 94.2p and reiterates a buy recommendation.Hunting: Liberum Capital cuts target price from 802p to 763p downgrading to sell.ITE Group: Westhouse Securities cuts target price from 216p to 193p, while upgrading from neutral to add.John Wood Group: Liberum Capital reduces target price from 736p to 610p downgrading to sell.Kazakhmys: Canaccord Genuity ups target price from 260p to 280p maintaining a hold recommendation.Management Consulting: Canaccord Genuity lowers target price from 28p to 22p downgrading from buy to a speculative buy recommendation. Peel Hunt lowers target price from 30p to 21p and downgrades from buy to hold.Metminco: Canaccord Genuity lowers target price from 10p to 70p and keeps its speculative buy recommendation.Next Fifteen Communications: Canaccord Genuity shifts target price from 145p to 151p retaining a buy recommendation. Investec sOrsu Metals: Canaccord Genuity lowers target price from 4p to 3p and stays with its speculative buy recommendation.Petroceltic: Westhouse Securities downgrades to neutral with a target price of 240p.Petrofac: Liberum Capital reduces target price from 1223p to 1112p and keeps a hold recommendation.Pure Wafer: WH Ireland cuts target price from 115p to 96p, while leaving its buy recommendation unchanged.Rio Tinto: Canaccord Genuity reduces target price from 4165p to 4080p staying with its buy recommendation.Robert Walters: Oriel upgrades from add to buy.Sinclair IS Pharma: N+1 Singer lowers target price from 40p to 36p maintaining a buy recommendation.Spirent: Investec cuts target price from 105p to 80p, while its hold recommendation is kept.
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3 Mar 2014 16:52

London close: Crisis in Ukraine ensures poor finish for stocks

- FTSE ends 101 points lower at 6,708 - Ukraine crisis hits markets across globe - Chinese data weighs heavy - UK, US, Eurozone PMI readings all rise techMARK 2,852.19 -1.81% FTSE 100 6,708.35 -1.49% FTSE 250 16,374.84 -2.10% It was a bad start to the week for UK stocks, which plunged on the back

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3 Mar 2014 15:11

FTSE 250 movers: ITE dives on double downgrade

ITE Group was the day's biggest faller on the FTSE 250 after both Canaccord Genuity and Westhouse Securities cut their ratings on the stock, to 'hold' from 'buy' and to 'neutral' from 'add', respectively. Engineering specialist Keller was also lower after cautioning that most of its European marke

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3 Mar 2014 13:06

Broker tips: GKN, ITE Group, Kazakhmys, Dunelm

UBS has downgraded its rating for aerospace, automotive and land systems engineer GKN from 'buy' to 'neutral' after cutting its forecasts due to foreign exchange headwinds. Following GKN's 2013 results released last week, UBS has cut its earnings per share forecasts for 2014 and 2015 by 10% and 13%

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3 Mar 2014 11:25

London midday: Stocks hit two-week low on Ukraine concerns

- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday

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3 Mar 2014 10:55

Canaccord downgrades ITE Group as Russia-Ukraine tensions escalate

Canaccord Genuity has downgraded its rating for exhibitions and conferences organiser ITE Group from 'buy' to 'hold', raising concerns about profit forecasts given the recent weakness of the rouble amid increasing tensions between Russia and Ukraine. Analyst Simon Davies said that the escalating ge

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3 Mar 2014 10:14

UK BROKER RATINGS: Citigroup Issues Mixed Ratings On Mining Sector

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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BERNSTEIN CUTS RSA INSURANCE PRICE TARGET TO 115 (130) PENCE - 'OUTPERFORM'
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CITIGROUP CUTS RSA INSURANCE P

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3 Mar 2014 08:21

Monday broker round-up UPDATE

African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame

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3 Mar 2014 08:14

London open: Stocks drop sharply as Ukraine tensions rise

- Ukrainian concerns escalate - US condemns Russian military move - Financials fall sharply - Precious metal miners track gold and silver prices higher techMARK 2,867.09 -1.30% FTSE 100 6,744.93 -0.95% FTSE 250 16,488.43 -1.42% UK stocks were sold off sharply on Monday morning on the back of the

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24 Feb 2014 16:02

Baronsmead Chairman reduces interest

The Chairman of Baronsmead VCT, Peter Lawrence, has had his interest in the venture capitalist trust reduced following sales made by two people connected to him. Michael Lawrence traded in 35,470 shares, while Louise Lawrence sold off 46,384 shares, generating a combined £58,526. The shares were s

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24 Feb 2014 11:09

DIRECTOR DEALINGS: ITE Finance Director Exercises Options, Sells Shares

LONDON (Alliance News) - ITE Group PLC Monday said Finance Director Neil Jones exercised options over 53,000 shares and then sold the shares at a price of GBP2.82 per share Friday. Following this transaction, Jones now holds 168,368 shares. Shares in the exhibitions organiser were dow

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11 Feb 2014 17:10

DIRECTOR DEALINGS: ITE Non-Executive Buys 5,000 Shares

LONDON (Alliance News) - ITE Group PLC Tuesday said non-executive Director Linda Jensen bought 5000 shares at a price of GBP2.65 per share. The purchase represents Jensen's only holding in the company. Shares in the events organizer closed up 1.6% at 273.20 pence Tuesday. By Arv

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10 Feb 2014 13:19

FTSE 250 movers: African Barrick Gold, Pace, RPS Group

African Barrick Gold was a top riser as the price of gold rose to a two-week high in the longest rally since August in New York. Pace gained after Barclays raised its price target on the digital set-top box developer from 320p to 450p and its rating from 'neutral' to 'overweight'. Energy stocks de

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10 Feb 2014 10:07

UK BROKER RATINGS: Goldman Sachs Initiates Vodafone With Buy Rating

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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GOLDMAN STARTS VODAFONE WITH 'BUY' - PRICE TARGET 275 PENCE
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MORGAN STANLEY RAISES ASTRAZENECA PRICE TARGET

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10 Feb 2014 06:41

UK Dividends Calendar - Week Ahead

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7 Feb 2014 16:22

UK Dividends Calendar - Week Ahead

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