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Tuesday broker round-up UPDATE

Tue, 21st May 2013 07:12

Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged.Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation.Big Yellow Group: Investec increases target price from 370p to 430p and reiterates a hold recommendation.BTG: JP Morgan shifts target price from 480p to 475p, while staying with its overweight rating.Burberry: Investec places its target price (prev.: 1330p) under review, while maintaining a hold recommendation.bwin.party: Canaccord Genuity moves target price from 122p to 155p and reiterates a hold recommendation. Investec raises target price from 140p to 180p upgrading from hold to buy.Capita: Goldman Sachs ups target price from 1140p to 1175p and retains a buy recommendation.Carnival: Investec reduces target price from 2800p to 2550p, while its buy recommendation is reiterated.Chesnara: Canaccord Genuity increases target price from 260p to 290p and maintains a buy recommendation.Cranswick: N+1 Singer raises target price from 1061p to 1200p keeping a buy recommendation.easyJet: UBS takes target price from 1175p to 1380p, retaining a buy recommendation.Entertainment One: Investec places its target price (oprev.: 225p) under review, while its buy recommendation is kept.Experian: Credit Suisse increases target price from 1230p to 1390p and maintains an outperform rating.First Group: Panmure Gordon cuts target price from 200p to 170p maintaining a hold recommendation.First Quantum Minerals: Morgan Stanley ups target price from 1270p to 1300p and reiterates an overweight rating.Fusionex International: Panmure Gordon shifts target price from 336p to 344p and stays with its buy recommendation.Great Portland: UBS takes target price from 495p to 620p, while its neutral rating is maintained.Greencore Group: Numis downgrades to hold with its target price at 120p.G4S: HSBC Holdings cuts target price from 280p to 210p leaving its underweight rating unaltered. Credit Suisse reduces target price from 350p to 290p and maintains an outperform rating.Homeserve: Panmure Gordon takes target price from 145p to 225p and upgrades from sell to hold.Huntsworth: Panmure Gordon mmoves target price from 70p to 82p retaining its buy rating.Imperial Tabacco: Berenberg cuts target price from 2800p to 2500p, while its hold recommendation is kept.Informa: Deutsche Bank lowers target price from 620p to 610p and downgrades from buy to hold.ITE Group: Westhouse Securities moves target price from 274p to 285p keeping a buy recommendation. Investec ups target price from 315p to 325p and retains a buy rating.Marks & Spencer: Investec places its target price (prev.: 275p) under review, while keeping a sell recommendation.Mondi: Goldman Sachs shifts target price from 905p to 915p, while its neutral rating remains unchanged.National Grid: Exane downgrades to neutral with a target price of 780p.Ophir Energy: Exane upgrades to outperform with a target price of 570p.Paragon: Canaccord Genuity raises target price from 350p to 390p and stays with a buy recommendation.Petropavlovsk: Westhouse Securities lowers target price from 285p to 275p keeping a buy recommendation.Publishing Technology: WH Ireland initiates with a target price of 320p and a buy recommendation.Reed Elsevier: Deutsche Bank moves target price from 790p to 820p retaining its buy recommendation.Renew Holdings: Numis downgrades to add with a target price of 118p. Panmure Gordon increases target price from 100p to 115p keeping a buy recommendation.Sage Group: Sanlam Securities downgrades to sell with a target price of 330p.Segro: UBS ups target price from 275p to 325p leaving its buy recommendation unchanged.Smith & Nephew: Numis takes target price from 800p to 870p, while its add rating is left unchanged.Thomas Cook: Investec ups target price from 120p to 185p and maintains its buy recommendation.UNITE Group: JP Morgan increases target price from 330p to 425p and stays with its overweight rating.Utilitywise: Westhouse Securities initiates with a target price of 141p and a buy recommendation.Vertu Motors: Panmure Gordon ups target price from 55p to 63p and reiterates uts buy recommendation.Vesuvius: Morgan Stanley reduces target price from 380p to 369p, while leaving its equal-weight rating unchanged.3i Group: Investec increases target price from 278p to 347p and keeps a hold recommendation.
More News
19 May 2014 08:40

UPDATE 1-ITE Group profit jumps, says confident of FY outcome

(Adds details on Russia, Ukraine, analyst comment, share movement) May 19 (Reuters) - Exhibitions organiser ITE Group Plc said first-half headline pretax profit rose 64 percent, driven by income from its recently acquired Chinese exhibition Sinostar and changes in the biennial pattern and

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19 May 2014 08:08

ITE Group Profit Buoyed By Acquisitions, Positive On Outlook

LONDON (Alliance News) - Exhibitions organiser ITE Group PLC Monday reported a jump in pretax profit for the first half of its financial year, as revenue rose and it cut costs, and it said it was still confident about its full-year outcome despite the political crisis between Russia and Ukraine a

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19 May 2014 08:03

ITE Group Half-Year Pretax Profit More Than Quadruples

LONDON (Alliance News) - ITE Group PLC Monday said first-half pretax profit more than quadrupled due to a combination of revenue growth in its main markets and changes to the timing of certain events, as well as a contribution from the newly acquired investment in Chinese exhibition organsiser Si

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19 May 2014 07:55

Monday broker round-up UPDATE

Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J

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19 May 2014 07:42

ITE Group's first half profits rise on expansion

- Pre-tax profit up 63 per cent - Revenue grows 2.5 per cent - Expansion in Turkey, China and UK - Dividend lifted 8.6 per cent ITE Group's first half profits advanced as the British organiser of exhibitions and conferences expanded its businesses into Turkey, Asia and the UK. Revenue in the six m

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19 May 2014 07:36

UK MORNING BRIEFING: AstraZeneca Depresses FTSE 100 On Bid Rejection

LONDON (Alliance News) - UK shares have opened starkly mixed Monday, with the FTSE 100 dragged down by AstraZeneca, while the mid-cap FTSE 250 is higher.

AstraZeneca, down 13% at the open, rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially

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19 May 2014 06:39

Exhibitions organiser ITE's profit jumps

May 19 (Reuters) - Exhibitions organiser ITE Group Plc said first-half headline pretax profit rose 64 percent, driven by income from its recently acquired Chinese exhibition Sinostar and changes in the biennial pattern and timing of events. The company, which organises over 230 exhibitions

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19 May 2014 06:36

MARKET COMMENT: UK Stocks Set To Open Flat To Marginally Higher

LONDON (Alliance News) - UK stocks are set to open flat to fractionally higher Monday, following a modestly higher close on Wall Street Friday, but with a dearth of macro-economic data scheduled to be released, investors may focus on an early-morning flurry of UK corporate news. US stocks e

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19 May 2014 05:30

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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16 May 2014 16:15

MARKET COMMENT: UK Stocks Close Mixed, FTSE 250 Extends Losses

LONDON (Alliance News) - UK stocks closed mixed Friday, with the FTSE 100 outperforming its smaller index peers, but the FTSE 250 fell sharply for a second consecutive session, and a third in total, after another busy day of reporting by its constituents.

The mid-cap index had its w

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16 May 2014 15:43

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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16 May 2014 05:36

REPEAT: UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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16 May 2014 05:09

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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15 May 2014 15:23

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
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15 May 2014 05:30

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar 
Read more

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