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Thursday broker round-up - UPDATE

Thu, 18th Oct 2012 09:24

Ashtead: UBS raises target from 375p to 400p, buy rating kept.ASOS: Panmure Gordon keeps buy rating and 2,530p target.AZ Electronic Materials: Goldman Sachs upgrades to conviction buy.Booker: Panmure Gordon keeps buy rating and 108p target.Britvic: Panmure Gordon keeps hold rating and 380p target.Caretech: Panmure Gordon keeps buy rating and 230p target.CRH: Davy Research upgrades to outperform.CVS: Panmure Gordon raises target from 160p to 188p, buy rating unchanged.Ferrexpo: Seymour Pierce keeps buy rating and 464p target.First Derivatives: Merchant Securities reiterates buy rating and 605p target.Go-Ahead: Jefferies keeps hold rating and 1,220p target; Panmure Gordon keeps hold rating and 1,250p target.Hays: Espirito Santo initiates coverage with neutral rating.Informa: Jefferies keeps buy rating and 474p target.Interserve: Panmure Gordon puts 185p target under review, sell rating kept.Jardine Lloyd Thompson: Panmure Goron cuts target from 775p to 760p, hold rating kept.Ladbrokes: Davy Research downgrades to neutral; Panmure Gordon keeps buy rating and 195p target.Lloyds: Investec downgrades from hold to sell, 36p target kept.Michael Page: Espirito Santo initiates coverage with neutral rating.Mothercare: Seymour Pierce keeps sell rating, 145p target under review; Panmure Gordon raises target from 149p to 172p, sell rating kept.Petrel Resources: Northland Capitals initiates coverage with buy rating.Rexam: Seymour Pierce keeps hold rating and 440p target.Royal Dutch Shell: Goldman Sachs downgrades to sell, target cut from 2,840p to 2,260p.SABMiller: Shore Capital downgrades to hold; Jefferies keeps buy rating and 2,990p target.Spirent Communications: Panmure Gordon keeps buy rating and 188p target.SThree: Espirito Santo initiates coverage with buy rating.Thomas Cook: AlphaValue downgrades to add.William Hill: Morgan Stanley upgrades to equal weight, target raised from 260p to 375p.Workspace: Seymour Pierce ups target from 270p to 330p, buy rating kept.Xchanging: Panmure Gordon upgrades from sell to hold, target lifted from 75p to 115p.BC
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19 Feb 2015 08:20

Rexam agrees to £5.4bn takeover, predicts tough year ahead

The board of drinks packaging group Rexam has agreed a £5.4bn takeover by US rival Ball Corporation, a much larger higher valuation than had been expected by the market. Rexam's management has unanimously recommended the 628p-per-share offer by New York-listed Ball, made up of 407p in cash and 0.045

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19 Feb 2015 07:16

Can maker Rexam gets $6.85 bln offer from US rival Ball

Feb 19 (Reuters) - British drinks can maker Rexam Plc said U.S. rival Ball Corp had made a cash-and-stock offer that valued the company at about 4.43 billion pounds ($6.85 billion). Rexam, which makes cans for Coca-Cola and RedBull, said under the 628 pence per share offer, its shareholder

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19 Feb 2015 06:23

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Feb 2015 19:31

Ball closes in on Rexam deal

US packaging giant Ball is closing in on a deal to buy sector peer Rexam, in a move that would give see it become the world's largest can maker. According to sources cited by MarketWatch, the Colorado-based company and Rexam could be announced by the end of the week. Earlier in February, the group

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18 Feb 2015 18:44

Ball Corp, Rexam deal likely this week - WSJ

Feb 18 (Reuters) - Beverage can maker Ball Corp is close to a deal to buy UK-based Rexam Plc this week, according to people familiar with the matter, the Wall Street Journal reported. Rexam said on Feb. 5 it was in talks with Ball Corp for a cash-and-stock deal that valued Rexam at 610 penc

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18 Feb 2015 18:18

MEDIA-Ball nearing a deal to buy Rexam - WSJ

-- Source link: (http://on.wsj.com/1AlI6cQ) -- Note: Reuters has not verified this story and does not vouch for its accuracy

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18 Feb 2015 16:18

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Feb 2015 12:39

UK MIDDAY BRIEFING: UK Jobless Rate Falls Even As Inflation Weakens

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18 Feb 2015 06:16

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17 Feb 2015 16:06

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16 Feb 2015 16:00

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13 Feb 2015 15:54

UK Earnings, Trading Statements Calendar - Week Ahead

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13 Feb 2015 06:15

UK Earnings, Trading Statements Calendar - Week Ahead

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