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Pin to quick picksR&Q Insurance Share News (RQIH)

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Friday broker round-up UPDATE

Fri, 28th Feb 2014 09:51

Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation.Bodycote: FinnCap increases target price from 620p to 780p maintaining a hold recommendation. UBS ups target price from 800p to 860p and retains its buy recommendation.British American Tabacco: Nomura ups target price from 3640p to 3700p and retains a buy recommendation. Citi takes target price from 3600p to 3650p maintaining a buy recommendation.Britivc: UBS increases target price from 600p to 740p and maintains a neutral rating.Capita Group: Jefferies raises target price from 1115p to 1300p and keeps a buy recommendation.Carillion: Investec raises target price from 305p to 360p and stays with its hold recommendation.COLT Telecom: Deutsche Bank lowers target price from 145p to 141p and retains its buy recommendation.Costain Group: Liberum Capital upgrades to buy with a target price of 300p.Derwent London: Jefferies increases target price from 2600p to 2817p and retains a hold recommendation. Deutsche Bank ups target price from 2140p to 2200p, but still recommends selling.Elementis: Numis raises target price to 297p and keeps a hold recommendation.Howden Joinery: N+1 Singer takes target price from 365p to 415p and stays with its buy recommendation. Citi ups target price from 315p to 365p and maintains a neutral rating.Jupiter Fund Management: Jefferies ups target price from 375p to 400p and stays with its hold recommendation. Espirito Santo takes target price from 465p to 489p and stays with its buy recommendation.Kazakhmys: Westhouse Securities raises target price from 235p to 355p and upgrades from neutral to add. Credit Suisse increases target price from 235p to 330p, while its neutral rating is kept. Deutsche Bank shifts target price from 182p to 188p keeping its sell recommendation. Barclays upgrades to equal-weight with a target price of 220p. Numis raises target price from 130p to 220p, but still recommends selling.Laird: Espirito Santo ups target price from 325p to 360p keeping a buy recommendation. Investec places both its target price (prev.: 260p) and its sell recommendation under review.Lancashire Holdings: Westhouse Securities cuts target price from 820p to 790p and leaves its neutral rating unaltered.Man Group: Jefferies takes target price from 70p to 100p upgrading from underperform to hold. Barclays moves target price from 94p to 108p and retains an equal-weight rating. UBS shifts target price from 91p to 100p leaving its neutral rating unaltered.National Express: Panmure Gordon ups target price from 250p to 300p maintaining a hold recommendation.Pearson: Investec places its target price (prev.: 1200p) under review, while leaving its hold recommendation unchanged. Numis places both its target price and its hold recommendation under review.Petra Diamonds: Investec ups target price from 156p to 189p and reiterates a buy recommendation.Playtech: Nomura initiates with a target price of 776p and a neutral rating.Premier Oil: Barclays reduces target price from 535p to 485p, while keeping an overweight rating.Randall & Quilter: Numis raises target price from 35p to 165p, while keeping its hold recommendation.Redrow: Deutsche Bank ups target price from 294p to 322p and retains a hold recommendation. Barclays lowers target price from 383.4p to 382.9p and keeps an overweight rating. Panmure Gordon raises target price from 293p to 328p staying with its hold recommendation.Reed Elsevier: Deutsche Bank moves target price from 940p to 960p reiterating a buy recommendation. Barclays lowers target price from 1025p to 1020p and retains its overweight rating.Rentokil Initial: Panmure Gordon increases target price from 97p to 136p upgrading from sell to hold.Rightmove: Numis raises target price from 3270p to 3360p upgrading from add to buy.Royal Bank of Scotland: Deutsche Bank lowers target price from 320p to 315p and keeps a sell recommendation. Citi cuts target price from 290p to 270p keeping a sell recommendation.RSA Insurance: Deutsche Bank cuts target price from 109p to 100p leaving its hold recommendation unaltered. UBS lowers target price from 113p to 103p and downgrades from buy to neutral.Speedy Hire: Panmure Gordon lowers target price from 88p to 81p and keeps a buy recommendation.Spirent Communications: N+1 Singer shifts target price from 119p to 125p and retains a buy recommendation.Staffline: FinnCap initiates with a target price of 870p and a buy recommendation.Standard Chartered: UBS reduces target price from 1680p to 1515p, while its buy recommendation remains unchanged.Synthomer: Canaccord Genuity cuts target price from 302p to 288p, while staying with its buy recommendation.Tate & Lyle: UBS reduces target price from 750p to 600p and maintains its sell recommendation.Travis Perkins: Jefferies raises target price from 1380p to 1430p reiterating an underperform rating.UBM: Investec places its target price (prev.: 750p) under review, while keeping its buy recommendation.UDG Healthcare: N+1 Singer ups target price from 350p to 410p and reiterates its buy recommendation.Vodafone Group: Espirito Santo lowers target price from 238p to 233p, while upgrading to neutral.William Hill: Investec shifts target price from 530p to 535p and maintains a buy recommendation. Daniel Stewart cuts target price from 555p to 500p and keeps a buy recommendation.WPP Group: Deutsche Bank cuts target price from 1550p to 1470p, while staying with its buy recommendation. Goldman Sachs reduces target price from 1620p to 1540p, while leaving its buy recommendation unchanged. Nomura cuts target price from 1575p to 1525p and reiterates its buy recommendation. Barclays lowers target price from 1535p to 1525p maintaining an overweight rating. Investec reduces target price from 1469p to 1350p and downgrades to add.LS
More News
14 Dec 2023 15:56

R&Q sees big opportunity for Legacy arm as eyes life after Accredited

(Alliance News) - R&Q Insurance Holdings Ltd on Thursday said its Legacy arm has "a robust pipeline" as it looks ahead to life after the disposal of its Accredited unit.

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14 Nov 2023 12:12

R&Q Insurance has big plans for Legacy once Accredited sale closes

(Alliance News) - R&Q Insurance Holdings Ltd on Tuesday outlined plans for the future of its Legacy business, as it continues to work towards completing the sale of Accredited to Onex Corp.

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14 Nov 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms before US inflation

(Alliance News) - London's FTSE 100 went into Tuesday afternoon in the red, hurt by a stronger pound, though European peers were in better shape ahead of a key US inflation reading.

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26 Oct 2023 09:54

R&Q inks significant loss portfolio transfer deal

(Sharecast News) - R&Q announced a significant loss portfolio transfer (LPT) reinsurance agreement with an unnamed prominent UK motor insurer on Thursday.

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20 Oct 2023 18:33

R&Q Insurance Holdings sells Accredited to Onex for USD465 million

(Alliance News) - R&Q Insurance Holdings Ltd on Friday said it has entered into a conditional agreement to sell 100% of its interest in Randall & Quilter America Holding Inc.

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29 Sep 2023 14:39

EARNINGS: R&Q Insurance loss swells, Jade Road still selling assets

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News:

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29 Sep 2023 11:35

R&Q records improved fee income as it works to separate business

(Sharecast News) - Non-life specialist R&Q Insurance Holdings reported a first-half gross written premium (GWP) of $1.1bn for its Accredited division on Friday, marking a 34% jump year-on-year.

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22 Sep 2023 11:48

IN BRIEF: R&Q Insurance in advanced talks to sell Accredited to Onex

R&Q Insurance Holdings Ltd - Hamilton, Bermuda-based non-life specialty insurance - Confirms it is in "an advanced stage of discussions" with Onex Corp to sell programme management business Accredited. R&Q Insurance previously had said it was reviewing strategic options, which included the legal separation of Accredited and R&Q Legacy. Says a further announcement will be made "if and when appropriate". Onex is a Toronto-based private equity firm.

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22 Sep 2023 10:39

R&Q in advanced talks with possible Accredited buyer

(Sharecast News) - R&Q Insurance Holdings responded to press speculation on Friday morning regarding a potential sale of its programme management business Accredited.

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21 Jul 2023 15:38

UK shareholder meetings calendar - next 7 days

Monday 24 July 
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Cranswick PLCAGM
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MobilityOne LtdAGM
Plus500 LtdEGM to authorise share re-purchase
TClarke PLCGM re necessary resolutions to shareholders for placing of new ordinary shares
WANdisco PLCGM re increase of share capital
Tuesday 25 July 
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Atome Energy PLCAGM
B&M European Value Retail SAAGM
GlobalData PLCGM re capital reorganisation
JZ Capital Partners LtdAGM
MITIE Group PLCAGM
Molecular Energies PLCAGM
Polymetal International PLCAGM
Safestay PLCAGM
Verditek PLCAGM
Vodafone Group PLCAGM
Wednesday 26 July 
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Blackstone Loan Financing LtdAGM
BP Marsh & Partners PLCAGM
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Molten VenturesAGM
Motorpoint Group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC and LtdAGM
Norcros PLCAGM
Oracle Power PLCAGM
Palace Capital PLCAGM
ProBiotix Health PLCAGM
Seeen PLCAGM
Silverwood Brands PLCAGM
Triad Group PLCAGM
Water Intelligence PLCAGM
Zephyr Energy PLCAGM
Thursday 27 July 
Foresight Group Holdings LtdAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 28 July 
African Pioneer PLCAGM
Bezant Resources PLCAGM
Braveheart Investment Group PLCAGM
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DP Poland PLCAGM
Intuitive Investments Group PLCGM re proposals on investment strategy
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Mercantile Ports & Logistics LtdAGM
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Science in Sport PLCAGM
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Xtract Resources PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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29 Jun 2023 15:40

TRADING UPDATES: R&Q premiums rise as presses on with separation

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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26 Jun 2023 10:16

R&Q's Accredited recognised as independent ratings unit

(Sharecast News) - R&Q Insurance Holdings announced on Monday that AM Best had recognised its programme management subsidiary 'Accredited' as an independent ratings unit, distinct from R&Q.

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12 Jun 2023 14:04

IN BRIEF: R&Q Insurance raises equity as separates its two businesses

R&Q Insurance Holdings Ltd - Hamilton, Bermuda-based non-life specialty insurance - Raises up USD60 million in new equity from funds affiliated with largest shareholder Scopia Capital Management, as separates program management business from legacy insurance business. The Scopia funds invest USD50 million in non-voting, perpetual preferred equity issued by Randall & Quilter PS Holdings Inc, an indirect wholly-owned subsidiary of R&Q. This amount can be raised to USD60 million. The preferred shares can exchanged for ordinary shares of R&Q Insurance at 60.98 pence per share.

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12 Jun 2023 08:52

R&Q raises $50m, reports strong quarter

(Sharecast News) - R&Q Insurance has successfully raised $50m in non-voting, perpetual preferred equity through its subsidiary, Randall & Quilter PS Holdings, it announced on Monday, alongside strong first-quarter trading.

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4 Apr 2023 14:33

R&Q Insurance plans spin-off and predicts chunkier yearly loss

(Alliance News) - R&Q Insurance Holdings Ltd on Tuesday predicted an annual loss and unveiled plans to separate its programme management business Accredited.

Read more

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