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Tuesday broker round-up

Tue, 05th May 2020 13:27

(Sharecast News) - Stagecoach Group: Canaccord upgrades to buy with a target price of 110p.



Tate & Lyle: Berenberg reiterates hold with a target price of 665p.

Tekmar: Berenberg reiterates buy with a target price of 130p.

Brewin Dolphin: Berenberg reiterates buy with a target price of 310p.

Glencore: Citigroup reiterates buy with a target price of 250p.

Ashmore Group: JP Morgan downgrades to underweight with a target price of 310p.

GlaxoSmithKline: JP Morgan reiterates neutral with a target price of 1,700p.

BT Group: JP Morgan reiterates overweight with a target price of 182p.

Royal Mail: Deutsche Bank upgrades to hold with a target price of 183p.

RSA Insurance Group: Deutsche Bank reiterates hold with a target price of 500p.

HSBC: Barclays reiterates underweight with a target price of 410p.

RBS: Barclays upgrades to equal weight with a target price of 135p.

Standard Chartered: Barclays reiterates underweight with a target price of 410p.

Mears Group: Liberum reiterates hold with a target price of 150p.

LondonMetric Property: Liberum reiterates hold with a target price of 180p.
More News
16 Mar 2021 07:44

UPDATE 1-Brexit won't mean lower capital for insurers, says Bank of England

(Adds more detail)By Huw JonesLONDON, March 16 (Reuters) - A review of rules will not lead to any "radical departure" or a reduction in capital requirements, but it will take time to complete, Bank of England Deputy Governor Sam Woods said on Tues...

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16 Mar 2021 07:10

Brexit won't mean lower capital for insurers, says Bank of England

LONDON, March 16 (Reuters) - A review of rules for the insurance sector after Brexit will take time to complete, but it will not lead to any "radical departure" or a reduction in capital requirements, Bank of England Deputy Governor Sam Woods sai...

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11 Mar 2021 12:14

Insurers, reinsurers prepare for battle over UK COVID-19 business payments

* Insurers face hefty claims after Supreme Court ruling* Insurers, reinsurers left to 'fight it out'-senior source* Investors fret about further legal battlesBy Carolyn Cohn and Kirstin RidleyLONDON, March 11 (Reuters) - Top insurance companies, ord...

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3 Mar 2021 11:22

Hiscox swings to loss amid "regret" over dispute with customers

Hiscox swings to loss amid "regret" over dispute with customers

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1 Mar 2021 17:59

UK business interruption insurance anguish far from over

By Carolyn CohnLONDON, March 1 (Reuters) - Insurers in Britain have begun making interim payments or settlement offers to businesses disrupted by the COVID-19 pandemic after a high-profile January court case, but concerns have been raised about lo...

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26 Feb 2021 17:06

LONDON MARKET CLOSE: Stocks Routed As Inflation Fears Lift Bond Yields

LONDON MARKET CLOSE: Stocks Routed As Inflation Fears Lift Bond Yields

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26 Feb 2021 09:02

RSA Insurance Posts Record Underwriting Profit In Last Year In London

RSA Insurance Posts Record Underwriting Profit In Last Year In London

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26 Feb 2021 08:18

RSA Insurance posts jump in operating profit ahead of takeover

(Sharecast News) - RSA Insurance posted a rise in full-year operating profit on Friday ahead of its takeover.

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26 Feb 2021 07:49

LONDON MARKET PRE-OPEN: IAG Plummets To Big Loss, Notes Pent-Up Demand

LONDON MARKET PRE-OPEN: IAG Plummets To Big Loss, Notes Pent-Up Demand

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26 Feb 2021 07:33

UPDATE 2-British insurer RSA's profit rises, takeover on track

* Takeover of RSA seen completing in May* 2020 operating profit up 15%* Departing CEO Hester not planning on a SPAC (Adds CEO comment, detail, shares, analyst)By Carolyn CohnLONDON, Feb 26 (Reuters) - The purchase of RSA by Denmark's Tryg and Canad...

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23 Feb 2021 10:51

UPDATE 2-UK minister says insurance reforms not part of a 'deregulatory agenda'

(Adds Bank of England comments)By Huw Jones and Carolyn CohnLONDON, Feb 23 (Reuters) - Britain's plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions ra...

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23 Feb 2021 10:51

UPDATE 1-UK will resist gratuitous changes to insurance rules, says minister

(Adds detail, quotes)By Huw Jones and Carolyn CohnLONDON, Feb 23 (Reuters) - A review of post-Brexit capital requirement rules for insurers will seek proportionate reform and will not be swayed by any "deregulatory agenda", Britain's financial ser...

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23 Feb 2021 09:36

UK insurance rules changes not part of "deregulatory agenda", says minister

LONDON, Feb 23 (Reuters) - A review of capital requirement rules for insurers after Brexit won't be part of a "deregulatory agenda", Britain's financial services minister John Glen said on Tuesday."This isn't about a gratuitious deregulatory agend...

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20 Feb 2021 07:53

UK Insurers To Pay Up To GBP2.5 billion For Covid-19-Related Claims

UK Insurers To Pay Up To GBP2.5 billion For Covid-19-Related Claims

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19 Feb 2021 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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