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Thursday broker round-up UPDATE

Thu, 30th Jan 2014 09:06

Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation.Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged.Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan raises target price from 815p to 850p, while leaving its neutral rating unaltered. Societe Generale increases target price from 780p to 794p, but still recommends selling.Aquarius Platinum: HSBC cuts target price from 225p to 208p retaining an overweight rating.Aviva: Citi ups target price from 525p to 540p and maintains a buy recommendation.Booker: Citi increases target price from 135p to 175p keeping a buy recommendation.Britvic: Barclays moves target price from 690p to 700p maintaining an overweight rating.Cairn Energy: Numis places both its target price and its buy recommendation under review.Carphone Warehouse: Barclays ups target price from 270p to 290p and keeps an equal-weight rating.Cranswick: Panmure Gordon takes target price from 1140p to 1200p, while its hold recommendation is left unchanged. Investec ups target price from 1275p to 1315p and maintains a buy recommendation.Diageo: Canaccord Genuity cuts target price from 1900p to 1835p and maintains a hold recommendation.Diamond Corp: Northland Capital shifts target price from 12.5p to 12.8p retaining a buy recommendation.Euromoney: Westhouse Securities places its target price (prev.: 1118p) under review, while keeping a sell recommendation. Canaccord Genuity raises target price from 1260p to 1320p, while downgrading from buy to hold.Glencore Xstrata: Investec moves target price from 299p to 308p, but still recommends selling.ITE Group: Westhouse Securities upgrades from neutral to add with a target price of 320p. Numis lowers target price from 385p to 380p retaining a buy recommendation. Investec cuts target price from 355p to 340p, while staying with its buy recommendation.Lion Asset Management: JP Morgan reduces target price from 281p to 251p reiterating a neutral rating.Lloyds Banking Group: Numis moves target price from 85p to 97p and keeps an add rating.Menzies: Panmure Gordon reduces target price from 877p to 840p, while maintaining a buy recommendation.Mothercare: N+1 Singer cuts target price to 260p and retains a hold recommendation.Mulberry Group: Barclays reduces target price from 1000p to 700p and keeps an equal-weight rating.Oxford Instruments: Jefferies raises target price from 1420p to 1670p, while staying with its hold recommendation.Pearson: UBS reduces target price from 1500p to 1400p, while its buy recommendation remains unchanged. Numis cuts target price from 1322p to 1190p keeping its hold recommendation.Premier Food: Societe Generale takes target price from 80p to 150p upgrading to hold.Premier Oil: Goldman Sachs reduces target price from 430p to 325p and downgrades from buy to neutral.Public Service Properties Investements: Westhouse Securities shaves target price from 40p to 37p retaining a buy recommendation.Renishaw: Numis upgrades from reduce to hold with a target price of 1700p. Investec places both its target price (prev.: 1795p) and its sell recommendation under review.Rentokil Initial: Jefferies moves target price from 116p to 128p and keeps a hold recommendation.Sainsbury: HSBC lowers target price from 380p to 360p maintaining its neutral rating.Scapa: Numis ups target price to 132p, while downgrading from buy to add.Spectra Systems: WH Ireland shapes target price from 53p to 46p, while leaving its buy recommendation unaltered.Spirent Communications: N+1 Singer cuts target price from 140p to 119p reiterating its buy recommendation.Standard Chartered: Jefferies initiates with a target price of 1100p and an underperform rating.888 Holdings: Canaccord Genuity lowers target price from 160p to 149p keeping a hold recommendation.
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29 Jan 2014 12:26

Scapa secures 40m pound debt facility

AIM-listed Scapa Group, which supplies bonding materials and solutions, has secured a committed 40m pound debt finance facility. The four-and-half-year revolving credit facility, which also grants further access to an additional uncommitted £20m, was sought out to support the company's future grow

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29 Jan 2014 10:13

Scapa Secures GBP40M Debt Facility From Lloyds, HSBC And Barclays

LONDON (Alliance News) - Scapa Group PLC said Wednesday that it had secured a GBP40 million debt finance facility with a three-bank club consisting of Lloyds Banking Group PLC, HSBC Holdings PLC and Barclays PLC. The four-and-a-half-year revolving credit facility also provides access to an

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10 Dec 2013 16:17

Entertainment One Film President continues sale, Empresaria builds stake

Patrice Theroux, the President of Film at Entertainment One, has reduced his stake in the entertainment company with the sale of 259,538 shares. The shares were traded in at 239.25p a time for a total value of £620,945. The transaction followed two other share sales of 665,462 at 240.1p on Decemb

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29 Nov 2013 08:52

Friday broker round-up UPDATE

Bovis Homes: Panmure Gordon ups target price from 875p to 900p and stays with its buy recommendation. BowLeven: Barclays cuts target price from 175p to 135p maintaining its overweight rating. BT Group: Jefferies shifts target price from 430p to 435p and retains a buy recommendation. Compass Group

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26 Nov 2013 09:35

Scapa Group Profit Jumps 21% On Increased Sales Across Its Divisons

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26 Nov 2013 08:25

AIM IN BRIEF: Chamberlin Swings To Half-Year Loss, Suspends Dividend

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10 Oct 2013 09:00

BROKER RATING CHANGES: Goldman Raises Fresnillo, Cuts Other Miners

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10 Oct 2013 08:36

Thursday broker round-up UPDATE

Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr

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10 Oct 2013 08:05

Scapa Group Says Revenue, Trading Profits Have Seen Good Growth In Half-Year

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10 Oct 2013 07:56

Scapa expects 'good growth' in first half

Bonding materials group Scapa said it saw 'good growth' in revenue and trading profits in the first half, ahead of its interim results next month. The AIM-listed company, which has a market capitalisation of around £124m, manufactures bond products and adhesive components for the electronics, healt

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26 Apr 2013 07:24

Friday broker round-up UPDATE

Admiral Group: HB Markets initiates with a buy recommendation. AstraZeneca: Deutsche Bank takes target price from 3100p to 3160p and leaves its hold recommendation unchanged. Avon Rubber: Investec upgrades from hold to add with a target price of 420p. Betfair Group: Citigroup raises target price

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21 Mar 2013 11:33

Scapa Group in talks to buy Tapex

Scapa Group on Thursday confirmed reports it was looking to buy Tapex, a South Korean manufacturer of tapes for the electronics, consumer and industrial markets. The tapes and adhesives firm said it has entered into a consortium agreement with private equity investor SkyLake Incuvest for a possible

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13 Mar 2013 08:28

Wednesday broker round-up UPDATE

Afren: UBS raises target price from 160p to 200p and reiterates a buy recommendation. African Barrick Gold: Westhouse Securities reduces target price from 255p to 195p and keeps a sell recommendation. Antofagasta: Deutsche Bank lowers target price from 1260p to 1150p, while staying with its hold r

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27 Dec 2012 15:40

COO of Afren sells 360,000 shares

Shahid Ullah, the Chief Operating Officer of Afren, the FTSE 250 energy group, has reduced his stake in the company by 360,000 shares. Ullah, who joined the company in 2008, traded in the stock at 130p a time on Christmas Eve, earning himself £468,000 before tax. Earlier this month the group, wh

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3 Dec 2012 07:16

Monday broker round-up UPDATE

ARM Holdings: Exane BNP Paribas upgrades from neutral to buy. Ashtead Group: Bank of America starts with a target price of 460p and a buy recommendation. AstraZaneca: Berenberg raises target price from 3080p to 3100p; hold recommendation kept. Balfour Beatty: Investec reduces target price from 21

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