Business & Development
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Berenberg slightly raises target price on Sainsbury’s following Q3 results
Analysts at Berenberg slightly raised their target price on grocery giant J Sainsbury from 275.0p to 285.0p on Monday following the group’s…
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M&C Saatchi rejects increased offer from suitor
The independent directors of M&C Saatchi have rejected an increased bid from its largest shareholder and chair, the company said on Monday.…
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Jefferies considers cladding issues, downgrades three UK housebuilders
Jefferies downgraded its recommendation on three UK housebuilders on Monday as it assessed the impact of cladding issues. The bank downgraded Barratt…
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Unite acquires 270 bed site in Nottingham
Student accommodation developer Unite said it had bought a 270-bed development site in Nottingham’s city centre. Total development costs for the scheme,…
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Spirax-Sarco buys Cotopaxi for £13.3m
Thermal energy and pumping specialist Spirax-Sarco Engineering said it has bought Cotopaxi, a consulting and optimisation specialist, for £13.3m. UK-based Cotopaxi, which…
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Broker tips: Rentokil Initial, Everyman Media
Analysts at Berenberg hiked their target price on pest exterminator Rentokil Initial from 510.0p to 640.0p and upgraded their stance on the…
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Canaccord Genuity reiterates ‘buy’ rating on Everyman Media
Analysts at Canaccord Genuity reiterated their 245.0p target price on cinema operator Everyman Media Group on Friday after the firm revealed it…
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Photo-Me CEO makes discounted offer for company
Photo-Me chief executive Serge Crasnianski has tabled a discounted bid for the photo booth and vending machine operator, the company said on…
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Berenberg upgrades Rentokil to ‘buy’ on proposed Terminix deal
Analysts at Berenberg hiked their target price on pest exterminator Rentokil Initial from 510.0p to 640.0p and upgraded their stance on the…
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Playtech warns not all investors engaging on bids after Jordan pulls offer
Gambling technology company Playtech reiterated support for a £2.7bn bid from Aristocrat Leisure after former Formula One boss Eddie Jordan pulled his…
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