UBS has downgraded SEGRO PLC (LSE:SGRO) from a buy to a neutral rating due to a weaker outlook for logistics rental growth.
As such, the bank has revised down its estimates for future rental growth in Segro's logistics sector, a key component of the company's business.
Marwyn Value Investors Ltd (LSE:MVI) delivered 'particularly strong' returns between 2008 and 2015, driven by several high-profile realisation events and Panmure Liberum believes it is poised for another high return phase.
“Potential NAV catalysts over the next 12-24 months include what could be materially positive outcomes from Zegona’s now completed acquisition of Vodafone Spain, likely growth at AdvancedAdvT as software businesses are built out by Vin Murria, and building on the much-improved performance at Le Chameau.
Hammerson PLC (LSE:HMSO) has been downgraded by analysts at Peel Hunt, who argue the recent disposals excitement at the commercial property group has run its course.
That had seen the sale of interests in Value Retail for an enterprise value of £1.5 billion, with cash proceeds of £600 million.
Analysts at City broker Shore Capital Markets reaffirmed their buy stance on Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) following a revision to the theme park services provider’s full-year guidance.
accesso tightened guidance to between $150 million and $153 million, down from the $160 million forecasted in April.
So much cash is being taken out of UK equity funds that fund managers are forced to focus on what stocks they need to sell rather than what to buy at the moment, says Deutsche Bank.
Analyst David McCann at the bank says net outflows from the traditional fund sector, which has seen huge outflows and performance pressures since over most of the last 10 years, most likely continued last month.
H&T Group PLC (AIM:HAT) interim results showed continued strong demand for pawnbroking services, excellent growth in retail sales, market share gains in FX and an improved margin in pawnbroking scrap and gold purchasing, says house broker Shore Capital.
While higher-than-anticipated redemptions in Spring have now normalised, these dragged on pledge book growth and revenue generation in the first half.