MARKET TALK: Reed Elsevier 1H Exceeds Expectations -SNS

29th Jul 2010 08:49

0749 GMT [Dow Jones] Reed Elsevier (REN.AE) 1H earnings exceed expectations says SNS Securities. The brokerage particularly likes the good organic revenue growth and lower than expected margin pressure. SNS's analyst says he will raise his earnings estimates on the stock moderately. Hold rating, EUR9 target. Shares 4.6% EUR10.03. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 29, 2010 03:49 ET (07:49 GMT)

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