Friday broker round-up

9th Apr 2021 13:09

(Sharecast News) - Hilton Food Group: RBC Capital Markets upgrades to outperform with a target price of 1,500p.

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Sanne raises £79.5m in placing to push ahead with acquisition strategy

8th Apr 2021 07:36

(Sharecast News) - Sanne said on Thursday that it has raised £79.5m in a placing to push ahead with its acquisition strategy.

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Sanne to buy Texas-based STRAIT for up to $45m, raise £80m in placing

7th Apr 2021 16:37

(Sharecast News) - Sanne said on Wednesday that it has agreed to buy Texas-based STRAIT, a private equity and hedge fund administration business, for up to $45m, as it announced a placing to raise around £80m to push ahead with its acquisition strategy.

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Tuesday broker round-up

30th Mar 2021 13:16

(Sharecast News) - Fevertree: RBC Capital Markets downgrades to sector perform with a target price of 2,000p.

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Sanne FY profits, revenue rise despite Covid impact

19th Mar 2021 08:00

(Sharecast News) - Sanne reported a rise in full-year profit and revenue on Friday despite the impact of the Covid-19 pandemic, as it hailed revenue growth across all regions.

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Sanne to buy Guernsey PE fund administrator, sees FY revenues below expectations

7th Dec 2020 07:43

(Sharecast News) - Sanne said on Monday that full-year revenues are set to be "marginally" below its previous expectations as it announced the acquisition of Scandinavian and Guernsey private equity fund administrator Private Equity Administrators Group (PEA) for up to €30.25m.

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Sanne rallies on RBC Capital markets upgrade

12th Oct 2020 08:22

(Sharecast News) - RBC Capital Markets upgraded alternative asset services firm Sanne to 'outperform' from 'sector perform' on Monday, lifting the price target to 730p from 600p.

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Thursday broker round-up

10th Sep 2020 14:21

(Sharecast News) - Hargreaves Lansdown: Deutsche Bank upgrades to hold with a target price of 1,600.0p.

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Sanne hikes interim dividend after decent first half

9th Sep 2020 07:35

(Sharecast News) - Sanne reported net revenue growth of 9.5% in its first half on Wednesday, to £83.9m, which ot said reflected the "resilience" of its client book, as well as the second quarter Covid-19 related slowdown in new fund activity.

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Wednesday broker round-up

29th Jul 2020 13:29

(Sharecast News) - Sanne: RBC Capital Markets reiterates sector performer with a target price of 600.0p.

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Sanne anticipates 'strong' 1H cash performance

28th Jul 2020 08:31

(Sharecast News) - Sanne Group described its performance over the first half of the year as "robust", telling shareholders to expect a "strong" cash performance and growth in underlying earnings per share.

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Elementis's bottom line hit by impairment charges in 1H

28th Jul 2020 08:20

(Sharecast News) - Elementis swung to a first half loss as the Covid-19 pandemic hammered the company's top line and led management to book big impairments for its energy and Talc assets.

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Second half turnaround leaves Sanne in 'strong' position

19th Mar 2020 09:02

(Sharecast News) - Sanne reported "strong" revenue momentum in its final results on Thursday, with 16.2% revenue growth in continuing operations, of which organic growth was 13.5%.

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Sanne agrees to sell JTC for ?12m

16th Mar 2020 08:47

(Sharecast News) - Alternative asset and corporate business services provider Sanne has agreed to sell Jersey-based to JTC for up to ?12m.

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Jefferies starts Sanne at 'buy', highlights barriers to entry

12th Feb 2020 14:30

(Sharecast News) - Jefferies kicked off its coverage of Sanne with a 'buy' recommendation and 735.0p target price, highlighting to clients the company's improving execution and the attractive fundamentals of the industry in which it operated.

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