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In economic recovery JPM prefers cheap and smaller European media stocks

BUZZ-In economic recovery JPM prefers cheap and smaller European media stocks ** In an economic recovery, J.P.Morgan prefers those European media stocks that are cheap with improving earnings, which could lead shares re-rating ** As we move from economic contraction, "investors should typically favor value, low quality, high risk, small caps and rising momentum to maximize returns," says JPM ** "Contraction winners, quality names that are easy to love, may struggle to outperform unless they have
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UK's ITV jumps after J.P.Morgan hikes PT

BUZZ-UK's ITV jumps after J.P.Morgan hikes PT ** Shares of ITV ITV.L jump 3.2% to 79.95 pence ** J.P.Morgan hikes price target for the British broadcaster to 120p from 112p, maintains "overweight" rating ** Brokerage also upgrades its ad growth view to 5% from 0.4% and EPS by 16% ** Says the final round of Euros could provide a further boost to Jul
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Huhtamaki, Ryanair and Wizz Air

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw
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British TV doctor missing on Greek island as night falls

UPDATE 2-British TV doctor missing on Greek island as night falls Adds camera footage in paragraph 3 By Lefteris Papadimas and Lefteris Damianidis SYMI, Greece, June 7 (Reuters) - British TV presenter Michael Mosley was still missing on the mountainous Greek island of Symi as night fell on Friday, two days after he disappeared, but security camera footage potentially offered new clues about his movements.
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead May 31 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 04-Jun-2024 NTS ITV.L ITV PLC ITV PLC A Spotlight On....ITV Commercial - Investor Webinar 04-Jun-2024 BMO LMPL.L LondonMetric Property PLC Full Year 2024 Londonmetric Property PLC Earnings Release 05-Jun-2024 06:00 BMEB.L B&M European Value Retail SA Full Year 2024 B
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Assura, Cranswick, Weir Group

EUROPE RESEARCH ROUNDUP- Assura, Cranswick, Weir Group May 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assura, Cranswick and Weir Group, on Wednesday. HIGHLIGHTS * Assura AGRP.L : Jefferies cuts to hold from buy * Babcock BAB.L : Barclays raises target price to 560p from 529p * Cranswick Plc CWK.L : Berenberg raises target price to 5312p from 4921p * Prudential PRU.L : Jefferies cuts target price to 1,350p from 1,750p * Weir
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Carlsberg, Danske Bank, Teleperformance

EUROPE RESEARCH ROUNDUP- Carlsberg, Danske Bank, Teleperformance May 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Carlsberg, Danske Bank and Teleperformance, on Friday. HIGHLIGHTS * Carlsberg A/S CARLB.CO : HSBC raises target price to DKK 1040 from DKK 1030 * Danske Bank DANSKE.CO : HSBC cuts target price to DKK 231 from DKK 238 * Hermes HRMS.PA : Jefferies initiates coverage with buy rating; price target EUR 2,650 * Rathbone
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UK's ITV rises on strong Q2 ad revenue outlook

BUZZ-UK's ITV rises on strong Q2 ad revenue outlook ** Shares of British broadcaster Carolyn McCall ITV.L up 1.9% at 75.8p ** Sees a 12% hike in advertising revenue in Q2, boosted by Euros soccer championship that kicks off in June ** ITV remains on track to deliver its 2026 KPI targets ** Q1 total rev fell 7% to 887 mln pounds, with ITV Studios rev down 16% hurt by the expected impact of U.S.
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ITV Remains On Track To Deliver Its 2026 Kpi Targets

BRIEF-ITV Remains On Track To Deliver Its 2026 Kpi Targets May 9 (Reuters) - ITV PLC ITV.L : ITV Q1 TRADING STATEMENT ITV CONTINUES TO MAKE GOOD PROGRESS AND REMAINS ON TRACK TO DELIVER ITS 2026 KPI TARGETS TOTAL ITV STUDIOS Q1 REVENUE WAS DOWN 16% TOTAL ADVERTISING REVENUE UP 3% IN Q1 TOTAL ITV STUDIOS REVENUE FOR FY24 IS EXPECTED TO BE BROADLY FL
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand

UPDATE 1-ITV forecasts 12% jump in Q2 ad revenue on Euros demand Adds CEO quotes in paragraphs 3-4 LONDON, May 9 (Reuters) - Britain's ITV ITV.L forecast an around 12% jump in advertising revenue in the second quarter, four times the level achieved in the first and ahead of expectations , as it benefits from the Euros soccer championship which kicks off in June.
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand

ITV forecasts 12% jump in Q2 ad revenue on Euros demand LONDON, May 9 (Reuters) - Britain's ITV ITV.L said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June. The company, which broadcast "Mr Bates vs The Post Office" in January, on Thursday reported a 6% drop in total external revenue in the first quarter to 727 million pounds ($908 million).
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UK Stocks-Factors to watch on May 9

UK Stocks-Factors to watch on May 9 May 9 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%. * PRUDENTIAL: Insurer Prudential PRU.L has shut down its Hong Kong wealth management business Pulse Wealth, the company said in a statement to Reuters, as part of a wider push to streamline its business. * JOB MARKET: Pay rates for temporary staff in Britain rose last month at the fastest pace in nearly a year and employers scaled back hiring by less than in
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UK's Future Plc up after new CFO announcement

BUZZ-UK's Future Plc up after new CFO announcement ** British media company Future Plc's FUTR.L shares up 2.4% at 713p; among top gainers on London's FTSE 250 index .FTMC ** Appoints Sharjeel Suleman as CFO ** Suleman is currently CFO of ITV studios ** He replaces Penny Ladkin-Brand who will step down on July 28 ** As of last close, stock down abou
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