Latest news with #Burrows
Business Insider
2 days ago
- Business
- Business Insider
Analysts Offer Insights on Real Estate Companies: Vornado Realty (VNO), Deutsche Wohnen (OtherDWHHF) and Cellnex Telecom SA (OtherCLNXF)
Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Vornado Realty (VNO – Research Report), Deutsche Wohnen (DWHHF – Research Report) and Cellnex Telecom SA (CLNXF – Research Report). Confident Investing Starts Here: Vornado Realty (VNO) Goldman Sachs analyst Caitlin Burrows maintained a Sell rating on Vornado Realty yesterday and set a price target of $33.00. The company's shares closed last Thursday at $38.66. According to Burrows is a 1-star analyst with an average return of -1.4% and a 54.4% success rate. Burrows covers the NA sector, focusing on stocks such as Extra Space Storage, Public Storage, and Lineage, Inc. Currently, the analyst consensus on Vornado Realty is a Hold with an average price target of $39.67. Deutsche Wohnen (DWHHF) Kepler Capital analyst Thomas Neuhold maintained a Hold rating on Deutsche Wohnen on May 28 and set a price target of EUR23.33. The company's shares closed last Wednesday at $24.28. Neuhold has an average return of 19.2% when recommending Deutsche Wohnen. According to Neuhold is ranked #1690 out of 9586 analysts. Currently, the analyst consensus on Deutsche Wohnen is a Moderate Buy with an average price target of $27.94. Cellnex Telecom SA (CLNXF) In a report issued on May 28, Javier Borrachero from Kepler Capital maintained a Buy rating on Cellnex Telecom SA, with a price target of EUR48.00. The company's shares closed last Wednesday at $37.90. According to Borrachero is ranked #2046 out of 9586 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cellnex Telecom SA with a $48.93 average price target, a 29.1% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a EUR43.50 price target.
Press and Journal
2 days ago
- Politics
- Press and Journal
Exclusive: Aberdeen FC beach stadium talks back on track as Dons hit out at 'slap in the face' comments from councillor
Aberdeen FC and the council could be poised to launch 'more constructive and collaborative' talks about building a new seaside Dons stadium. It comes after planning vice-convener Martin Greig suggested the project 'is unlikely to happen', adding that the second phase of the beach revamp 'was all visionary'. The project – which was initiated by the previous Tory-led administration in 2021 – has been in stalemate for years as the council and the club fight over who needs to pay for it. It has attracted large support from fans, with chairman Dave Cormack arguing there would be no 'meaningful benefit' of the multi-million-pound beach upgrades without a new stadium there. But the tide appeared to change when the SNP and Lib Dems took over the council – with talks being pushed down the line over and over again. And with the Dons' historic win over Celtic last weekend, the club's chief executive Alan Burrows has now broken the silence on where they stand on the matter… In a letter to city chiefs seen by The Press and Journal, Mr Burrows says the suggestion that the project was 'only an idea' – especially after their win – is a 'slap in the face'. Thousands lined the streets donning their best red attire to celebrate the city's football club as the Hampden heroes waved at the crowds from an open-top bus. The proud winners made their way from Albyn Street to Marischal College to greet fans before celebrating with a civic reception at the Town House. And while Mr Burrows thanked the council for the organising the 'fantastic parade', he was taken aback to find their hopes for a new stadium dashed just days later. In his letter to city chiefs, he writes: 'Looking out from the Town House balcony at a sea of red was a magnificent sight and something only Aberdeen FC could have achieved. 'It was therefore disappointing to read in the press the next day that the stadium part of the beach regeneration was only a 'visionary' idea and unlikely to happen. 'Having invested considerable executive time over several years, working with the council to develop plans for an integrated leisure complex and community stadium, this felt like a slap in the face.' Mr Burrows is now urging the council to get round the table once again, however, this time for 'more constructive and collaborative' conversations. He argues this could be key to unlocking the second phase of the beach regeneration, hoped to draw more visitors to the city and boost traders. And to make his statement even stronger, he reiterated the millions of pounds the new complex is believed to plug into the local economy. An independent study, commissioned by the club and the council, suggested that building a seaside stadium would inject at least £1 billion into the city over 50 years. This is on top hundreds of jobs that will be created in the process of getting the complex up and running, and potentially attracting an extra 38 million of visitors to the area. 'There is no better time to build on the momentum and legacy of winning the Scottish Cup,' Mr Burrows adds. 'Rather than a new stadium at the beach being a political football, we'd welcome the opportunity to try to build consensus. 'Major projects can be achieved more effectively and more quickly when there is buy-in from all parties and a united approach to doing what's in the best interests of the city. 'But making this happen and raising the funding requires a shared ambition and political will.' Conservative leader Richard Brooks, who has been advocating for the plans from the start, has already agreed to join talks and help get the project off the ground. He said: 'The club look on board to meet with councillors, to iron out any issues and to work together to move on a new stadium as part of the Beach Masterplan forward' 'This is the sort of footfall our beleaguered city yearns for, so now seems an excellent time to 'literally' build on the Aberdeen Football Club's Scottish Cup success' Earlier this week, council co-leader Christian Allard said he was 'always willing to engage and work cross party'. And last night a spokesperson for the SNP and Lib Dem administration appeared to open the door for a fresh round of discussion. They said: 'Co-leaders will be delighted to meet Mr Burrows at Pittodrie to discuss plans for a new stadium.' Read more:
Daily Record
2 days ago
- Sport
- Daily Record
Jimmy Thelin brought Aberdeen calm when needed most as Alan Burrows offers honest assessment of Swede
The former Elfsborg boss guided the Dons to their first Scottish Cup triumph in 35 years by beating Celtic at Hampden last week Alan Burrows reckons Jimmy Thelin hasn't just delivered silverware – he's brought a sense of calm to Aberdeen when they needed it most. The Swede sealed his place in Dons history at the weekend by leading them to victory over Celtic at Hampden – ending an 11-year wait for a trophy and landing their first Scottish Cup in 35 years. Thelin let his emotions really show for arguably the first time since the season began, soaking up the jubilant scenes across the Granite City. Aberdeen chief executive Burrows said: 'We need him to be calm, because he's one of the few people who are calm. When you take me, the chairman and others – all very emotional! 'It's an emotional club because it's got such a rich history, and such big expectation because it's a big city. When you've got that, people like Jimmy – who are calm in there – ensure everyone is on the straight and narrow. 'He's very, very good. Not only for around the club, but managing upwards, sideways and downwards. He's a really good guy.' Thelin was headhunted from Elfsborg by Dons chairman Dave Cormack, who refused to take 'no' for an answer from the Swedes. The club chief wanted to get away from the regular turnover of managers and insisted that his new boss would be given time and it was a long-term project. Burrows said: 'He's done remarkably well. Listen, we were saying when we appointed him – 'this is a long project. 'Aberdeen are trying to get away from this churn of managers that we've had over the previous four or five seasons' and we were saying to everybody at the start, 'this is going to require patience, it's going to require a bit of time'. 'Then we go and win 11 games out of 12 and completely blew that up! 'That takes everybody's expectations up really, really quickly, but we always knew that in the first season – as he was getting used to Scottish football and building his team – that it would take a bit of time and effort. 'That manifested itself through the middle of the season but the mark of anyone is to try and keep calm, keep doing the things you're doing, not abandon your principles. That's the ultimate credit. 'He's remained the same guy from day one. That's a mark of a really good manager, who can keep on that straight line.' Cormack has vowed to back Thelin again, with the majority of the riches from their European campaign. Burrows said: 'It's crazy. John Boyle once said, very poetically, 'in football one minute you're a peacock, the next you're a feather duster'. Don't get too high and try not to get too low. 'Hopefully, what we've demonstrated through the course of this season was a resoluteness about this project, about this manager and we'll continue to try and back him.'
Press and Journal
3 days ago
- Sport
- Press and Journal
Alan Burrows: Jimmy Thelin has shown why he is the right man for Aberdeen
Aberdeen chief executive Alan Burrows insists manager Jimmy Thelin has proven he is the man for the Dons. Thelin capped a remarkable first season in Scottish football by guiding the club to Scottish Cup glory at Hampden last weekend. The penalty shootout win against Celtic ended the Dons' 35-year wait to bring the trophy back to the Granite City. Following the disappointment of finishing fifth in the Premiership, the cup win also guaranteed the club group stage football in Europe next season in the process. A glorious finale to an emotional wringer of a season for the club has ensured the Dons head into the summer on a high. But for Burrows, the success of the club's manager, and the patience afforded to Thelin during a difficult mid-season slump, shows why he is the right man for the club. The Dons chief executive said: 'It's crazy, my former chairman once said very poetically in football that one minute you're a peacock, the next you're a feather duster. 'I suppose the same is true in the opposite way. 'That's the nature of football, that's a lesson. You don't get too high and you try not to get too low when things aren't going as well. 'Try to maintain that all the time, particularly when you are working towards a project, when you are bringing someone in on the idea of a three-to-five year plan. 'You've got to accept that there will be bumps along the way. 'In modern football now, people aren't prepared to put up with bumps – they just want constant success. 'Hopefully what we've demonstrated through the season was a resoluteness about this project, a resoluteness about this manager and we'll continue to try and back him going into the future.' Aberdeen are determined to develop a long-term vision for the club after several years of constant changes at Pittodrie. The Dons have started the last five seasons with a different manager in the dugout and Burrows believes a period of stability is long overdue at the club. He said: 'We said when we appointed Jimmy, this is a long project. 'Aberdeen are trying to get away from this churn of managers that we've had over the previous four or five seasons and we were saying to everybody at the start, 'this is going to require patience, this is going to require a bit of time'. 'And then we go and win 11 games out of 12 and completely blow that up. 'I think what that does is that it takes everybody's expectations up really, really quickly, but we always knew that in the first season – as he was getting used to Scottish football and building his team – that it would take a bit of time and effort. 'That manifested itself through the middle of the season, but I think the mark of anyone is to try and keep calm, keep doing the things that you are doing, not abandon your principles. 'To me, that's the ultimate credit. He's remained the same guy from day one until the cup final. 'That's a mark of a really good manager, who can keep on that straight line. 'Jimmy has done remarkably well.' In the ultra-competitive and emotionally charged environment of football, Thelin's ice-cool persona has set him apart from many of his peers – and his work colleagues at Pittodrie. The fist pump and roar of jubilation following the Dons' Scottish Cup win last weekend was a rare but totally understandable show of emotion from the Swede. Burrows believes the measured and composed approach is the perfect foil at a club like Aberdeen. The chief executive said: 'I think we need him to be calm, because he's one of the few people who is calm, when you take me, the chairman and others – all very emotional. 'It's an emotional football club because it's got such a rich history, it's got such a big expectation because it's a big city. 'When you've got that, people like Jimmy who are calm in there ensures everyone is on the straight and narrow. 'He's very, very good. Not only for around about the club, but managing upwards, sideways and downwards. He's a really good guy.'
Scotsman
3 days ago
- Sport
- Scotsman
'Emotional' Aberdeen grateful to Jimmy Thelin's biggest trait as major squad update revealed
Burrows says manager stays calm amid some storms Sign up to our Football newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Aberdeen chief executive Alan Burrows is the first to admit that the club's hierarchy can be a bit 'emotional' at times. He and chairman Dave Cormack are heavily invested in the success of the Dons - so to have the calmness of manager Jimmy Thelin at Pittodrie to balance them out is massively important. Advertisement Hide Ad Advertisement Hide Ad The Swede has kept a level head throughout a topsy-turvy season. Thelin's tenure began with 13 competitive wins in a row before a barren run of one win in 15. Eventually they went on to win the Scottish Cup last weekend against Celtic, ending a 35-year-wait for the trophy. Thelin's demeanour has barely changed come rain or shine. Jimmy Thelin has guided Aberdeen to the Scottish Cup in his first season in charge. | SNS Group 'My former chairman once said very poetically in football that one minute you're a peacock, the next you're a feather duster,' said Burrows. 'And I suppose the same is true in the opposite way. And that's the nature of football, that's a lesson. You don't get too high and you try not to get too low when things aren't going as well. 'Try to maintain that all the time, particularly when you are working towards a project, when you are bringing someone in on the idea of a three-to-five year plan. You've got to accept that there will be bumps along the way. In modern football now, people aren't prepared to put up with bumps - they just want constant success. 'Hopefully what we've demonstrated through the season was a resoluteness about this project, a resoluteness about this manager and we'll continue to try and back him going into the future. Advertisement Hide Ad Advertisement Hide Ad Why Aberdeen is an 'emotional' club "I think we need him to be calm, because he's one of the few people who are calm, when you take me, the chairman and others - all very emotional! It's an emotional football club because it's got such a rich history, it's got such a big expectation because it's a big city. 'When you've got that, people like Jimmy who are calm in there ensures everyone is on the straight and narrow. He's very, very good. Not only for around about the club, but managing upwards, sideways and downwards. He's a really good guy.' Burrows expressed admiration at how Thelin managed to keep an equilibrium when others may have become ruffled. "He's done remarkably well,' Burrows continued. 'Listen, we were saying when we appointed him, this is a long project. Aberdeen are trying to get away from this churn of managers that we've had over the previous four or five seasons and we were saying to everybody at the start, 'this is going to require patience, this is going to require a bit of time'. And then we got and win 11 games out of 12 and completely blow that up! Aberdeen CEO Alan Burrows (right) alongside chairman Dave Cormack (centre) and director of football Steven Gunn. | SNS Group 'I think what that does is that it takes everybody's expectations up really, really quickly, but we always knew that in the first season - as he was getting used to Scottish football and building his team - that it would take a bit of time and effort. That manifested itself through the middle of the season, but I think the mark of anyone is to try and keep calm, keep doing the things that you are doing, not abandon your principles. Advertisement Hide Ad Advertisement Hide Ad 'To me, that's the ultimate credit. He's remained the same guy from day one until yesterday. That's a mark of a really good manager, who can keep on that straight line.'
