FTSE 100 movers: Aviva rises after brokers hike target price

7th Mar 2014 14:33

Insurance group Aviva continued to rise after analysts at Barclays and JPMorgan lifted their price targets for the stock today. Yesterday saw the share price soar as investors celebrated a better-than-expected set of 2013 results after its turnaround under Chief Executive Mark Wilson delivered encouraging progress.G4S moved higher, ahead of the release of the scandal-hit security giant's annual results on Wednesday. Investors will be looking for a more positive outlook with a clear strategy in place after what is set to be a disappointing set of figures for 2013. Standard Chartered rose despite Deutsche Bank opting to reduce its target price from 1,410p to 1,360p, while leaving its 'hold' recommendation unchanged.Meanwhile, mining groups Fresnillo, Antofagasta, Anglo American and Randgold were registering losses today, tracking metals prices lower, apparently on worries that the first onshore bond default in China would weigh on the price of copper as it is often used as collateral for loans.Telecoms firm Vodafone was also down after Bank of America Merrill Lynch reportedly removed the stock from its 'Europe 1' list. Sentiment in the sector was also dampened after Telecom Italia scrapped its dividend as it reported a full-year net loss of €674m.Burberry was a heavy faller as it looks set to record its biggest three-day drop in over a month on the back of concerns about the potential impact of sanctions that have been imposed by the US and the EU on Russia as a result of the Ukraine crisis. FTSE 100 - RisersAviva (AV.) 522.00p +3.57%Pearson (PSON) 1,067.00p +3.29%G4S (GFS) 243.10p +3.23%Legal & General Group (LGEN) 239.50p +2.53%Morrison (Wm) Supermarkets (MRW) 241.50p +2.11%ITV (ITV) 202.70p +2.06%Sports Direct International (SPD) 827.50p +1.85%Petrofac Ltd. (PFC) 1,401.00p +1.67%Ashtead Group (AHT) 957.00p +1.48%Standard Chartered (STAN) 1,274.00p +1.19%FTSE 100 - FallersAnglo American (AAL) 1,509.00p -3.58%Antofagasta (ANTO) 888.50p -2.90%Glencore Xstrata (GLEN) 330.30p -2.84%Randgold Resources Ltd. (RRS) 4,928.00p -2.70%Fresnillo (FRES) 923.50p -2.58%Rio Tinto (RIO) 3,234.00p -2.31%William Hill (WMH) 379.70p -1.61%Experian (EXPN) 1,052.00p -1.59%Smith & Nephew (SN.) 929.50p -1.48%Marks & Spencer Group (MKS) 489.90p -1.39%NR