FTSE 250 movers: AVEVA climbs on cash return plans

24th May 2013 16:04

Engineering data and IT group AVEVA was extending gains after yesterday's results in which it revealed a 100m pound cash return to shareholders. Credit Suisse raised its target price for the shares this morning. IT infrastructure firm Computacenter rose after giving details of a £75m cash return for investors. Dairy Crest was also up after Investec moved its target price from 466p to 480p, reiterating an add rating. Meanwhile, Close Brothers fell after reporting third quarter that was slightly lower than last year. FTSE 250 - RisersDairy Crest Group (DCG) 486.60p +3.53%Aveva Group (AVV) 2,379.00p +3.30%BTG (BTG) 350.60p +3.27%Cable & Wireless Communications (CWC) 43.97p +2.95%Britvic (BVIC) 521.50p +2.56%Big Yellow Group (BYG) 414.00p +2.00%St James's Place (STJ) 584.00p +1.92%Telecom Plus (TEP) 1,274.00p +1.92%Ted Baker (TED) 1,492.00p +1.63%Capital & Counties Properties (CAPC) 337.70p +1.38%FTSE 250 - FallersHalfords Group (HFD) 304.10p -8.76%Close Brothers Group (CBG) 1,005.00p -7.80%Ocado Group (OCDO) 263.00p -4.92%Kazakhmys (KAZ) 328.00p -3.78%Ferrexpo (FXPO) 168.90p -3.71%Pace (PIC) 250.00p -3.62%QinetiQ Group (QQ.) 191.10p -3.48%Inmarsat (ISAT) 650.50p -3.27%African Barrick Gold (ABG) 130.90p -3.25%Hochschild Mining (HOC) 250.70p -3.17%NR