FTSE 250 movers: NMC Health hit by downgrade

1st May 2013 15:30

NMC Health continued to fall one day after it posted an 11 per cent year-on-year increase in first quarter revenues to 139m dollars, bolstered by demand for specialist clinical services in its healthcare division. The figures failed to impress Numis Securities, prompting a downgrade from 'buy' to 'hold'. Home Retail Group reported a fall in annual profits as a drop in sales at its Homebase subsidiary offset strong results at Argos. Benchmark profit before tax for the year to March 2nd declined 10% to £91m compared to 2012, on the back of flat sales of £5.47bn. Meanwhile, BBA Aviation was making strong gains after JP Morgan Cazenove reiterated its 'overweight' rating on the stock. Dixons Retail was also on the rise after Deutsche Banks retained its 'buy' rating and upped its target price from 36p to 41p. FTSE 250 - RisersBBA Aviation (BBA) 261.20p +4.11%Dixons Retail (DXNS) 36.40p +3.70%Anite (AIE) 126.30p +3.19%Homeserve (HSV) 215.60p +2.96%Salamander Energy (SMDR) 187.90p +2.85%Supergroup (SGP) 711.00p +2.67%Man Group (EMG) 104.90p +2.64%TalkTalk Telecom Group (TALK) 257.20p +2.59%Electrocomponents (ECM) 246.50p +2.54%Diploma (DPLM) 584.50p +2.45%FTSE 250 - FallersNMC Health (NMC) 273.00p -11.94%African Barrick Gold (ABG) 163.50p -6.57%Home Retail Group (HOME) 146.20p -6.16%Heritage Oil (HOIL) 152.20p -4.88%Elementis (ELM) 255.50p -3.04%Hiscox Ltd. (HSX) 549.00p -2.14%Ferrexpo (FXPO) 174.30p -1.97%Brewin Dolphin Holdings (BRW) 205.10p -1.87%Betfair Group (BET) 850.00p -1.73%Ashmore Group (ASHM) 392.50p -1.68%NR