Thursday broker round-up UPDATE
3rd Apr 2014 09:05
Associated British Foods: Citi increases target price from 2350p to 3000p, while its neutral rating remains unchanged. Booker Group: Investec shifts target price from 172p to 178p retaining a buy recommendation. BSkyB: HSBC Holdings moves target price from 600p to 610p, while keeping its underweig
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreSector movers: Defensive stocks gain as markets retreat
27th Mar 2014 14:54
Most defensive stocks were performing well on Thursday as more cyclical sectors bore the brunt of profit-taking after markets rose to a two-week high the previous session. Heightened geopolitical tensions in Crimea were pulling the FTSE 100 back from its highest closing level since March 12th after
Read moreFTSE 100 movers: Rolls-Royce jumps on Daimler JV buy-out
10th Mar 2014 14:56
Rolls Royce was in the top spot today after a host of analysts lifted their target prices following the engine group's move last week to buy-out Daimler in their 50-50 joint venture, Rolls-Royce Power Systems (RRPS). After the close of trade on Friday, Rolls-Royce said that it is to buy the remain
Read moreBroker tips: Mondi, AB Foods, Centrica, Taylor Wimpey
10th Mar 2014 12:05
Citigroup has upgraded its rating for Mondi from 'neutral' to 'buy' and raised the target price from 1,110p to 1,260p, saying it sees "another strong year ahead" for the paper and packaging group. "Mondi continues to deliver strong earnings driven by improvements in costs, acquisitions and volume g
Read moreUBS lifts AB Foods target on Primark potential
10th Mar 2014 11:39
UBS has hiked its target price for food and retail company Associated British Foods by 14 per cent and reiterated its 'buy' stance, saying that the Primark business is 'still at an early chapter'. "We believe AB Foods should trade on a higher multiple because of the structural growth story at Prima
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read moreLondon midday: Miners and fears about China provide drag
25th Feb 2014 11:30
- Concerns about China weigh heavy - Miners drag FTSE lower - Strong UK retail sales techMARK 2,897.56 -0.68% FTSE 100 6,806.47 -0.86% FTSE 250 16,467.74 -0.43% The FTSE was sitting firmly in the red by lunchtime today, falling back from yesterday's 14-year high as mining stocks dragged the index
Read moreTuesday broker round-up UPDATE
25th Feb 2014 08:40
African Barrick Gold: Canaccord Genuity raises target price from 205p to 315p and upgrades from hold to buy. Ashmore Group: Canaccord Genuity takes target price from 205p to 315p and downgrades from buy to hold. Associated British Foods: Jefferies increases target price from 2450p to 2600p retaini
Read moreFTSE 100 movers: Vodafone rises after completion of share consolidation
24th Feb 2014 14:17
Vodafone shares were higher following the completion of the sale of its stake in Verizon Wireless and the attendant share consolidation. The sale has reduced the value of the telecoms giant by nearly 51bn pounds. The firm also announced its intention to redeem approximately 3.5bn pounds of its own n
Read moreLondon open: Chinese data pushes stocks into the red
24th Feb 2014 08:20
- Rate of Chinese property price growth slows - Carney dismissed banks' capital requirement concerns - Bunzl jumps on strong results techMARK 2,898.44 +0.14% FTSE 100 6,823.97 -0.21% FTSE 250 16,449.66 -0.07% Disappointing data out from China overnight pushed the FTSE firmly into the red this mor
Read moreMonday broker round-up UPDATE
24th Feb 2014 08:15
Associated British Foods: Numis downgrades from reduce to sell with a target price of 2240p. Panmure Gordon raises target price from 2500p to 2760p and maintains a hold recommendation. Jefferies increases target price from 2450p to 2600p and keeps a hold recommendation. Aviva: JP Morgan shifts targ
Read moreLondon pre-open: FTSE drops after Chinese property data disappoints
24th Feb 2014 07:20
- Chinese property growth slower than predicted - Focus on Eurozone CPI reading - Additional 2trn dollar target set by G20 for economic growth The FTSE is set to register a decline early on, dragged by a drop seen in Asia stocks overnight after Chinese property data showed a slower-than-expected ri
Read moreAssociated British Foods expects in-line first half profits
24th Feb 2014 07:05
- Operating profit to be in line with 2013 - Strong Primark sales mitigate poor sugar performance - Grocery and Ingredients revenues improve Associated British Foods (ABF) said it expects first half adjusted operating profit to be in line with 2013 as a slump in the Sugar business was offset by a s
Read moreLondon close: Markets subdued ahead of policy decisions, US jobs report
5th Feb 2014 16:43
- Economic data from across the globe fails to impress - Policy decisions, US non-farm payrolls being watched - Tullow jumps on bid speculation, AB Foods and RSA rise strongly - Hargreaves Lansdown drops sharply after H1 report techMARK 2,745.01 -0.04% FTSE 100 6,457.89 +0.13% FTSE 250 15,561.38 +0
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