Monday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreBroker snap: Aggreko's buy rating reiterated by Deutsche Bank
12th Sep 2013 14:15
Aggreko's 'buy' rating was reiterated by Deutsche Bank in a note to investors on Thursday, as the broker said it expects the temporary power generation company to achieve improved contract conversion in 2014. The analyst said contracts in power projects have been hard to come by in the past year bu
Read moreLondon midday: Stocks flat after recent gains
12th Sep 2013 11:31
UK markets were trading broadly flat on Thursday morning as investors digested recent developments in Syria some disappointing industrial production figures from the Eurozone. Traders were also showing caution as eyes begin to turn to the upcoming policy meeting at the Federal Reserve. The FTSE 1
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreLondon midday: Markets cautious ahead of risk events, Syria action
4th Sep 2013 11:26
Traders adopted a cautious approach on Wednesday morning with UK stocks registering losses in morning trade ahead of a number of 'risk events' later in the week which have the potential to spark market volatility. Fears about impending US military action in Syria also hit investor sentiment today a
Read moreLondon open: Potential strike on Syria worries investors early on
4th Sep 2013 08:32
Stocks declined on Wednesday morning on concerns over an imminent Western military intervention in Syria, with investors also choosing to scale back positions ahead of a number of 'risk events' later on in the week. The Senate Foreign Relations Committee last night gave the green light on a US atta
Read moreFTSE 100 movers: Croda International, WPP, Aggreko
23rd Aug 2013 14:03
Specialty chemical maker Croda International surged after Deutsche Bank upgraded the stock to 'buy' from 'hold' on expectations that top-line growth will pick up. WPP rallied after the advertising agency said its data investment business Kantar acquired The Benenson Strategy Group, a research and c
Read moreThursday broker round-up UPDATE
22nd Aug 2013 07:25
Aggreko: RBC Capital reduces target price from 1850p to 1680p, while its neutral rating remains unchanged. Aviva: JP Morgan raises target price from 393p to 436p and retains an overweight rating. BHP Billiton: Canaccord Genuity takes target price from 1950p to 2050p maintaining a hold recommendati
Read moreLondon close: Markets surge on upbeat data, policy decisions
1st Aug 2013 16:43
Markets rose strongly on Thursday as investors reacted to dovish comments from central banks across the globe, upbeat economic data and well-received results from UK banking group Lloyds. The FTSE 100 finished 61 points higher at 6,682 today, rising to levels not seen since the end of May. "The th
Read moreLondon midday: Markets rise with central banks in focus
1st Aug 2013 11:43
Stocks were making decent gains on Thursday morning, helped by some dovish remarks from the Federal Reserve and some stronger-than-expected data from China, with Lloyds leading the FTSE 100 higher after its first-half results. It's been a busy week on the macro-economic calendar with policy decisio
Read moreBroker tips: Lloyds, Aggreko, BAE Systems
1st Aug 2013 11:08
Canaccord Genuity has placed its 'neutral' rating and target price for Lloyds under review, highlighting the possibility of a dividend next year given the bank's optimistic outlook in its first-half results. The broker said that its 'neutral' recommendation had been based on the assumption that the
Read moreBroker snap: Aggreko's a tough call, says Investec
1st Aug 2013 10:41
Investec has retained its 'add' recommendation and 1,900p target price for temperature control and power supply company Aggreko, but admitted that it is a 'tough stock to call'. Aggreko's share price slumped on Thursday morning after the firm said that group revenue rose 4.0% in the first half but
Read moreLondon open: Lloyds leads FTSE 100 higher early on
1st Aug 2013 08:56
Upbeat Chinese data and some impressive first-half results from Lloyds helped boost markets on Thursday morning, though the focus is likely to turn to central-bank decisions in the UK and Europe later on. "With the Bank of England and European Central Bank likely to announce uneventful policy decis
Read moreLondon pre-open: Chinese data to provide a lift early on
1st Aug 2013 07:44
Markets are expected to open higher on Thursday morning ahead of central-bank policy decisions from the UK and Europe this afternoon, with sentiment helped early on by some upbeat data from China. City sources predict the FTSE 100 will open up 20 points from yesterday's close of 6,621. Growth in
Read moreAggreko's half-year profits slide on weak trading of Power Projects
1st Aug 2013 07:14
Aggreko, which supplies temporary power and temperature control, reported a two per cent drop in pre-tax profits to 144m pounds for the first six months due to poor trading its in Power Projects business. The Power Projects division's flat revenues and weak margins dragged down the group's overall
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