Credit Suisse sharply lowers price target for Aggreko
4th Nov 2014 12:52
Additions by Aggreko to its capacity for distributed generation (DG) could see the company's addressable market for Power Projects shrink at a compound annual growth rate (CAGR) of 3% to 2020. That is far less than the 14% CAGR forecast by Aggreko, which for analysts at Credit Suisse should be the '
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreWednesday broker round-up UPDATE
24th Sep 2014 09:15
Aggreko: Morgan Stanley ups target price from 1350p to 1375p, while leaving its underweight rating unaltered. Alliance Pharma: Canaccord Genuity lowers target price from 35p to 33p reiterating its hold recommendation. Close Brothers Group: UBS moves target price from 1420p to 1430p and keeps a neut
Read moreLondon open: UK stocks at two-month high as Ashtead, Vodafone gain
3rd Sep 2014 09:11
- HSBC China services PMI jumps to 17-month high - Investors digest weak Eurozone services data, await UK figures - Ashtead ups full-year view after strong Q1 - Vodafone rises on takeover speculation techMARK 2,871.10 +0.42% FTSE 100 6,869.21 +0.59% FTSE 250 15,990.24 +0.16% UK stocks were trading
Read moreSerco reports poor H1 trading but cuts debt
12th Aug 2014 07:54
Troubled support services group Serco reported "poor" first half trading and predicted challenges ahead, but said it had reduced net debt and appointed a new finance chief. Serco won less work during the period and said previously higher-than-average margin work fell in volume or was lost on re-bid
Read moreThursday broker round-up UPDATE
7th Aug 2014 09:42
Afren: Oriel cuts target price from 145p to 125p, while upgrading from hold to buy. Canaccord Genuity moves from hold to a speculative buy with a target price of 120p. Aggreko: Morgan Stanley raises target price from 1300p to 1350p, while leaving its underweight rating unaltered. Clinigen: N+1 Sin
Read moreWednesday tips round-up: Aggreko, Rotork
6th Aug 2014 10:37
Temporary power provider Aggreko's fortunes seem to have turned a corner but its shares are not inexpensive at the moment, writes The Times's Tempus. Sales at its power projects division increased by 14% at the half year stage as demand from several countries recovered after recent weakness. Well, i
Read moreWednesday broker round-up UPDATE
6th Aug 2014 10:20
Aggreko: Jefferies raises target price from 1800p to 2000p and keeps a buy recommendation. Investec ups target price from 1650p to 1700p and leaves its hold recommendation unchanged. Avingtrans: FinnCap cuts target price from 170p to 155p downgrading from buy to hold. Aviva: Jefferies initiates wi
Read moreFTSE 100 movers: Meggitt disappoints with falling profits, airlines drop
5th Aug 2014 14:50
Shares in Meggitt dropped sharply after it said profits dropped in the first half, reflecting the impact of currency headwinds and disposals on revenue. Underlying pre-tax profit sank 21% to £143.8m, well below analysts' forecasts. Airline peers IAG and Easyjet were reeling in afternoon trade on ru
Read moreLondon midday: UK stocks bounce despite mixed earnings
5th Aug 2014 11:57
- Aggreko, Standard Life, Old Mutual rise after results - Meggitt, IHG and Fresnillo disappoint - UK services PMI, Eurozone retail sales beat forecasts - Chinese services PMI drops to key 50-point mark techMARK 2,734.64 -0.25% FTSE 100 6,702.33 +0.37% FTSE 250 15,370.24 +0.05% UK stocks advanced o
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreLondon open: Stocks snap four-day losing streak despite weak Chinese data
5th Aug 2014 09:07
- Aggreko, Standard Life and Old Mutual impress with results - Meggitt, IHG and Fresnillo disappoint - Chinese services sector stagnates techMARK 2,742.52 +0.04% FTSE 100 6,708.32 +0.46% FTSE 250 15,415.40 +0.34% Strong gains from Aggreko, Standard Life and Old Mutual helped the FTSE 100 higher on
Read moreLondon pre-open: Gains expected, but Chinese services data weak
5th Aug 2014 07:48
UK stocks are expected to register small gains on Tuesday morning following four consecutive declines, though upside is likely to be limited following a deterioration in Chinese economic data overnight. City sources predict the FTSE 100 will open around 11 points higher than Monday's close of 6,677
Read moreAggreko hit by FX in first half but underlying growth on track
5th Aug 2014 07:43
- Trading profit down 10% due to FX - Underlying trading profit up 6% - Full-year guidance unchanged Temporary power and temperature control group Aggreko said its financial results for the first half reflecting a "significant adverse impact" from currency movements, though its full-year guidance r
Read moreTuesday preview: Aggreko and Intercontinental Hotels
4th Aug 2014 15:38
A hectic earnings session on Tuesday is in store for markets with a batch of results from companies including Aggreko and InterContinental Hotels. Half-year results from temporary power firm Aggreko are expected to reflect the impact of foreign exchange headwinds. Most of Aggreko's power supply
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