Panmure lifts Ashtead forecasts after 'another sparkling update'
4th Mar 2014 10:11
Panmure Gordon has raised its target price for Ashtead from 971p to 1,047p and retained its 'buy' rating, following 'another sparkling update' from the equipment rental business. The company reported a bumper set of third-quarter earnings, driven by a strong performance from its two main divisions,
Read moreTuesday broker round-up UPDATE
4th Mar 2014 09:37
Abcam: Numis cuts target price from 560p to 510p downgrading from add to hold. Amlin: Deutsche Bank shifts target price from 484p to 491p and keeps a hold recommendation. Arrow Global: Canaccord Genuity shifts target price from 300p to 309p maintaining a buy recommendation. Numis moves target pric
Read moreLondon open: Stocks bounce but Ukraine crisis still in focus
4th Mar 2014 08:31
- Markets recover after sell-off - Putin orders troops back to bases - Ashtead, Glencore Xstrata impress with results - Fresnillo disappoints as profits slump techMARK 2,891.69 +1.38% FTSE 100 6,775.50 +1.00% FTSE 250 16,559.83 +1.13% UK stocks bounced strongly on Tuesday morning as sentiment reco
Read moreAshtead lifts full-year target after strong demand - UPDATE
4th Mar 2014 07:06
- Full-year results expected to top previous expectations - Strong demand from UK and US - Third quarter profit leaps 54 per cent FTSE 100 equipment rental business Ashtead reported a bumper set of third quarter earnings, driven by a strong performance from its two main divisions, and now expects f
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreMonday broker round-up UPDATE
20th Jan 2014 08:41
Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreLondon close: UK markets hit two-month high as banks gain
7th Jan 2014 16:24
- FTSE 100 at highest level since November 4th - Eurozone inflation ramps up interest-rate speculation - Banks helped by funding data - IAG reports strong December traffic figures techMARK 2,789.43 -0.10% FTSE 100 6,755.45 +0.37% FTSE 250 16,069.19 +0.12% UK markets finished with decent gains on
Read moreBroker tips: Ashtead, Aberdeen, Dunelm
7th Jan 2014 11:39
Jefferies has raised its target price for equipment rental firm Ashtead from 880p to 900p and kept a 'buy' recommendation, citing the company's significant growth potential in the US. "With just 6% share of fragmented $33bn US equipment rental market, we believe by opening 50 additional branches p
Read moreLondon midday: Stocks gain, ECB in focus as inflation eases
7th Jan 2014 11:31
- Eurozone inflation eases to 0.8 per cent - ECB in focus ahead of meeting on Thursday - Banks lift Footsie into positive territory techMARK 2,796.28 +0.14% FTSE 100 6,761.20 +0.45% FTSE 250 16,076.04 +0.17% After a slow start, markets pushed into positive territory by Tuesday lunchtime as an unex
Read moreBroker snap: Jefferies bullish on Ashtead's US growth prospects
7th Jan 2014 08:53
Jefferies has raised its target price for equipment rental firm Ashtead, citing the company's significant growth potential in the US. The broker lifted its target for the shares from 880p to 900p and kept a 'buy' recommendation. Ashtead, which rents out construction and industrial equipment across
Read moreLondon open: Markets flat as investors await Eurozone CPI
7th Jan 2014 08:18
- Eurozone CPI data in focus ahead of ECB meeting - US jobs report to be closely watched - Jefferies lifts Ashtead, ITV and BSkyB early on - Dunelm falls after Q2 sales update techMARK 2,791.39 -0.03% FTSE 100 6,728.37 -0.04% FTSE 250 16,030.92 -0.11% UK markets opened flat once again on Tuesday m
Read moreLondon open: Markets lower after China data, but Next surges
3rd Jan 2014 08:16
- China services PMI eased in December - Markets on look-out for plenty of economic data - Next raises profit guidance - House of Fraser planning London listing techMARK 2,768.12 -0.15% FTSE 100 6,704.72 -0.20% FTSE 250 15,862.80 -0.35% UK markets opened slightly lower again on Friday as worsening
Read moreAshtead Group prices notes offering after strong demand
12th Dec 2013 08:12
Ashtead Group has announced an increased offering of notes, the proceeds of which will be used to repay a portion of debt as well as related fees and expenses. The pricing of the 6.5% notes was increased to $400m, having previously been set at $300m, following strong demand from shareholders. As
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