Thursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreThursday broker round-up UPDATE
13th Jun 2013 07:01
African Barrick Gold: Citi moves target price from 175p to 124p and maintains a sell recommendation. ASOS: Nomura raises target price from 2970p to 3400p keeping a neutral rating. Exane increases target price from 4200p to 5000p and retains its outperform rating. Citi ups target price from 4400p to
Read moreWednesday broker round-up UPDATE
12th Jun 2013 07:55
Aberdeen Asset Management: Canaccord Genuity cuts target price from 460p to 440p, while leaving its buy recommendation unchanged. ASOS: Canaccord Genuity downgrades to hold with a target price of 3400p. BT Group: Credit Suisse increases target price from 300p to 350p and maintains an outperform ra
Read moreASOS quarterly sales soar
12th Jun 2013 07:24
Online fashion retailer ASOS revealed an impressive 45 per cent increase in total year-on-year quarterly retail sales and expects full year results to be in line company expectations. Total retail sales surged to £194m for the three months to May 31st 2013 from £134m for the same period a year earl
Read moreMonday broker round-up UPDATE
10th Jun 2013 07:34
ASOS: HSBC Holdings increases target price from 3660p to 4380p and keeps an overweight rating. Bellway: Deutsche Bank raises target price from 1482p to 1503p and reiterates a hold recommendation. Betfair Group: Citi ups target price from 880p to 950p, upgrading from neutral to buy. Capco: UBS inc
Read moreWednesday broker round-up UPDATE
5th Jun 2013 09:34
Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation. Alternative Networks: Investec revises target price from 350p to 390p keeping a buy recommendation. API Group: Numis upgrades to add with a target price of 75p. Ashmore Group: UBS lowers t
Read morePrimark makes first foray online through Asos
4th Jun 2013 08:42
Primark has launched its first online venture with the sale of a range of 20 garments through internet fashion retailer Asos. The company, owned by Associated British Foods (ABF), will collaborate with Asos for a limited period before developing its own website. It will sell a compact collection o
Read moreBroker tips: Ocado, ASOS, BT Group
10th May 2013 13:58
Following today´s AGM statement from on-line grocer Ocado analysts at Panmure Gordon believe there is an increased chance that it will reach a deal with peer Morrison. On the basis that this new revenue stream is worth as much as 'core' Ocado then the company´s valuation ought to be twice what it i
Read moreBroker snap: ASOS is in a 'sweet' spot, UBS says
10th May 2013 13:47
'Better impossible' may be the most apt title for UBS´s research note on Friday morning for retailer ASOS, except for the fact that it could conceivably get even better. In their own words, "ASOS is in a structural sweet-spot, with global exposure to the fastest growing segment of the clothing mar
Read moreTuesday broker round-up UPDATE
30th Apr 2013 08:20
Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigrou
Read moreASOS confident for remainder of year
30th Apr 2013 08:07
Online fashion retailer ASOS delivered an increase in first half profit and retail sales and said it is on track to meet full year targets. Retail sales increased 34% to £352.3m for the six months ended February 28th 2013 after 26% growth in UK retail sales and 39% growth in International retail sa
Read moreSunday share tips: ASOS, AB Foods, Archipelago Resources
28th Apr 2013 17:22
Internet fashion retailer ASOS is in fashion and will continue to be so for some time to come. Yes, the company´s latest trading statement - due out on Tuesday - is likely to show that gross margins suffered this past fall and winter as the outfit "invested" in more customer traffic via price reduct
Read moreASOS announces retirement of International Director
24th Apr 2013 10:31
Online fashion retailer ASOS said its International Director Jon Kamaluddin is stepping down from the board after nine years with the company. The group has started looking for a successor. Kamaluddin has agreed to ensure smooth handover before his departure by December 2013. Chief Executive Offic
Read moreMonday broker round-up UPDATE
8th Apr 2013 07:21
Aberdeen Asset Management: Jefferies takes target price from 400p to 420p maintaining a hold recommendation. Admiral Group: Credit Suisse increases target price from 1320p to 1351p keeping a neutral rating. Antofagasta: Investec moves target price from 958p to 934p keeping a sell recommendation.
Read moreTuesday broker round-up UPDATE
2nd Apr 2013 08:28
Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price
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