Tuesday broker round-up UPDATE
22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read moreThursday broker round-up UPDATE
17th Jul 2014 11:07
Antofagasta: Canaccord Genuity cuts target price from 870p to 835p and maintains a hold recommendation. African Minerals: Canaccord Genuity reduces target price from 230p to 170p and keeps a buy recommendation. Ashmore Group: Goldman Sachs downgrades to neutral with a target price of 430p. Barcla
Read moreWednesday broker round-up UPDATE
16th Jul 2014 09:00
Alent: Liberum Capital initiates with a target price of 400p and a buy recommendation. APR Energy: Citi reduces target price from 1350p to 650p and downgrades to neutral. ARM Holdings: FinnCap upgrades from hold to buy with a target price of 1000p. Ashmore Group: Numis ups target price from 350p
Read moreFriday tips round-up: Premier Oil, Ashmore
11th Jul 2014 08:59
Things seem to be looking up for oil exploration outfit Premier Oil. Its latest trading statement confirmed that it was on track to hit an average level of production of between 58,000 and 63,000 barrels a day this year. In fact, there is every chance that target will be beat. Under its new Chief Ex
Read moreFTSE 250 movers: Ashmore lifted by strong set of fourth quarter results
10th Jul 2014 15:52
Much stronger net inflows and a better investment performance helped emerging markets asset manager Ashmore beat consensus forecasts for fourth-quarter assets under management and arrest the previous quarter's decline. Assets under management increased 7% during the quarter to $75bn, having declined
Read moreLondon midday: Stocks fall for fourth straight day as BoE holds rates
10th Jul 2014 12:20
- FOMC minutes remove taper uncertainty - BoE decides to hold policy - Burberry gains, Barratt and AB Foods give up gains - Financials and airlines fall techMARK 2,759.10 -0.83% FTSE 100 6,659.30 -0.87% FTSE 250 15,358.40 -1.23% After a slow start, UK stocks sunk sharply into the red by Thursday l
Read moreAshmore assets boosted by higher-than-expected inflows
10th Jul 2014 09:30
Much stronger net inflows and a better investment performance helped emerging markets asset manager Ashmore beat consensus forecasts for fourth-quarter assets under management and arrest the previous quarter's decline. Assets under management increased 7% during the quarter to $75.0bn, having decl
Read moreLondon open: Central banks in focus as UK stocks open flat
10th Jul 2014 08:34
- FOMC minutes remove taper uncertainty - BoE policy decision due out at noon - Burberry, Barratt and AB Foods impress - LSE drops as Qatar cuts stake techMARK 2,785.94 +0.14% FTSE 100 6,722.04 +0.06% FTSE 250 15,553.32 +0.02% UK stocks opened more or less flat on Thursday as investors kept a clos
Read moreThursday broker round-up UPDATE
5th Jun 2014 09:37
Aberdeen Asset Management: Liberum Capital initiates with a target price of 555p and a buy recommendation. Ashmore Group: Liberum Capital starts with a target price of 303p and a sell recommendation. ASOS: N+1 Singer places both its target price (prev.: 4100p) and its hold recommendation under rev
Read moreBroker tips: Glencore Xstrata, Tesco, ARM Holdings...
14th Apr 2014 12:11
Investec has kept a 'reduce' rating on Glencore Xstrata but said that the 5.85bn-dollar sale price of its Las Bambas copper project in Peru was ahead of its 5.5bn-dollar forecast. "Until the transaction is finalised, we would expect Glencore Xstrata to be cautious on advancing new significant trans
Read moreUBS downgrades asset manager Ashmore, prefers Henderson
14th Apr 2014 10:22
Ashmore and Henderson are the two most expensive asset managers, according to UBS, which downgraded its rating on the former from 'buy' to 'neutral' on Monday. UBS said it remains positive on the emerging markets-focused group's fundamentals, though "the valuation is now demanding for an asset clas
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreAshmore sees AuM decline amid emerging-market volatility
10th Apr 2014 08:03
- AuM down 6.9 per cent - AuM at 70.1bn by March 31st - Outlook more positive than a year ago Emerging markets asset manager Ashmore reported a seven per cent decline in assets under management (AuM) during its third quarter, but said it is "more positive" on the outlook that at the same time last
Read moreFriday broker round-up UPDATE
4th Apr 2014 10:07
African Minerals: Deutsche Bank reduces target price from 382p to 335p, while its buy recommendation remains unchanged. Arrow Global: Canaccord Genuity moves target price from 309p to 318p and keeps a buy recommendation. Ashmore Group: JP Morgan takes target price from 344p to 351p and maintains a
Read moreWednesday broker round-up UPDATE
26th Mar 2014 08:51
Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene
Read more