Thursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreLondon midday: Stocks pull back after strong gains, earnings and data in focus
5th Mar 2014 11:34
- Economic data, China targets closely watched - Ukraine crisis still in focus - Admiral jumps, Melrose sinks - Credit Suisse takes down housebuilders techMARK 2,905.24 -0.55% FTSE 100 6,782.33 -0.61% FTSE 250 16,619.55 -0.48% UK stocks fell on Wednesday as investors focused on a string of import
Read moreLondon open: Stocks edge lower as investors await data
5th Mar 2014 08:28
- Stocks pull back after strong rise - Tensions ease between Russia and Ukraine - Investors await host of economic data techMARK 2,915.70 -0.19% FTSE 100 6,810.51 -0.19% FTSE 250 16,667.83 -0.19% UK markets opened slightly lower on Wednesday morning as investors watched geopolitical developments
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 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 moreLondon close: Miners drag FTSE into the red on concerns over China
25th Feb 2014 17:09
- Miners drag FTSE into red - Feb US consumer confidence falls - EU expects mild euro area recovery techMARK 2,903.08 -0.49% FTSE 100 6,830.50 -0.52% FTSE 250 16,527.88 -0.07% Stocks eased back from some of the session's earlier losses, but still ended the day on a downbeat note as miners weighed
Read moreFTSE 250 movers: Ashmore dives as profits sink by a third
25th Feb 2014 15:30
Asset manager Ashmore was at the bottom of the pile after its first-half profits fell by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The news prompted Canaccord to downgrade the stock to 'hold
Read moreCanaccord downgrades Ashmore to 'hold' after disappointing interims
25th Feb 2014 12:13
Below par interim results at Ashmore have led to a downgrade by Canaccord to "hold". Describing the numbers, which came in at 25% below consensus, as "lacklustre", the broker reduced its target price to 325p. Canaccord said that Ashmore's assets under management are more or less maintained and "gi
Read moreBroker tips:St.James Place, Croda, Ashmore
25th Feb 2014 11:50
Shore Capital has reiterated its 'buy' stance on financial advisory firm St James's Place after the company reported an 'excellent' set of final results. The broker, which set a price target 795p, said 2013 results highlight that "in financial terms the company is going from strength to strength",
Read moreAshmore upbeat on emerging markets despite tough half year
25th Feb 2014 08:28
Asset manager Ashmore saw first half profits dive by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The group sought to underline its confidence on outlook by hiking the interim payout. For
Read moreMonday broker round-up UPDATE
17th Feb 2014 08:23
Aberdeen Asset Management: Goldman Sachs lowers target price from 600p to 540p, while its buy recommendation is kept. Anglo American: Deutsche Bank cuts target price from 1500p to 1460p, while leaving its hold recommendation unchanged. Credit Suisse raises target price from 1650p to 1900p upgrading
Read moreFTSE 250 movers: Balfour Beatty boosted by RBC upgrade
5th Feb 2014 14:14
Infrastructure services group Balfour Beatty was among the best performers on the FTSE 250 on Wednesday after RBC Capital Markets upgraded its rating by two notches from 'underperform' to 'outperform', saying that the stock is geared to the recovery in the UK. "We believe that the outlook in its en
Read moreLondon midday: AB Foods and RSA lead markets higher
5th Feb 2014 11:21
- Upside limited after UK, Eurozone data disappoints - Investors cautious ahead of US data, policy decisions - AB Foods rises, RSA appoints Hester as CEO - Hargreaves Lansdown drops after H1 results techMARK 2,756.02 +0.36% FTSE 100 6,465.16 +0.25% FTSE 250 15,589.91 +0.32% UK markets snapped a fi
Read moreWednesday broker round-up UPDATE
5th Feb 2014 09:04
Afren: Westhouse Securities ups target price from 165p to 180p retaining a buy recommendation. Amlin: Nomura lowers target price from 467p to 442p maintaining a neutral rating. ARM Holdings: Jefferies reduces target price from 1300p to 1140p, while keeping a buy recommendation. Deutsche Bank cuts
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