Thursday preview: Euromoney, WS Atkins, Invensys
14th Nov 2012 17:58
Full year results from business publisher and exhibitions organiser Euromoney on Thursday will be the first update from the company since the untimely last month from cancer of Chairman Padraic Fallon. In September, the group said it had been trading in line with expectations which had, in turn, be
Read moreSunday newspaper round-up: Lloyds, Government spending, Google
4th Nov 2012 10:43
Lloyds is plotting to raise 1bn pounds through a sale of its 60 per cent stake in Britain's biggest chain of financial advisers. The bank's majority holding in St James's Place Wealth Management could be placed with investors in the market before the year-end. Antonio Lorenzo, the bank's strategy di
Read moreTuesday broker round-up
9th Oct 2012 09:05
3i Group: Morgan Stanley raises target from 221p to 233p, equal weight rating kept. Aberdeen Asset Management: Morgan Stanley raises target from 315p to 365p, overweigh rating kept. Aggreko: HSBC downgrades to neutral. Alternative Networks: Westhouse upgrades to strong buy. ASOS: Panmure Gordon
Read moreBroker tips: Tesco, IMI, WS Atkins
5th Oct 2012 10:49
The strategic problems at Tesco are getting worse, according to Investec, which still recommends to sell shares in the supermarket giant. Investec said that Tesco's strategy needs a "major overhaul". The broker has kept its 295p target price on the shares, saying that the risk remains on the downsi
Read moreBroker snap: Panmure upbeat about WS Atkins despite West Coast involvement
5th Oct 2012 10:46
Shares in engineering and design consultancy WS Atkins were hit on Friday on concerns about the company's involvement in the high-profile West Coast franchising fiasco. According to a report in The Times, Atkins acted as a technical advisor to the Department for Transport on the West Coast refranch
Read moreFriday broker round-up
5th Oct 2012 08:19
Anglo American: AlphaValue upgrades from add to buy. Betfair: Panmure Gordon cuts target from 1,000p to 977p, buy rating kept. BHP Billiton: AlphaValue downgrades from add to reduce. Burberry: Morgan Stanley upgrades to overweight, target kept at 1,190p; UBS keeps neutral rating and 1,170p target
Read moreThursday broker round-up - UPDATE
4th Oct 2012 07:57
BHP Billiton: Morgan Stanley cuts target from 2,180p to 2,100p, overweight rating kept. BTG: Deutsche Bank raises target from 384p to 394p, buy rating kept. Capita: Panmure Gordon keeps hold rating and 620p target. Carillion: Seymour Pierce keeps buy rating and 395p target; Panmure Gordon maintai
Read moreBroker tips: Hargreaves Services, Drax, WS Atkins
26th Sep 2012 17:14
Analysts at Westhouse Securities have lowered their price target on the shares of mining and logistics group Hargreaves Services following its results for the year to May 2012. These were in line with expectations, but were overshadowed by the discovery of gas leaks at Malty and the consequent poten
Read moreLondon close: Pain in Spain again
26th Sep 2012 16:57
Stock markets all over the world were in retreat on Wednesday, and London was no exception, as investors fretted about Spain's negotiations over bailout terms. Spain will restrict early retirement programmes as one of the new measures that President Rajoy will announce during the 2013 budget presen
Read moreWS Atkins sticks to full year guidance
26th Sep 2012 07:36
FTSE 250 engineering firm WS Atkins said its performance in the second quarter has not changed since its update at the start of August and it remains on track to meet expectations for the year. The UK focused design and engineering consultancy company, which has invested heavily in growth markets t
Read moreAtkins wins Network Rail contracts
6th Aug 2012 07:14
Atkins, the FTSE 250 engineering firm, has won the signalling and power and distribution contracts for the Cardiff Area Signalling Renewal project. Network Rail has set Atkins a target of delivery by 2015, in return the company expects to receive revenues of £64m. Atkins will design and implement
Read moreAtkins CEO doubles shares after profit warning
3rd Aug 2012 16:45
Dr Uwe Krueger, the Chief Executive Officer of WS Atkins, the FTSE 250 design and engineering consultancy, doubled his stake in the company on the same day it was forced to issue a profit warning. Kruegar, who has occupied his role for one year, added another 10,000 shares to his previous holding
Read moreThursday broker round-up
2nd Aug 2012 10:00
Aggreko: Investec keeps buy rating and 2,520p target. Antofagasta: UBS lifts tagged from 850p to 870p, sell rating unchanged. BAE Systems: Investec maintains hold rating and 290p target. Drax: AlphaValue downgrades to reduce. ENRC: UBS cuts tagged from 640p to 615p, buy rating maintained. Filtr
Read moreMonday broker round-up - UPDATE
18th Jun 2012 08:20
Anglo American: UBS cuts target from 3,260p to 3,100p, buy recommendation maintained. Barclays: AlphaValue downgrades from buy to add, target kept at 230.2p; Nomura keeps neutral rating and 268p target. British American Tobacco: Citigroup retains buy rating. Essar Energy: Citigroup initiates cove
Read moreFriday tips round-up: WS Atkins, WH Smith
15th Jun 2012 07:52
Engineering consultancy WS Atkins continues to reallocate resources into new, growth markets to keep its trading resilient through the downturn. The strategy is working. Contractors such as Atkins, which provides consulting, design and management services for large infrastructure projects, have had
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