Wednesday broker round-up UPDATE
20th Nov 2013 08:46
Afren: Liberum Capital raises target price from 197p to 232p and maintains a buy recommendation. AstraZeneca: Berenberg cuts target price from 3472p to 3430p reiterating a hold recommendation. AVEVA Group: Liberum Capital reduces target price from 2350p to 2250p and keeps its hold recommendation.
Read moreLondon close: Stocks rise ahead of FOMC minutes as Aberdeen surges
18th Nov 2013 16:23
- Aberdeen leads financials higher after SWIP purchase - Petrofac plummets on cautious outlook - Fed speculation ramps up ahead of FOMC minutes techMARK 2,653.19 +0.15% FTSE 100 6,723.46 +0.45% FTSE 250 15,290.48 +0.29% UK markets posted decent gains on Monday with the financial sectors providing
Read moreFTSE 250 movers: AVEVA hit by Panmure Gordon comments
18th Nov 2013 15:57
Share in AVEVA were lower despite a broadly in-line set of first-half results after Panmure Gordon maintained its 'hold' rating for the engineering software firm, saying that the shares are still too expensive. Imagination Technologies was rising on reports that it today announced an IP combining a
Read moreBroker tips: Aberdeen, IAG, AVEVA
18th Nov 2013 11:34
Daniel Stewart & Company said that Aberdeen Asset Management remains one of its favoured stocks in the financial sector following Monday's acquisition of Scottish Widows Investment Partnership (SWIP) from Lloyds. Analyst Simon Willis said: "We believe this is a very good deal for ADN and despite to
Read moreBroker snap: AVEVA's valuation too steep, says Panmure Gordon
18th Nov 2013 10:28
Panmure Gordon has maintained its 'hold' rating for engineering software firm AVEVA in spite of a broadly in-line set of first-half results, saying that the shares are still too expensive. "Interim results feature 32% growth in cash generation - otherwise these were, as expected 'workmanlike' rathe
Read moreAveva's half-year profit and revenue rise
18th Nov 2013 09:25
- Pre-tax profit rises six per cent - Revenue up 11 per cent - Slow growth in Enterprise Solutions arm - Dividend raised 11 per cent Aveva Group, which supplies engineering data and design IT systems, reported a six per cent rise in pre-tax profit to 27.3m pounds in the first half. Revenue was up
Read moreMonday broker round-up UPDATE
18th Nov 2013 08:10
AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation
Read moreWednesday broker round-up UPDATE
2nd Oct 2013 08:02
Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold. Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating. Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation. Barclays: Soc
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreFriday broker round-up UPDATE
23rd Aug 2013 08:04
Afren: Canaccord Genuity cuts target price from 220p to 190p, while leaving its buy recommendation unaltered. AVEVA Group: Liberum Capital initiates with a target price of 2350p and a hold recommendation. Carillion: Numis reduces target price from 350p to 315p, while its hold recommendation remain
Read moreLondon close: FTSE 100 near seven-week high
15th Jul 2013 16:28
Decent gains in the financial sector boosted the FTSE 100 on Monday as markets welcomed in-line growth figures from China and record highs on Wall Street. The FTSE 100 finished 41 points higher at 6,586 today; the last time it closed higher was on May 30th when it reached 6,657. While the index cl
Read moreSector movers: Sage, AVEVA drag software sector lower
15th Jul 2013 14:58
Software stocks were in the red on Monday with steep falls from heavyweights Sage and AVEVA weighing on the sector as it pulled back from strong gains on Friday. Equities in the software sector rose at the end of last week after M&A activity prompted some bullish moves. Technology group Invensys co
Read moreFTSE 250 movers: Retailers gain as data shows increase in footfall
15th Jul 2013 13:54
Retail stocks were on shopping lists on Monday afternoon after data from the British Retail Consortium (BRC) showed that footfall inched 0.1 per cent higher in June, compared with a year ago. With the increase coming from High Street and out-of-town locations, retailers like SuperGroup, Sports Dir
Read moreThursday broker round-up UPDATE
11th Jul 2013 08:23
Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreLondon close: Stocks rise as investors shrug off IMF growth downgrade
9th Jul 2013 16:41
The FTSE 100 put in a decent performance on Tuesday, jumping around one per cent as investors shrugged off gloomy comments from the International Monetary Fund (IMF) and instead focused on progress in Greece and a strong start to US corporate earnings season. London's benchmark index finished the d
Read more