Tuesday broker round-up UPDATE
27th Nov 2012 07:19
Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3
Read moreMonday broker round-up UPDATE
19th Nov 2012 07:34
Aquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreTuesday broker round-up - UPDATE
13th Nov 2012 07:11
Aveva Group: UBS raises target price from 1740p to 1810p and downgrades from neutral to sell. Balfour Beatty: Berenberg downgrades from buy to hold. Bovis Homes Group: Deutsche Bank raises target price from 578p to 599p and maintains buy rating. BTG: Deutsche Bank raises target price from 394p to
Read moreTuesday tips round up: Aveva, Wincanton and Bovis Homes
13th Nov 2012 06:43
Tempus in The Times says that the launch last month of Aveva Group's Everything3D product is its most significant since the first computer-aided design software was unveiled in 1973, six years after the company was spun out of Cambridge University. Aveva is one of those British-based global leaders
Read moreMonday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
Read moreAVEVA reports solid first half, lifts dividend
12th Nov 2012 07:30
AVEVA which provide engineering data and designs IT systems, scored solid half year profit gains after a robust overseas performance, in particular Asia Pacific. The Cambridge based group, which makes software for designing industrial structures like oil rigs, said pre-tax profit increased to £25.8
Read moreLondon pre-open: Eurozone uncertainty to hit stocks early on
15th Oct 2012 07:23
London's FTSE 100 index is expected to open slightly lower on Monday morning on the back of concerns over Eurozone finances. City sources predict that the Footsie will open down around eight points from Friday's close of 5,793. "Corporate earnings are likely to take a back seat this week ahead of
Read moreAVEVA on track in first half
15th Oct 2012 07:00
AVEVA, the engineering data and IT systems group, said it has made 'good progress' in the first half, seeing solid revenue growth despite the impact of adverse foreign exchange rate movements. In its trading update for the six months to September 30th, the company said that, as usual, the financial
Read moreWednesday newspaper round-up: Arctic oil, patents, SNB ...
26th Sep 2012 07:15
French oil giant Total has warned against drilling for oil in the Arctic, the FT reports. Christophe de Margerie, Total's chief executive, told the Financial Times the risk of an oil spill in such an environmentally sensitive area was simply too high. 'Oil on Greenland would be a disaster,' he said
Read moreWednesday broker round-up
15th Aug 2012 09:47
AB Foods: UBS raises target from 1,330p to 1,400p, buy rating unchanged. AVEVA: Jefferies ups target from 1,800p to 2,300p, buy recommendation maintained. Balfour Beatty: Investec maintains sell rating and 210p target. CLS Holdings: Peel Hunt ups target from 639p to 720p, hold rating kept. CRH:
Read moreAdvanced Computer Software Chairman sells 445,000 shares
25th Jul 2012 16:16
Michael Jackson, the Chairman of Advanced Computer Software Group, sold 445,376 ordinary shares in the healthcare and business management software company at a price of 55p per share. The £244,957 sale, which was made for "personal reasons", takes Jackson's total stake in the company to just under
Read moreAVEVA reports steady progress
12th Jul 2012 09:25
AVEVA Group, the global provider of engineering data and design information technology systems, says it has seen no change in its demand environment since the end of March. The firm was keen to emphasise the performance of the Oil & Gas sector, which it said has remained particularly strong, drive
Read moreLondon close: US jobs data sinks stocks
6th Jul 2012 16:41
- US non-farm payrolls disappoint - Miners drag the Footsie lower - IMF to cut global GDP forecast After treading water for the morning session, the Footsie dropped in afternoon trade after a disappointing employment report from the US dampened the outlook for the global economy. The US Labor Depa
Read moreFTSE 250 movers: AVEVA in top spot after upgrade
6th Jul 2012 13:31
Engineering software firm AVEVA was a high riser after Berenberg upgraded the stock to 'buy' and lifted its target price from 1,660p to 1,927p. Support services firm Carillion was a heavy faller after UBS downgraded the stock from 'neutral' to 'sell' and cut its target price from 285p to 230p. UBS
Read moreLondon midday: Stocks fall as investors shrug off central bank action
6th Jul 2012 11:37
- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal The Footsie was trading within a narrow range on Friday morning as investors showed caution ahead of a pivotal employment report due out in the US in the coming hours. Stocks o
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