AG Barr toasts eight per cent interim revenue rise
5th Dec 2013 07:06
- Interim revenue improves on strong demand for brands - Revenue up 8.0 per cent, volumes up 6.4 per cent - Confident of meeting full-year targets Soft drinks firm AG Barr toasted a robust set of interim figures and, as it enters the key Christmas trading period, said it is confident of meeting fu
Read moreThursday broker round-up UPDATE
17th Oct 2013 09:45
AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu
Read moreFriday broker round-up UPDATE
27th Sep 2013 08:48
Admiral Group: Berenberg ups target price from 1060p to 1080p, but still recommends selling. Amlin: Berenberg reduces target price from 422p to 398p and downgrades to sell. Atkins (WS): JP Morgan increases target price from 1298p to 1348p and maintains an overweight rating. AZ Electronic Material
Read moreTuesday tips round-up: Wincanton, AG Barr, Aberdeen Asset Management
24th Sep 2013 07:17
Logistics and haulage group Wincanton has been in intensive care for some time. However, as it renews contracts with its biggest clients, its shares are worth watching, as the rating is in value territory. The company is well diversified, with 12 per cent of the group involved in construction, 13 pe
Read moreLondon midday: Stocks lower on German elections, US debt ceiling
23rd Sep 2013 11:18
Elections in Germany, an uncertain outlook for Federal Reserve monetary policy and a debate over the US debt ceiling weighed on markets on Monday morning, as traders shrugged off upbeat data from China and the Eurozone. The HSBC/Markit flash purchasing managers' index (PMI) for China's manufacturin
Read moreBroker tips: Aberdeen, AG Barr, Henry Boot, Dechra
23rd Sep 2013 11:16
Canaccord Genuity reiterated a 'buy' rating and target price of 440p for Aberdeen Asset Management after the investment company said that underlying profits should still come in at the higher end of analysts' forecasts despite volatile markets in the fourth quarter. "The current dynamics of slowly
Read moreBroker snap: A.G. Barr an 'add' on strong half-way figures, says Investec
23rd Sep 2013 09:33
Soft drinks maker A.G. Barr reported a strong first half as sales benefitted from a hot summer despite a fiercely competitive market, Investec said. The broker also noted the company's completion of a new production facility at Milton Keynes, which is expected to bolster growth in the second half.
Read moreMonday broker round-up UPDATE
23rd Sep 2013 09:06
African Barrick Gold: Citi takes target price from 93p to 119p, but still recommends selling. African Minerals: Citi increases target price from 320p to 330p and maintains a buy recommendation. Antofagasta: Citi shifts target price from 780p to 790p, while its sell recommendation remains unchanged
Read moreLondon open: Stocks slip despite Merkel victory in German elections
23rd Sep 2013 08:04
Stocks slipped into the red on Monday morning as investors digested this weekend's elections in Germany along with the uncertain outlook for monetary policy in the US. German Chancellor Angela Merkel's CDU/CSU party won 41.5% of the vote in the federal elections this weekend after winning 311 seats
Read moreSummer weather boosts sales at soft drinks maker A.G. BARR
23rd Sep 2013 07:23
A.G BARR's half-year profits rose as a warm UK summer helped to drive sales of soft drinks. Profit on ordinary activities before tax and exceptional items increased by 12.3% to £16.6m in the six months ended July 28th, compared to £14.8m the prior year. Total turnover jumped 5.8% to £128.7m from
Read moreTuesday newspaper round-up: Foxtons, AG Barr, Jobs
10th Sep 2013 07:12
Barack Obama said on Monday that he would put planned air strikes against Syria on hold if the regime of Bashar al-Assad followed a Russian proposal to hand over control of the country's chemical weapons stocks. The US president's comments capped a day of fast-moving diplomatic manoeuvres which appe
Read moreFriday tips round-up: British Land, easyJet, AG Barr
6th Sep 2013 07:51
Despite having fallen by almost 17 per cent since their May highs shares of British Land are not cheap nor is this the time to buy them, rather the opposite. That is, above all, because of the significant shift witnessed in some of the main pillars underpinning the British property market as credit
Read moreBroker tips: Tesco, Kingfisher, AG Barr
15th Jul 2013 11:44
The pricing gap between Tesco and rival supermarket Asda was the highest in two years in June, according to Morgan Stanley. The latest results of the broker's AlphaWise UK Food Retail Price Tracker show that its sample basket was 5.2% less expensive at Asda than at Tesco last month. Morgan Stanley
Read moreBroker snap: GSK brands are good opportunity for AG Barr, says Panmure
15th Jul 2013 09:30
Panmure Gordon has kept its 'hold' rating for AG Barr but said that a deal to buy GlaxoSmithKline's (GSK) soft drinks brands could be the catalyst needed for it to turn more positive. According to The Sunday Times, AG Barr could be teaming up with Private Equity (PE) to buy GSK's brands Lucozade an
Read moreAG Barr-Britvic merger falls through at last minute
11th Jul 2013 15:16
After months of waiting for the Competition Commission (CC) to grant the all-clear to the proposed merger between soft-drinks groups AG Barr and Britvic, the deal has now fallen through with Britvic rejecting an improved offer from AG Barr at the last minute. AG Barr has now announced its intention
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