Thursday broker round-up UPDATE
27th Feb 2014 09:55
Balfour Beatty: Berenberg moves target price from 340p to 350p and stays with a buy recommendation. Bodycote: FinnCap places both its target price (prev.: 620p) and its hold recommendation under review. Investec raises target price from 770p to 810p and keeps a buy recommendation. Numis upgrades fr
Read moreLondon open: FTSE edges higher as investors weigh results, Eurozone data
27th Feb 2014 08:24
- FTSE opens marginally higher - Strong results from Capita, Whitbread - German jobless rate steady at 6.8 per cent techMARK 2,896.69 -0.10% FTSE 100 6,803.69 +0.07% FTSE 250 16,484.09 +0.08% The FTSE inched into positive territory this morning as strong results from Capita and an upbeat outlook f
Read moreBritish American Tobacco's 2013 earnings and profits rise
27th Feb 2014 08:03
- Earnings rise six per cent - Operating profit and margin improve - Global Drive boosts market share - Dividend raised six per cent British American Tobacco reported a six per cent rise in 2013 core earnings to 216.6p per share, in line with analysts' expectations, as market share grew. The world
Read moreTuesday broker round-up UPDATE
25th Feb 2014 08:40
African Barrick Gold: Canaccord Genuity raises target price from 205p to 315p and upgrades from hold to buy. Ashmore Group: Canaccord Genuity takes target price from 205p to 315p and downgrades from buy to hold. Associated British Foods: Jefferies increases target price from 2450p to 2600p retaini
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreUK stocks end on a high after quiet session
17th Feb 2014 16:23
- FTSE closes up 72 points at 6,736 - Hammerson and RSA lead risers - UK inflation due out tomorrow - House prices up 3.3 per cent in February techMARK 2,857.31 +0.90% FTSE 100 6,736.00 +1.09% FTSE 250 16,244.71 +0.83% Stocks ended the day with strong gains, driven by both Hammerson and RSA Insur
Read moreFTSE 100 movers: Hammerson leads the risers on strong results
17th Feb 2014 14:59
Hammerson is in the top spot today, after it this morning reported a rise in annual profits, driven by strong demand for retail property. The property group posted pre-tax profit for the year ended December 31st 2013 of £341.2m, up from £142.2m the previous year, as like-for-like net rental income
Read moreFTSE 100 movers: Rolls-Royce nosedives on 2014 outlook
13th Feb 2014 14:35
Rolls-Royce's shares tumbled after the group said it expects flat 2014 revenue and profit due to cuts in government defence spending. The world's second-largest maker of aircraft engines revealed an estimated 15-20 per cent slump in defence revenue would hinder results this year as it reported its f
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreSunday share tips: Royal Mail, N Brown, Revolymer
19th Jan 2014 16:53
The public's conversion to online Christmas shopping is likely to have served Royal Mail well, the Sunday Times's Danny Fortson wrote. Fortson, in his Inside the City column, said sales growth at online fashion retailer Asos showed the potential size of the market for online shopping. Royal Mail pub
Read moreFTSE 100 movers: Morrison regains recent losses on dividend hopes
13th Jan 2014 15:17
Supermarket group Morrison was the top riser this afternoon as it continued to recover after a steep fall last week following a bigger-than-expected drop in like-for-like sales over Christmas. Broker Shore Capital said it expects activist investors to continue to show interest in Morrisons as report
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreThursday broker round-up UPDATE
19th Dec 2013 08:27
AstraZeneca: Alphavalue lowers target price from 3169p to 3087.7p and downgrades from reduce to sell. British American Tabacco: Panmure Gordon reduces target price from 3800p to 3200p and downgrades from buy to hold. Britvic: Investec ups target price from 600p to 672p and maintains a hold recomme
Read moreWednesday broker round-up UPDATE
18th Dec 2013 08:44
Berendsen: Panmure Gordon raises target price from 761p to 917p, while retaining its hold recommendation. British American Tabacco: Nomura cuts target price from 3840p to 3720p, while staying with its buy recommendation. bwin.party: Daniel Stewart reduces target price from 173p to 146p, while its
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
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