Thursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
Read moreBroker tips: Kingfisher, Tobacco, Housebuiders
29th Nov 2013 12:19
Credit Suisse has maintained its 'outperform' rating and 440p target price for Kingfisher despite the DIY retailer's third-quarter results coming in well below forecasts on Thursday. "Although 3Q results were £12m below our forecasts, we felt that the overall tone of the conference call was slightl
Read moreBroker snap: Tobacco industry has strong case against plain packaging, says Berenberg
29th Nov 2013 09:48
The share prices of London-listed Imperial Tobacco and British American Tobacco rebounded slightly on Friday morning after being hit by concerns over plain packaging (PP) the day before, as analysts at Berenberg said that the industry has a 'very strong case to fight in the courts'. Reports on Thur
Read moreLondon close: Markets inch higher on quiet day, but housing stocks sink
28th Nov 2013 16:28
- FTSE 100 edges higher, global equities close to six-year high - US markets closed for Thanksgiving - Housing, tobacco stocks pressured by government policy techMARK 2,668.00 +0.35% FTSE 100 6,654.47 +0.08% FTSE 250 15,431.80 +0.16% The FTSE 100 registered small gains on Thursday on a relatively
Read moreLondon midday: Tobacco, housing stocks limit gains on FTSE
28th Nov 2013 11:42
- Thanksgiving keeps trading volumes low - Tobacco, housing stocks drop on government policy - German unemployment climbs for fourth straight month techMARK 2,668.59 +0.37% FTSE 100 6,658.85 +0.14% FTSE 250 15,434.40 +0.18% UK investors were treading water on Thursday morning as risk appetite rema
Read moreLondon close: FTSE ends flat after data-heavy session
21st Nov 2013 16:49
- Flat finish after mixed session - US jobless claims fall - UK car manufacturing grows - Johnson Matthey charges higher techMARK 2,636.63 +0.40% FTSE 100 6,681.33 0.00% FTSE 250 15,148.50 -0.20% UK stocks ended the day broadly flat after a mixed bag of data left investors lacking in any firm dire
Read moreSector movers: Tobacco stocks suffer, Telecoms charge higher
21st Nov 2013 16:06
One of the worst performing sectors today was Tobacco, with the declines being led by BATS and Imperial Tobacco after US peer Philip Morris International yesterday warned the industry could suffer an overall 2-3 per cent decline in 2014. The American company lowered its own expectations for the ye
Read moreFTSE 100 movers: Johnson Matthey tops leaders after results impress
21st Nov 2013 15:07
Shares in speciality chemicals company Johnson Matthey leapt to the top of the leaderboard after it reported a robust set of half-year results, powered by a strong performance in Emission Control Technologies ahead of new European legislation and good demand for Process Technologies' products. The
Read moreLondon midday: Losses eased by positive UK data
21st Nov 2013 11:37
- UK borrowing falls - CBI reports surprise jump in factor orders - Car manufacturing stats rise techMARK 2,638.77 +0.48% FTSE 100 6,678.70 -0.04% FTSE 250 15,172.14 -0.04% The FTSE pulled back from earlier losses by lunchtime today, as data showed UK borrowing fell in October and a survey from th
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreBritish American Tobacco grows revenues in face of currency and volumes drag
23rd Oct 2013 07:10
Revenues rose for British American Tobacco (BATS) in the first nine months of the year despite a drag from lower volumes and adverse currency rates. The FTSE 100 group saw cigarette volumes dwindle 3.2% to 501bn in the three quarters ending on September 30th as cigarette consumption declined worldw
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreLondon open: Markets flat as investors digest US shutdown
1st Oct 2013 08:31
UK markets opened broadly flat on Tuesday after the failure by US politicians to agree on a budget prompted the first partial government shutdown in Washington in 17 years. The Senate last night voted down a House of Representatives-passed bill that had called for a one-year delay in President Bara
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
6th Sep 2013 08:01
Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p
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