Thursday broker round-up UPDATE
23rd Jan 2014 09:12
Afren: Investec ups target price from 170p to 200p and maintains a buy recommendation. AG Barr: Investec raises target price from 585p to 620p retaining an add rating. Canaccord Genuity ups target price from 630p to 650p and keeps a buy recommendation. Arbuthnot: Numis downgrades from add to hold
Read moreEuromoney Executive more than halves stake
15th Nov 2013 16:08
Bashar AL-Rehany, an Executive Director of Euromoney, the international publishing business, this week sold 22,485 shares, reducing his stake to 14,791. The £252,500 disposal, which was made on behalf of his wife, saw the shares sold at 1,123p a piece. The sale was made on Thursday, the same day
Read moreSector movers: CRH lifts construction and material stocks higher
12th Nov 2013 15:48
Construction and material stocks were making gains on Tuesday, helped by a good performance from Irish firm CRH after a decent turnaround in the third quarter. The FTSE 100-listed building materials stock was trading 3.4% higher at 1,613p before the close of trade after reporting that like-for-like
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
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: WH Ireland hands Henry Boot a 'buy' rating
23rd Sep 2013 09:47
Property company Henry Boot was given a 'buy' rating from WH Ireland Research after reporting a hike in first half earnings. Operating profit rose to £7.8m from the prior year's £5.9m and pre-tax profit jumped to £7.4m from £5.5m as earnings per share increased to 3.6p from 2.2p. "Following a goo
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 moreHenry Boot lifts dividend after first half profits jump 34 per cent
23rd Aug 2013 13:58
Henry Boot hiked its interim dividend payment after profits rose 34 per cent to 7.4m pounds in the first half of the year. The company, which is involved in land, property, construction and plant hire, said the results were helped by a £15m sale of land to a housebuilder following its acquisition o
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 moreSector movers: Construction stocks gain after US housing data
28th May 2013 15:36
Ongoing improvement in the US housing sector - as evidenced by some strong American home-price data on Tuesday - prompted a sharp rise in the construction and materials sector in London. The S&P/Case-Shiller 20-City Composite Home Price Index, which monitors prices in 20 major cities across the Sta
Read moreMonday broker round-up UPDATE
13th May 2013 07:18
Bioquell: Investec shifts target price from 136p to 141p and keeps a hold recommendation. blinkx: Canaccord Genuity moves target price from 125p to 135p reiterating its buy recommendation. Britvic: Panmure Gordon increases target price from 380p to 460p and retains a hold recommendation. BT Group
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreSector movers: Construction stocks lifted by decent US data
24th Jan 2013 15:37
Construction and materials stocks were making strong gains on Thursday afternoon after some decent economic data from the US boosted the outlook for demand. American jobless claims and a key manufacturing survey came in better than forecasts today, sending London's benchmark index up over 1.0%. Mea
Read moreHenry Boot sees annual revenue fall
24th Jan 2013 08:18
Property development firm Henry Boot said revenue for the year ended December 31st 2012 will be around 100m pounds, down from 114.6m pounds the previous year while group pre-tax profit will be in line with company forecasts. The valuation of the group's property portfolio is anticipated to be bro
Read moreHenry Boot upbeat in tough markets
12th Nov 2012 13:59
Property developer Henry Boot said it was on track to meet expectations in a market that was challenging but stable. The firm said its operational management teams continued to be very busy bringing forward land, construction and development opportunities. Its construction arm expects to marginal
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