FTSE 250 movers: IG Group rises on increased divi payment
22nd Jul 2014 15:59
IG Group leapt following what broker Numis Securities termed a "substantial" increase in its dividend payment, up 28% to 22.4p. The financial spread betting firm reported a 2.4% rise in full-year trading revenue to £370.4m. Numis kept its 'add' rating on the stock with a target price of 665p. Secu
Read moreTuesday broker round-up UPDATE
22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read moreRSA Insurance UK Chief reduces holding ahead of departure
21st May 2014 16:04
Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the di
Read moreExperian director takes advantage of recent decline in share price
19th May 2014 15:56
A non-executive director of credit information group Experian has acquired a stake in the group worth 114,720 pounds, it said on Monday. Jan Babiak bought 11,000 shares at 1,042.91p a piece, taking advantage of the fall seen in the share price in the past fortnight. The decline came after the grou
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreBodycote Q1 revenue drops 2.2 per cent as expected
29th Apr 2014 07:50
- YOY fall in Q1 revenue of 2.2 per cent - Up 2.8 per cent at constant exchange rates - Outlook for 2014 unchanged Bodycote on Tuesday reported that group revenue in the first quarter was 2.2 per cent lower year-on-year (YOY) at actual exchange rates, as previously anticipated. The group, which
Read moreLondon pre-open: FTSE to rise ahead of busy session
29th Apr 2014 07:40
The City is set for an upbeat start today, with stocks tracking gains seen in the US last night ahead of a busy day of economic data and following yesterday's close above the psychologically important level of 6,700. City sources predict the FTSE 100 will open around 18 points above yesterday's cl
Read morePace CEO trades in 50,000 shares
15th Apr 2014 14:42
Mike Pulli, the Chief Executive Officer of Pace has disposed of 50,000 shares, although it said the transaction was carried out to cover tax liabilities in the US. The disposal generated just over £199,000, having traded in the shares at 398.10p. He reduced his beneficial holding in the company
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreThursday broker round-up UPDATE
13th Mar 2014 09:07
Advanced Medical Solutions: FinnCap ups target price from 75p to 114p retaining its hold recommendation. Antofagasta: Investec cuts target price from 764p to 753p and retains a sell recommendation. Barclays: Numis shifts target price from 274p to 280p upgrading from hold to add. BBA Aviation: JP
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreFTSE 250 movers: Kazakhmys soars on plans to separate assets
27th Feb 2014 15:40
Mining group Kazakhmys saw its share price rocket today after the group said it was considering separating the Zhezkazgan and Central regions, with a view to a potential disposal. The group's former Chairman, Vladimir Kim, has indicated he would consider creating a personally-owned vehicle to hold t
Read moreAcquisitions boost Bodycote 2013 profits
27th Feb 2014 10:04
Full year pre-tax profits at engineer Bodycote rose nine per cent to 98.4m pounds, assisted by acquisitions made in 2012. Revenues were up 5% to £619.6m, although the company admitted that this had been helped by a positive contribution from foreign exchange rates worth £14m and a further £32.4m fr
Read moreThursday 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 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
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