Wednesday 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 moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreTuesday broker round-up UPDATE
5th Mar 2013 07:15
Abcam: Investec raises target price from 466p to 484p and keeps a buy recommendation. Numis revises target price from 470p to 530p and maintains its buy ratng. Access Intelligence: Merchant Securities initiates with a target price of 7p and a buy recommendation. Amlin: Canaccord Genuity raises tar
Read moreLondon close: Stocks rebound after upbeat US housing data
27th Feb 2013 17:08
Continuing upbeat data from the US housing sector boosted the FTSE 100 in afternoon trade on Wednesday, as stocks tracked Wall Street indices higher. Stocks sank yesterday (FTSE 100 down 1.3%, Cac 40 down 2.7% and FTSE MIB down 4.9%) in the wake of the Italian elections which revealed growing suppo
Read moreFTSE 250 movers: bwin.party leaps on Citigroup upgrade
27th Feb 2013 15:57
Online gaining group bwin.party jumped after Citigroup upgraded its rating for the stock to 'neutral'. "The company´s stock approached technical resistance towards 160p yet seems to have left quite a bullish pattern on charts, although pullbacks are possible given the sharp gains seen over the last
Read moreLondon midday: Sentiment still fragile after inconclusive Italian elections
27th Feb 2013 11:28
Markets across Europe were staging a slight rebound on Wednesday but sentiment was still fragile as political instability in Italy spread fears that the Eurozone crisis could drag on for some time yet. Stocks sank yesterday (FTSE 100 down 1.3%, Cac 40 down 2.7% and FTSE MIB down 4.9%) in the wake o
Read moreLondon open: Markets claw back after sell-off
27th Feb 2013 08:40
Stock markets rebounded slightly on Wednesday morning following a sell-off the day before after the disappointing outcome to the national elections in Italy. Equities across Europe were sold off yesterday in the wake of the Italian elections which revealed growing support for anti-austerity parties
Read moreBodycote boosted by growth Aerospace and Energy business
27th Feb 2013 07:39
Headline operating profit rose 14.4 per cent at Bodycote in the year ended December 31st, boosted by growth in its global Aerospace and Energy business. In its audited results for the year, the company, which provides thermal processing services, reported that its headline operating profit rose to
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreCredit Suisse expects another good year for small and mid-caps
29th Dec 2012 17:34
2013 should be a good year for small and mid-capitalisation stocks following a strong 2012. That was the view put forth by analysts at Credit Suisse in a research note published on December 20th. Amongst the factors cited by their analysts were the strong historical track record (10% average re
Read moreTuesday broker round-up UPDATE
18th Dec 2012 07:06
African Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu
Read moreMonday broker round-up UPDATE
19th Nov 2012 07:34
Aquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreLondon close: Footsie closes at worst levels since July
16th Nov 2012 16:37
- Stocks shaken by Middle-East tensions, reports of oil rig fire - US lawmakers class 'cliff' discussions as 'constructive' - Greek haircut worries dent sentiment The FTSE 100 sunk to its lowest level since July on Friday as rising tensions in the Middle East, Eurozone debt concerns and the worries
Read moreSector movers: Melrose takes down engineering sector
16th Nov 2012 15:47
The industrial engineering sector was firmly in the red on Friday afternoon as a heavy fall from Melrose outweighed a good performance from peers IMI and Rotork. A red flag was raised this morning at industrial turnaround specialist Melrose, with the group saying some of its businesses have seen a
Read moreLondon midday: Footsie nears four-month low
16th Nov 2012 11:34
- Footsie near levels not seen since end of July - 'Fiscal cliff' and Greek uncertainty clouds the markets - Melrose drops 13 per cent After a fairly subdued start, UK stocks had sunk firmly into negative territory for the third straight day, owing to some heavy falls from Melrose, the banks and re
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