FTSE 250 movers: Market to end the day in the red
18th Dec 2015 15:26
(ShareCast News) - The FTSE 250 was on track to finish Friday in the red after being bolstered on Thursday after the Fed rate hike. The market was down 72.46 points (0.42%) to 17,104.82 by mid-afternoon. Entertainment One undid Thursday's gains from its announcement it had extended its output agreem
Read moreBroker tips: Bodycote, Restaurant Group, Northgate
18th Dec 2015 11:02
(ShareCast News) - Bodycote got a boost on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' saying sentiment was likely to warm next year. The broker cut its estimates to reflect the more challenging trading environment which was confirmed in the group's third quarter update. It down
Read moreBodycote shares rally on N+1 Singer upgrade
18th Dec 2015 10:44
(ShareCast News) - Bodycote got a boost on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' saying sentiment was likely to warm next year. The broker cut its estimates to reflect the more challenging trading environment which was confirmed in the group's third quarter update. It down
Read moreFTSE 250 movers: Kaz Minerals and Ophir Energy help market surge
17th Nov 2015 14:22
(ShareCast News) - The FTSE 250 surged ahead on Tuesday as traders bet that the Paris attacks would not have a lasting effect on global markets. The index sat at 17,041.67 by mid-afternoon, up 197.29 points (1.17%). Kaz Minerals was the market's biggest gainer, after reached an agreement with its p
Read moreBodycote on track for full year profit despite dip in revenue
17th Nov 2015 08:09
(ShareCast News) - Despite challenging market conditions and a dip in revenue over the last four months, Bodycote said it is on track to meet full-year profit expectations, sending the share price surging. The FTSE 250 thermal subcontract processing service provider issued a trading statement on Mon
Read moreBodycote profit hurt by oil & gas downturn but shares rise on stable margins
30th Jul 2015 12:00
(ShareCast News) - Bodycote posted a drop in first half pre-tax profit amid declining revenue, as a result of soft demand in the oil and gas industry and adverse currency moves. For the six months ended 30 June, pre-tax profit came in at £30.6m, a 41.8% decline year-on-year, with revenue down 4% at
Read moreMonday broker round-up
11th May 2015 15:36
RBS: Credit Suisse reiterates underperform and 320p target. GlaxoSmithKline: Deutsche reiterates hold and lowers target to 1,540p from 1,600p. HSBC: Exane BNP reiterates underperform and 600p target. Lloyds: Credit Suisse reiterates neutral and 72p target. Sage Group: Goldman Sachs reiterates neu
Read moreBodycote posts mixed Q1 results as exchange rates hurt automotive revenues
23rd Apr 2015 08:42
Industrial materials engineer Bodycote enjoyed strong revenues in its aerospace division during the first quarter of the year, despite a decline in general industrial turnover due to weak agricultural equipment demand. The group's revenues were down 0.9% to £151.6m during the period, but were up 1.9
Read moreFTSE 250 movers: Supergroup surges on dividend announcement, energy stocks higher
26th Mar 2015 13:56
Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights. Energy stocks were trading higher as oil prices spiked, includ
Read moreWednesday broker round-up
18th Mar 2015 12:41
Johnson Matthey: Deutsche Bank reiterates buy and 3,850p target. BAE Systems: Morgan Stanley lifts target to 570p from 515p and reiterates equalweight. BT Group: Nomura and UBS reiterate buy. Ashtead Group: UBS raises target to 1,130p from 1,070p and reiterates neutral. Rotork: Morgan Stanley imp
Read moreMonday broker round-up
16th Mar 2015 15:59
Bodycote: N+1 Singer downgrades to hold. Morrrison: Deutsche Bank lifts target to 210p from 190p and reiterates hold. Centrica: Deutsche Bank reiterates hold and 280p target price. Rio Tinto: HSBC downgrades to neutral. IGas Energy: Cannacord Genuity lowers target to 85p from 125p and reiterates
Read moreMonday broker round-up
9th Mar 2015 11:29
Barclays: Charles Stanley reiterates accumulate. Nomura stays at buy, ups target to 81p from 78p. Lloyds: Investec reiterates buy and 85p target price. RSA: Credit Suisse reiterates outperform recommendation and hikes target to 525p from 475p. Goldman downgrades to sell from neutral. ARM Holdings:
Read moreBodycote profits up but macro-economic uncertainties persisting
26th Feb 2015 08:49
Industrial materials engineer Bodycote saw its profits rise during its full year despite continuing macro-economic uncertainties. The group's profit before tax increased 5.4% to £103.7m during 2014, driving earnings per share up from 38.5p to 41.7p. However, revenues were down 1.7% to £609.1m. At c
Read moreFTSE 250 movers: Oil stocks continue to slide post OPEC
1st Dec 2014 14:51
Oil and gas related stocks continued to slide on Monday after OPEC decided not to lower the rate of oil production on Thursday, causing crude prices to tumble below $70 a barrel, their lowest in over four and a half years. Afren suffered the biggest hit Monday afternoon, declining 9%, while Enquest,
Read moreTuesday broker round-up
18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
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