Tuesday broker round-up
31st May 2016 11:56
(ShareCast News) - B&M European Value: Retail HSBC reiterates buy with a 410p target. Zoopla: Jefferies stays at buy with a 430p target. Royal Dutch Shell "a": UBS reiterates buy with a target price of 1950p and HSBC stays at buy with a 2000p target. Ultra Electronic Holdings: JP Morgan reiterates
Read moreLondon pre-open: Fedspeak, G7 and rise in oil futures in focus
26th May 2016 06:53
(ShareCast News) - Stocks are set to give back some of the week´s ahead of the a fresh reading on economic growth in the first quarter and against the backdrop of today´s meeting of G7 finance ministers and central bank governors in Sendai, Japan. As of 06:54BST the Footsie was being called to start
Read moreFTSE 100 movers: Financials, Big oil pace gains
25th May 2016 16:34
(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read moreTuesday broker round-up
24th May 2016 14:41
(ShareCast News) - Standard Chartered: Macquarie reiterates to outperform with a 440p target. Britvic: Goldman Sachs stays at buy with a 838p target. Premier Oil: JP Morgan keeps at neutral with a target price of 61p. RBS: Deutsche Bank reiterates hold with a target of 239p. BT: Macquarie reitera
Read moreBroker tips: Imperial Brands, Paragon Group, BP
24th May 2016 13:24
(ShareCast News) - Barclays upgraded Imperial Brands to 'overweight' from 'equalweight' and lifted the price target to 4,200p from 3,750p, driven by more bullish medium-term expectations. The bank said organic sales momentum is improving and margin/cash generation increases underpin dividend growth
Read moreJP Morgan says BP dividend is relatively high and safe
24th May 2016 13:04
(ShareCast News) - A lower outlook for crude oil prices in 2016, following the weak start to the year, led analysts at JP Morgan to lower their forecasts for European integrated oil companies´ earnings per share in 2016 and 2017. However, greater investor confidence in the outlook for oil prices mea
Read moreMiners and oil majors lead drop
19th May 2016 20:03
(ShareCast News) - Miners and big oil led the retreat in the stockmarket, with the former coming under profit-taking again as the froth seen in some commodity prices earlier in 2016 continued to come out of the market on Thursday. A sharp jump in Fed funds futures overnight stoked selling by traders
Read moreBP's head of exploration to leave company - Reuters
17th May 2016 17:51
(ShareCast News) - BP head of exploration Richard Herbert is leaving the company after a little more than two years in the job, a period that saw the oil major cut its spending on the search for new deposits, a report says. Herbert, a company veteran and ally of chief executive Bob Dudley, returned
Read moreBasic resource shares pumelled, Canadian wildfire blaze slows advance
9th May 2016 19:03
(ShareCast News) - Mining and oil stocks led declines at the start of the week on the back of weaker than expected data out of Asia's largest economy and after Chinese regulators warned they might clamp down on speculation further. On Sunday, China's customs administration said exports and imports s
Read moreMonday broker round-up
9th May 2016 15:26
(ShareCast News) - Easyjet: RBC upgrades to outperform with a 1500p target. Restaurant Group: UBS downgrades to neutral with a 305p target. Burberry: Barclays keeps at equal-weight with a 305p target. Smith & Nephew: Berenberg reiterates buy with a target of 1300p and Barclays stays at overweight
Read moreWednesday broker round-up
27th Apr 2016 15:32
(ShareCast News) - BP: Barclays reiterates overweight with a 550p target, Credit Suisse keeps at underperform with a target of 330p, Cannacord stays at buy with a 420p target and Exane BNP Paribas reiterates neutral with a target of 350p. Cambian Group: Canaccord downgrades to hold with a 91p target
Read moreWednesday newspaper share tips: StanChart, BP
27th Apr 2016 12:30
(ShareCast News) - StanChart´s financials for the first quarter of 2016 suggest chief Bill Winters may have managed to staunch the bleeding, or at least that it´s not terminal, The Times´s Tempus said. In that light, the bank´s fourth quarter loss in 2015 may have been the standard 'kitchen-si
Read moreFTSE 100 movers: Standard Chartered lifted while AstraZeneca sinks
26th Apr 2016 14:25
(ShareCast News) - The FTSE 100 was treading water on Tuesday afternoon, managing to keep itself in the black in contrast to its sibling index. Emerging markets-exposed bank Standard Chartered was among the top performers, as investors showed their approval of the bank's ongoing turnaround. It poste
Read moreTuesday broker round-up
26th Apr 2016 13:09
(ShareCast News) - Premier Foods: Jefferies upgrades to buy with a 60p target. Aberdeen Asset Management: Citigroup downgrades to sell with a 265p target. Smiths Group: Jefferies keeps at buy with a target price of 1100p and Credit Suisse reiterates outperform with a target of 1275p. Close Brother
Read moreLondon pre-open: Stocks seen touch higher as oil recovers
26th Apr 2016 07:38
(ShareCast News) - London stocks were expected to open a little higher on Tuesday as oil prices recovered. The FTSE 100 was seen starting 12 points higher than Monday's close at 6,272. "European equity markets are currently on course to open a little higher but these gains are marginal and at this
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