UK MARKET TALK ROUNDUP: BROKERS COMMENTS
17th Jun 2010 07:32
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0632 GMT [Dow Jones] Royal Bank of Scotland raises Britvic (BVIC.LN) price target to 540p from 470p, noting solid growth oppo
Read moreMARKET TALK: RBS Raises Britvic Price Target
17th Jun 2010 07:32
0632 GMT [Dow Jones] Royal Bank of Scotland raises Britvic (BVIC.LN) price target to 540p from 470p, noting solid growth opportunities in the core business. Expects the company to deliver on its growth guidance to '13, with scope for outperformance in the Ebit margin. "There are clear opportunities
Read moreWednesday tips round-up: Prudential, Drax, Britvic
19th May 2010 06:45
If you can't afford the rights - or are unwilling to stump up the cash - the Telegraph thinks it is best to sell all of your Prudential holding alongside your rights, rather than be diluted out of the dividend and earnings to this extent. Sell up and walk away. Hopefully investors who do this will
Read moreBritvic to buy Fruité
18th May 2010 07:52
Soft drinks firm Britvic confirmed that it is to buy syrups and fruit juice company Fruité Entreprises for €237m and said it is confident of meeting full year expectations. Commenting on the acquisition chief executive Paul Moody said, " With a portfolio of iconic, market-leading still brands and a
Read moreTuesday preview: Vodafone, British Land, Yell, Britvic, Dairy Crest
17th May 2010 16:17
The recent strength of the US dollar against sterling has prompted upgrades its earnings forecasts for mobile phone giant Vodafone recently, But brokers are still concerned about mature markets in Europe, falling market share, and the prospects of a US slowdown. There is the prospect of Vodafone get
Read moreFTSE 250 movers: Volcano disruption hits easyJet
19th Apr 2010 13:15
Airline easyJet is the biggest loser among second-liners as the volcano cloud across Europe continues to ground planes. Taking collateral damage is Frankie & Benny's owner The Restaurant Group, which has a number of its biggest earning restaurants located in airports. Pace's trading update has be
Read moreFTSE 250 movers: Gartmore recovery continues
1st Apr 2010 15:01
Gartmore shares continue their recovery after crashing on Tuesday as the fund manager suspended its star manager Guillaume Rambourg after an investigation into directive trades. Shares in Britvic fall back even after JP Morgan raised its price target on the stocks to 515p from 500p. The broker thin
Read moreBroker snap: Citi raises a glass to Britvic
26th Mar 2010 09:58
Expectations of robust trading in the UK and the potential for mergers and acquisitions activity have prompted Citigroup to up its target price on Britvic, the soft drinks firm that distributes Pepsi in the UK, to 500p from 445p. Citi notes that the soft drinks market has remained resilient, with f
Read moreFriday tips round-up: ARM Holdings, Tate & Lyle, Paragon
29th Jan 2010 06:53
Apple's exciting new tablet computer, the iPad, looks like it will be a winner for Steve Jobs' group - but it's also going to be a real winner for ARM. The chip in the device, called the Apple A4, is believed to be based on ARM technology. That's because both Apple and its suppliers do not general
Read moreLondon close: Footsie weakness continues
27th Jan 2010 17:00
Shares continued their weak run of recent days, with the FTSE 100 ending the day deep in the red. Mining stocks fell on enduring concerns that the Chinese authorities will introduce further measures aimed at cooling down the country's overheating economy. Xstrata, Fresnillo and Anglo American are t
Read moreSector movers: Beverages up as Britvic fizzes
27th Jan 2010 14:18
Shares in soft drinks group Britvic are fizzing, helping lift the whole beverages sector higher. The Tango maker, which also has the license to sell Pepsi in the UK, said it has seen 'robust' market conditions in the last quarter, but said it remains cautious about the outlook for consumer confiden
Read moreFTSE 250 movers: Strong trading cheers Greene King
27th Jan 2010 14:17
Investors have raised a glass to brewer Greene King. Trading over the last nine weeks has remained 'relatively strong' despite the freezing weather, with food sales going well and Scottish arm Belhaven again the star turn. Elswhere in beverage-related stocks, shares in soft drinks group Britvic are
Read moreLondon afternoon: Stocks stuck in reverse
27th Jan 2010 13:38
London's attempts at a rally fizzled out over the lunch time session though the Footsie is trying once more at the mid-afternoon point to climb the mountain. Mining stocks continue to impede the blue-chip index's progress, however, on enduring concerns that the Chinese authorities will introduce f
Read moreLondon midday: Miners pull blue chips lower
27th Jan 2010 12:02
Footsie is trying to rally after an early sell-off on fears that China is planning fiscal measures to cool growth. Mining stocks once again feature prominently among the laggards, with Xstrata, Fresnillo and Anglo American the worst hit. Mining giant Vedanta Resources is also lower despite seeing
Read moreLondon open: Ugly start in London
27th Jan 2010 08:52
It's an ugly start In London with only Johnson Matthey and Amec in the blue, while financials, miners and oils are under heavy selling pressure. Far East markets continued to fall Wednesday on continuing fears that China is planning fiscal measures to cool growth, adding to the unease this morning.
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