Tuesday broker round-up UPDATE
20th Aug 2013 08:26
AMEC: Liberum Capital cuts target price from 1135p to 1120p and reiterates a hold recommendation. BAE Systems: Investec increases target price from 370p to 450p upgrading from hold to add. Bovis Homes Group: Deutsche Bank shifts target price from 900p to 901p and keeps a buy recommendation. Citi r
Read moreTuesday tips round-up: Bovis Homes, Quindell
20th Aug 2013 08:02
The Daily Telegraph´s Questor team believes that shares of Bovis Homes are now a hold following their recent strong run and despite worries that the first increase in interest rates might come sooner than expected. All of the house builders are currently enjoying operational success and Bovis is no
Read moreLondon midday: Miners lead markets lower, Fed in focus
19th Aug 2013 12:09
The FTSE 100 was trading slightly lower on Monday morning with heavyweight mining stocks providing a drag as investors scaled back their appetite for risk. Markets were rangebound today with less than 30 points separating the FTSE 100's intraday low (6,477) and high (6,506). This follows the index'
Read moreBroker tips: BHP Billiton, Antofagasta, Bovis Homes
19th Aug 2013 11:36
Barclays has maintained its positive stance on diversified mining giant BHP Billiton ahead of its full-year results on Tuesday. "The share price of BHP Billiton has outperformed in seven of the last 12 years, and this year is proving no exception. The company's superior margin, ROCE, dividend and f
Read moreBroker snap: Prime Markets sees more upside at Bovis Homes
19th Aug 2013 11:18
Prime Markets recommends to 'buy' shares of housebuilder Bovis Homes following Monday's interim report which showed strong momentum and a decent outlook for the full year. Profit before tax totalled £18.6m in the six months to June 30th, up 19% on the £15.6m reported the year before. This was helpe
Read moreLondon open: Markets lower, but Kentz rockets after AMEC approach
19th Aug 2013 08:27
The FTSE 100 opened slightly lower on Monday morning as traders continue to speculate about the future of the Federal Reserve's quantitative easing programme. The weak start follows the London benchmark's second weekly decline in a row last week and the worst weekly performance on New York's Dow Jo
Read moreMonday broker round-up UPDATE
19th Aug 2013 08:27
Arcontech Group: Northland Capital shifts target price from 0.16p to 0.18p and maintains a buy recommendation. Balfour Beatty: Deutsche Bank ups target price from 220p to 280p and upgrades to buy. Bovis Homes Group: Jefferies raises target price from 909p to 995p and keeps a buy recommendation.
Read moreLondon pre-open: Cautious start expected this morning
19th Aug 2013 07:31
Markets are expected to open tentatively on Monday morning with London's FTSE 100 unlikely to rebound strongly despite suffering back-to-back weekly losses over the last two weeks. This follows a choppy session in Asia where ongoing concerns about a tapering of stimulus by the Federal Reserve conti
Read moreHelp to Buy adds to confident outlook at Bovis Homes
19th Aug 2013 07:15
FTSE 250 homebuilder Bovis Homes saw profits jump by nearly a fifth in the first half and gave an upbeat outlook for the rest of the year with demand being supported by the government's 'Help to Buy' scheme. Profit before tax totalled £18.6m in the six months to June 30th, up 19% on the £15.6m repo
Read moreMonday newspaper round-up: Tesco, Egypt, JPMorgan, Vodafone
19th Aug 2013 06:47
Tesco is set to introduce its own tablet computer which is expected to be ready for Christmas loaded with books, films and music, The Times reported. Egypt's turmoil threatens to create a potential oil spike that could damage any nascent economic recovery, according to The Telegraph. JPMorgan Chas
Read moreSector movers: Mining, housing stocks making gains
16th Aug 2013 14:56
Gold and silver prices cemented recent gains on Friday due to safe-haven demand, pushing shares prices in the mining sector higher in afternoon trade. Precious metals peers Randgold Resources and Fresnillo were standout performers as gold edged closer to a two-month high while silver stayed close
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreTuesday tips round-up: Bovis Homes, Kier, Seagate
9th Jul 2013 06:49
Bovis Homes Group's shares are at the highest level since mid-2007 as the company delivered an upbeat trading update on Monday. The group said its sales have been supported by the government's Help to Buy scheme, an improving housing market and the firm's strategy. The Telegraph's Questor column not
Read moreLondon close: Economists wax optimistic on UK
8th Jul 2013 17:08
Stocks registered a solid gain on Monday on the back of an advance in the banking sector. That came on the heels of what some economists termed a solid jobs report last Friday Stateside and upwards revisions to growth forecasts for the UK. Leading gains were shares of Royal Bank of Scotland, as Ch
Read moreMonday broker round-up UPDATE
8th Jul 2013 08:48
Anglo American: Exane reduces target price from 1700p to 1400p and reiterates its underperform rating. Anite Group: Investec raises target price from 135p to 155p and upgrades from hold to buy. Ashmore Group: RBC Capital Markets takes target price from 440p to 375p and keeps its neutral rating. B
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