Thursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreN Brown sales growth gathers momentum
16th Jan 2013 07:50
Internet and catalogue home shopping group N Brown has said that current-year results are expected to be in line with expectations, with like-for-like (LFL) sales coming in ahead of analyst estimates in the third quarter. Total group revenue rose by 8.5% in the 19 weeks to January 12th, while LFL r
Read moreWednesday broker round-up UPDATE
16th Jan 2013 07:16
Anglo American: Goldman Sachs reduces target price from 1650p to 1500p and reiterates its sell recommendation. Antofagasta: Goldman Sachs ups target price from 1100p to 1120p and still recommends to sell. ARM Holdings: UBS increases target price from 750p to 900p, while downgrading to neutral. As
Read moreBroker snap: Panmure highlights ASOS and Dunelm as top retail picks
2nd Jan 2013 09:12
Panmure Gordon has highlighted ASOS and Dunelm as its 'conviction buys' in the UK retail sector ahead of the critical Christmas reporting season in the next few weeks. General retail was the best-performing FTSE sector in 2012 according to prices at December 27th, the broker said. Panmure said: "A
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreMonday broker round-up UPDATE
10th Dec 2012 07:10
Andor Technology: Investec moves target price from 450p to 460p, while reiterating its buy recommendation. Antofagasta: Alphavalue downgrades to reduce, while keeping the target price at 1371p. Ashtead Group: Investec target price from 250p to 475p and reiterates its buy recommendation. Atkins: J
Read moreTuesday broker round-up UPDATE
4th Dec 2012 07:35
Anite: Panmure Gordon moves target price from 163p to 165p; buy recommendation kept. Canaccord Genuity raises target price from 143p to 169p and maintains a buy recommendation. Ashtead: Seymour Pierce raises target price from 400p to 460p and reiterates its buy recommendation. Barclays: Credit Sui
Read moreFriday broker round-up
2nd Nov 2012 08:18
Associated British Foods: Panmure Gordon keeps hold rating and 1,300p target. Balfour Beatty: Goldman Sachs downgrades to neutral, target cut from 330p to 322p. BG Group: Deutsche Bank downgrades to hold, target cut from 1,700p to 1,350p; Liberum Capital downgrades to hold. British Sky Broadcasti
Read moreLondon close: Disappointing earnings and growth concerns spark sell-off
23rd Oct 2012 16:41
- 'Risk is officially off', says analyst - Corporate earnings and growth worries sink stocks - Miners drop, while ARM and Experian gain A sell-off on Wall Street and concerns about the Eurozone saw markets across Europe take a hammering on Tuesday, with mining stocks dragging the Footsie lower in L
Read moreFTSE 250 movers: Chemring sinks after CEO exit
23rd Oct 2012 15:17
Shares in defence group Chemring dropped after its CEO David Price resigned with immediate effect. He will be replaced by Mark Papworth, a former Wood Group executive. Speculation in the market is that Price's exit signals that US private equity firm Carlyle's takeover bid could be collapsing. "It
Read moreTuesday broker round-up
23rd Oct 2012 09:23
Aggreko: UBS cuts target from 2,750p to 2,550p, buy rating kept. ARM Holdings: Investec keeps buy rating and 800p target. Avacta: Panmure Gordon keeps buy rating and 1.75p target. AZ Electronic: Canaccord Genuity ups target from 360p to 376p, buy rating kept. Babcock: JPMorgan Cazenove ups targe
Read moreLondon close: US earnings spark surge in UK stocks
16th Oct 2012 16:32
- US earnings lift sentiment - Speculation Spain nearing a bailout request - Germany's Meister says remarks over interpreted -Guardian - German ZEW index beats forecasts Better-than-expected earnings from Goldman and Johnson & Johnson and signs of progress in the Eurozone saw the FTSE 100 surge 1.2
Read moreFTSE 250 movers: N Brown jumps after first-half beat
16th Oct 2012 15:12
Internet and catalogue home shopping firm N Brown topped the risers list on Tuesday afternoon, gaining 13 per cent after beating forecasts in the first half. The company reported that revenue in the 26 weeks to September 1st came in at £379.3m, up 4.3% on the year and ahead of the consensus estimat
Read moreBroker snap: Jefferies and Seymour Pierce disagree on N Brown
16th Oct 2012 12:15
Catalogue and home shopping firm N Brown has received a "Buy" rating from Jefferies and a "Hold" rating from Seymour Pierce, following its first half results. Seymour Pierce has maintained its "hold" rating with a price target of 250p, saying: "growth has been relatively pedestrian in the last two
Read moreLondon midday: Stocks extends gains after German ZEW survey
16th Oct 2012 11:48
- German ZEW index beats forecasts - Markets await results from US blue-chips - Signs of progress in Eurozone lift sentiment UK stocks had held on to gains by Tuesday lunchtime as investors digested some decent economic figures and improving newsflow from the Eurozone. "Financial markets extended
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