Monday broker round-up UPDATE
27th Jan 2014 09:30
Aberdeen Asset Management: Espirito Santo cuts target price from 573p to 514p and keeps a buy recommendation. Morgan Stanley reduces target price from 492p to 393p and stays with its equal-weight rating. Amino Technologies: N+1 Singer shifts target price from 89p to 93p and reiterates a hold recomm
Read moreTesco Chairman keeps the faith after recent poor update
17th Jan 2014 16:54
Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreLondon open: Markets pull back from 10-week high, Ashmore drops
14th Jan 2014 08:35
- Ashmore reports fall in AuM, drags peers lower - Lockhart quashes stimulus optimism - FTSE 100 pulls back from 10-week high techMARK 2,798.85 -0.16% FTSE 100 6,723.86 -0.49% FTSE 250 16,144.85 -0.68% A disappointing set of results from Ashmore and a host of other stocks on the FTSE 350 dampened
Read moreBig Yellow occupancy falls, but rents improve
14th Jan 2014 07:49
- Occupancy down 2.8 per cent q/q, up y/y - Rents rise 4.4 per cent year to date - CEO confident about housing outlook Self storage operator Big Yellow reported a dip in occupancy in its third quarter, partially offset by an increase in rental yields since the start of the financial year. Occupanc
Read moreFTSE 250 movers: N Brown lifted by broker recommendation
10th Jan 2014 15:40
Home shopping firm N Brown jumped after Oriel Securities reiterated its 'buy' rating on the stock. Similarly, Enterprise Inns also climbed after Deutsche Bank reaffirmed its 'buy' recommendation for the pub group. Home repairs company HomeServe climbed after UBS upgraded it to a 'buy' with a 320p
Read moreLondon open: Markets flat on budget deal, taper speculation
11th Dec 2013 08:28
- US negotiators reach budget deal - Taper speculation ramps up ahead of Fed meeting - Imagination disappoints with poor H2 outlook - RBS Finance Director Bostock steps down techMARK 2,678.82 +0.23% FTSE 100 6,524.52 +0.02% FTSE 250 15,401.84 -0.06% Markets opened broadly flat on Wednesday in the
Read moreBig Yellow non-exec buys 10,000 shares
19th Nov 2013 16:30
Storage giant Big Yellow Group has announced that Georgina Harvey, one of its Non-Executive Directors, on Tuesday purchased 10,000 shares, marking her first holding in the company. Harvey, who joined the company at the start of July, bought the shares at 470p each on the same day the group posted
Read moreBig Yellow posts rise in pre-tax profits, dividend jumps
19th Nov 2013 11:59
- PTP up two per cent - Revenue down down one per cent - Net rent per sq ft up 2.9 per cent The second half saw Big Yellow Group post a two per cent rise in pre-tax profit, reduced net debt, and increased net rent per square foot (sq ft), it said Tuesday. Adjusted profit before tax for the six mo
Read moreMonday broker round-up UPDATE
18th Nov 2013 08:10
AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreWednesday broker round-up
28th Aug 2013 08:09
African Barrick Gold: Nomura takes target price from 155p to 250p and reiterates its buy recommendation. Antofagasta: Deutsche Bank cuts target price from 1050p to 1035p and retains a hold recommendation. JP Morgan reduces target price from 1005p to 975p, while its neutral rating remains unchanged.
Read moreSector movers: British Land leads real estate stocks lower
24th Jul 2013 15:11
British Land was providing a drag in the real estate investment sector on Wednesday despite saying it had made a 'good' start to the year. The share price was down 1.54% at 607.5p in afternoon trade as investors shrugged off the firm's upbeat comments about a steadily improving economy and signs of
Read moreBig Yellow Group's first quarter store revenue declines
11th Jul 2013 07:27
UK self-storage giant Big Yellow Group reported a year-on-year decline in total store revenue for the first quarter, following a fall in average rental yield. Total store revenue for company's 54 stores came to £16.7m for the three months to end of June, up 5.0% from £15.9m the previous quarter but
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