Wednesday broker round-up UPDATE
24th Sep 2014 09:15
Aggreko: Morgan Stanley ups target price from 1350p to 1375p, while leaving its underweight rating unaltered. Alliance Pharma: Canaccord Genuity lowers target price from 35p to 33p reiterating its hold recommendation. Close Brothers Group: UBS moves target price from 1420p to 1430p and keeps a neut
Read moreClose Bros beats forecasts as banking arm grows loan book
23rd Sep 2014 07:55
Good growth in its core merchant banking division enabled Close Brothers to lift annual profits 20% and beat analysts' earnings expectations. In fact the FTSE 250 group enjoyed even stronger growth at its smaller securities and asset management arms, which helped lift adjusted operating profit 20% t
Read moreThursday broker round-up UPDATE
5th Jun 2014 09:37
Aberdeen Asset Management: Liberum Capital initiates with a target price of 555p and a buy recommendation. Ashmore Group: Liberum Capital starts with a target price of 303p and a sell recommendation. ASOS: N+1 Singer places both its target price (prev.: 4100p) and its hold recommendation under rev
Read moreClose Brothers reports encouraging third quarter performance
23rd May 2014 11:22
Specialist financial services company Close Brothers reported a positive result in the third quarter, which it said had been consistent with its first half performance. The group said the Banking loan book was at £5.1bn, up 10% in the year-to-date, while the performance by the Winterflood segment
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreLondon midday: Stocks rangebound ahead of UK Budget, FOMC
19th Mar 2014 11:33
- Osborne's 2014 Budget in focus - Jobless rate, BoE minutes, FOMC meeting - Ukraine-Russia tensions running high - Smiths Group drops on H2 outlook - Ophir plummets, Imagination jumps techMARK 2,817.88 +0.53% FTSE 100 6,595.59 -0.15% FTSE 250 16,366.11 +0.07% Stocks were trading in the red on Wed
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreLondon pre-open: Stocks to move higher early on
11th Mar 2014 07:34
- FTSE to open 14 points higher - Focus on BoE meeting with Treasury Committee - Feb UK retail sales reveal decline The City is set for a positive start today, with the anticipated gains driven by a more stable session in Asia overnight and a ahead of today's Bank of England (BoE) meeting with the
Read moreClose Brothers interim profit boosted by increased lending
11th Mar 2014 07:07
- Half-year profit boosted by increased lending - Confident about future trading - Dividend increased by 10 per cent FTSE 250-listed specialist financial services group Close Brothers posted a solid set of half-year figures after an increase in lending and good growth across all of its divisions.
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreSector movers: Financials gain as emerging-market tensions ease
28th Jan 2014 15:27
Easing concerns over the emerging markets helped the financial sector higher on Tuesday, with stocks buoyed by M&A activity surrounding F&C Asset Management. Fund managers such as Aberdeen and Man Group have fallen sharply in recent sessions owing to their exposure to developing nations after a sel
Read moreMonday 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 moreFTSE 250 movers: Imagination Tech continues to slide
24th Jan 2014 15:30
Imagination Technologies Group has continued its sharp decline again today. The share price has fallen from 214p on Tuesday to its current level of 182p. Cairn Energy, the oil and gas exploration and development group, dropped after it informed investors that it was contacted by the Income Tax Depa
Read moreLondon open: Markets lower for fourth day straight, Aberdeen drops
24th Jan 2014 08:39
- Markets flat after heavy falls on Thursday - Carney signals end to forward guidance - Aberdeen suffers from Morgan Stanley downgrade techMARK 2,828.92 +0.04% FTSE 100 6,760.54 -0.19% FTSE 250 15,950.23 -0.19% UK markets opened lower on Friday morning as traders headed into the weekend in a cauti
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