Monday broker round-up UPDATE
4th Feb 2013 07:17
Antofagasta: Nomura lowers target price from 1400p to 1250p and keeps a neutral rating. Aviva Group: Barclays cuts target price from 317p to 302p leaving its underweight rating unaltered. Beazley: Berenberg starts with a target price of 217p and a buy recommendation. Big Yellow Group: UBS reduces
Read moreThursday broker round-up UPDATE
31st Jan 2013 07:07
Aberdeen Asset Management: Bank of America ups target price from 400p to 425p maintaining a neutral rating. Afren: JP Morgan lowers target price from 210p to 195p and downgrades to neutral. Amino Technologies: Northland Capital raises target price from 85p to 90p keeping a buy recommendation. Ant
Read moreTuesday broker round-up UPDATE
22nd Jan 2013 07:06
Afren: Liberum Capital shifts target price from 120p to 123p staying with its hold recommendation. ASOS: Exane BNP increases target price from 3000p to 3100p and retains an outperform rating. BP: RBC downgrades to sector perform from outperform. Brammer: Peel Hunt moves target price from 300p to
Read moreComputacenter welcomes infiltration of cloud computing
17th Jan 2013 13:10
Information technology services provider Computacenter said Thursday that cloud computing (computer files and applications that are delivered as a service over the internet) will infiltrate every organisation whether it's with the Chief Investment Officer's approval or not. The group said that as
Read moreComputacenter off to a good start
17th Jan 2013 08:33
Information technology services provider Computacenter has started the year with an optimistic outlook, and told investors that it expects its full year results to be marginally ahead of its expectations. Group revenue for the year increased by 2.0% on a reported basis and 6.0% in constant currenc
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreGalliford Try CEO reduces stake in company after upbeat update
15th Nov 2012 16:48
Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 building group, has reduced his stake in the company by 300,000 shares just a week after announcing the group is now 'well positioned to deliver further profitable growth'. Fitzgerald, who has occupied the role of CEO since 2005,
Read moreLondon close: Footsie in late slide
12th Oct 2012 16:48
Footsie ended the week on a dull note, with most of the losses coming at the death. Evraz suspends Czech steel production Russian steel-maker Evraz led the market lower as it said it had suspended steel production in the Czech Republic because of low demand. Credit Suisse stuck the boot into the
Read moreLondon midday: Basel III boost for banks
12th Oct 2012 11:44
Leading shares largely trod water in the morning session, although banks had a good session on the back of rumours that the implementation of the strict new Basel III capital rules may be delayed. Financials lead the way Banks and insurers have been buoyed by Deutsche Bank upgrading the sectors to
Read moreLondon open: Soft start but banks shine
12th Oct 2012 08:51
London has taken its cue from Wall Street, which experienced a late swoon yesterday, and opened lower. Stocks on the other side of the Atlantic were initially boosted by jobless data, which showed a fall to levels not seen in over four years, but the good mood did not last, as some pundits claimed
Read moreComputacenter throwing money at German problems
12th Oct 2012 07:59
Information technology services provider Computacenter is having to spend time and money getting service levels up to the required standard on some new German contracts, but things are going well in the home market. Revenue in the third quarter of 2012 was up 1% to £656m from £648m in the third qu
Read moreFriday preview: Travis Perkins, Computacenter
11th Oct 2012 17:09
On Friday, builders' merchant Travis Perkins issues an interim management statement, and Panmure Gordon is expecting the group to have made further progress, despite tough market conditions. The broker thinks the key issues will be: Spending outlook - public versus private and housing vs commercia
Read moreMonday broker round-up
3rd Sep 2012 09:14
APR Energy: UBS raises target from 590p to 600p, sell rating unchanged. ARM Holdings: Deutsche Bank downgrades to sell, target cut from 465p to 400p. Burberry: Nomura keeps buy rating and 1,450p target. Cairn Energy: BarCap cuts target from 445p to 350p, equal weight rating kept. Computacenter:
Read moreEmphasis on service requires sacrifices at Computacenter
31st Aug 2012 16:30
The first half of the year saw Computacenter suffer growing pains, particularly in Germany, but it is putting its hand in its pocket to ensure it does not suffer a G4S-style delivery failure. "The challenge of implementing multiple contracts simultaneously and delivering what our customers want, is
Read moreLondon open: Tentative start ahead of Bernanke speech
31st Aug 2012 08:32
- All eyes turn to Bernanke - Mining stocks wanted early on after recent losses - Redrow Chairman makes takeover approach Stock markets across Europe have been rather subdued over the past few days and the opening hour of Friday's session was no different as investors continued to show caution ahea
Read more