Computacenter does well in UK but Germany and France weigh
17th Jul 2014 09:57
IT infrastructure services supplier Computacenter reported strong UK trading but said it was facing tough markets in Germany and a need for cost cuts in France. The group's UK revenue rose 14% in the first half of the year with services revenue increasing by 8% and supply chain revenue increasing b
Read moreLondon close: FTSE ends almost flat after quiet end to busy week
4th Jul 2014 16:59
- FTSE closes up just 0.84 points at 6,866.05 - Experian leads following broker comment - UK new car registrations rise 10.6% YOY techMARK 2,855.66 +0.13% FTSE 100 6,866.05 +0.01% FTSE 250 16,050.16 +0.13% It was an almost flat finish for the UK's top tier index on Friday, with the index coming of
Read moreFTSE 250 movers: Greene King leads risers as Ocado falls
4th Jul 2014 15:59
Greene King recovered from yesterday's declines, which came after the pub owner warned that consumers were still cautious, despite posted a rise in profit. Computacenter rose after UBS upgraded its from 'neutral' to 'buy'. Evraz shares climbed on rumours that the company is looking to offload a
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreFTSE 250 movers: Centamin rises on law change hopes
24th Apr 2014 15:30
Centamin rose strongly on the back of hopes a change in the law could resolve the Egyptian mining row. After a claim was made against the company's licence for the Sukari mine, in 2012 a court ruled the company did not have the right to mine with the licence, a decision since appealed by the group
Read moreComputacenter says more work needed to improve French business
24th Apr 2014 07:42
- Restructuring charge expected due to changes in France - Group revenue up eight per cent - Trading mixed between regions Computacenter said it expects to be hit with restructuring charges as it works to reduce costs further in France with 'much work to be done' in the region to improve its perfo
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreThursday broker round-up UPDATE
13th Mar 2014 09:07
Advanced Medical Solutions: FinnCap ups target price from 75p to 114p retaining its hold recommendation. Antofagasta: Investec cuts target price from 764p to 753p and retains a sell recommendation. Barclays: Numis shifts target price from 274p to 280p upgrading from hold to add. BBA Aviation: JP
Read moreFTSE 250 movers: Inchcape rises on strong annual results
11th Mar 2014 15:37
Inchcape delivered record annual results as the car dealership enjoyed buoyant demand for luxury vehicles. The company reported a pre-exceptional pre-tax profit of £274.6m for the year through December 2013, up 11.2% on the prior year, as sales jumped 7.7% to £6.5bn. Adjusted earnings per share gr
Read moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreComputacenter's robust results tainted by French and German issues
11th Mar 2014 07:40
- Revenues up 2.5 per cent - PBT and EPS up 1.4 and 6.1 per cent - Dividend up 13 per cent to 17.5p - Current trading mixed, France to remain lossmaking IT services group Computacenter recorded its fourth successive year of revenue growth, helped by a strong performance in the UK and more stability
Read moreThursday broker round-up UPDATE
16th Jan 2014 08:59
Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell
Read moreComputacenter eyes full-year slightly ahead of forecasts
16th Jan 2014 08:10
- Expects full-year to be slightly ahead of previous forecasts - Strong demand for UK maintenance services - Expects further progress in 2014 Computer services business Computacenter said it expects full-year results to be slightly ahead of its previous expectations following robust demand for its
Read moreFriday broker round-up UPDATE
29th Nov 2013 08:52
Bovis Homes: Panmure Gordon ups target price from 875p to 900p and stays with its buy recommendation. BowLeven: Barclays cuts target price from 175p to 135p maintaining its overweight rating. BT Group: Jefferies shifts target price from 430p to 435p and retains a buy recommendation. Compass Group
Read moreFriday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
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