Friday broker round-up UPDATE
24th Oct 2014 10:11
Advanced Medical Solutions: Oriel initiates with a target price of 135p and a buy recommendation. African Barrick Gold: JP Morgan moves target price from 300p to 310p maintaining its overweight rating. Canaccord Genuity reduces target price from 330p to 275p keeping a buy recommendation. Numis moves
Read moreMonday broker round-up UPDATE
20th Oct 2014 09:48
African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:
Read moreSector movers: Mining stocks continue to rise as China concerns ease
14th Oct 2014 14:20
Mining stocks were on the rise again on Tuesday as share prices continued to rebound after a recent slump. Fears about a global economic slowdown have weighed heavily on equity markets over recent weeks with the mining sector bearing the brunt of the sell-off as commodity prices dropped. However, c
Read moreSector movers: Miners track metals higher after Fed minutes
9th Oct 2014 14:50
Mining stocks were leading the gains on London's stock market on Thursday as metal prices advanced amid hopes that the US Federal Reserve will not rush to raise interest rates. A dovish set of minutes from the latest Federal Open Market Committee meeting sparked a steep fall in the dollar on Wednesd
Read moreCentamin has mountain to climb to hit target, says Peel Hunt
9th Oct 2014 12:46
Centamin has a "mountain to climb" towards the end of the year, according to analysts at Peel Hunt, after production rates for the third quarter came in short of hopes. The broker maintained its 'buy' rating and 75p target price for the gold miner after Thursday's output update, but has downgraded i
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreCentamin left with big challenge to hit full year target
9th Oct 2014 08:13
Third quarter production at Egyptian gold miner Centamin was up 15% on the same period last year, below some analysts' expectations, but the company was bullish about meeting its optimistic full-year target. After producing an estimated 93,624oz of gold in the quarter from its Sukari gold mine the c
Read moreSector movers: Ebola fears hammer travel stocks, but grocers and miners rise
7th Oct 2014 14:19
Fears about the fallout from a potential Ebola outbreak hammered stocks in the travel and leisure sectors on Tuesday with UK-listed airlines and tour operators dropped sharply. In contrast, supermarket and mining stocks were bucking the trend with the two sectors, which have both bore the brunt of t
Read moreSector movers: Next weighs on retailers, while broker commentary buoys miners
6th Oct 2014 14:19
Retailers were the weakest performing sector on Tuesday, dragged down by the negative news-flow around ex-market darling Next. The fashion retailer warned investors that third quarter sales would be coming in below analysts' expectations and that a continuation of the cold weather could reduce full-
Read moreTuesday broker round-up UPDATE
30th Sep 2014 09:50
Aberdeen: Goldman Sachs ups target price from 540p to 560pp retaining a buy recommendation. African Barrick Gold: Deutsche Bank moves target price from 270p to 280p and reiterates a hold recommendation. Investec lowers target price from 260p to 258p, while upgrading to buy. African Minerals: Invest
Read moreLondon open: Footsie slips as Russia threatens immediate retaliation
26th Sep 2014 08:54
The Footsie slipped quickly into the red after the start of trading on Friday, with US stocks having fallen deeper into the red for the month of September overnight amid on-going geopolitical concerns about both Russia and Iraq. Vladimir Putin has demanded that the European Union re-open a trade pac
Read moreFTSE 250 movers: Booker rises after positive first half
18th Sep 2014 15:40
Shares in Booker Group performed strongly on Thursday after the group reported a 3.1% year-on-year rise in like-for-like sales. The result was welcome by Peel Hunt, which said it continues to see "significant upside" at the cash and cash firm after a decent second-quarter update. The broker kept a '
Read moreSector movers: Precious metal miners fall as gold sinks after FOMC
18th Sep 2014 14:11
Heavy falls in the prices of gold and silver saw precious metal miners drop on Thursday after the Federal Reserve lifted its outlook for interest rates. While the Federal Open Market Committee on Wednesday maintained its pledge to keep short-term interest rates near zero for a "considerable time" af
Read moreLondon midday: Scottish stocks lead gains ahead of crucial referendum
18th Sep 2014 11:43
After a slow start, London stocks advanced on Thursday with the FTSE 100 bouncing off its lowest levels in nearly a month, as companies based north of the border advanced with the focus firmly on the Scottish referendum. The benchmark Footsie index was trading 0.4% higher at 6,811 by noon. Three str
Read moreLondon open: FTSE fluctuates at one-month low as markets await Scottish vote
18th Sep 2014 08:31
UK stocks opened broadly flat on Thursday as investors digested comments from the Federal Reserve and showed caution ahead of the Scottish referendum. London's FTSE 100 was down 0.06% at 6,777 in early deals, fluctuating at its lowest levels in nearly a month. The index closed the previous session a
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