Thursday broker round-up UPDATE
5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreFTSE 250 movers: Lonmin jumps on strong results
11th Nov 2013 15:39
South Africa-focused Lonmin, the world's third largest platinum producer, has released its final results for the year ended on September 30th. The company's underlying profit before tax improved to $158m (£98.75m) from $57m a year ago. Online gambling outfit 888 rose after it, along with Atlantic
Read moreCobham reduces 2014 revenue forecast
11th Nov 2013 09:37
- Cobham reduces 2014 revenue forecast - Tight US defence market impacts results - Organic revenue growth expected in 2015 Cobham's shares fell in Monday morning trading after the British defence and aerospace supplier reduced its 2014 revenue forecast. The company said it now expects revenue in
Read moreMonday broker round-up UPDATE
11th Nov 2013 08:50
Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin
Read moreSector movers: QinetiQ leads defence stocks higher on M&A reports
21st Oct 2013 15:44
Aerospace and defence stocks were gaining ground on Monday as deal speculation, trading updates and upbeat broker commentary lifted the sector higher. QinetiQ, the defence technology and security firm, was a high riser today on weekend reports that it is putting its US division up for sale. Hopes
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreSector movers: BAE, Rolls-Royce lead aero/defence sector higher
24th Sep 2013 14:27
Aerospace and defence stocks were among the best performers on Tuesday afternoon with gains from sector giants BAE Systems and Rolls-Royce providing a lift. BAE's share price was boosted on the news that South Korea has reopened an $8bn tender to upgrade its ageing air force. Seoul is looking for
Read moreWednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreTuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreMonday broker round-up UPDATE
12th Aug 2013 07:30
BAE Systems: Morgan Stanley increases target price from 350p to 430p and retains an equal-weight rating. Bodycote: N+1 Singer upgrades to buy with a target price of 700p. British American Tabacco: Goldman Sachs takes target price from 4220p to 4280p and stays with its buy recommendation. Capita G
Read moreFriday broker round-up UPDATE
9th Aug 2013 07:29
Aquarius Platinum: Deutsche Bank lowers target price from 63p to 60p keeping a buy recommendation. Ashmore Group: HSBC ups target price from 400p to 435p, while keeping overweight rating. ASOS: UBS raises target price from 4600p to 6000p staying with its buy recommendation. Aviva: Bank of America
Read moreCobham reports fall in half-year pre-tax profits
8th Aug 2013 08:50
Pre-tax profits registered a half-year decline at defence group Cobham after the US defence/security market suffered weakness. Also affected by prior period beacon divestments, underlying profit before taxation was £137m (2012: £141m), while underlying earnings per share (EPS) fell 3.0% to 10.3p (
Read moreThursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
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