Friday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
Read moreTuesday broker round-up UPDATE
20th May 2014 07:58
Alent: UBS lowers target price from 360p to 355p and keeps a buy recommendation. APR Energy: Investec reduces target price from 1150p to 880p and stays with its hold recommendation. ARM Holdings: Goldman Sachs reduces target price from 1450p to 1400p and stays with its buy recommendation. AVEVA H
Read moreThursday broker round-up UPDATE
15th May 2014 09:43
Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl
Read moreLondon close: FTSE closes modestly higher
14th May 2014 16:59
- FTSE closes up 5.41 points at 6,878.49 - Quarterly unemployment falls - Ukraine launches discussions to end the crisis techMARK 2,793.06 -0.40% FTSE 100 6,878.49 +0.08% FTSE 250 15,974.61 -0.40% UK stocks delivered a modest rise on Wednesday as investors digested the latest minutes from the Bank
Read moreFTSE 100 movers: Aggreko lifted by Citigroup note
14th May 2014 15:15
Aggreko rose strongly today after Citigroup reiterated its 'buy' rating on the stock. Paper and packaging group Mondi was following close behind after it delivered a 13% increase in underlying operating profits in the first quarter despite a "mixed" trading environment and flat sales volumes. Under
Read moreBroker tips: ITV, Compass, Mondi, Admiral
14th May 2014 13:14
Investec has sounded a cautious note on ITV, saying that some may have expected more from the terrestrial broadcaster with its first-quarter update. The broker maintained a 'hold' stance on the shares with a 195p target price, saying that the stock's valuation "looks quite full versus media peers".
Read moreLondon midday: ITV drops as UK stocks retreat from 14-year high
14th May 2014 11:50
- ITV leads fallers after underwhelming Q1 - Markets pull back from highest level since 1999 - BoE strikes dovish tone in Inflation Report - Compass, Mondi rise strongly after updates techMARK 2,797.20 -0.25% FTSE 100 6,862.96 -0.15% FTSE 250 16,008.81 -0.19% UK stocks were in negative territory o
Read morePanmure Gordon sees 'significant upside' at Compass
14th May 2014 10:40
Panmure Gordon sees 'significant upside' at Compass Group after the catering company delivered decent first-half results and announced a one billion-pound special dividend. The broker reiterated its 'buy' recommendation and 1,100p target price for the stock. Despite adverse foreign exchange (FX) m
Read moreLondon open: UK stocks retreat from 14-year high, BoE in focus
14th May 2014 08:43
- FTSE 100 pulls back after nearing record - BoE in focus ahead of inflation report - UK employment data due out - Compass unveils 1bn-pound cash return techMARK 2,798.34 -0.21% FTSE 100 6,857.97 -0.22% FTSE 250 16,046.94 +0.05% UK stocks declined on Wednesday morning as investors took profits aft
Read moreCompass unveils 1bn-pound special divi after solid first half
14th May 2014 07:23
- 1bn pounds to be return to shareholders - Interim dividend up 10 per cent - Revenues rise 4.2 per cent organically - Currency impact weighs on reported results Catering giant Compass has hiked its interim dividend after a solid first half and unveiled a one billion-pound capital return to investo
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreThursday broker round-up UPDATE
10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
Read moreBroker tips: Miners, Babcock, Compass...
27th Mar 2014 12:58
Jefferies has lowered its earnings forecasts and target prices across the UK-listed mining sector and cut its rating for Glencore Xstrata, recommending investors to stick with top picks Rio Tinto and BHP Billiton. "Chinese demand growth for commodities is unlikely to accelerate without aggressive s
Read moreCompass remains a 'key sector pick', says Investec
27th Mar 2014 11:44
Investec has reiterated its 'buy' stance and 1,050p target price for catering giant Compass, saying that the stock remains a "key sector pick" after its second-quarter trading update. Compass said that organic revenue growth for the first half ending March 31st will be "just over 4%", which Investe
Read moreKillik says Compass profits to continue rising in medium term
27th Mar 2014 11:39
Killik & Co believes Compass Group profits will get tastier as the caterer benefits from more outsourcing and growth in emerging markets. Killik said underlying earnings and dividends will carry on rising in excess of 10% a year in the medium term after Compass issued a trading statement saying it
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