Thursday broker round-up
7th Jun 2012 09:23
Barclays: Deutsche Bank retains buy rating and 295p target. Burberry: Credit Suisse upgrades to outperform, target lifted from 1,420p to 1,650p. Centamin: Nomrua upgrades from neutral to buy, target lifted from 100p to 130p. Circle Oil: Investec cuts target from 90p to 86p, buy rating maintained.
Read moreSunday share tips: Compass, Facebook, EKF Diagnostics
20th May 2012 18:15
From providing finger food to the Welsh Assembly to serving strawberries at Wimbledon, Compass's operations make it the largest catering group in the world. Last week's interim numbers not only showed the defensive nature of the business but the cash-generating ability that makes its shares attracti
Read moreThursday broker round-up
17th May 2012 09:36
African Barrick Gold: Goldman Sachs upgrades from sell to neutral. Amlin: Nomura maintains neutral rating and 383p target. Aviva: Shore Capital downgrades from buy to hold; Nomura keeps buy rating and 600p target. Babcock: Liberum Capital downgrades from buy to hold. Brammer: Westhouse Securitie
Read moreLondon close: Stocks fall on Greek exit talk
16th May 2012 16:22
- Greek exit speculation sinks stocks again - ECB stops funding to some Greek banks (report) - Eurozone crisis to limit UK GDP in 2012, says BoE After a temporary foray into positive territory, the FTSE 100 slipped late on to finish in the red for a third straight day as concerns over a potential G
Read moreLondon midday: Greece, UK concerns pull Footsie to five-month low
16th May 2012 11:34
- Footsie nears five-month low - Potential Greek exit grips markets - Bank of England cuts GDP forecast, unemployment falls Concerns over a potential exit of Greece and growth in the UK were weighing on the FTSE 100 by Wednesday lunchtime, with the Footsie sinking to intraday levels not seen since
Read moreLondon open: Footsie at lowest levels since mid-December
16th May 2012 09:04
- Greek concerns dent Footsie again - Glencore, Sainsbury fall after going ex-dividend - Lamprell tanks on FTSE 250 London's FTSE 100 suffered a third straight sell-off on Wednesday, sending the blue chip index to a near five-month low in early trading on the back of concerns over the political si
Read moreWednesday broker round-up - UPDATE
16th May 2012 08:26
Babcock: UBS raises target from 880p to 950p, buy recommendation unchanged. Barclays: UBS upgrades from neuter lot buy, target cut from 272p to 215p. Cineworld: Merchant Securities maintains buy rating and 244p target. Compass Group: Numis upgrades from add to buy, target left at 750p. Experian:
Read moreLondon pre-open: Another big sell-off expected in morning trading
16th May 2012 07:42
City sources predict the FTSE 100 will open down 79 points from yesterday's close of 5,438, extending the week's losses after failed coalition talks in Greece, forcing the country to hold new elections. Oil giant Tullow said it is confident of delivering further significant growth in 2012 after w
Read moreCompass ahead of expectations in first half
16th May 2012 07:06
Catering firm Compass posted results that were slightly better than expected, driven by new business wins and a high rate of contract retention. Revenue of £8.6bn in the six months to the end of March was up 8.6% on the year before. Underlying pre-tax profit was up 7.7% to £572m, while earnings pe
Read moreWednesday preview: Compass, Cineworld
15th May 2012 16:01
Interim results from contract caterer Compass should show the benefit of new contract wins and high retention rates. The figures could show revenue growth of 8.5% and organic growth of 5%, according to Charles Stanley analyst Tony Shepard. The broker is forecasting pre-tax profit of £560m, up from
Read moreLondon close: Lacklustre day for Footsie
3rd Apr 2012 16:52
London's leading shares drifted lower, with little to encourage buyers into the market ahead of the release this evening of the minutes from the March 13th meeting of the Federal Open Market Committee, the US Federal Reserve's policy-making committee. Sky grounded after Murdoch resignation Britis
Read moreFTSE 100 movers: Aberdeen Asset on top form after Morgan Stanley boost
3rd Apr 2012 15:31
Aberdeen Asset Management, which is hoping to get the investment manager gig at Alliance Trust should the under-siege investment trust outsource its portfolio management, was the top performing blue-chip on Tuesday after Morgan Stanley recommended acquiring the shares. Drugs giant GlaxoSmithKline
Read moreLondon midday: Whitbread blows froth off Costa speculation
3rd Apr 2012 11:47
The Footsie moved sideways in the morning session, prompting the suspicion that many traders have made an early start to the Easter break. Food - and drink - for thought Whitbread's Chief Executive Officer, Andy Harrison, moved to damp down speculation about the possibility of the Premier Inn and
Read moreSunday tips round-up: Zambeef, Electrocomponents, Compass
1st Apr 2012 16:04
AIM-listed Zambeef Products is perfectly positioned to benefit from Africa's growing wealth and could double profits this year.Last month, however, it received a nasty surprise when the Zambian tax authorities said it owed the equivalent of £6.7m relating to Zamanita, an edible oils business acquire
Read moreLondon close: UK GDP, Eurozone concerns weigh on stocks
28th Mar 2012 16:40
- UK Q4 GDP weaker than first thought - RSA leads ex-div stocks lower - Comments from ECB's Weidmann weigh on markets Just a dozen or so stocks on the FTSE 100 finished in the blue on Wednesday as the benchmark index sank a whole percentage point to its lowest level of the day. A weaker-than-expe
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