Capita "gearing up for growth", Numis upgrades
9th Jun 2014 11:12
The share price of UK business process management and outsourcing group Capita received a boost on Monday from Numis Securities, which raised its recommendation on the stock from 'hold' to 'buy'. The broker also hiked its target price from 1,152p to 1,365p, representing 21% upside from Friday's clo
Read moreMonday broker round-up UPDATE
9th Jun 2014 09:43
Aggreko: Panmure Gordon downgrades from buy to hold with a target price of 1748p. API Group: Numis shifts target price from 84p to 85p, downgrading from buy to add. ASOS: Jefferies reduces target price from 6200p to 5700p, while leaving its buy recommendation unchanged. Betfair Group: Investec ra
Read moreCapita signs new deal with BAE Systems
22nd May 2014 09:27
Capita and BAE Systems have signed a contract for a strategic partnership which will see the former transform the existing method of IT service delivery for the later's submarine building business in Cumbria. The contract is expected to be worth between £60m and £70m over the next five years to Cap
Read moreTuesday broker round-up UPDATE
13th May 2014 09:08
Aberdeen Asset Management: Espirito Santo ups target price from 514p to 550p maintaining its buy recommendation. Asia Resource Minerals: JP Morgan starts with a target price of 210p and a neutral rating. Babcock International: Credit Suisse initiates with a target price of 1350p and an outperform
Read moreFTSE 250 movers: Numis lifts WS Atkins shares
12th May 2014 14:42
WS Atkins rose strongly after it was upgraded by Numis Securities to a 'buy' rating. Russian precious metals producer Polymetal also climbed after it said that the reserves and resources audit of Svetloye has estimated that the project can produce an average of 70,000 ounces (oz) of gold every yea
Read moreBroker tips: Barclays, Capita, BSkyB, Lonmin
12th May 2014 12:36
Credit Suisse lifted its price target on Barclays to 275p from 260p as a result of its revised forecasts following its group strategy update last week. The bank maintained its 'neutral' recommendation on the shares, saying that the stock "is fairly valued". Panmure Gordon has hiked its target pric
Read moreLondon midday: Miners give markets a boost despite Ukraine worries
12th May 2014 11:37
- JPMorgan, China hopes lift mining stocks - Ukraine in focus after referendums - BSkyB falls amid Fox pay-TV deal speculation techMARK 2,793.49 +0.40% FTSE 100 6,844.10 +0.43% FTSE 250 15,961.01 +0.48% Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight ga
Read moreMonday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read morePanmure hikes Capita target but stock still a 'hold'
12th May 2014 10:02
Panmure Gordon has hiked its target price for Capita after a 'solid' first quarter from the business process outsourcing firm, but has kept its 'hold' recommendation on the stock. The broker has raised its target for the shares from 950p to 1,200p, saying there is good potential for earnings upgrad
Read moreLondon open: Miners lead stocks higher on Chinese stimulus hopes
12th May 2014 08:29
- Chinese stimulus hopes increase after Xi comments - Ukraine in focus after regional referenda - BSkyB in talks with Fox over German, Italian assets techMARK 2,785.14 +0.10% FTSE 100 6,828.98 +0.21% FTSE 250 15,940.81 +0.35% UK stocks edged higher on Monday morning despite heightened tensions in
Read moreLondon pre-open: FTSE to rise, traders eye stimulus in China
12th May 2014 07:40
The week is set to get off to a positive start for UK stocks, following a mixed picture in Asia overnight and a decent finish in the US on Friday. The Dow Jones Industrials managed to set a fresh record high, although the 16,000 point area continues to act as resistance for now. City sources are p
Read moreCapita on track after 'strong start' to 2014
12th May 2014 07:06
- 1.1bn pounds of contracts year-to-date - Bid pipeline at 5.5bn pounds - On track to hit forecasts Capita, the business process outsourcing firm, said it made a 'strong start' to 2014 with over a billion pounds-worth of major new sales wins. As a result, the company said it is well-placed to achi
Read moreThursday preview: MPC and ECB to take centre stage
7th May 2014 18:04
Thursday will again see a steady flow of corporate announcements hit the tape, including the latest figures from Capita, Serco, Prudential, RSA, Morrison, Barratt Developments and Beazley. Nevertheless, and in the background, what traders will be watching most closely is tomorrow´s meeting of the M
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreWednesday broker round-up UPDATE
16th Apr 2014 08:44
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
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