Wednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreSector movers: Chemical stocks gain on Merck-AZ Electronic deal
5th Dec 2013 15:49
Chemical stocks were the best performers on Thursday on the back of M&A activity in the sector with AZ Electronic Materials (AZEM) rocketing after an offer from German drugs and chemicals giant Merck. Merck today launched a 403.5p-a-share offer for the specialty chemicals firm, a 53% premium to the
Read moreMeggitt CFO restores some faith after more than doubling stake
7th Nov 2013 16:01
Meggitt's Chief Financial Officer helped lift the share price higher on Thursday after growing his stake in the aerospace and defence manufacturer. The purchase of 15,000 shares at 505.38p each came one week after the group served up a double dose of bad news for investors, when it told them tradi
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreLondon close: FTSE drops 46 points as data comes in mixed
31st Oct 2013 16:22
- FTSE declines 46 points - Fed decision continues to weigh heavy - Data across the globe comes in mixed techMARK 2,662.03 -0.11% FTSE 100 6,731.43 -0.68% FTSE 250 15,479.95 -0.66% The FTSE 100 fell 46 points by the close on Thursday as investors took stock of the Federal Reserve's policy decisio
Read moreFTSE 100 movers: BT jumps after impressing with Sport package
31st Oct 2013 13:26
Telecomms heavyweight BT today reported a 13 per cent decline in half-year pre-tax profits to 948m pounds, but said the recently introduced BT Sport package had made a 'confident start'. Shares in the group floated higher, encouraged by a 13 per cent jump in the interim dividend to 3.4p and a reaffi
Read moreLondon open: FTSE swoops lower, dragged by Croda Intl
31st Oct 2013 08:45
- FTSE led lower by Croda Intl - Guidance sought from abroad - German consumer confidence falls techMARK 2,646.30 -0.70% FTSE 100 6,753.63 -0.36% FTSE 250 15,493.32 -0.58% The FTSE offered up few treats on Thursday, swooping 24 points lower in early trade, following the Federal Open Market Committ
Read moreLondon pre-open: No treats for investors as FTSE set to open in the red
31st Oct 2013 07:32
City sources predict the FTSE 100 will open around 20 points lower than yesterday's close of 6,777.70, with investors feeling somewhat spooked by the Federal Open Market Committee's decision not to close the door on a start to Fed tapering even as soon as its next meeting, in December. Initial mar
Read moreCroda International warns on currencies, shares plunge
31st Oct 2013 07:00
- Growth across all regions - Warns on currencies - Market conditions expected to remain subdued Since the start of July, Croda International has seen a continued improvement in sales trends, and on Thursday treated investors by reporting growth across all regions. This was despite subdued under
Read moreLondon midday: Markets pause on US stalemate, mixed Chinese data
14th Oct 2013 11:28
Markets paused at a two-week high on Monday as investors refrained from building as concerns over the US debt ceiling and mixed data from China weighed on risk appetite. London's benchmark FTSE 100 was trading with small gains by midday after finishing Friday's session at 6,483.79, its highest clos
Read moreMonday broker round-up UPDATE
14th Oct 2013 08:46
Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.
Read moreLondon open: Stocks flat as US political deadlock continues
14th Oct 2013 08:38
A political stalemate in Washington over the debt ceiling weighed on risk appetite on Monday morning, with the FTSE 100 holding steady in early trading after hitting two-week highs the previous session. London's benchmark index finished at 6,483.79 on Friday, its highest close since September 27th,
Read moreLondon close: Stocks jump to two-week high on hopes over US debt deal
11th Oct 2013 16:34
Hopes that US lawmakers can lift the debt ceiling and avert a default spurred markets higher on Friday with the FTSE 100 rising to levels not seen in two weeks. Sentiment was also lifted by the successful stock-market debut of postal group Royal Mail which soared by over a third after attracting a
Read more