Monday broker round-up UPDATE
14th Jan 2013 06:57
Aberdeen Asset Management: JP Morgan ups target price from 414p to 479p and retains an overweight rating. HSBC downgrades to neutral. Aggreko: UBS cuts target price from 2350p to 2250p maintaining a buy rating. ARM Holdings: Piper Jaffray downgrade to neutral. Ashmore Group: JP Morgan shifts ta
Read moreCEO and Finance Director of CVS sell shares post exercise
7th Jan 2013 16:27
Veterinary services provider CVS announced the sale of shares by two of its senior directors following the exercise of options granted under the CVS group long term incentive plan. Chief Executive Simon Innes sold 223,482 shares, taking his stake to 546,475, equal to 0.96% of the issued share capi
Read moreCVS proves pet care pays with second dividend
25th Sep 2012 10:54
CVS Group, the rapidly expanding veterinary surgery chain, has reported growing revenues and its second ever dividend as pet owners have continued to splash the cash during the dog days of the recession. In the 12 months to the end of June CVS grew revenue by 7.1% to £108.7m while like-for-like sal
Read moreTuesday preview: DMGT, Euromoney, Close Brothers ...
24th Sep 2012 18:18
Publisher and exhibitions organiser Daily Mail & General Trust (DMGT) issues a pre-close statement on Tuesday, and Peel Hunt thinks the resilience of the business-to-business (B2B) side will balance the more volatile consumer markets side. "We anticipate a mixed performance from Consumer, with Asso
Read moreCVS making animal profits
14th Mar 2012 10:50
Britain's biggest veterinary chain, CVS Group, has seen revenues climb on the back of a strong performance from its 225 surgeries while laboratory and crematorium income also rose. Revenues in the six months to the end of December were £54.0m (2010: £50.5m). Like-for-like (LFL) sales increased by 2
Read moreWednesday broker round-up
14th Mar 2012 10:02
Antofagasta: Fox-Davies upgrades from sell to hold, target lifted from 1,121p to 1,197p. AZ Electronic Materials: Goldman Sachs upgrades from buy to conviction buy, target raised from 380p to 440p. Close Brothers: UBS raises target from 690p to 750p, neutral rating kept. Computacenter: UBS raises
Read moreOh lord! Carpetright chief buys up shares
14th Dec 2011 16:45
Lord Philip Harris of Peckham, also known as the chief executive of Carpetright, has bought himself an early Christmas present in the form of £214,750-worth of shares. Harris purchased 50,000 shares at 429.50p each, on the same day the flooring specialist firm announced a 3.9% drop in revenue in
Read moreTuesday broker round-up - UPDATE
13th Dec 2011 09:54
Amec: Citi upgrades to buy from sell. Royal Dutch Shell: Citi downgrades to neutral from buy. Petrofac: Investec reiterates buy, 1,705p target under review. Petrofac: Evolution Securities reiterates add and 1,700p target. Whitbread: Evolution Securities keeps buy rating and 1,800p target. Whitb
Read moreThursday broker round-up - UPDATE
8th Dec 2011 08:45
Tesco: Nomura keeps buy rating and 500p target. Tesco: Evolution Securities keeps reduce stance and 350p target. Tesco: Panmure Gordon keeps buy rating and 500p target. Standard Chartered: Nomura maintains buy recommendation and 1,800p target. PZ Cussons: Panmure Gordon cuts target from 380p to
Read moreThursday broker round-up - UPDATE
24th Nov 2011 09:48
Weir: Peel Hunt upgrades from hold to buy, target cut from 2,100p to 2,000p. Weir: Investec maintains buy rating and 2,250p target. Compass: Panmure Gordon raises target from 643p to 658p, buy rating unchanged. Smith & Nephew: Panmure Gordon cuts target from 750p to 640p, buy rating kept. Dixons
Read moreBroker snap: Panmure Gordon moves to "buy" on CVS
27th Sep 2011 11:44
Results ahead of expectations from veterinary practice owner CVS prompted Panmure Gordon to raise its rating on the stock to "buy" from "hold". "While the economic environment has no doubt had an impact on LFL (like-for-like) revenues and margins as previously flagged, cash generation and subsequen
Read moreCVS Group sees FY results in line with expectations
25th Jul 2011 14:05
CVS Group shares rose after the veterinary practices owner said it expects full-year results to be in line with market expectations and said it has added three veterinary clinics to its practice division. For the year ended June 30, the company said like-for-like turnover recorded 0.4% growth, wit
Read moreCVS hit by lower pet spending
17th Mar 2011 17:53
Reduced spending by pet owners and greater online competition has hit veterinary practices owner CVS Group. A decline in underlying interim profit from £4.86m to £4.78m indicates the problems. Acquisitions helped revenues rise from £41.5m to £50.5m in the six months to December 2010 but like-for-li
Read moreManagers back Goals Soccer
16th Dec 2010 17:13
Members of the management team at Goals Soccer Centres considered today's trading update an opportunity to buy - over £200,000 of shares in total. The five-a-side football pitch operator said trading has been resilient, though the recent snowfall means the company is unlikely to meet its 2010 profi
Read moreThursday tips round-up: Sports Direct, Eddie Stobart, Bunzl
21st Oct 2010 06:49
Sportswear retailing has long had something of a Wild West reputation, marred as it is by feuds, backbiting and the odd run-in with the law. Tuesday's announcement by the Serious Fraud Office that it was no longer pursuing a cartel inquiry against Sports Direct and JJB Sports may go some way to salv
Read more