FTSE 250 movers: Hays leads ahead of Q1 results
6th Oct 2014 14:34
Hays was rising ahead of its first-quarter results due out on Friday, which come after its chief in August said he felt confident that the company could reach its target of doubling operating profits to £250m. Just Retirement was lifted by Deutsche Bank, which upped its rating on the stock from 'hol
Read moreMonday broker round-up
6th Oct 2014 10:05
Asos: UBS ups target price from 4000p to 4050p and stays with its buy recommendation. Cranswick: Numis cuts target price from 1326p to 1296p and keeps a hold recommendation. Dunelm Group: Citi reduces target price from 930p to 870p downgrading to neutral. easyJet: Citi ups target price from 1600p
Read moreCranswick hoping for festive boost after flat first half
6th Oct 2014 07:49
UK meat producer and food supplier Cranswick is hoping for a decent performance over the festive season after lower sales of fresh pork led to flat revenues in the first half. The company, which also produces cooked meats, charcuterie and sandwiches, said that market conditions in the second half of
Read moreFTSE 250 movers: Debenhams jumps on new CFO
28th Jul 2014 14:38
High street retailer Debenhams raced to the top of the leaderboard on the news it has appointed the Chief Financial Officer (CFO) of Mothercare to the same role on its own board. Matt Smith, who has been CFO at Mothercare since last year and has previously been Finance Director of Home Retail's Argo
Read moreMonday broker round-up UPDATE
28th Jul 2014 11:06
African Barrick Gold: UBS ups target price from 260p to 290p and maintains a buy recommendation. Deutsche Bank cuts target price from 300p to 280p and reiterates a buy recommendation. Anglo American: UBS downgrades from buy to neutral with a target price of 1700p. Barclays: Nomura cuts target pric
Read moreCranswick's first quarter revenue rises as capacity grows
28th Jul 2014 09:06
Cranswick posted a 5% increase in first quarter revenue as the UK food producer achieved growth across most of its product categories. The company said operating margin in the three months to June 30th was similar to that achieved in the previous year. The firm invested further in its asset base
Read moreFTSE 250 movers: Ocado rebounds from yesterday's heavy losses
2nd Jul 2014 15:02
Online grocer Ocado was rebounding strongly after a heavy fall the previous day with analysts at Deutsche Bank providing a lift by upgrading the stock to 'hold'. The company underwhelmed the market with its interim results on Tuesday, but the bank said it now sees limited downside to its target pric
Read moreCranswick non-exec builds stake
23rd Jun 2014 16:27
Non-Executive Director Mark Reckitt has modestly increased his holding in food producer Cranswick with the purchase of 1,300 shares. The £15,795 deal, in which Reckitt bought the shares at 1,215p each, came around one month after the group, which is Britain's largest pork processor, shrugged off r
Read moreHydroDec directors add 4.36m shares, stock value jumps
10th Jun 2014 15:52
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday. The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier. T
Read moreWednesday broker round-up UPDATE
4th Jun 2014 09:28
Advanced Computer Software: Panmure Gordon ups target price from 139p to 155p and stays with its buy recommendation. Avacta: Numis shifts target price from 1.9p to 2p and retains a buy recommendation. Balfour Beatty: Westhouse Securities reduces target price from 302p to 220p keeping its neutral r
Read moreSunday share tips: United Utilities, TV and telecoms, Cranswick
25th May 2014 10:52
United Utilities faces regulatory wrangling and rising interest rates, making its shares no better than a hold, the Sunday Telegraph's Questor column said. The water company has reported rising profits, strong cash flows and dividend increases linked to inflation. But in future it is up against a re
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 moreLondon pre-open: Ukraine elections and BoE remarks in focus
19th May 2014 07:40
Stocks are set to begin this week little changed from the end of last, with just a modest decline of around seven points below Friday's close of 6,855.81. Investors will kick off today's session with AstraZeneca firmly in focus after its board rejected a final offer from US pharmaceutical rival Pfi
Read moreCranswick mitigates record pig prices, full-year profit rises
19th May 2014 07:04
- Lifts annual profit despite record pig prices - Mitigating costs, expanding in pork facilities - Increased dividend payment Britain's largest pork processor Cranswick shrugged off record input prices to report annual growth in most of its product categories and underlined its confidence in future
Read moreTuesday broker round-up UPDATE
8th Apr 2014 09:18
API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai
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