London open: Stocks rise after German data and Chinese central-bank action
26th Jun 2013 08:51
UK stocks opened with moderate gains on Wednesday morning as markets continued to claw back from their recent sell-off, with data from Germany and central-bank action in China providing some support early on. While Germany continues to trudge through the Eurozone recession, consumer confidence is
Read moreTuesday broker round-up UPDATE
4th Jun 2013 07:25
Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum
Read moreThursday broker round-up UPDATE
30th May 2013 08:19
AMEC: Morgan Stanley reduces target price from 1220p to 1100p and retains an underweight rating. Amlin: JP Morgan takes target price from 360p to 400p maintaining an underweight rating. Brewin Dolphin: Canaccord Genuity raises target price from 230p to 285p and reiterates a buy recommendation. C
Read moreFTSE 250 movers: AVEVA climbs on cash return plans
24th May 2013 16:04
Engineering data and IT group AVEVA was extending gains after yesterday's results in which it revealed a 100m pound cash return to shareholders. Credit Suisse raised its target price for the shares this morning. IT infrastructure firm Computacenter rose after giving details of a £75m cash return f
Read moreFriday broker round-up UPDATE
24th May 2013 08:00
Aveva: Panmure Gordon ups target price from 2076p to to 2091p keeping a hold recommendation. Investec takes target price from 2450p to 2500p and retains its buy recommendation. Credit Suisse increases target price from 2013p to 2240p, while staying with its neutral rating. Barratt Developments: Lib
Read moreThursday broker round-up UPDATE
23rd May 2013 08:35
Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreDairy Crest lifts full year profit
23rd May 2013 07:59
Cathedral City cheese maker Dairy Crest revealed improved full year adjusted pre-tax profit and said trading in the current year is in line with expectations. Adjusted pre-tax profit rose 7% to £50.6m for year ended March 31st 2013 while revenue slipped to £1.382bn from £1.515bn previously. The
Read moreThursday broker round-up UPDATE
16th May 2013 07:43
Barratt Developments: Deutsche Bank lowers target price from 336p to 327p, while leaving its buy recommendation unaltered. BG Group: Credit Suisse raises target price from 1150p to 1190p keeping a neutral rating. BT Group: Berenberg takes target price from 280p to 375p and retains a buy recommenda
Read moreFriday broker round-up UPDATE
19th Apr 2013 08:47
African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating. Belvoir L
Read moreDairy Crest completes reorganisation of capital structure
18th Apr 2013 10:04
Dairy Crest announced Friday it has completed a reorganisation of its capital structure and agreed to pay more into its pension fund. The dairy products company started the reorganisation after last year's £341m cash sale of its French spreads business, St Hubert. It included the early repayment o
Read moreThursday broker round-up UPDATE
18th Apr 2013 07:16
African Barrick Gold: Investec reduces target price from 315p to 286p keeping a hold recommendation. BHP Billiton: JP Morgan cuts target price from 2380p to 2330p, while leaving its neutral rating unchanged. Deutsche Bank lowers target price from 2350p to 2334p keeping a buy recommendation. Big Ye
Read moreLondon open: Markets cautious ahead of German ZEW survey
19th Feb 2013 08:22
Stock markets began Tuesday's session in a cautious fashion ahead of a closely-watched reading of German confidence this morning. The ZEW index which measures economic sentiment in Germany is expected to have risen to 35 in February, up from 31.5 last month. An increase this month would be the six
Read moreDairy Crest's Finance Director steps down in company shake-up
19th Feb 2013 07:46
Dairy Crest announced a 'reorganisation' of the company on Tuesday morning, which includes targeted cost savings and a number of senior management changes. The dairy foods group said that after a series of of disposals over the past few years, it now has the opportunity to "simplify the business fu
Read moreDairy Crest retains milk-supply deal at Sainsbury
19th Feb 2013 07:32
FTSE 250 dairy foods company Dairy Crest has managed to keep hold of its contract to supply milk to supermarket giant Sainsbury for another three years, the company said on Tuesday morning. The news came as the company announced a "reorganisation" to consolidate into a single structure, aimed at sa
Read moreFriday broker round-up UPDATE
8th Feb 2013 07:19
Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780
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