Thursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
Read moreTuesday broker round-up UPDATE
17th Jun 2014 09:45
Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B
Read moreSector movers: Housing and property stocks drop on fears of impending rate hike
13th Jun 2014 14:12
The prospect of a sooner-than-expected rate rise in the UK pushed property stocks and housebuilders lower on Friday, as investors reacted to comments made by policymakers during the Mansion House speeches. Bank of England (BoE) Governor Mark Carney warned on Thursday that the first hike in interest
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 moreDerwent London eyes robust portfolio rental growth in 2014
8th May 2014 08:19
- Sees seven per cent portfolio rental growth in 2014 - Vacancy rate remains low - Momentum continues in a strong market FTSE 250 property firm Derwent London sees up to seven per cent portfolio rental growth in 2014 as momentum continues in a strong market. The group, which rents out offices in L
Read moreSector movers: Real estate, construction stocks gain on positive outlook
10th Apr 2014 13:50
Real estate, construction and materials stocks were performing well on Thursday amid signs of continued robust growth in the UK housing market. House sales across Britain climbed to a six-year high in the first quarter of 2014, with growth spreading "right across the country", according to the Roya
Read moreShaftesbury acquires London property from Derwent
24th Mar 2014 07:53
Developer Shaftesbury has acquired a property in London's West End from sector and FTSE 250 peer Derwent London, the groups announced Monday. The 24,900 square foot commercial and residential Jaeger House property, which changed hands for £30.75m, is in Broadwick Street in the Carnaby area of Lond
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreDerwent sees development speeding up as 2013 new lettings hit record
27th Feb 2014 12:02
Property company Derwent London said development activity was accelerating as it reported record new lettings worth 21.8m pounds a year for 2013. Derwent posted pre-tax profits of £57.9m for the year to December 31st, up 10.1% as its net asset value rose to £2.37bn from £1.92bn a year ago. Chief E
Read moreWednesday broker round-up UPDATE
29th Jan 2014 08:54
African Barrick Gold: Canaccord Genuity ups target price from 180p to 205p keeping a hold recommendation. Antofagasta: Westhouse Securities takes target price from 1000p to 1060p and maintains its buy recommendation. BG Group: Liberum Capital reduces target price from 1475p to 1280p downgrading to
Read moreThursday broker round-up UPDATE
23rd Jan 2014 09:12
Afren: Investec ups target price from 170p to 200p and maintains a buy recommendation. AG Barr: Investec raises target price from 585p to 620p retaining an add rating. Canaccord Genuity ups target price from 630p to 650p and keeps a buy recommendation. Arbuthnot: Numis downgrades from add to hold
Read moreBroker snap: Real estate stocks to benefit from UK recovery, says HSBC
21st Jan 2014 15:57
Upbeat comments from HSBC gave real estate investment trust (REIT) stocks a boost on Tuesday, as the bank raised hopes that property companies will benefit from the UK's 'resurgent economic recovery'. In a review on the wider European REIT sector, HSBC said that the UK commercial real estate market
Read moreSector movers: Real estate stocks boosted by HSBC comments
21st Jan 2014 15:23
Upbeat comments from HSBC gave real estate investment trust (REIT) stocks a boost on Tuesday, as the bank raised hopes that property companies will benefit from the UK's 'resurgent economic recovery'. In a review on the wider European REIT sector, HSBC said that the UK commercial real estate market
Read moreWednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
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