Tuesday broker round-up UPDATE
12th Feb 2013 07:24
AMEC: Exane BNP initiates with a target price of 1140p and an underperform rating. Anglo American: Goldman Sachs increases target price from 1500p to 1550p, while keeping a sell recommendation. Barclays: Nomura reiterates reduce. Charles Stanley reiterates hold. Investec reiterates buy, with price
Read moreDunelm profits shine
12th Feb 2013 07:14
Homewares retailer Dunelm posted a robust set of half year figures, as it continues to open new stores, and said it remains confident in growth prospects for the business. The bedding, curtains and blinds retailer said pre-tax profit rose by 14.6% to £59.8m for the 26 weeks to December 29th 2012 wh
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
Read moreMonday 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 moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreWednesday broker round-up UPDATE
9th Jan 2013 09:11
African Barrick Gold: Deutsche Bank reduces target price from 520p to 490p and reiterates a hold recommendation. Nomura cuts target price from 525p to 435p and downgrades from buy to neutral. African Minerals: Deutsche Bank increases target price from 606p to 620p and maintains a buy rating. AMEC:
Read moreDunelm eyes first half profit rise
8th Jan 2013 07:26
Homewares retailer Dunelm said it expects to post half year profit before tax in the range of 59m-60m pounds as it cautioned that sales growth in like for like stores will become much harder to achieve in the remainder of the current financial year. The bedding, curtains and blinds retailer said to
Read moreTuesday broker round-up UPDATE
8th Jan 2013 07:19
Anglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
Read moreLondon close: FTSE 100 cracks 6,000 after US budget deal
2nd Jan 2013 16:30
- Footsie surges 2.2 per cent - Global stock markets rally, helped by manufacturing figures - Miners benefit from increased risk appetite The FTSE 100 surged past the psychologically-important level of 6,000 on Wednesday as stock markets across the globe celebrated the last-minute deal by US politi
Read moreFTSE 250 movers: Dunelm falls despite positive write-up from Panmure
2nd Jan 2013 15:37
Dunelm was a poor performer on Wednesday despite Panmure Gorden highlighting the stock as one of its 'conviction buys' in the UK retail sector ahead of the critical Christmas reporting season in the next few weeks. The broker said: "Our top large cap general retail sector pick is category killer a
Read moreBroker tips: Barclays, Aggreko, Retail stocks
2nd Jan 2013 10:42
Barclays was performing well on Wednesday morning after Investec hiked its target price from 260p to 285p and hailed the lender as its 'preferred UK domestic bank'. Despite an impressive 79% rally over the past five months, the broker said that the shares are still trading "only in line with loss-
Read moreBroker snap: Panmure highlights ASOS and Dunelm as top retail picks
2nd Jan 2013 09:12
Panmure Gordon has highlighted ASOS and Dunelm as its 'conviction buys' in the UK retail sector ahead of the critical Christmas reporting season in the next few weeks. General retail was the best-performing FTSE sector in 2012 according to prices at December 27th, the broker said. Panmure said: "A
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreThursday broker round-up UPDATE
22nd Nov 2012 07:19
Alternative Networks: Westhouse Securities downgrades from buy to add, target price of 280p kept. Babcock International: UBS downgrades from buy to neutral. Barr (AG): N+1 Singer raises target price from 402p to 525p and upgrades to buy. Belvoir Lettings: Seymour Pierce raises target price from 9
Read moreFTSE 250 movers: Ocado shares rocket
19th Nov 2012 16:08
Online grocer Ocado jumped after saying it had secured more time to pay off debts and would raise 35.8m pounds through a placing of shares. The firm said it would use the extra time and money to increase its ranges, improve the customer experience and go on a marketing drive. Platinum miner Lonmin
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