Dunelm Group's revenues rise
10th Apr 2013 07:43
UK homewares retailer Dunelm Group on Wednesday posted a 15.4 per cent rise in revenue for the third quarter following the opening of three stores. Total sales value for the 13 weeks to March 30th 2013 came to £177.8m, up from £154.1m the previous year. During the period the company opened three s
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
Read moreTuesday broker round-up UPDATE
26th Mar 2013 07:41
Abbey Protection: Numis downgrades to hold with its target price at 120p. Aberdeen Asset Management: Bank of America raises target price from 425p to 455p keeping a neutral rating. JP Morgan moves target price from 498p to 532p, while its overweight rating remains unchanged. Exane BNP ups target pr
Read moreWednesday broker round-up UPDATE
13th Feb 2013 07:47
API Group: Numis shifts target price from 70p to 67p downgrading to hold. Barclays: Morgan Stanley raises target price from 386p to 400p keeping an overweight rating. Credit Suisse increases target price from 250p to 290p, while leaving its neutral rating unchanged. JP Morgan ups target price from
Read moreLondon midday: Banks pull Footsie into positive territory
12th Feb 2013 11:47
Stocks had pulled into positive territory by Tuesday lunchtime helped by strength in the banking sector as full-year results and the outcome of a strategic review at Barclays were well-received by the markets. Providing some support this morning was the news that credit ratings agency Standard & Po
Read moreBroker snap: Panmure Gordon highlights buying opportunity at Dunelm
12th Feb 2013 10:14
Panmure Gordon remains a 'buyer' of homewares retailer Dunelm with a 886p target price after the met profit forecasts in the first half. "With the shares -2.6% yesterday, though +13.5% year-to-date, any further consolidation today is a buying opportunity in our view," the broker said on Tuesday mor
Read moreLondon open: Stocks flat despite banking strength
12th Feb 2013 08:28
UK stocks opened broadly flat on Tuesday morning ahead of some UK inflation data, with markets pausing for breath after a strong rise in the year to date. The FTSE 100 had a subdued day yesterday on the back of a lack of economic news and low trading volumes, partly owing to the closure of Asian ma
Read moreLondon pre-open: FTSE to track US stocks lower
12th Feb 2013 07:25
City sources predict the FTSE 100 will open down five points from yesterday's close of 6,277, tracking the modest losses seen on Wall Street last night. US stocks continued to drag through Monday ahead of President Barack Obama's highly anticipated State of Union speech. The leader will discuss
Read moreTuesday 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
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