Tuesday broker round-up
20th Mar 2012 10:04
Aggreko: Credit Suisse raises target from 2,140p to 2,350p, neutral rating kept. ARM Holdings: BarCap upgrades from equal weight to overweight, target lifted from 700p to 725p; Investec upgrades from hold to buy, target lifted from 640p to 800p. Centrica: Nomura raises target from 340p to 350p, n
Read moreWednesday broker round-up - UPDATE
7th Mar 2012 08:33
John Wood: HSBC downgrades to underperform from neutral. Aquarius Platinum: Panmure Gordon upgrades to buy from sell. Lonmin: Panmure Gordon upgrades to buy from sell. Admiral: Nomura maintains buy rating and 1,100p target. Anglo American: AlphaValue upgrades to buy from add and lowers pri
Read moreDrax keen to go green
21st Feb 2012 07:32
Energy producer Drax's earnings came in ahead of expectations after what the firm modestly claimed was a year of continued operational excellence. Underlying earnings per share declined to 55.5p in 2011 from 63.9p in 2010 but was ahead of the 52.6p expected by the market. The 2010 earnings benefite
Read moreTuesday broker round-up - UPDATE
24th Jan 2012 09:09
Ashmore: Royal Bank of Scotland downgrades to hold from buy. Hargreaves Lansdown: Royal Bank of Scotland downgrades to sell from hold. Weir: Goldman Sachs reiterates buy. Vedanta Resources: HSBC cuts target price to 1,320p from 2,110p; Credit Suisse keeps neutral stance and 1,400p target. Pear
Read moreSector movers: Next casts wide shadow
4th Jan 2012 17:17
A trading update from fashion chain Next, in which it acknowledged disappointing sales in December at its High Street and edge of town stores, had a knock-on effect for the likes of Marks & Spencer, Burberry and Supergroup. The Personal Goods sector took a dive as two of the bigger players, Burberr
Read moreThursday broker round-up - UPDATE
22nd Dec 2011 08:21
Kingfisher: Credit Suisse reiterates outperform rating and 310p target. Next: Credit Suisse maintains outperform rating and 3,000p target. Marks & Spencer: Credit Suisse cuts target from 345p to 334p, neutral rating unchanged. Home Retail: Credit Suisse cuts target from 85p to 70p, keeps underper
Read moreFTSE 250 movers: Sports Direct jumps, Shanks down after downgrade
16th Dec 2011 14:57
Sports clothing firm Sports Direct was the high riser of the day after announcing that it has withdrawn its offer for Blacks Leisure after the outdoor leisurewear and equipment chain put itself up for sale earlier this month. Sports Direct's decision to pull out of the transaction has, however, been
Read moreSector movers: Kazakhmys leads miners higher after securing funding
16th Dec 2011 13:50
The miners were the best performers on Friday afternoon, with stocks averaging gains of nearly 2% by 13:50. Leading the charge was copper giant Kazakhmys after a $1.5bn loan facility signed for the Aktogay copper project in East Kazakhstan meant that it has now secured funding for all of its develo
Read moreFriday broker round-up - UPDATE
16th Dec 2011 08:56
Shanks Group: Goldman Sachs downgrades to neutral from buy. Man Group: Deutsche Bank downgrades to sell from buy. BSkyB: Bank of America-Merrill Lynch downgrades to neutral from buy, cuts target to 770p from 800p. Carnival: HSBC upgrades to overweight from neutral. BP: Evolution Securities reit
Read moreBroker tips: Weir, Drax, Marston's
30th Nov 2011 12:17
UBS has raised its target price for industrial engineer Weir from 2,400p to 2,500p, saying that comments from US peer Halliburton have made it much more optimistic. At last week's Reverse Energy Roadshow in Houston, Halliburton said that it expects the pressure pumping industry to raise capacity by
Read moreLondon midday: Stocks rocket on Chinese move
30th Nov 2011 12:09
With China acting to ease fears of a 'hard landing', European stock markets - and US futures - swung back into positive territory after sharp falls early on. Banks and miners roared into the lead in London, despite being the worst performers early on. The Footsie stood at 5,390 just after the midday
Read moreBroker snap: Nomura downgrades Drax to reduce
30th Nov 2011 10:29
Shares in coal-fired power station operator Drax were being weighed down comments from Nomura on Wednesday, which downgraded the stock from neutral to reduce. "Although policy developments in the UK appear hostile to coal power stations, Drax will likely have a key role in the UK's energy mix for m
Read moreWednesday broker round-up - UPDATE
30th Nov 2011 09:42
Weir: UBS increases target from 2,400p to 2,500p, buy rating kept. BG Group: Nomura ups target from 1,750p to 1,850p, buy rating unchanged. BHP Billiton: Investec reiterates buy rating and 1,919p target. International Power: Nomura cuts target from 410p to 390p, buy recommendation kept. Sage: In
Read moreMonday broker round-up - UPDATE
21st Nov 2011 08:23
RBS: Banco Espirito Santo lowers to neutral, cuts target to 22p from 51p. Centrica: Investec puts target price under review, buy rating unchanged. Capita: Credit Suisse cuts target from 780p to 770p, outperform rating kept. Capital Shopping Centres: Seymour Pierce maintains reduce stance and 324
Read moreThursday broker round-up - UPDATE
17th Nov 2011 09:45
Intertek: Credit Suisse reiterates outperform rating and 2,250p target - "Focus List stock". Imperial Tobacco: Nomura downgrades from buy to reduce, target cut from 2,400p to 2,150p. British American Tobacco: Nomura raises target from 3,020p to 3,320p, buy rating maintained. Experian: Credit Suis
Read more