Tuesday broker round-up UPDATE
21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreMonday broker round-up UPDATE
4th Aug 2014 10:10
Afren: Canaccord Genuity reinstates with a target price of 120p and a hold recommendation. Bodycote: N+1 Singer cuts target price from 850p to 835p, while staying with its buy recommendation. BT Group: Berenberg moves target price from 460p to 475p and maintains a buy recommendation. Espirito Sant
Read moreAstrazeneca chairman add 6,000 shares
1st Aug 2014 16:43
Improved full year guidance ensured Astrazeneca shares proved popular with board members this week, with chairman Leif Johansson adding a further 6,000 shares to his stake in the drugs maker. The shares were acquired at SEK 502.95 per share, equal to 4,347p each. Purchases were also made by non-
Read moreWednesday broker round-up UPDATE
30th Jul 2014 09:50
Antofagasta: Westhouse Securities downgrades from add to neutral with a target price of 885p. Investec places its target price (prev.: 690p) under review, while keeping its sell recommendation. Aureus Mining: FinnCap lowers target price from 66p to 62p maintaining a buy recommendation. British Ame
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreDevro appoints former Unilever executive as its new Chairman
30th Apr 2014 07:21
Food producer Devro has appointed Gerard Hoetmer, Chief Executive Officer of bio-based products firm Corbion, as Chairman of the group. Hoetmer, who is currently a non-executive director at Devro, will assume the role on May 15th. He was appointed to the group in 2013 and was previously Senior Vic
Read moreTuesday tips round-up: Premier Oil, Devro
29th Apr 2014 07:28
As is often the case, what upon first inspection appears to be attractive turns out not to be quite so when looked at in greater detail. That has turned out to be the case with the proposed merger between Premier Oil and Ophir Energy. The quandary facing the former is that it needs large amounts of
Read moreBroker tips: Diageo, Ocado, Devro
28th Apr 2014 11:53
Credit Suisse has downgraded its rating for Diageo from 'outperform' to 'neutral', saying that challenges are mounting at the drinks group. The bank has lowered its target price for the stock from 2,200p to 1,950p after cutting its earnings per share estimates for next year by 8% to 101p on the bac
Read moreN+1 Singer keeps 'sell' rating for Devro after profit warning
28th Apr 2014 09:57
N+1 Singer has maintained a 'sell' rating for Devro after the sausage skin maker effectively delivered a profit warning on Monday. The company said that volumes were lower in the first quarter despite strong sales in certain key markets. Meanwhile, it has decided to bring forward plans to streamlin
Read moreDevro shares tumble as it eyes flat volumes and prices
28th Apr 2014 07:45
- Volumes and prices expected to be flat in 2014 - Manufacturing streamlining plans brought forward - Expects volumes and prices to be flat in year ahead Shares of sausage skins maker Devro tumbled after it cautioned that while sales in the last four months were strong in markets such as Germany, J
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreFriday broker round-up UPDATE
21st Mar 2014 09:36
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces
Read moreFTSE 250 movers: Perform retreats after recent gains
6th Mar 2014 13:47
Perform Group was retreating from recent gains which followed its full-year results, which saw the sports media group surge on turnaround hopes after a seven per cent fall in earnings per share in 2013. Imagination Technologies Group saw its share price plunge after admitting a slowdown in the rat
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
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