FTSE 250 movers: Soco Intl leaps after beating own production guidance
5th Mar 2014 15:01
Soco International beat its own 2013 oil and gas production volume guidance, pumping just shy of 17,000 barrels of hydrocarbons per day. Revenues fell 2.2% to $608.1m, with earnings before interest, tax, depreciation, amortisation and a non-cash $92m exploration write-off down 4.7% to $472.9m. Cana
Read moreWednesday broker round-up UPDATE
5th Mar 2014 10:02
Abcam: Investec reduces target price from 552p to 480p and reiterates its buy recommendation. Numis upgrades from hold to buy with a target price 510p. Advanced Medical Solutions: Canaccord Genuity shifts target price from 94p to 101p and keeps a hold recommendation. African Barrick Gold: Nomura r
Read moreFTSE 250 movers: Perform rises on turnaround hopes
4th Mar 2014 15:04
Sports media group Perform surged on turnaround hopes following a seven per cent fall in earnings per share in 2013. The company said the board was taking the opportunity to address the large cost base and had 'already put in place a series of plans and initiatives'. Pace, which develops technolog
Read morePanmure downgrades Devro due to 'deteriorating volume visibility'
4th Mar 2014 12:46
Panmure Gordon has downgraded its rating for sausage skins maker Devro from 'buy' to 'hold' on the back of 'deteriorating volume visibility' after a gloomy outlook from the firm. "Despite full-year 2013 results being in line with our expectations the company has provided a disappointing outlook sta
Read moreDevro's annual results hurt by weak demand for sausage casings
4th Mar 2014 10:37
Devro's annual revenue was broadly flat, reflecting weak demand for its sausage skins. Revenue in the year to December 31st 2013 came to £242.7m, up 1% on the previous year. Operating profit before exceptional items fell 1% to £42.1m. Earnings per share, however, jumped 7% to 20.8p, driven by Czec
Read moreTuesday broker round-up UPDATE
4th Mar 2014 09:37
Abcam: Numis cuts target price from 560p to 510p downgrading from add to hold. Amlin: Deutsche Bank shifts target price from 484p to 491p and keeps a hold recommendation. Arrow Global: Canaccord Genuity shifts target price from 300p to 309p maintaining a buy recommendation. Numis moves target pric
Read moreFTSE 250 movers: Imagination Tech continues to slide
24th Jan 2014 15:30
Imagination Technologies Group has continued its sharp decline again today. The share price has fallen from 214p on Tuesday to its current level of 182p. Cairn Energy, the oil and gas exploration and development group, dropped after it informed investors that it was contacted by the Income Tax Depa
Read moreNew non-exec celebrates excellent results at Thomas Cook with purchase
28th Nov 2013 16:39
Warren Tucker, who was recently appointed as a Non-Executive Director of travel group Thomas Cook, on Thursday acquired a stake in the group the same day it unveiled an impressive set of full-year results. The purchase of 30,800 shares at 169p each set him back £52,052. The FTSE 250 travel congl
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreThursday broker round-up UPDATE
14th Nov 2013 09:21
Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock
Read moreDevro warns 2013 result will be a lower end of market expectations
14th Nov 2013 08:01
Devro, a manufacturer of collagen products for the food industry, warned that unchanged sales volumes and weakness in some developed markets since the start of July meant its outcome for 2013 would be at the lower end of market expectations. The company also warned that it estimated that 2014 prof
Read moreThursday broker round-up UPDATE
17th Oct 2013 09:45
AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu
Read moreThursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreMonday broker round-up UPDATE
24th Jun 2013 07:36
Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe
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