Monday broker round-up UPDATE
18th Feb 2013 08:09
AMEC: Deutsche Bank cuts target price from 1350p to 1250p and stays with its buy recommendation. HSBC lowers target price from 1225p to 1200p keeping an overweight rating. Anglo American: Deutsche Bank moves target price from 2260p to 2290p and maintains a buy recommendation. HSBC upgrades to overw
Read moreElectrocomponents growth limited by electronic sales but H2 looking up
1st Feb 2013 07:59
Electronics and maintenance products distributor Electrocomponents has said it expects to deliver a strong second half to the year, after underlying sales growth in the four months to January 31st was around one per cent. Maintenance sales saw growth of about 2.0%, but electronic sales declined ar
Read moreWednesday broker round-up - UPDATE
30th Jan 2013 07:03
Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating. Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged. Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades
Read moreFriday broker round-up UPDATE
7th Dec 2012 07:04
Bellway: Northland Capital raises target price from 1050p to 1150p and keeps a buy rating. Panmure Gordon raises target price from 957p to 1013p, while maintaining a hold recommendation. Berkeley Group: Panmure Gordon raises target price from 1390p to 1650p keeping a hold rating. Booker Group: Gol
Read moreWednesday broker round-up UPDATE
28th Nov 2012 07:26
ARM Holdings: Barclays Capital raises target price from 750p to 820p, overweight rating kept. Assura Group: Oriel Securities starts with an add recommendation. Espirito Santo moves target price from 37p to 37.50p, buy recommendation unchanged. Britvic: Deutsche Bank raises target price from 370p t
Read moreFriday tips round-up: Schroders, Electrocomponents and 3i Infrastructure
9th Nov 2012 06:40
Tempus in The Times writes that Schroders' performance since the financial crisis started gives an idea what can be achieved if you stick to your knitting and abjure significant acquisitions, unlike other fund managers such as Aberdeen Asset Management. Over the past 14 quarters Schroders has gain
Read moreThursday broker round-up
8th Nov 2012 09:01
AB Foods: Credit Suisse ups tagged from 1,300p to 1,450p, outperform rating kept. Aviva: Panmure Gordon keeps buy rating and 425p target. Balfour Beatty: Panmure Gordon keeps buy rating and 310p target. BTG: Jefferies keeps hold rating and 360p target; Panmure Gordon keeps hold rating and 400p t
Read moreOctober sales flat at Electrocomponents
8th Nov 2012 08:57
Electronics and maintenance products distributor Electrocomponents has held its interim dividend despite a sharp drop in profits. The divi has been maintained at 5p, reflecting the board's confidence in the long term prospects of the group. Investors were braced for a downturn in fortunes after th
Read moreTuesday tips round-up: Glencore, Xstrata, Electrocomponents...
2nd Oct 2012 07:25
Lex in the Financial Times casts its eye over the long drawn-out Glencore/Xstrata saga and is not happy with Xstrata's behaviour. Xstrata's management looks to have held investors to ransom with its veiled threat to leave, yet it was technically the board that wanted a retention package. The £140m
Read moreMonday broker round-up
1st Oct 2012 08:58
Barclays: Liberum Capital upgrades to buy, target lifted from 210p to 245p. British American Tobacco: Investec upgrades to buy. Capital & Counties: Seymour Pierce downgrades from buy to add, 233p target kept. Charles Stanley: Peel Hunt downgrades to hold. Electrocomponents: Panmure Gordon downgr
Read moreBroker tips: Electrocomponents, Compass, Tesco
28th Sep 2012 18:41
In a report issued yesterday analysts at Charles Stanley downgraded their view on shares of contract caterer Compass Group, to hold from buy. Thus, they pointed out how: "Over the last 12 months the Compass Group share price has risen by 30% and is near record highs. "Compass Group will be publ
Read moreBroker snap: Seymour Pierce downgrades Electrocomponents to hold
28th Sep 2012 17:40
In the opinion of Seymour Pierce Electrocomponents's flat sales growth in the second quarter of 2013 was a decent outturn given tough comps (+8% one year ago) and the global macroeconomic background. In particular, they believe that today's results showed that Electrocomponents is outperforming the
Read moreLondon close: Dull end to sparkling quarter
28th Sep 2012 16:50
Early gains dissipated in London and by the time Wall Street opened lower investors were in the mood to bank some of this quarter's handsome gains; despite today's fall, the top share index still put on close to 250 points in the third quarter. Sentiment was boosted early on by consumer confidence
Read moreFTSE 250 movers: Electrocomponents blows a fuse
28th Sep 2012 14:12
Electrical components distributor Electromponents and bourses operator London Stock Exchange (LSE) are doing battle for the wooden spoon among FTSE 250 stocks. Electrocomponents is sharply lower after issuing a profits warning. The consensus forecasts for full year headline profit before tax range
Read moreLondon midday: Back to square one
28th Sep 2012 11:37
It is more or less back to square one for Footsie after a bright start. Setiment was boosted early on by consumer confidence data that was not as bad as feared. Consultancy GfK´s consumer confidence gauge for the month of September rose by 1 point in September, to -28. The consensus estimate was
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