Thursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreFTSE 250 movers: Elementis lifted by resilient H1, increase in divi
29th Jul 2014 15:34
A "resilient" first-half performance and a 5% increase in the interim dividend helped lift shares in Elementis during today's session. The speciality global chemicals company, which posted a 3% rise in sales and a 7% increase in profit, said that it had been able to achieve growth despite weather is
Read moreElementis reports resilient first half, dividend up 5%
29th Jul 2014 09:32
A "resilient" first half performance and a 5% increase in the interim dividend helped lift shares in Elementis on Tuesday. The speciality global chemicals company, which posted a 3% rise in sales and a 7% increase in profit, said that it had been able to achieve growth despite weather issues in the
Read moreTuesday broker round-up UPDATE
22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read moreSector movers: Chemical stocks hit by DuPont profit warning
27th Jun 2014 14:41
The selling pressure on the UK chemical sector continued on Friday on negative readacross from a profit warning by US giant DuPont, one of the largest chemical companies in the world. The UK chemical sector was down around 0.6% this afternoon and has now fallen 10% over the past month. DuPont decl
Read moreSector movers: Domino Printing sinks electricals, Croda weighs on chemicals
24th Jun 2014 13:40
Heavy falls from Domino Printing and Croda International sank the electrical and chemical sectors on Tuesday, as results from both companies disappointed the market. Shares in Domino Printing, which develops inkjet, laser and thermal printing products, were down nearly 19% this afternoon after the
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreElementis to deliver in-line results despite effects of bad weather
24th Apr 2014 13:23
FTSE 250-listed Elementis on Thursday confirmed that its full-year results would be in line with expectations, despite the impact of bad weather experienced in the first few months of 2014. The group said it had good sales momentum across its growth platform in the first quarter of 2014, while its
Read moreWalker Crips directors top up holdings
9th Apr 2014 16:00
Board members at Walker Crips, the investment management group, this week purchased a round of shares worth a total of 66,540 pounds. At 46,553, Independent Director Robert Elliott bought the highest number of shares, for a total spend of £20,018. Group Managing Director Sean Lam, Chief Executiv
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
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreElementis confident after solid full year performance
25th Feb 2014 09:22
Global speciality chemicals group Elementis hailed an "excellent" 2013 for the group as it posted healthy full numbers and underlined its confidence on outlook by hiking both its final payout and special dividend. Full-year pre-tax profits increased 2% to $136m on sales ahead 3% to $776.8m. Basic
Read moreElementis names non-executive Chairman-Designate
27th Jan 2014 14:51
Elementis, the global chemicals company, have announced the appointment of Andrew Duff as its non-executive Chairman-Designate. Duff has had numerous senior management roles such as being the non-executive director of Wolseley the plumbing and building materials company. He was also the Chairman of
Read moreFTSE 250 movers: F&C Asset Management jumps on offer news
27th Jan 2014 13:55
Shares in F&C Asset Management leapt this afternoon after the group confirmed reports it had received an indicative offer from Canadian bank BMO Financial Group of 120p a share in cash. F&C revealed it is 'likely to recommend a firm offer' at the price, which followed 'advanced discussions'. Elemen
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