Wednesday 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
Read moreElementis delivers 'resilient' third-quarter performance - UPDATE
25th Oct 2013 07:02
- Oilfield drilling returns to 'more normal' trading pattern - Expects to end the year cash-positive - On track to deliver full-year EPS in line with market expectations Speciality chemicals group Elementis said that despite of the slower-than-anticipated economic background, it delivered a 'resil
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreLondon midday: Markets cautious ahead of risk events, Syria action
4th Sep 2013 11:26
Traders adopted a cautious approach on Wednesday morning with UK stocks registering losses in morning trade ahead of a number of 'risk events' later in the week which have the potential to spark market volatility. Fears about impending US military action in Syria also hit investor sentiment today a
Read moreWednesday broker round-up UPDATE
4th Sep 2013 08:50
Abbey Protection: Numis lowers target price from 120p to 110p keeping a hold recommendation. Antofagasta: Investec takes target price from 707p to 725p, but still recommends selling. Ashtead Group: Numis ups target price from 640p to 670p and retains a hold recommendation. Panmure Gordon increases
Read moreLondon open: Potential strike on Syria worries investors early on
4th Sep 2013 08:32
Stocks declined on Wednesday morning on concerns over an imminent Western military intervention in Syria, with investors also choosing to scale back positions ahead of a number of 'risk events' later on in the week. The Senate Foreign Relations Committee last night gave the green light on a US atta
Read moreMonday broker round-up UPDATE
12th Aug 2013 07:30
BAE Systems: Morgan Stanley increases target price from 350p to 430p and retains an equal-weight rating. Bodycote: N+1 Singer upgrades to buy with a target price of 700p. British American Tabacco: Goldman Sachs takes target price from 4220p to 4280p and stays with its buy recommendation. Capita G
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreFTSE 250 movers: Int'l Personal Finance soars after record first half
30th Jul 2013 14:50
International Personal Finance saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported a record first-half profit before tax of 42.3m pounds, up 35 per cent on last year. The company also pleased investors to return 60m pounds via a share buyback
Read moreTuesday tips round-up: Sirius Minerals, Elementis, Telefonica
23rd Jul 2013 06:42
York Potash developer Sirius Minerals saw its shares plunge last week after announcing the delay of the approval of its fertiliser mine near Whitby in North Yorkshire. The North York Moors National Park Authority (NYMNPA)is considering whether it should grant permission for the mine to go ahead as i
Read moreElementis Chairman steps down for 'personal reasons'
22nd Jul 2013 07:56
Bob Beeston, the Chairman of FTSE 250 specialty chemicals group Elementis, is to step down from the board at the end of the month for personal reasons, the company announced on Monday. Elementis said that Senior Independent Director Ian Brindle will be interim Chairman while the board continues to
Read moreFriday broker round-up UPDATE
5th Jul 2013 08:09
African Barrick Gold: Nomura lowers target price from 200p to 155p, while upgrading from reduce to buy. Barclays: Bank of America reduces target price from 410p to 370p, while leaving its buy recommendation unchanged. BHP Billiton: Investec ups target price from 1919p to 1926p maintaining a buy re
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