Thursday 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 moreSunday share tips: Imperial Tobacco, Merlin, BT
3rd Nov 2013 13:36
Imperial Tobacco Chief Executive Alison Cooper has got a tough task in trying to make up for falling cigarette sales in the West, the Sunday Times's Danny Fortson said. In his Inside the City column, he argued Cooper had yet to produce ideas to get Imperial moving. Cost cuts and premium brands have
Read moreWednesday broker round-up UPDATE
23rd Oct 2013 09:28
Abcam: Numis downgrades to add with a target price of 570p. ARM Holdings: Deutsche Bank increases target price from 1080p to 1130p and maintains a buy recommendation. JP Morgan raises target price from 625p to 750p and leaves its neutral rating unaltered. Societe Generale ups target price from 640p
Read moreThursday broker round-up UPDATE
10th Oct 2013 08:36
Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr
Read moreSector movers: Surging crude prices fuel gains for oil stocks
28th Aug 2013 14:52
Rising crude prices gave oil producers a boost on Wednesday as escalating tensions in Syria continue to fuel concerns over supplies in the Middle East. These fears have been heightened in recent days due to a possible US military intervention in Syria following last week's alleged chemical weapons
Read moreTuesday broker round-up UPDATE
27th Aug 2013 09:14
Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.
Read moreWednesday broker round-up UPDATE
14th Aug 2013 07:53
Afren: Investec moves target price from 160p to 170p and stays with its buy recommendation. APR Energy: Investec places its target price (prev.: 900p) under review and maintains a hold recommendation. Aviva: Canaccord Genuity raises target price from 385p to 460p upgrading from hold to buy. Balfo
Read moreFTSE 250 movers: Hochschild Mining hits three-month high
13th Aug 2013 13:30
Precious metals producer Hochschild Mining continued its impressive rise on Tuesday, surging by over 16 per cent after some upbeat comments from Swiss investment bank UBS. While it initiated coverage of the stock with a 'neutral' rating, UBS said that the company offers 'attractive operating leverag
Read moreEnQuest delays new field while profits fall
13th Aug 2013 07:21
Oil and gas group EnQuest's share price took a hit on Tuesday morning after the firm reported a drop in first-half profits and said that full-year production would be at the lower end of guidance. The company, which is largely focused on the UK Continental Shelf as well as interests in Malaysia, no
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreTuesday broker round-up UPDATE
4th Jun 2013 07:25
Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum
Read moreThursday tips round-up: ARM, De La Rue, Enquest
30th May 2013 07:24
Shares of ARM have slid lately. The immediate catalyst has been broker commentary suggesting that the share price of the 'poster child' of Britain's tech sector had overreached, but the real worry is Intel, its arch-rival. Industry 'chatter' indicates that one of ARM's biggest clients - Samsung - ma
Read moreLondon pre-open: Weak start expected as IMF cuts Chinese growth forecasts
29th May 2013 07:27
Following the triple-digit gains on the FTSE 100, another record close for the Dow Jones Industrial Average and a decent performance from Asian markets overnight, stocks are expected to decline sharply this morning on the back of concerns over China. Markets across the globe surged yesterday, bounc
Read moreEnQuest announces entry into North Africa
29th May 2013 07:07
EnQuest has announced its entry into North Africa through a 70 per cent acquisition of interest in and operatorship of the offshore Tunisian assets of PA Resources. Assets include 2.0m barrels of oil equivalent (mmboe) of net producing proven and probable oil reserves (2P) in the Zarat Field. The
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