Thursday broker round-up.-Update
13th Nov 2014 10:21
AstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai
Read moreFTSE 250 movers: Bwin.party jumps after confirming speculation of 'potential business combinations'
12th Nov 2014 15:17
Bwin.party shares jumped after it confirmed speculation that it has started discussions with various parties about potential business combinations. The company said the talks may or may not result in an offer being made. UK price comparison website firm Moneysupermarket.com cheered after reporting a
Read moreEssentra plans placing after deal to buy medical packaging rival
12th Nov 2014 08:44
Plastic and packaging components group Essentra has proposed a £160m fundraising after agreeing to acquire a Dutch healthcare packaging business for $455m (£285m). Essentra has signed an agreement to buy the specialist packaging division of Amsterdam-based Clondalkin Group, which is owned by US priv
Read moreTuesday broker round-up UPDATE
28th Oct 2014 09:18
Afren: Credit Suisse lowers target price from 132p to 115p staying with its outperform rating. African Barrick Gold: Westhouse moves target price from 230p to 240p and keeps an add rating. Anglo American: Investec reduces target price from 1603p to 1588p and keeps a buy recommendation. APR Energy:
Read moreTuesday broker round-up UPDATE
14th Oct 2014 09:17
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. Ashmore: Canaccord Genuity upgrades from sell to hold with a target price of 300p. Numis cuts target price from 369p to 355p retaining an add rating.
Read moreFTSE 250 movers: Synergy Health soars on Steris Corp buy-out
13th Oct 2014 15:27
Synergy Health shares rocketed after it was announced US-based medical technology group Steris Corp. had agreed to buy the UK company for $1.9bn. Synergy shareholders will be paid 439p a share in cash and 0.4308 shares in the newly combined group, valuing shares in the FTSE 250 group at £1.2bn, or 1
Read moreEssentra on track to beat targets after strong Q3
13th Oct 2014 07:32
Plastic, fibre, foam and packaging products group Essentra said it is on track to exceed targets after maintaining strong organic growth in the third quarter, as its Vision 2015 plan draws to a conclusion. Group revenues increased by 8% in the three months to 30 September, with like-for-like (LFL) s
Read moreSunday share tips: Dunelm, Essentra, Eros International
28th Sep 2014 17:28
It's a good time to buy shares in Dunelm, Danny Fortson argued in the Sunday Times's Inside the City column. Just over a third of its customers are retired and almost half have paid off their mortgages so they have time and money. Will Adderley of the founding family has taken over as Chief Executiv
Read moreThursday broker round-up UPDATE
25th Sep 2014 08:48
Amec: UBS raises target price from 1100p to 1215p upgrading from neutral to buy. Aquarius Platinum: Citi lowers target price from 26p to 22p maintaining a neutral rating. Arrow Global: Panmure Gordon ups target price from 335p to 360p and keeps a buy recommendation. Barr (AG): Numis ups target pri
Read moreEssentra to acquire sealing products maker Abric
24th Sep 2014 12:05
Materials producer Essentra has agreed to acquire Malaysian security sealing products maker Abric Berhad for around £28m, which is expected to be immediately earnings enhancing. The FTSE 250 group said it will fund the purchase using its existing facilities and expects to complete the deal during
Read moreFTSE 250 movers: Supergroup jumps after sales beat expectations
4th Sep 2014 16:41
A decline in like-for-like (LFL) sales at fashion retailer Supergroup was not as bad as feared in the first quarter, helping the stock to jump on Thursday. The company also reassured the market by highlighting improving trends over the first few weeks of the second quarter. A 44.5% leap in profit h
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreEssentra H1 revenues rise but margins slide
31st Jul 2014 11:53
Increased investment across new and existing markets and product innovation helped to drive first half revenue 12% higher at packaging and components group Essentra. The group saw gross margin decline 190 basis points, or 230 at constant currencies, to 34% due to acquisitions, the mix effect of th
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 moreEssentra completes purchase of Kelvindale Products
12th May 2014 13:11
FTSE 250-listed Essentra has completed the acquisition of Kelvindale Products, the packaging supplier told investors on Monday. The Australia-based firm, which manufactures and distributes a range of plastic protection and finishing products, will be reported under Component & Protection Solutions
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