Broker tips: BG Group, Experian, Tate & Lyle

8th Apr 2015 11:38

A counter offer for BG Group looks unlikely, according to Canaccord Genuity, which downgraded its rating on the natural gas company from 'buy' to 'hold' after Wednesday's takeover offer by Royal Dutch Shell. Analyst Richard Griffith said: "We cut our recommendation from 'buy' to 'hold' and would onl

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Credit Suisse expects a re-rating at Experian, upgrades to 'outperform'

8th Apr 2015 11:26

Experian shares received a boost on Wednesday by Credit Suisse which lifted its stance on the information services and credit checking group from 'neutral' to 'outperform' and hiked its target price from 1,100p to 1,300p. "The combination of accelerating organic growth, an on-going buyback scheme, p

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Experian rating raised to 'outperform' from 'neutral' by Credit Suisse

8th Apr 2015 09:54

Shares in UK credit expert group Experian shot up 3% to trade at 1183p after its rating was promoted on Wednesday to 'outperform' from 'neutral' by Credit Suisse. The bank also raised its target price on Experian to 1300p from 1100p. "The combination of accelerating organic growth, an on-going b

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FTSE 100 movers: Kingfisher surges on store closures, tobacco stocks lower

31st Mar 2015 13:22

DIY retailer Kingfisher soared as it impressed investors with plans to close 60 stores, as new chief executive Véronique Laury announced full-year results and set out her plans for a "very different" company. The company announced a £200m cash return for the coming financial year as it revealed adju

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FTSE 100 movers: Experian boosted by new growth strategy, Anglo disappoints with 2015 guidance

28th Jan 2015 13:35

Credit-checking firm Experian was a high riser after unveiling an unexpected $600m share buyback and outlining plans to "deliver annual average growth in organic revenue in the mid-single digit range". The company also said it has the potential for "strong growth" in earnings per share. Copper miner

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Broker tips: Experian, Balfour Beatty, Anglo American, Afren

28th Jan 2015 12:40

Broker Liberum reiterated its 'buy' rating on Experian after the information services firm announced an unexpected £394.7m buyback, which amounts to 5% of its stock. "Experian's sustainable superior cash generation remains a key strength," Liberum said. UBS has lifted its target price for Balfour B

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Experian's cash generation a 'key strength', says Liberum

28th Jan 2015 12:10

Broker Liberum reiterated its 'buy' rating on Experian stock after the information services firm announced an unexpected $600m (£394.7m) buyback, which amounts to 5% of its stock. On Wednesday, the FTSE 100 group announced a share repurchase programme after conducting a full capital framework review

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London midday: Stocks erase gains as Greek fears rattle markets

28th Jan 2015 11:47

After a positive start, UK stocks had dropped into the red by Wednesday lunchtime with nerves surrounding Greek politics dampening sentiment, as investors awaited a policy decision later on by the US central bank. London's FTSE 100 was down 0.2% at 6,797 by midday, pulling back after reaching an int

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Numis on Experian

28th Jan 2015 11:37

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Experian surprises with share buyback and new dividend ratio

28th Jan 2015 09:17

Credit checking group Experian has announced a $600m share buyback and made positive noises about growing its dividend, hidden among details of an investor seminar to be held on Wednesday afternoon. The FTSE 100 group said the repurchase programme of 5% of its shares had been decided following a ful

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London open: UK stocks rise ahead of FOMC meeting

28th Jan 2015 08:26

Strong results from US blue chips Apple and Yahoo after the closing bell on Wall Street led to a higher open in London on Wednesday, as investors took an optimistic approach ahead of the Federal Reserve meeting. The FTSE 100 was up 0.2% at 6,827 in early deals. US markets finished with sharp losses

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London close: Stocks rally strongly after Swiss move as ECB stimulus hopes rise

15th Jan 2015 16:36

A surprise policy move by the Swiss National Bank (SNB) resulted in a choppy day for UK markets on Thursday, though stocks were able to regain their composure and rally strongly as the dust settled. The FTSE 100 finished the session 110.32 points higher at 6,498.78, up 1.7% on the day due to increas

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FTSE 100 movers: Gold miners soar on UBS recommendation, Experian rises

15th Jan 2015 14:57

Gold mining stocks were performing well after UBS said they are "well-placed to benefit from FX and oil weakness" compared with their industrial metal peers. Precious-metal producers Randgold Resources and Fresnillo were the best performers. Third-quarter organic revenue was flat at informatio

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London midday: Surprise Swiss policy move sinks stocks, FTSE near one-month low

15th Jan 2015 11:57

Markets were back in the red by Thursday lunchtime, erasing earlier gains after a surprise announcement by the Swiss central bank. The FTSE 100, which rebounded to an intraday high of 6,472.91 early on, was down 0.6% at 6,349 by midday after Switzerland scrapping the franc's minimum exchange rate ag

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Broker tips: Tullow Oil, Experian, Home Retail

15th Jan 2015 11:27

News of a multibillion-dollar write-down at Tullow Oil sent the share price in the exploration company lower on Thursday, though analysts at Westhouse Securities retained their positive rating on the stock. While the size of the $2.3bn write-down (after tax), is likely to disappoint investors, the b

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