Thursday broker round-up UPDATE
24th Jan 2013 08:20
Ashtead Group: Jefferies raises target price from 450p to 525p and keeps a buy recommendation. Aviva: Berenberg cuts target price from 480p to 470p, while retaining a hold recommendation. JP Morgan revises target price from 424p to 443p and maintains an overweight rating. Barr (AG): Societe Genera
Read moreLondon pre-open: FTSE to again track US stocks higher
24th Jan 2013 07:24
City sources predict the FTSE 100 will open up four points from yesterday's close of 6,198, after US stocks closed higher for the sixth consecutive session. The main US equity benchmarks ended on a high note Wednesday after the House of Representatives voted to temporarily suspend the government's
Read moreeasyJet Q1 revenue up nine per cent
24th Jan 2013 07:02
Total revenue for the first quarter ending December 31st rose 9.2 per cent to 833m pounds at low-cost airline company easyJet, according to an interim management statement issued by the company on Thursday morning. Revenue per seat grew by 8% at constant currency or by 3.9% on a reported basis to
Read moreThursday preview: easyJet to report first-quarter figures
23rd Jan 2013 15:20
easyJet unveils its first-quarter results Thursday in the wake of news that its founder threatened to sell further shares if the airline places an order for more aircraft. Sir Stelios Haji-Ioannou voiced his concern over the company's expansion plans in an open letter published on Monday, accusing
Read moreWednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
Read moreTuesday broker round-up UPDATE
22nd Jan 2013 07:06
Afren: Liberum Capital shifts target price from 120p to 123p staying with its hold recommendation. ASOS: Exane BNP increases target price from 3000p to 3100p and retains an outperform rating. BP: RBC downgrades to sector perform from outperform. Brammer: Peel Hunt moves target price from 300p to
Read moreLondon close: Stocks extend gains on quiet day
21st Jan 2013 16:36
With Wall Street closed for Martin Luther King Day on Monday, the UK stock market took advantage of low volumes to push London's benchmark index close to levels not seen in five years. "European stock markets benefitted from the lack of news, earnings and economic data released today with the major
Read moreeasyJet founder threatens to sell family stake
21st Jan 2013 15:51
easyJet founder Sir Stelios Haji-Ioannou has warned directors he will sell his 37 per cent family stake in the airline if they enforce plans to buy new aircraft, according to reports. He voiced his concern over the company's expansion plans in an open letter published on Monday, accusing directors
Read moreFTSE 250 movers: WH Smith rises on upgrade
21st Jan 2013 15:18
WH Smith rose after Numis upgraded the stock to add with a target price of 710p. Ocado was a strong riser, extending last week's gains following a 70% rise in sales over the festive period. Stobart was also higher after announcing a change of hands at the top. Non-Executive Chairman of the UK-bas
Read moreMonday broker round-up UPDATE
21st Jan 2013 07:02
Abbey Protection: Numis increases target price from 90p to 120p and upgrades to add. Admiral: Goldman Sachs upgrades to buy from neutral, raising its price target to 1500p from 1160p before. Aggreko: Bank of America lowers target price from 2700p to 1950p and downgrades to neutral. Anglo Americ
Read moreFriday broker round-up UPDATE
18th Jan 2013 07:53
Aberdeen Asset Management: UBS ups target price from 370p to 440p maintaining a buy rating. JP Morgan shifts target price from 479p to 498p and keeps an overweight rating. Numis raises target price from 400p to 430p, while its add rating remains unchanged. Afren: Nomura cuts target price from 185p
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreTuesday broker round-up UPDATE
15th Jan 2013 07:17
African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold. Aurum
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreTuesday broker round-up UPDATE
8th Jan 2013 07:19
Anglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
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