FTSE 250 movers: Fidessa rises on positive sentiment change
11th Feb 2013 15:44
Trading systems developer Fidessa gained experiencing a 'marked and positive change of sentiment in the market' in recent months. Ocado extended Friday's gains which came on the back of Exan BNP's decision to raise its target price on the stock from 140p to 145p. Third-quarter power generation a
Read moreBroker tips: AMEC, Fidessa, Ophir Energy
11th Feb 2013 11:02
AMEC, the engineering and project management group which is due to release its full-year results this Thursday, has been labelled as a 'buy' by Seymour Pierce. "The shares have underperformed the market by 4.3% in the last three months and by 8.4% in the last year. They now trade at a discount to t
Read moreBroker snap: Panmure raises Fidessa forecasts but keeps 'hold'
11th Feb 2013 10:11
Panmure Gordon has raised its target price for trading systems developer Fidessa from 1,243p to 1,396p, following the forecast-beating final results released Monday. However, the broker has retained its 'hold' recommendation on the shares, saying that the stock is still "too expensive and the halcy
Read moreMonday broker round-up UPDATE
11th Feb 2013 07:41
Aquarius Platinum: Deutsche Bank shifts target price from 82p to 83p keeping a buy recommendation. AstraZaneca: JP Morgan cuts target price from 2970p to 2750p and retains an underweight rating. Avation: WH Ireland ups target price from 120p to 140p, while its buy recommendation is kept. Bellway:
Read moreLondon pre-open: FTSE set to edge marginally lower in early trade
11th Feb 2013 07:24
City sources predict the FTSE 100 will open down two points from Friday's close of 6,264, as investors try to determine whether the rally seen in UK markets since the start of the year has any more left in the pot. US stocks rose on Friday after unexpected data showed that the nation's trade defic
Read moreFidessa reports flat full year, positive shift in sentiment
11th Feb 2013 07:10
Trading systems developer Fidessa said financial market conditions in 2012 were more difficult than expected as it reported hardly changed profit and revenue for the year. Revenue fell 1%, on a constant currency basis, to £278.6m for the year ended December 31st 2012. Adjusted pre-tax profit also f
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 moreMonday broker round-up UPDATE
14th Jan 2013 06:57
Aberdeen Asset Management: JP Morgan ups target price from 414p to 479p and retains an overweight rating. HSBC downgrades to neutral. Aggreko: UBS cuts target price from 2350p to 2250p maintaining a buy rating. ARM Holdings: Piper Jaffray downgrade to neutral. Ashmore Group: JP Morgan shifts ta
Read moreRandgold Resources CEO sells three million quid's worth of shares
14th Nov 2012 16:30
- Please note: This is a revised version of a story which previously contained information that was incorrect. After what has been a less-than-impressive year, the Chief Executive of FTSE 100 gold miner Randgold Resources, Mark Bristow, sold more than three million pounds worth of shares. Bristo
Read moreWednesday Broker round-up UPDATE
14th Nov 2012 07:24
Anglo American: Deutsche Bank reduces target price from 2700p to 2600p, buy recommendation unchanged. Chemring: Credit Suisse reduces target price from 330p to 210p, neutral rating kept. CRH: UBS raises target price from 1110p to 1140p, neutral rating unchanged. Daily Mail and General Trust: Deut
Read moreMonday broker round-up
29th Oct 2012 08:10
African Barrick Gold: HSBC cuts target from 710p to 670p, overweight rating kept. African Eagle Resources: Seymour Pierce keeps buy rating. Anglo American: Nomura cuts target from 2,100p to 2,000p, neutral rating kept; UBS ups target from 2,230p to 2,250p, buy rating kept. Burberry: Goldman Sachs
Read moreWednesday broker round-up
24th Oct 2012 09:25
African Barrick Gold: Investec raises target from 485p to 530p, hold rating kept. Aggreko: Seymour Pierce maintains buy rating and 2,500p target. AstraZeneca: Panmure Gordon keeps hold rating and 3,000p target. British American Tobacco: Jefferies keeps buy rating and 3,730p target; Panmure Gordon
Read moreLondon close: Stocks decline after Caterpillar earnings
22nd Oct 2012 16:28
- Caterpillar disappoints with guidance - Kenny-Merkel statement apparently overinterpreted -DPA - BP falls after confirming Rosneft deal After a brief stint in positive territory, UK stocks fell into the red by the close on Monday after some disappointing guidance for US economic bellwether Caterp
Read moreFTSE 250 movers: Spectris in bottom spot after downgrade
22nd Oct 2012 15:58
Spectris was in the bottom spot, pushed lower by Panmure Gordon after it downgraded the stock from buy to hold and in spite of Investec's decision to upgrade it to buy. Investec said that although the company has trimmed is growth expectations, 'management, at all levels, is certainly capable of cop
Read moreLondon midday: Stocks push into the blue on Eurozone news
22nd Oct 2012 11:48
-Japanese exports disappoint -Merkel says Irish bank debt is a 'special case' -Miners and banks provide a lift After an earlier fall into the red, London's FTSE 100 was making slight gains by Monday lunchtime as improving news-flow from the Eurozone helped to offset some disappointing economic data
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