Thursday broker round-up
2nd Aug 2012 10:00
Aggreko: Investec keeps buy rating and 2,520p target. Antofagasta: UBS lifts tagged from 850p to 870p, sell rating unchanged. BAE Systems: Investec maintains hold rating and 290p target. Drax: AlphaValue downgrades to reduce. ENRC: UBS cuts tagged from 640p to 615p, buy rating maintained. Filtr
Read moreFriday broker round-up -UPDATE
27th Jul 2012 09:54
African Minerals: Goldman Sachs upgrades to buy. AG Barr: Investec reiterates buy recommendation and 485p target; Shore Capital downgrades to hold; N+1 Brewing downgrades to hold. AstraZeneca: Nordea downgrades to sell. Barclays: Investec maintains buy rating and 240p target. BG Group: UBS cuts
Read moreFirstGroup on track with forecasts
25th Jul 2012 10:51
Shares in Aberdeen based buses and trains operator FirstGroup rose over 4 per cent on Wednesday after it said trading during the first quarter of the new financial year is in line with company expectations. FirstGroup, which experienced a significant share price drop after its surprise profits warn
Read moreWednesday broker round-up
25th Jul 2012 10:13
3i Group: Investec initiates with buy rating and 236p target. APR Energy: UBS cuts target from 690p to 590p, sell rating unchanged. British American Tobacco: Jefferies keeps buy rating and 3,730p target. British Land: Jefferies keeps buy rating and 552p target. BT Group: Jefferies maintains buy
Read moreBroker snap: Jefferies upgrades Stagecoach on Megabus potential
23rd Jul 2012 15:29
Jefferies on Monday upgraded its rating for transport firm Stagecoach from 'hold' to 'buy' and raised its target price (TP) from 240p to 335p, saying that next year looks to be an 'inflexion year' for its Megabus division. "Our sense is that the inconsistent operational performance and balance shee
Read moreMonday newspaper round-up: Capital requirements, Gatwick, Barclays...
16th Jul 2012 07:32
The head of Europe's top banking regulator has raised the bar for lenders' capital requirements, insisting that the nine per cent capital ratio they had to hit as a 'temporary buffer' by June is to become permanent. Andrea Enria, chairman of the European Banking Authority, said "capital conservation
Read moreFriday broker round-up
13th Jul 2012 09:11
Aegis: Exane BNP Paribas downgrades to neutral, target upped from 220p to 240p; UBS downgrades to neutral, target upped from 195p to 240p; HSBC downgrades to underweight, target upped from 180p to 240p. Anglo American: Liberum Capital downgrades to hold. Ashmore: Singer Capital Markets downgrades
Read moreSunday newspaper round-up: Drachmas, Xstrata, Pensions
3rd Jun 2012 19:41
HSBC is testing its cash machines in Greece to ensure they could cope with a return to the drachma if the country pulls out of the euro. Britain's biggest bank is taking the precaution because of concerns that Greece could abandon the 17-nation currency bloc amid political stalemate in the country.
Read moreWednesday broker round-up
30th May 2012 09:31
Aberdeen: UBS cuts target from 340p to 300p, buy rating unchanged. Ashmore: UBS cuts target from 420p to 380p, buy rating unchanged. AVEVA: Merchant Securities raises target from 1,800p to 1,850p, buy rating unchanged. Centrica: Nomura cuts target from 355p to 320p, neutral rating kept. Drax: No
Read moreTuesday newspaper round-up: BoE, First Group, Lonrho
29th May 2012 07:12
Spanish stocks plunged to a nine-year-low and its borrowing costs rose as traders refused to believe Mariano Rajoy's claim that Madrid could salvage its banks without a bail-out. At a press conference designed to reassure markets after the 19bn euro nationalisation of Bankia, the prime minister admi
Read moreFirstGroup Chairman ups his stake
24th May 2012 15:45
Martin Gilbert, Chairman of FTSE 250 transport firm FirstGroup, has ignored broker recommendations to purchase 50,000 shares on the same day the company unveiled its plans to move its UK bus shake-up into the fast lane. Gilbert bought the shares on Wednesday at 217.50p each for a total of £108,750
Read moreThursday tips round-up: Bloomsbury, FirstGroup, HICL
24th May 2012 06:50
In the Telegraph, Questor wonders whether the publishers of the Harry Potter books, Bloomsbury, still has the magic touch. If it does, it will need to 'get with the programme' on digital platforms - so a 159 per cent increase in ebook sales last year is welcome news. Other impressive stats include
Read moreLondon close: Stocks sink on Greek exit speculation
23rd May 2012 16:39
- Officials warn Eurozone to prepare for Greek exit - BoE policy makers 'finely balanced' on more QE - CBO warns of US recession The FTSE 100 sunk to its lowest levels of the day by the end of trade on Wednesday as investors looked ahead to this evening's EU summit with caution as speculation incre
Read moreFTSE 250 movers: LSE drops after Italian banks sell stakes
23rd May 2012 15:54
Italian banks UniCredit and Intesa Sanpaolo have announced that they have sold their combined 11.5% stake of market operator London Stock Exchange (LSE), causing shares to take a tumble today. The banks made the transaction via an "accelerated bookbuild" at 960p per share, a discount to Tuesday's cl
Read moreBroker tips: Burberry, Great Portland, FirstGroup
23rd May 2012 11:17
Investec has reiterated its buy recommendation and 1,690p target price for British luxury brand Burberry in spite of today's negative market reaction to the firm's full-year results. "We don't expect to change our underlying trading forecasts. The lack of upgrades may see bears take issue today, bu
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