Wednesday broker round-up UPDATE
27th Aug 2014 09:57
Antofagasta: Westhouse Securities reduces target price from 885p to 805p and stays with its neutral rating. Bunzl: Deutsche Bank ups target price from 1508p to 1565p leaving its hold recommendation unchanged. Chime Communications: Canaccord Genuity lowers target price from 390p to 385p and maintai
Read moreJames Fisher posts strong H1 despite currency woe
27th Aug 2014 09:27
Contract wins and strong trading in offshore oil drove better-than-expected half-year results at specialist engineering services group James Fisher. The group managed to beat forecasts despite currency headwinds reducing profit by around £1.5m, posting a 12% increase in pre-tax profit to £20.8m, up
Read moreCranswick non-exec builds stake
23rd Jun 2014 16:27
Non-Executive Director Mark Reckitt has modestly increased his holding in food producer Cranswick with the purchase of 1,300 shares. The £15,795 deal, in which Reckitt bought the shares at 1,215p each, came around one month after the group, which is Britain's largest pork processor, shrugged off r
Read moreLondon pre-open: Flat start ahead of May public finance figures
20th Jun 2014 07:40
A flat start is expected on the FTSE 100, although there could be a very modest gain of a point or two, following yesterday's close of 6,808.11. That follows a mixed finish in the US last night and as investors balance Wednesday's Fed statement with nerves about the situation in Iraq. According
Read moreJames Fisher buys testing services provider for £8m
20th Jun 2014 07:06
FTSE 250-listed engineering group James Fisher has bought monitoring, instrumentation and testing services provider Testconsult for £8m in cash. The group is doing the deal to extend services provided by its Strainstall Monitoring business, which uses strain gauges and sensors to structurally moni
Read moreFriday broker round-up UPDATE
30th May 2014 09:14
ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation. Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating. Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommenda
Read moreFriday tips round-up: Howden Joinery, James Fisher and Sons
2nd May 2014 10:19
Consumer confidence registered a big jump last summer and has continued improving ever since. That is what the latest results from Howden Joinery seem to show. This is because consumers need to be quite confident before splashing out on an investment such as a kitchen. Furthermore, the company conti
Read moreFTSE 250 movers: James Fisher higher on growth expectations
1st May 2014 15:10
James Fisher and Sons, which provides marine services to a range of industries, jumped after giving an upbeat outlook for 2014, saying it expects 'further growth'. Expectations for the full-year remain unchanged at Go-Ahead Group, prompting the transport group higher. The group said trading in the
Read moreLondon midday: Lloyds leads UK markets to two-month high
1st May 2014 11:34
- Lloyds, BSkyB, BG Group and Schroders gain - UK manufacturing activity at five-month high - Fed sticks with taper despite weak Q1 growth techMARK 2,774.45 -0.22% FTSE 100 6,797.46 +0.26% FTSE 250 15,812.19 -0.03% Well-received updates from Lloyds, BSkyB, BG Group and Schroders and upbeat UK manu
Read moreJames Fisher foresees 'further growth' after in-line Q1
1st May 2014 08:23
James Fisher and Sons, which provides marine services to a range of industries, gave an upbeat outlook for 2014, saying it expects 'further growth' after an in-line start to the year. The company, which serves a range of markets including oil and gas, defence and renewable energy, said it "commence
Read moreWalker Crips directors top up holdings
9th Apr 2014 16:00
Board members at Walker Crips, the investment management group, this week purchased a round of shares worth a total of 66,540 pounds. At 46,553, Independent Director Robert Elliott bought the highest number of shares, for a total spend of £20,018. Group Managing Director Sean Lam, Chief Executiv
Read moreJames Fisher buys Swedish swimmer delivery vehicle business
18th Mar 2014 08:19
Marine services group James Fisher & Sons is to buy Defence Consulting Europe (DCE), a provider of specialist swimmer delivery vehicles. The company will be acquired for an initial consideration of £3.7m in cash, with a further £1.9m payable subject to certain financial targets over the medium term
Read moreJames Fisher beats expectations with earnings ahead 19 per cent
4th Mar 2014 10:21
- FY revenue up 14 cent, PBT up 18 per cent - EPS up 19 per cent, FY divi up 13 per cent - 2014 in line, well placed for further growth Strong demand from the offshore oil industry in Norway and developing markets enabled marine services group James Fisher to speed growth in the second half of the
Read moreJames Fisher to acquire underwater tech firm
28th Jan 2014 09:05
Marine Services business James Fisher and Sons on Tuesday announced the acquisition of the entire share capital of Subsea Vision. The firm, which was bought for £2.5m, owns and operates remotely operated vehicles (ROV) providing underwater surveys, inspections and construction which support to the
Read moreThursday broker round-up UPDATE
14th Nov 2013 09:21
Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock
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