MARKET TALK: KBC Upgrades Fuller, Smith & Turner To Buy

23rd Jul 2010 10:20

0920 GMT [Dow Jones] KBC Peel Hunt upgrades Fuller, Smith & Turner (FSTA.LN) to buy from hold and raises price target to 630p from 540p following the company's 1Q update. Says: "Increasingly, Fuller's growth trend and its geographical advantage in London and the South East argue for an additional va

Read more

Fuller, Smith & Turner Makes Solid Start To FY11

23rd Jul 2010 08:59

LONDON (Dow Jones)--Pub and brewery group Fuller, Smith & Turner PLC (FSTA.LN) Friday said it had a solid start to the 2011 fiscal year, with sales at its managed pubs and hotels up 4.1% in the first 16 weeks, but said trading is likely to remain unpredictable. Fuller's said during the same 16 w

Read more

Fuller's going well as sun shines on London

23rd Jul 2010 07:49

Hot weather in the south-east helped Fuller's, the London-based brewer and pub group, trade well over the past 16 weeks. Fuller's Inns saw like for like sales in its managed pubs and hotels increase by 4.1% in the 16 weeks to 17 July, while tenanted like-for-like profits were up 1%. Brewing arm Ful

Read more

MARKET TALK: S Pierce Ups Fuller, Smith & Turner Target Price

21st Jun 2010 11:55

1055 GMT [Dow Jones] Seymour Pierce raises Fuller, Smith & Turner (FSTA.LN) price target to 675p from 630p following the group's impressive FY results. It increases FY'11 pretax profit estimate to GBP27.6M from GBP25.4M and EPS to 34.4p from 320p. Notes the company's strong balance sheet, adding tha

Read more

Broker tips: Atkins, Fuller's, Mouchel

17th Jun 2010 12:39

The market has given the thumbs down to results from WS Atkins but KBC Peel Hunt thinks the management has clearly delivered in a tough environment, though with the share price approaching the broker's price target, KBC has shifted to a neutral position on the stock. The broker does not expect to m

Read more

Broker snap: Panmure downgrades Fuller's

17th Jun 2010 11:57

Panmure Gordon has nudged up its price target for London based brewer and pubs group Fuller, Smith and Turner but with the share price now not far south of the new target the broker has turned neutral on the stock. The broker has upgraded its current year earnings estimates by around 2% after bette

Read more

London close: BP recovery lifts Footsie

11th Jun 2010 16:34

Footsie closed in the blue after recovering from an earlier dive on the back of disappointing retail sales in the US. BP was in focus as the oil giant recovered from heavy losses that have come in the wake of the ongoing oil leak in the Gulf of Mexico. BP finished 8% higher, despite the amount of

Read more

UK SMALLCAP ROUNDUP: Kentz To Focus On Iraq Projects

11th Jun 2010 16:00

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps KENTZ CORPORATION LTD (KENZ.LN) said Friday that a key focus for the company over the next 12 months will be on Iraq and the infrastructure and early pro

Read more

London afternoon: US retail sales data spooks equities

11th Jun 2010 14:40

Footsie's morning gains evaporated over the lunchtime session after much worse than expected US sales figures were released. US retail sales had been expecting to rise 0.3% in May after climbing 0.4% in April but instead of rising they took a step back for the first time since September, falling 1

Read more

Broker tips: Fuller's, Brit, Halfords

11th Jun 2010 13:33

Results from Fuller, Smith & Turner have, like a pint of the brewer's London Pride, gone down well. After a better than expected set of results from the brewer and pubs group owner Panmure Gordon has reiterated its "buy" recommendation and 614p price target. "Fuller's continues to offer a rare and

Read more

Broker snap: Fuller's worth another round, says Panmure

11th Jun 2010 13:27

Results from Fuller, Smith & Turner have, like a pint of the brewer's London Pride, gone down well. After a better than expected set of results from the brewer and pubs group owner Panmure Gordon has reiterated its "buy" recommendation and 614p price target. "Fuller's continues to offer a rare and

Read more

UK SMALLCAP ROUNDUP: Fullers Posts Record Earnings

11th Jun 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps FULLER, SMITH & TURNER PLC (FSTA.LN), a pub and brewery group, Friday reported a record set of full-year figures in spite of the recession, and said whil

Read more

London midday: BP bounces back

11th Jun 2010 12:27

Though miners and banks are in the doldrums the market is making headway and, unusually, the advance is being led by BP. The oil giant yesterday reported the amount of oil it is capturing from the Gulf of Mexico leak has risen to 15,800 barrels per day, but as fast as it is improving the rate at w

Read more

UPDATE: Fuller's Cautious On 2011 After Record Full-year

11th Jun 2010 10:41

(Adds chairman comment, detail, background) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Pub and brewery group Fuller, Smith & Turner PLC (FSTA.LN) Friday posted a record set of full-year figures in spite of the recession, and said while looming tax hikes could hit spend

Read more

UK MARKET TALK ROUNDUP: BROKERS COMMENTS

11th Jun 2010 09:46

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0846 GMT [Dow Jones] Fuller, Smith & Turner (FSTA.LN) continues to deliver an admirable performance, says Panmure Gordon. FY

Read more