Wednesday broker round-up:
8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read moreGooch & Housego chief executive sells 0.5m shares
10th Dec 2014 15:33
Gareth Jones, chief executive at Gooch & Housego, has pocketed £342,500 after selling 0.5m shares at 685p each at the fibre optic company. Jones, who now holds 0.45m shares, said last week in the group's full year report that it suffered "considerable foreign exchange headwinds". However, Gooch & H
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read moreGooch & Housego profits rise despite challenging markets
10th Jun 2014 07:45
- Half-year growth in difficult markets - Strong Aerospace & Defence and Industrial divisions - Confident of long-term growth Optical components maker Gooch & Housego said it delivered profitable growth and improving margins in less than buoyant market conditions. Adjusted pre-tax profit rose to £
Read moreGooch & Housego receives government grant
16th Apr 2014 13:43
Optical components maker Gooch & Housego has secured a grant from the UK government's Regional Growth Fund to further develop its Systems Technology Group (STG). The AIM-listed company, which was one of 37 businesses to be selected through a competitive process from 133 applications, has been grant
Read moreTuesday broker round-up UPDATE
8th Apr 2014 09:18
API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai
Read moreGooch & Housego trading in line
7th Apr 2014 07:11
- Trading in line with expectations - Continuing streamling operations - Order book up nine per cent from start of year AIM-listed optical components and systems manufacturer Gooch and Housego said trading in the last six months was in line with management expectations, following good growth in its
Read moreWednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreTungsten Corp non-exec almost doubles stake
9th Jan 2014 16:58
Michael Spencer, a significant investor in Tungsten Corporation, almost doubled his stake in the cloud-based invoicing business this week. Spencer, who is also the founder of ICAP, paid 253p a share, spending £1.9m in total. His stake in the company now stands at 1.83m shares. The transaction
Read moreMonday broker round-up UPDATE
16th Dec 2013 08:16
Admiral Group: Deutsche Bank moves target price from 1300p to 1330p and maintains a hold recommendation. Allocate Software: N+1 Singer raises target price from 98p to 108p keeping a buy recommendation. Amlin: Deutsche Bank ups target price from 465p to 484p reiterating its hold recommendation. Ca
Read moreGooch & Housego profit surges by a fifth
3rd Dec 2013 09:45
- Profit jumps by a fifth - Order book rises 12 per cent over the year - Dividend up by 21.1 per cent AIM-listed optical components and systems manufacturer Gooch and Housego said annual pre-tax profit increased by nearly a fifth and, with a strong pipeline of new products, believes it is well-posi
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreGooch&Housego acquires Athens-based Constelex
26th Nov 2013 15:36
Gooch & Housego, the manufacturer of optical components and systems, will acquire Greek-based Constelex for a cash consideration of 0.4m euros in cash, followed by 0.25m euros in G&H shares once activities are relocated to Torquay. Constelex is a small, start-up company specialising in low-noise o
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