Gooch & 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
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreWednesday broker round-up UPDATE
16th Oct 2013 08:26
Anite: Northland Capital reduces target price from 160p to 120p, while staying with its buy recommendation. Panmure Gordon cuts target price from 177p to 142p and keeps a buy recommendation. Jefferies takes target price from 160p to 110p, while leaving its buy recommendation unchanged. Canaccord Gen
Read moreLondon pre-open: FTSE to decline as US crisis rumbles on
7th Oct 2013 07:30
City sources predict the FTSE 100 will open around 23 points lower than Friday's close of 6,453.88, as Congressional leaders on Capitol Hill failed to come to a resolution over the budget crisis during the weekend. In remarks made behind closed dooors the speaker of The United States House of Repres
Read moreGooch & Housego trading in line
7th Oct 2013 07:08
Gooch & Housego, a specialist manufacturer of optical components and systems, said it continues to trade in line with expectations as it weathers mixed market conditions. The UK optics manufacturer said profit for the year ended September 30th 2013 is expected to be in line with market expectations
Read moreWednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
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