Thursday broker round-up UPDATE
28th Feb 2013 07:19
AZ Electronic Materials: Goldman Sachs moves target price from 440p to 450p and retains a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 667p to 679p, while downgrading to hold. British American Tabacco: Investec places its target price (previously 3350p) and buy rec
Read moreGooch & Housego trading in line
27th Feb 2013 08:04
Optical components and systems manufacturer Gooch and Housego said its trading performance since the end of September last year has been in line with expectations and is confident of continued growth. Following a strong second half performance in the last financial year, the group said demand durin
Read moreMarket conditions brighten for Gooch and Housego
4th Oct 2012 08:33
Optical components and systems manufacturer Gooch and Housego said profit for the year ended September 30th is on target as it continues its transition from a predominatly industrial components supplier to a photonic solutions maker for the aerospace & defence and life sciences markets. Following
Read moreGalliford Try Finance Director sells as firm doubles divi
19th Sep 2012 16:40
Frank Nelson, the Finance Director of Galliford Try, the house-building and construction firm, has sold 80,000 shares on the same day the company reported soaring profits in the year ended June 30th. Nelson, who was appointed to the board in 2000, traded in the shares at 686.63p each for a total o
Read moreGooch & Housego shines as new orders fly in
23rd Jul 2012 08:57
Gooch and Housego, a manufacturer of optical components and systems, announced that since its interim statement on 12 June it has received orders worth in excess of $6m from customers operating in the Aerospace & Defence sector. Shares in the aim listed industrial laser specialist rose over 3 perce
Read moreTuesday broker round-up
12th Jun 2012 08:20
Amlin: Deutsche Bank upgrades to buy, target lifted from 420p to 435p. British Sky Broadcasting: Morgan Stanley upgrades to overweight, 790p target maintained. Consort Medical: Canaccord Genuity maintains buy rating and 744p target. easyJet: HSBC downgrades to neutral, target cut from 580p to 530
Read moreGooch & Housego profit plunges
12th Jun 2012 08:02
Gooch & Housego, the aim listed industrial laser specialist, posted a hefty slide in first half pre-tax profit as it battles against challenging trading conditions. The group, which specialises in laser technology used to make smartphones and other electronic devices, said pre-tax profit for the si
Read moreSmall caps round-up: ProPhotonix, Gooch and Housego, Kewill
5th Apr 2012 08:15
Light-emitting display designer ProPhotonix has signed new distribution deals in Germany, Taiwan and the USA. The new distribution partners will handle distribution of the firm's machine vision illumination products in those countries. Machine vision systems enable the inspection of products through
Read moreGooch and Housego lowers profit guidance
21st Feb 2012 08:17
Gooch and Housego, a manufacturer of optical components and systems, has said trading conditions were 'more challenging than expected' in its Industrial Laser market sector during the first four months of the financial year and consequently profits for the year ending September 30th 2012 are likely
Read moreLondon open: Miners and banks prove a drag
29th Nov 2011 08:36
Investors are generally holding their fire ahead of this afternoon's Autumn statement from the Chancellor of the Exchequer, George Osborne. The Footsie gives back a few of the gains made yesterday, largely as a result of the weakness of miners, while banks are also off the boil. PUTTING ON A SHOW
Read moreGooch & Housego profit soars 78%
29th Nov 2011 07:11
Optical components maker Gooch & Housego reported a 78% surge in full year adjusted pre-tax profit and said it is well positioned to weather the current economic climate. Adjusted pre-tax profit rose to £10.8m in the year ended 30 September from £6m the year before. Revenue for the year increased t
Read moreUPDATE: Tuesday broker round-up
4th Oct 2011 08:25
BHP Billiton: Citi reiterates buy and keeps target at 2,405p. BHP Billiton: Credit Suisse upgrades to outperform from neutral; cuts target to 2,800p from 3,160p. Anglo American: Credit Suisse downgrades to neutral from overperform. Lonmin: Credit Suisse downgrades to underweight from neutral. S
Read moreThursday tips round-up: Smiths Group, Gooch & Housego, SThree...
9th Jun 2011 07:15
Smiths shares, down 24p at £11.76½p after yesterday's trading statement, are now back to about where they were before the bid speculation began. The statement is short on detail, but underlying sales at the end of May, ten months into the financial year, were ahead of a year before. John Crane, abou
Read moreGooch & Housego more than doubles profit
8th Jun 2011 08:19
Half year profit more than doubled at optical components maker Gooch & Housego after robust demand for lasers used in manufacturing. Adjusted profit before tax rose to £5m for the six months ended 31 March 2011 from £2.2m before. Revenue increased to £27.2m from £20.4m previously after strong growt
Read moreLondon close: FTSE 100 soars past 6,000
1st Apr 2011 16:38
Shares have moved back above the 6,000 point mark as economic data from the US stoked optimism. Private non-farm payrolls rose by 216,000 in March, versus consensus expectations for a 190,000 person increase. Also, the unemployment rate fell unexpectedly, to 8.8% (Consensus: 8.9%). Average hourly e
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