Thursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreWednesday broker round-up UPDATE
19th Mar 2014 09:00
Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreFTSE 250 movers: Intl Personal Finance rises on profit jump
26th Feb 2014 13:56
International Personal Finances shares jumped in today's session after its profit came in slightly ahead of expectations. Profit before tax leapt 24 per cent, prompting a 20 per cent increase to the dividend. Despite this, Panmure Analyst, Keith Baird, said: "Regulatory threats remain the chief risk
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 moreFTSE 250 movers: Ashmore dives as profits sink by a third
25th Feb 2014 15:30
Asset manager Ashmore was at the bottom of the pile after its first-half profits fell by a third as it counted the cost of investor wariness over emerging markets against a backdrop of the US winding down its bond-buying stimulus programme. The news prompted Canaccord to downgrade the stock to 'hold
Read moreGreencore acquires US food-to-go manufacturer, unveils investment plan
25th Feb 2014 12:09
Greencore Group, an international manufacturer of convenience food, has acquired Lettieri's, a US-based manufacturer of food-to-go products. Lettieri's operates from a purpose-built facility in Minnesota and employs around 130 staff. For the year ended March 2013, it generated revenue of $36.4m (
Read moreBroker tips: RBS, BG Group, Carnival, Greencore
28th Jan 2014 11:32
Following the news that RBS has put aside a further three billion pounds to cover new claims, a large number of analysts have maintained their negative views on the stock, recommending investors to sell the shares ahead of the bank's full-year results next month. Analysts at Citi kept their 'sell'
Read moreBroker snap: Greencore makes 'strong start' to year, says Jefferies
28th Jan 2014 10:56
Greencore is a 'buy', according to Jefferies, after the convenience foods firm reported a 'strong start to the year' with growth ahead of forecasts. The company, which makes ready meals, sandwiches and quiches, recorded revenue of £320.5m for the 13 weeks to December 27th 2013, an increase of 7.2%
Read moreGreencore delivers tasty fourth quarter results
28th Jan 2014 07:16
- Solid revenue growth over final quarter - Strong US performance, UK markets improving - Confident of meeting full-year forecasts Convenience store producer Greencore recorded solid revenue growth over the Christmas period and said it remains confident of meeting full-year forecasts. The Irish
Read moreLondon pre-open: FTSE to take breather ahead of GDP data
28th Jan 2014 07:11
- Stocks to inch lower - 2013 GDP to show strongest year since 2007 - Also focusing on US consumer confidence and durable goods City sources predict the FTSE 100 will open two points lower than yesterday's close of 6,550.66 as investors pause for breath after two sessions of heavy declines. US s
Read moreFTSE 250 movers: Ladbrokes declines on broker concerns
21st Jan 2014 14:25
Ladbrokes slumped after JPMorgan Cazenove expressed concerns about potential regulatory restrictions on machine gaming, which could result in 'material downgrades and significant shop closures' at the bookmaker. Consumer products group PZ Cussons also took a hit after reporting that its first hal
Read moreTuesday broker round-up UPDATE
21st Jan 2014 08:17
BG Group: Credit Suisse ups target price from 1170p to 1200p, while leaving its underperform rating unchanged. BHP Billiton: UBS lowers target price from 2090p to 2060p, while its buy recommendation is kept. Diageo: UBS cuts target price from 2050p to 2000p maintaining a neutral rating. DP World
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 moreReckitt Benckiser CFO grows stake
12th Dec 2013 16:14
Adrian Hennah, the Chief Financial Officer of Reckitt Benckiser, added 13,629 shares to his stake in the consumer goods company. Hennah, who has been in the role since the start of the year, acquired the stock at 4,619.73p a piece for a total spend of £629,623. His interest in the company now st
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
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