Broker 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
Read moreTuesday broker round-up UPDATE
26th Nov 2013 08:18
BBA Aviation: Goldman Sachs shifts target price from 420p to 425p and reiterates a buy recommendation. BTG: Numis raises target price from 350p to 440p upgrading from reduce to hold. Cambria Automobiles: Panmure Gordon starts with a target price of 61p and a buy recommendation. Daily Mail & Gener
Read moreGreencore Group's annual profits rise after restructuring
26th Nov 2013 07:43
- Profits and revenues grow after disposal and acquisitions - Dividend rises 12.9 per cent - Progress expected in fiscal year 2014 Convenience store producer Greencore Group reported an increase in annual profits and revenue following the restructuring of its desserts business. Operating profit r
Read moreFTSE 250 movers: Greencore boosted by Starbucks expansion plans
1st Nov 2013 15:39
Irish food company Greencore was a strong riser on the second tier, most likely due to the news that Starbucks is planning to expand its food range in the US. Greencore is one of Starbucks's main food suppliers, as well as being the biggest sandwich maker in the world, making this big news for the F
Read moreWednesday broker round-up UPDATE
25th Sep 2013 09:46
Amec: JP Morgan reduces target price from 1301p to 1243p and stays with its neutral rating. Amlin: UBS ups target price from 400p to 450p upgrading from neutral to buy. BAE Systems: UBS takes target price from 450p to 490p and maintains a buy recommendation. BHP Billiton: Alphavalue shifts target
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreFriday broker round-up UPDATE
10th May 2013 07:14
Afren: Westhouse Securities initiates with a target price of 160p and a buy recommendation. Ashmore Group: Credit Suisse raises target price from 375p to 440p upgrading from underperform to neutral. Barratt Developments: Citigroup increases target price from 245p to 315p leaving its neutral rating
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