Tuesday broker round-up UPDATE
7th May 2013 07:18
Admiral Group: JP Morgan reduces target price from 1246p to 1108p downgrading to underweight. Afren: Deutsche Bank lowers target price from 165p to 150p, while leaving its buy recommendation unchanged. Investec ups target price from 138p to 160p and upgrades from hold to buy. Betfair Group: Numis
Read moreGreencore director boosts stake after horse meat scandal hits firm
20th Feb 2013 16:27
John Warren, a non-Executive Director of Irish food producer Greencore, has increased his stake in the company just a few days after the company was forced to admit horse meat had been found in its beef bolognese sauce. The director purchased 25,000 shares at 105.60p each, costing £26,400 before ta
Read moreMonday broker round-up UPDATE
18th Feb 2013 08:09
AMEC: Deutsche Bank cuts target price from 1350p to 1250p and stays with its buy recommendation. HSBC lowers target price from 1225p to 1200p keeping an overweight rating. Anglo American: Deutsche Bank moves target price from 2260p to 2290p and maintains a buy recommendation. HSBC upgrades to overw
Read moreSector movers: Supermarket stocks hit by ongoing horsemeat scandal
15th Feb 2013 15:16
The horsemeat scandal in the UK continued to take its toll on the supermarkets on Friday, with food retail stocks among the worst performers of the day. Walmart's Asda said this morning that it was forced to take its 'Chosen By You 350g Beef Bolognese' sauce off its shelves following the detection
Read moreGreencore shares plummet as horse meat found in sauce
15th Feb 2013 09:47
Horse meat has reared its ugly head once again - this time in Greencore's beef bolognese sauce. Shares tumbled 14.91% to 87.00p at 10:12 Friday as the Irish food producer confirmed its Chosen By You 350g Beef Bolognese was withdrawn from Asda supermarkets following the detection of horse DNA. Thre
Read moreTuesday broker round-up UPDATE
29th Jan 2013 07:26
Anglo American: JP Morgan takes price target from 1630p to 1680p, while its underweight rating remains unchanged. ARM Holdings: Jefferies raises target price from 693p to 805p keeping a hold recommendation. Astra Zaneca: Barclays ups target price from 3100p to 3200p and retains an equal-weight rat
Read moreThursday broker round-up UPDATE
29th Nov 2012 07:27
Aberdeen Asset Management: Morgan Stanley raises target price from 365p to 375p; keeping an overweight rating. ASOS: Societe Generale raises target price from 2500p to 2530p and reiterates its hold recommendation. Babcock International: UBS downgrades from buy to neutral. Barratt Developments: HS
Read moreTuesday broker round-up UPDATE
27th Nov 2012 07:19
Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3
Read moreThursday broker round-up
23rd Aug 2012 09:29
Aegis: Nomura maintains buy rating and 240p target. British Land: Jefferies downgrades to hold. Cobham: Citigroup downgrades to neutral, target cut from 265p to 230p. Diageo: Jefferies maintains buy rating and 1,915p target; Investec maintains buy rating and 1,900p target. Evraz: HSBC upgrades t
Read moreWhitbread chief keeps the faith
13th Dec 2011 15:39
Whitbread chief executive Andy Harrison made a firm declaration of his faith in the firm, purchasing nearly £200,000-worth of shares on the same day the company admitted sales growth had slowed. The Costa Coffee and Premier Inn owner disappointed investors after the figures suggested that even the
Read moreTuesday broker round-up - UPDATE
6th Dec 2011 09:27
Wolseley: Charles Stanley gives accumulate recommendation. Wolseley: Panmure Gordon keeps sell rating and 1,500p target. Meggitt: Credit Suisse downgrades to underperform from outperform; cuts target to 330p from 410p. Shire: Goldman Sachs reiterates buy. SABMiller: Nomura maintains buy recomme
Read moreGreencore tells suitor to hop it
5th Dec 2011 11:03
Greencore, the Irish convenience food company, says discussions on a possible takeover, announced on 25 October, have ended. The identity of the suitor has remained secret although private equity firms keen to increase their exposure to the relatively low risk food industry were the main focus of r
Read moreMonday broker round-up - UPDATE
5th Dec 2011 08:45
Kingfisher: Credit Suisse raises price target to 310p from 295p, outperform rating kept. Berkeley Group: Credit Suisse raises target to 1,225p from 1,079p, maintains neutral. Berkeley Group: UBS raises target to 1,530p from 1,480p. BG Group: UBS ups price target to 1,635p from 1,600p, stays at
Read moreHis n' hers shares for Robert Walters and wife
16th Aug 2011 09:51
Robert Walters, chief executive of the recruitment company he named after himself, and his wife have together spent about £200,000 on shares in the firm. They purchased a combined total of 81,630 shares at 245p each. The transaction brings Robert Walters' total interest to 2,181,480 shares, equi
Read moreGreencore Foods gobbles up Uniq for £113m
12th Jul 2011 09:46
Greencore Foods has offered to buy British convenience foods supplier Uniq from a pension fund that owns 90.2% of the company for 96p-a-share, or £113m, sending Uniq's shares soaring 21%. Greencore Foods, which is a wholly-owned subsidiary of Irish chilled prepared meals maker Greencore Group, is p
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