Monday broker round-up -UPDATE
20th Feb 2012 09:08
Whitbread: Credit Suisse recommends trading sell. Morgan Crucible: Credit Suisse raises price target to 375p from 305p. Halma: Credit Suisse raises target to 380p from 310p, upgrades to neutral from underperform. Spectris: Credit Suisse raises target to 1,900p from 1,690p. Lloyds: Nomura re
Read moreBroker tips: Transport stocks, Misys, easyJet
26th Jan 2012 11:29
Nomura has downgraded its rating on the 'European Industrial Transportation' sector from bullish to neutral, saying that it expects slow growth or even no growth from stocks this year. In its summary of the sector, Nomura said: "with the outlook for volume growth finely balanced between sub-trend g
Read moreBroker snap: Nomura cautious about transport stocks
26th Jan 2012 10:07
Nomura has downgraded its rating on the 'European Industrial Transportation' sector from bullish to neutral, saying that it expects slow growth or even no growth from stocks this year. The broker highlights the following three trends: sub-trend volume growth to continue; tough comps in the early mo
Read moreThursday broker round-up - UPDATE
26th Jan 2012 09:34
Misys: Panmure Gordon cuts target from 335p to 295p, hold rating unchanged; Peel Hunt puts 250p target under review, hold rating kept; Merchant Securities initiates coverage with sell rating and 220p target. Mitchells & Butlers: Panmure Gordon keeps hold and 240p target; Peel Hunt retains hold rati
Read moreWednesday broker round-up - UPDATE
14th Dec 2011 10:09
Tesco: ING downgrades to sell from buy. Marks&Spencer: ING downgrades to sell from hold. Morrison: ING upgrades from hold to buy. Rio Tinto: Credit Suisse reiterates outperform recommendation and 5,000p target. London Stock Exchange: Credit Suisse upgrades from underperform to neutral, 850p tar
Read moreFTSE 250 Movers: Domino Printing storms ahead
13th Dec 2011 15:12
Printing technologies firm Domino Printing Sciences soared 17% after reporting its best ever full year results following a strong global performance and the introduction of new products. Pre-tax profit rose 10% to £57.4m for the year ended 31 October 2011 while revenue increased 5% to £314.1m as cu
Read moreTuesday broker round-up - UPDATE
13th Dec 2011 09:54
Amec: Citi upgrades to buy from sell. Royal Dutch Shell: Citi downgrades to neutral from buy. Petrofac: Investec reiterates buy, 1,705p target under review. Petrofac: Evolution Securities reiterates add and 1,700p target. Whitbread: Evolution Securities keeps buy rating and 1,800p target. Whitb
Read moreLondon open: Whitbread loses its froth
13th Dec 2011 08:47
London has opened on the front foot, which comes as a relief after yesterday's bashing, but the top-share index's modest advance is largely due to the strength of miners, which more than outweighs the weakness of banks. Results from Costa Coffee show owner Whitbread have left a sour taste, with evi
Read moreGo-Ahead lifts operating profit forecast
13th Dec 2011 07:27
Bus and train operator Go-Ahead said trading in the last six months has been robust and its now expects to deliver operating profit slightly ahead of previous company expectations, primarily at its rail unit, for the full year to 30 June 2012. Both bus and rail divisions saw strong trading in the
Read moreUPDATE: Thursday broker round-up
27th Oct 2011 09:09
Smith&Nephew: Citi reiterates sell. Anglo American: Citi maintains at buy. Invensys: UBS raises to neutral-short term buy from neutral. Lowers target to 225p from 250p. Bellway: UBS keeps at buy, raises target price to 825p from 793p. Lloyds: Credit Suisse cuts target to 31p from 40p, keeps at
Read moreCar drivers hop aboard at Go-Ahead
27th Oct 2011 07:53
Bus and rail Go-Ahead said company expectations for the full year to 30 June 2012 remain unchanged after a robust first quarter across all of its businesses. Its bus services enjoyed strong trading as the rising cost of running a car lured more passengers onto public transport. Take-up of its new
Read moreLondon midday: Retail boost but miners suffer
20th Oct 2011 12:02
Retail stocks are on the offensive today, but with the Eurozone situation continuing to stoke fears over global growth, miners are dragging the top share index lower. Franco-German talks regarding the Eurozone rescue fund are not going on as smoothly as some had hoped. The unexpected meeting yeste
Read moreLondon open: Miners drag Footsie lower
20th Oct 2011 08:33
The Footsie tumbled in the opening minutes on Thursday morning, following a strong day yesterday, with just three stocks making gains. Markets seem to have lost their optimism as Franco-German talks regarding the Eurozone rescue fund are not going on as smoothly as some had hoped. The unexpected me
Read moreGo-Ahead, Stagecoach miss out on Greater Anglia franchise
20th Oct 2011 07:27
Transport group Abellio, the international arm of Dutch Railways, has been awarded the Greater Anglia rail franchise, beating FTSE 250 rivals Go-Ahead and Stagecoach. The Department for Transport (DfT) announced on Thursday morning that Abellio Greater Anglia Ltd had been chosen to run trains on th
Read moreUPDATE: Thursday broker round-up
22nd Sep 2011 09:55
Burberry: AlphaValue downgrades to sell, target cut from 1,297p to 1,302.5p. Anglo American: Societe Generale upgrades to buy, target cut from 3,250p to 3,000p. TUI Travel: Numis Securities downgrades to hold, target decreased from 180p to 160p. Aegis Group: Barclays downgrades to equal-weight, t
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