Thursday broker round-up
22nd Oct 2015 10:20
(ShareCast News) - Centamin (di): Goldman Sachs starts new coverage with a buy, sets target price at 80.00p. Lonmin: JP Morgan Cazenove upgrades to overweight, raises target price to 35.00p. Pearson: JP Morgan Cazenove downgrades to neutral. Target price: 1080.00p. Hays: Credit Suisse upgrades to
Read moreBroker tips: Standard Chartered, Hays, IAG
12th Oct 2015 16:07
(ShareCast News) - Investec downgraded Standard Chartered to 'hold' from 'buy' with an unchanged target price of 820p. It said the latest leg of Standard Chartered's 26% eight-session surge appears to have been driven by market enthusiasm around media reports of plans to cut about 1,000 top staff.
Read moreMonday broker round-up
12th Oct 2015 14:37
(ShareCast News) - Kaz Minerals: Goldman Sachs downgrades to sell, cuts target price to 110.00p. Darty: Liberum Capital starts new coverage with a buy, sets target price at 100.00p. Avon Rubber: N+1 Singer downgrades to hold, raises target price to 1040.00p. Berendsen: RBC Capital Markets upgrades
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreBroker tips: Hays, Weir, Sports Direct
9th Oct 2015 13:21
(ShareCast News) - HSBC downgraded Hays to 'hold' from 'buy' and cut its price target to 140p from 200p. It said Hays' UK growth is slowing, as evidenced by the company's second-quarter trading update, and the bank's bull case was premised on accelerating growth and margin recovery. "Until we get f
Read moreHSBC downgrades Hays, points to slowing UK growth
9th Oct 2015 10:50
(ShareCast News) - HSBC downgraded Hays to 'hold' from 'buy' and cut its price target to 140p from 200p. It said Hays' UK growth is slowing, as evidenced by the company's second-quarter trading update, and the bank's bull case was premised on accelerating growth and margin recovery. "Until we get f
Read moreLondon close: Stocks rise after BoE and ECB meeting minutes
8th Oct 2015 16:22
(ShareCast News) - UK stocks gained after the Bank of England decided to keep interest rates unchanged and the European Central Bank suggested it might consider further stimulus. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as e
Read moreFTSE 250 movers: Dunelm rallies on strong sales; Hays tumbles on cautious outlook
8th Oct 2015 13:50
(ShareCast News) - London's FTSE 250 index was down 0.3% to 16,978.38 at 1430 BST, as investors digested news that the Bank of England has decided to stand pat on interest rates and the size of its asset purchase programme, as widely expected. Dunelm was on the front foot after the homeware retailer
Read moreLondon midday: Stocks rise as BoE votes to keep interest rates unchanged
8th Oct 2015 11:07
(ShareCast News) - London stocks recovered slightly from losses earlier on Thursday as the Bank of England decided to keep interest rates unchanged. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as expected by analysts. Ian McCaf
Read moreLondon open: Stocks fall ahead of BoE, ECB and Federal Reserve meeting minutes
8th Oct 2015 08:31
(ShareCast News) - The FTSE fell on Thursday morning on uncertainty ahead of policy details from the central banks of the UK, US and Europe. The Bank of England will at 1200 BST release its latest policy decision with analysts expecting no change to interest rates or the asset purchase programme. An
Read moreHays reports strong growth globally
8th Oct 2015 07:42
(ShareCast News) - Recruitment company Hays has reported a strong level of net fees growth in all its regions, but currency movements have had an impact on the results. The FTSE 250 company reported on Thursday total group growth of 8%, but fluctuations in foreign exchange left the company reporting
Read moreHays on track to meet medium-term profit targets after full-year figures
27th Aug 2015 08:25
(ShareCast News) - Staffing group Hays remained on course to meet its medium-term targets for profits and dividend cover despite the stiff currency headwinds encountered during the past financial year. Broad strength in sterling capped the rate of growth in the company´s turnover at 4% to reach 3.84
Read moreHays is standout loser on FTSE 100 after RBC downgrade
28th Jul 2015 10:40
(ShareCast News) - Hays was the standout loser on the FTSE 100 after RBC Capital Markets cut the stock to 'underperform' from 'sector perform', retaining its 160p price target. "We simply think that the stock has performed remarkably well, despite the fact that we believe consensus forecasts are hig
Read moreFriday share tips: Barclays, Hays
10th Jul 2015 18:35
(ShareCast News) - If Barclays wants to light a fire under its shares it needs to fix its capital position and repair its investment bank. The latter is the common denominator between outgoing chief Antony Jenkins and the ex-bosses at Credit Suisse, Deutsche Bank and Standard Chartered. The investme
Read moreFriday broker round-up
10th Jul 2015 14:03
(ShareCast News) - Anglo American: Citi upgrades to neutral. Ashmore: Jefferies reiterates buy but shaves target price to 373.5p, Cannacord reiterates hold. Aviva: Barclays reiterates neutral stance and nudges target to 637p from 632p, Berenberg keeps at sell. BaE Systems: Berenberg upgrades to bu
Read more