Bodycote CEO reduces stake by 200,000 shares
22nd May 2013 16:19
Stephen Harris, the Chief Executive Officer of Bodycote, has reduced his stake in the in the heat treatment company with the sale of 200,000 shares. Each of the shares were sold at 546.50p for a total trade value of £1.09m. The transaction comes just under a month after the group posted a four pe
Read moreWednesday broker round-up UPDATE
17th Apr 2013 07:20
African Barrick Gold: Deutsche Bank cuts target price from 230p to 173p, while its hold recommendation is reiterated. Ashmore Group: Morgan Stanley raises target price from 395p to 444p and maintains an equal-weight rating. Ashtead Group: Jefferies increases target price from 615p to 690o and reit
Read moreMonday broker round-up UPDATE
15th Apr 2013 09:50
African Barrick Gold: Citigroup cuts target price from 267p to 175p and keeps its sell recommendation. African Minerals: Goldman Sachs lowers target price from 420p to 410p keeping a buy recommendation. Citigroup moves target price from 440p to 430p and retains a buy recommendation. Anglo American
Read moreFriday tips round-up: Ashmore Group, PZ Cussons, Hays
12th Apr 2013 15:47
Emerging-market focused fund manager Ashmore Group startled the market yesterday when it released its latest figures for its funds under management (FuM) in the first quarter. These raced past analysts' expectations, rising by a net $6.7bn, on the back of strong inflows from sovereign wealth funds,
Read moreFriday broker round-up UPDATE
12th Apr 2013 07:25
Aggreko: Panmure Gordon raises target price fro, 1727p to 2106p and upgrades from hold to buy. Alternative Networks: Westhouse Securities moves target price from 280p to 295p and reiterates a neutral rating. Investec raises target price from 330p to 350p maintaining a buy recommendation. Finncap in
Read moreFTSE 250 movers: Ashmore rises on strong Q3
11th Apr 2013 15:51
Ashmore was a high riser after reporting that assets under management (AuM) increased by 9.4 per cent in the third quarter as it attracted funds from government clients. The news also gave sector peer Man Group a lift. Recruitment company Hays was also higher after it said it expects full-year op
Read moreLondon pre-open: Slow start expected despite record gains in US
11th Apr 2013 07:28
City sources predict the FTSE 100 will open down seven points from yesterday's close of 6,387, despite record gains seen in the US overnight. However, expectations amongst traders were that this breather would be temporary, with risk appetite building as the positive vibe in the US fed across the
Read moreHays sees full year at top end of estimates
11th Apr 2013 07:18
Recruitment company Hays revealed a decline in quarterly net fees, amid challenging market conditions, and while it expects conditions to remain fragile, it still expects full-year operating profit to be at the top of the current range of market estimates. Total net fees for the quarter ended Marc
Read moreTuesday tips round-up: Hays, Gemfields, Polymetal
9th Apr 2013 08:51
In the price or further to go? That is the classic question asked of any stock and which investors are now asking of the country's main recruiting firms as they gear up for their first quarter earnings results, due out this week. These will be particularly important given the inherent lack of forwar
Read moreFTSE 250 movers: Premier Oil makes strong gains
8th Apr 2013 15:41
Premier Oil was also making gains after saying that an exploration well on the Luno II prospect in PL 359 (30% owned) had found a "potential significant discovery". Hays got a boost after JP Morgan shifted its target price from 83.40p to 88p, retaining a neutral rating. Communications technology
Read moreMonday broker round-up UPDATE
8th Apr 2013 07:21
Aberdeen Asset Management: Jefferies takes target price from 400p to 420p maintaining a hold recommendation. Admiral Group: Credit Suisse increases target price from 1320p to 1351p keeping a neutral rating. Antofagasta: Investec moves target price from 958p to 934p keeping a sell recommendation.
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
Read moreThursday broker round-up UPDATE
4th Apr 2013 07:32
Aviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreMonday broker round-up UPDATE
25th Mar 2013 07:12
Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read moreTuesday broker round-up UPDATE
19th Mar 2013 07:21
Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill
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