Friday broker round-up UPDATE
11th Oct 2013 08:51
Barratt Developments: Deutsche Bank moves target price from 365p to 391p reiterating its buy recommendation. Bovis Homes Group: Deutsche Bank raises target price from 901p to 1001p and keeps a buy recommendation. Croda International: Liberum Capital downgrades to hold with a target price of 2480p.
Read moreFriday tips round-up: Melrose Industries, Land Securities, Hays
11th Oct 2013 07:18
Private equity giant Kohlberg Kravis Roberts (KKR) has its work cut out for it following the purchase of the US-based Crosby businesses from Melrose Industries. After all, it has paid 1bn pounds - or 10 times earnings before interest, tax, depreciation and amortisation - from what amounts to another
Read moreHays beats expectations in first quarter as Europe and UK shine
10th Oct 2013 07:27
Like-for-like net fee income increased ahead of expectations in the first quarter for FTSE 250 recruiter Hays, as market conditions begin to improve. Net fees grew 2% in the three months to September 30th on a like-for-like basis, with the temporary worker segment leading the way. Chief Executive
Read moreWednesday broker round-up UPDATE
2nd Oct 2013 08:02
Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold. Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating. Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation. Barclays: Soc
Read morePZ Cussons Chairman raises stake above 54,000
30th Sep 2013 16:34
The Chairman of consumer products company PZ Cussons has acquired just over 3,000 shares, increasing his stake above 54,000. Richard Harvey purchased the shares at 411p a piece for a total spend of £12,371, just a few days after the company said its results for the last quarter were in line with ex
Read moreMonday broker round-up UPDATE
30th Sep 2013 08:23
African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreSainsbury Group Development Director adds 6,000 shares to stake
10th Sep 2013 16:27
Luke Jensen, the Group Development Director of Sainsbury, purchased 5,944 shares for him and his wife. The transaction was split into 2,971 shares for himself, bought at 3,974p a time, and 2,973 shares for his wife, bought at 3,972p. Jensen, who joined Sainsbury and the operating board in June 2
Read moreFriday broker round-up UPDATE
30th Aug 2013 09:27
Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw
Read moreHays UK arm back in profit as client confidence improves
29th Aug 2013 08:31
Recruitment firm Hays has driven its UK business back to an annual profit after cutting costs and returning to net fee growth in the second half. It said it was seeing early indications of recovery in the UK and Ireland, particularly in terms of improved client confidence. However, difficult condi
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
Read moreLondon midday: Bernanke comments drive gains on FTSE 100
11th Jul 2013 11:35
A strong performance in the mining sector ensured that the FTSE 100 was trading firmly in positive territory on Thursday after dovish comments from Federal Reserve Chairman Ben Bernanke sparked gains in commodity prices. "After June's sell-off in risk assets was attributed to seemingly hawkish comm
Read moreLondon pre-open: Strong start expected after dovish comments from Bernanke
11th Jul 2013 07:34
The UK benchmark index is expected to open with gains of over one per cent in early trading on Thursday as markets react to dovish comments from Federal Reserve Chairman Ben Bernanke. City sources predict the FTSE 100 will open up 89 points from yesterday's close of 6,505. Minutes of the June Fed
Read moreHays fourth quarter net fees increase three per cent
11th Jul 2013 07:19
Recruitment firm Hays reported an increase in final quarter net fees, and while it expects fragile and mixed conditions to continue, it is confident full year operating profit will be at the top of the current range of market estimates. Total net fees for the final quarter rose 3% and on a like-for
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