Sunday share tips: TalkTalk, Fyffes, Halfords
10th Nov 2013 16:28
TalkTalk's focus on the cheap end of the pay-TV market is a winning formula, the Sunday Times's Danny Fortson wrote in his Inside the City column. When it reports half-year results on November 12th analysts will be looking out for how its new ultra-budget Essentials package has performed. Barclays e
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreLondon close: Stocks fall as Fed speculation overshadows ECB euphoria
7th Nov 2013 16:31
- ECB cuts main policy rate - US GDP picked up in Q3, eyes turn to jobs data - Randgold jumps after Q3 results techMARK 2,643.07 -0.40% FTSE 100 6,697.22 -0.66% FTSE 250 15,389.52 -0.09% As the initial euphoria following a rate cut in Europe faded, UK stocks swung sharply into the red on Thursday
Read moreFTSE 250 movers: Halfords charges higher on strong H1
7th Nov 2013 15:39
Car- and bike-parts retailer Halfords saw its shares rocket after delivering an impressive first half. The group posted profit before tax in the first six months of the year rose 6.4% to £44.6m, well ahead of the £38.9m forecast by analysts. Adding to the gains, Investec reiterated its 'buy' ratin
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreLondon midday: Stocks lower as MPC holds rates, investors await ECB
7th Nov 2013 11:17
- MPC votes to maintain rates, QE - ECB meeting in focus, rate cut eyed - US GDP, jobless claims on tap this afternoon techMARK 2,649.04 -0.17% FTSE 100 6,725.81 -0.24% FTSE 250 15,423.36 +0.13% UK stocks were trading in the red on Thursday morning as investors adopted a cautious approach ahead of
Read moreBroker tips: Schroders, Morrisons, Halfords
7th Nov 2013 11:07
Panmure Gordon has maintained its 'hold' recommendation for fund manager Schroders, saying that the stock's valuation is full after its third-quarter results. The broker said that the shares have flat-lined on a relative basis and look "fully valued" against his 2014 price target of 2,740p. "The sh
Read moreBroker snap: Investec ups forecasts for Halfords after H1 beat
7th Nov 2013 09:32
Investec has reiterated its 'buy' rating for car- and bike-parts retailer Halfords and upgraded its forecasts after first-half profits came in 'materially ahead of consensus'. Profit before tax (PBT) in the first six months of the year rose 6.4% to £44.6m, well ahead of the £38.9m forecast by analy
Read moreLondon open: Stocks fall as caution sets in ahead of ECB, US data
7th Nov 2013 08:20
- Investors scale back positions ahead of 'risk events' - MPC, ECB meetings in focus - US GDP, jobless claims on tap this afternoon techMARK 2,650.85 -0.10% FTSE 100 6,725.30 -0.24% FTSE 250 15,397.87 -0.04% UK stocks opened slightly lower on Thursday morning as caution set in ahead of a busy end
Read moreHalfords beats H1 expectations despite autocentres handbrake
7th Nov 2013 07:53
- H1 sales ahead of expectation - Q2 growth slows from fast Q1 - Autocentres decline in Q2 Halfords beat analyst expectations for the first half, despite a marked second-quarter deceleration in car servicing centre revenue. Total group revenues for the 26 weeks to September 27th increased 7.7% £4
Read moreWednesday broker round-up UPDATE
9th Oct 2013 07:57
Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin
Read moreSector movers: Carpetright drags retailers lower after profit warning, CEO exit
4th Oct 2013 14:58
A surprise profit warning and Chief Executive Officer (CEO) exit at Carpetright send the FTSE 250 plunging on Friday afternoon, dragging the general retail sector lower in London. Carpetright announced the departure of CEO Darren Shapland as it warned falling sales meant full-year profits would be
Read moreFriday broker round-up UPDATE
20th Sep 2013 08:06
African Minerals: Investec reduces target price from 393p to 246p, while its buy recommendation remains unchanged. Ashmore Group: Berenberg cuts target price from 500p to 470p and retains a buy recommendation. ASOS: Deutsche Bank raises target price from 4450p to 4800p and reiterates a hold recomm
Read moreHalfords completes debt refinancing
12th Sep 2013 09:43
Automotive and bicycling retailer Halfords has completed the promised refinancing of its debt facilities. Halfords said it had secured a new smaller revolving credit facility of £200m, which will mature in November 2017. The previous facility was due to expire on November 2014, and the last annu
Read moreTuesday broker round-up UPDATE
27th Aug 2013 09:14
Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.
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