Wednesday broker round-up UPDATE
28th May 2014 09:57
Accesso Technology Group: Numis initiates with a target price of 690p and a buy recommendation. Alternative Networks: Westhouse Securities upgrades from add to buy with a target price of 540p. Astra Zeneca: Deutsche Bank raises target price from 3800p to 3950p and keeps a hold recommendation. AVE
Read moreSunday newspaper round-up: Intercontinental Hotels, George Osborne, AstraZeneca
25th May 2014 09:42
Intercontinental Hotels has turned down a 6bn pounds takeover approach from an unnamed investment fund, the Sunday Times reported. The approach is said to have been made in the last three weeks but the board thought it was too low to consider. City sources think the group could now be a target for a
Read moreFTSE 250 movers: Go-Ahead soars on Thameslink win
23rd May 2014 14:33
A joint venture of bus and train operator Go-Ahead and a company part-owned by French state railway SNCF has won the battle to run the new Thameslink rail super-franchise in London and south-east England. The announcement was bad news for rival bidders FirstGroup, which already runs the Thameslink
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreFTSE 250 movers: Halfords pedals higher after strong Q4
22nd May 2014 15:03
Cycling and auto accessories retailer Halfords sped into the top spot after full-year profits accelerated past consensus forecasts thanks to a stonking fourth quarter from cycling as the group's investment programme began to deliver results. A 9.9% fourth quarter increase in retail sales and 4.3%
Read moreCase for buying Halfords is 'compelling' says Singer
22nd May 2014 13:58
Broker N+1 Singer says the investment case in Halfords 'remains compelling' after the bikes and car accessories retailer delivered impressive annual results. "Halfords has delivered a very solid full-year performance given the change underway within the business," wrote analyst Matthew McEachran,
Read moreHalfords overtakes expectations on the back of cycling
22nd May 2014 07:22
- PBT beat consensus, up 1.1 per cent - Q4 cycling up 42 per cent - Final dividend flat at 9.1p Full year profits from cycling and auto accessories retailer Halfords accelerated past consensus forecasts thanks to a stonking fourth quarter from cycling as the group's investment programme began to de
Read moreFTSE 250 movers: Numis lifts WS Atkins shares
12th May 2014 14:42
WS Atkins rose strongly after it was upgraded by Numis Securities to a 'buy' rating. Russian precious metals producer Polymetal also climbed after it said that the reserves and resources audit of Svetloye has estimated that the project can produce an average of 70,000 ounces (oz) of gold every yea
Read moreMonday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreFTSE 250 movers: Insurance companies lead the upside
17th Jan 2014 16:05
Insurance providers esure and Direct Line led today's risers on the second tier index after data showed that the decline in average premiums across the sector eased considerably at the end of 2013. As on the FTSE 100, miners extended yesterday's gains which came after Citigroup lifted its 12-month
Read moreLondon close: FTSE 100 flat near eight-month high, but miners surge
16th Jan 2014 17:07
- Markets pause for breath after recent highs - Mining stocks surge as Citi turns bullish - Aberdeen drops as AuM fall - Retailers AB Foods, Halfords, Dixons, Home Retail in focus techMARK 2,843.65 +0.10% FTSE 100 6,815.42 -0.07% FTSE 250 16,209.65 -0.51% UK markets finished largely flat on Thursd
Read moreFTSE 250 movers: Halfords races ahead after strong Q3
16th Jan 2014 15:12
Halfords raced to the top of the leaderboard today after it trounced third-quarter analyst forecasts with a period of rapid top-line growth, driven by mild weather and continued retail reinvigoration by Chief Executive Matt Davies. Polymetal International climbed following an upgrade from UBS AG t
Read moreLondon midday: Mining strength buoys FTSE after mixed retail updates
16th Jan 2014 11:30
- Retail updates come in mixed - Citi turns bullish on mining sector - Markets flat after recent highs techMARK 2,836.75 -0.14% FTSE 100 6,823.76 +0.06% FTSE 250 16,237.17 -0.34% UK markets paused for breath on Thursday morning after hitting their highest level in eight months the previous session
Read moreLondon open: Stocks pause at eight-month high after mixed updates
16th Jan 2014 08:30
- Aberdeen drops as AuM fall three per cent - Retailers mixed as companies report festive sales - Mining stocks broadly higher, BHP Billiton upgraded techMARK 2,841.00 +0.01% FTSE 100 6,821.68 +0.03% FTSE 250 16,275.67 -0.11% Mixed corporate results weighed on UK markets on Thursday morning, as th
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