Thursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
Read moreHilton Food posts 9.1 per cent revenue rise
27th Mar 2014 08:55
- Full-year earnings rise - Upbeat about Tesco supply agreement, joint ventures - Making good progress on its growth strategy Meat packing firm Hilton Food Group reported a healthy increase in annual revenue, following good demand, higher meat prices and favourable currency movements and underlined
Read moreFriday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreEntertainment One exec sells 1.8m pounds of shares
9th Dec 2013 16:18
Patrice Theroux, President of the Film division of Entertainment One has sold nearly 1.8m pounds-worth of shares in the company via two separate transactions, it announced on Monday. Theroux disposed of 665,462 at a price of 240.1p on December 5th and offloaded a further 75,000 at 240p the followin
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreTuesday tips round-up: Hilton Food, Menzies, Andor Technology
3rd Dec 2013 07:12
Things are looking good for Hilton Food Group, but after the shares' advance year-to-date the company's stock seems to have gone high enough for now. On Monday Hilton announced its intention to invest an estimated 20m pounds at its Huntingdon plant to supply Tesco with packed meat. The agreement, wh
Read moreMonday broker round-up UPDATE
2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
Read moreHilton Foods boosts meat supplies to Tesco
2nd Dec 2013 07:21
Meatpacker Hilton Food said it has signed a new agreement with Tesco for the increased supply of packed fresh meat products in the UK from its facility near Huntingdon. "The agreement means a substantial increase in volumes supplied to Tesco from the Huntingdon facility, the full benefit of which w
Read moreLondon pre-open: FTSE to move lower ahead of data releases
2nd Dec 2013 07:21
- FTSE to drop 13 points - Chinese PMI beats expectations at 50.8 - UK Manufacturing PMI due out later City sources predict the FTSE 100 will open around 13 points lower than Friday's close of 6,650.57, ahead of a several important economic data releases due out today and as markets get back on tra
Read moreN Brown Group non-exec takes stake in company after share price falls
10th Oct 2013 16:35
Simon Patterson, Non-Executive Director of N Brown Group, has taken advantage of the recent decline in its share price to acquire 10,000 shares in the online and catalogue retailer. Patterson bought the shares, his only holding in the company, at 463.54p for a total spend of £46,354. The previous
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreHilton Foods battles horsemeat and high prices for small profit
10th Sep 2013 08:30
The horsemeat scandal in the UK and higher prices of meat generally meant Hilton Foods had to fight hard for a slight increase in interim profits. Even after £0.5m of start-up costs from a new joint venture in Australia, the meat packing group posted a 4% gain in post-tax profits to £10m in the 28
Read moreTuesday broker round-up UPDATE
10th Sep 2013 08:17
African Barrick Gold: Investec shifts target price from 135p to 137p, while downgrading from hold to sell. Aquarius Platinum: JP Morgan moves target price from 39p to 49p, while downgrading from neutral to underweight. Citi lowers target price from 66p to 54p and downgrades from buy to neutral. As
Read moreCurrency movements bolster Hilton Food
18th Jul 2013 07:49
Meat packing business Hilton Food said it has performed in line with company expectations during the 28 weeks ended July 14th and it also benefited from positive foreign exchange movements. "We have continued to benefit from our geographical diversity and new product lines to grow the business agai
Read moreTuesday broker round-up UPDATE
5th Mar 2013 07:15
Abcam: Investec raises target price from 466p to 484p and keeps a buy recommendation. Numis revises target price from 470p to 530p and maintains its buy ratng. Access Intelligence: Merchant Securities initiates with a target price of 7p and a buy recommendation. Amlin: Canaccord Genuity raises tar
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