Tuesday 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 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 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 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
Read moreSABMiller Marketing Director trades in shares
15th Jan 2013 16:53
Nick Fell, the Marketing Director of SABMiller, has sold 12,400 shares, it was announced Tuesday. The transaction, which took place last week, saw Fell trade in the shares at 2,886.82p per share, pocketing a total of £357,966 before tax. At the end of November the company reported that it had bee
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreHilton Food enters into joint venture with Woolworths
10th Jan 2013 10:31
Specialist meat packing business Hilton Food has signed a joint venture agreement with Australia's largest retailer, Woolworths. The deal has been established through a new company Woolworths Meat Co Pty, which is 50% owned by a new Hilton subsidiary, Hilton Foods Asia Pacific and 50% owned by Wool
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
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