Wednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
Read moreThursday broker round-up UPDATE
17th Jan 2013 07:19
African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an
Read moreHalma acquires MicroSurgical Technology for 59m dollars
19th Dec 2012 07:47
Health and environmental technology group Halma has acquired MicroSurgical Technology (MST) for approximately 59m dollars. The transaction comprised an initial cash consideration is $57.0m (£35.2m) for the share capital plus $2.0m (£1.2m) for cash retained in the business. The combined consideratio
Read moreTuesday broker round-up UPDATE
27th Nov 2012 07:19
Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3
Read moreLondon pre-open: FTSE to open lower on Greek bail-out delays
21st Nov 2012 07:33
City sources predict the FTSE 100 will open down 19 points from yesterday's close of 5,748, after Eurozone finance ministers were last night unable to thrash out an agreement on how to finance a two-year extension in Greece's commitments. While some of the country's lenders - such as Germany, the
Read moreWednesday broker round-up UPDATE
21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
Read moreWednesday tips round-up: Homeserve, Halma and Lamprell
21st Nov 2012 06:43
Tempus in The Times says that reading the news headlines and you might have expected Homeserve to have ceased to exist as a viable business. The provider of domestic cover for broken boilers, blocked drains and burst pipes, which was forced to suspend sales and marketing cold-calling last autumn, wa
Read moreLondon open: Stocks slip as France downgraded
20th Nov 2012 08:45
With another European nation losing its prized 'AAA' rating last night, UK stocks edged into negative territory on Tuesday morning as Eurozone concerns came back into focus ahead of an extraordinary Eurogroup meeting on Greece. Investors are losing options to safeguard their funds in the highest in
Read moreHalma boosts divi by seven per cent
20th Nov 2012 07:58
Safety, health and environmental technology group Halma delivered a six per cent rise in both revenue and profit, prompting the company to increase its interim dividend payment from 3.79p to 4.06p per share. Revenue for the 26 weeks ended September 29th totalled £298.1m compared to £280.0m in the 2
Read moreFriday broker round-up -UPDATE
16th Nov 2012 07:22
Anglo American: Deutsche Bank cuts target price from 2600p to 2520p and reiterates a buy rating. Atkins: JP Morgan Cazenove reduces target price from 862p to 859p, overweight rating maintained. Bodycote: Investec raises target price from 400p to 410p, buy recommendation remains unchanged. Brammer
Read moreMonday broker round-up
10th Sep 2012 09:13
Barclays: UBS raises target from 205p to 235p, buy rating unchanged. Chariot Oil & Gas: Peel Hunt downgrades to sell, target cut from 150p to 40p; Merchant Securities downgrades to sell, target cut from 232p to 29p. Debenhams: Seymour Pierce raises target from 80p to 100p, hold rating kept. Euras
Read moreHalma sells sub-sea Tritech business
23rd Aug 2012 07:47
Safety, health and environmental technology group Halma has completed the sale of its asset monitoring business Tritech Holdings to Moog Components Group. Moog purchased Tritech for a cash consideration of £21.0m, of which £2.1m was retained in escrow and will be released to Halma if no valid warra
Read moreWednesday broker round-up
25th Jul 2012 10:13
3i Group: Investec initiates with buy rating and 236p target. APR Energy: UBS cuts target from 690p to 590p, sell rating unchanged. British American Tobacco: Jefferies keeps buy rating and 3,730p target. British Land: Jefferies keeps buy rating and 552p target. BT Group: Jefferies maintains buy
Read moreHalma grows organically despite slow European markets
24th Jul 2012 10:43
Geoff Unwin, Chairman of Halma, is set to tell shareholders at the group's 118th annual general meeting that the new financial year has got off to a steady start, despite Europe proving a drag on top line growth. The safety, health and environmental technology group saw revenue in the April to June
Read moreWednesday broker round-up
27th Jun 2012 09:20
Alliance Pharma: Investec downgrades from buy to hold, target slashed from 34p to 25p. APR Energy: Credit Suisse keeps outperform rating and 1,300p target. Aviva: Jefferies downgrades from buy to hold, target cut from 386p to 281p. Avanti Comms: Jefferies retains buy rating and 600p target. Brit
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