London 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
Read moreHalma defies the gloom with double digit growth
14th Jun 2012 07:30
Technology group Halma kept its impressive record of growth intact as it reported profits were again in double digits. Full year profits were up 15% to £120.5m on revenue that rose 12% to £579.9m. Earnings per share were up 19% to 24.46p, all of which put it in line with expectations. The health
Read moreThursday preview: Halma, Carphone Warehouse
13th Jun 2012 18:01
Safety, health and sensor technology group Halma is one of those steady-Eddie companies that rarely makes waves. Thursday's full year results should see the company continue its impressive record of consistent double-digit percentage growth. The consensus market forecast is for earnings per share
Read moreHalma acquires medical technology firm
31st May 2012 12:03
Safety, health and sensor technology group Halma has acquired SunTech Medical Group, which supplies clinical grade non-invasive blood pressure monitoring products and technologies. The company was purchased for an initial consideration of $46m (£29.7m) for the share capital alongside $5.0m (£3.2m)
Read moreWednesday broker round-up - UPDATE
2nd May 2012 08:37
BP: Jefferies cuts target from 550p to 525p, buy rating kept. British Sky Broadcasting: Jefferies reiterates hold rating and 700p target; Nomura maintains buy rating and 1,000p target. CSR: UBS upgrades from neutral to buy, target lifted from 290p to 310p. Halma: Barclays Capital downgrades from
Read moreThursday broker round-up
16th Feb 2012 09:36
Anglo American: AlphaValue upgrades to buy from add and raises its price target to 3,331.4p from 3,340.2p; Nomura resumes coverage with neutral rating and 3,300p target. Kingfisher: Panmure Gordon maintains buy rating and 350p target. Reed Elsevier: Peel Hunt keeps hold rating and 556p target; Pan
Read moreHalma on target, helped by acquisitions
16th Feb 2012 07:12
Sensor maker Halma said it expects full year profit before amortisation of acquired intangibles and acquisition costs to be in line with market expectations as its health and analysis sector put in a stellar performance. Halma, which makes handheld devices used to assess eye health and diagnose dis
Read moreWednesday broker round-up - UPDATE
23rd Nov 2011 09:22
Compass: Seymour Pierce reiterates buy rating and 650p target. Compass: Investec maintains buy and 630p target. Compass: Evolution Securities keeps buy rating and 640p target. Meggitt: UBS downgrades from neutral to sell, target cut from 340p to 330p. SABMiller: Investec upgrades from hold to bu
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