FTSE 250 movers: Miners and oil companies trading higher, Halma hit by downgrade
9th Feb 2015 13:51
Halma took its biggest one day fall since May 2010, as JP Morgan downgraded the stock from 'neutral' to 'underweight'. Man Group was among the fallers despite an increased price objective from analysts at Liberum Capital, from 145p to 213p. Polymetal International and Kaz Minerals were putting in d
Read moreHalma boss appointed to Capita board
23rd Dec 2014 07:26
Outsourcing company Capita has appointed Halma's boss Andrew Williams to its board as an independent non-executive director. Williams, who has been the chief executive of safety, health and environmental technologies group Halma since February 2005, will join the FTSE 100 company on 1 January 2015.
Read moreTuesday broker round-up
18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read moreHalma raises dividend 7% as first half profits rise
18th Nov 2014 07:59
Halma reported a 6% rise in first half pre-tax profit to £69m, driven by a strong performance in the US and growth in its process safety, infrastructure safety and medical divisions. The safety, health and environmental technology group said revenue increased 2% to £340.9m, offset by advert currency
Read moreMonday broker round-up UPDATE
13th Oct 2014 09:32
Amino Technologies: Northland Capital upgrades to buy with a target price of 100p. Anglo American: Canaccord Genuity initiates with a target price of 1720p and a buy recommendation. Credit Suisse upgrades to outperform with a target price of 1800p. Associated British Foods: Societe Generale upgrade
Read moreThursday broker round-up UPDATE
2nd Oct 2014 10:11
BAE Systems: Investec downgrades from hold to sell with a target price of 430p. British Sky Broadcasting: Credit Suisse ups target price from 600p to 630p and reiterates an underperform rating. Cobham: Investec lowers target price from 290p to 280p and stays with its reduce rating. Consort Medical
Read moreFTSE 250 movers: Howden Joinery rises on strong first half
24th Jul 2014 15:26
First-half results from Howden Joinery received a warm welcome from the market as the kitchen and joinery products group delivered a decent jump in interim profits and reported a strong start to the second half. Howden-branded UK depots generated revenue of £428.2m in the first half, up 11.6%, helpe
Read moreHalma revenues lifted by safety divisions
24th Jul 2014 11:36
Despite a mixed performance across its divisions and regions, health and safety group Halma reported organic revenue growth momentum continued into the first quarter of its new financial year. The FTSE 250 group achieved order intake at 103% of revenue, which, together with the three acquisitions c
Read moreThursday broker round-up UPDATE
24th Jul 2014 08:59
Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight. Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation. Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy. ARM
Read moreMonday broker round-up UPDATE
16th Jun 2014 09:51
Allocate Software: N+1 Singer upgrades to buy with a target price of 133p. Croda International: Numis cuts target price from 2575p to 2554p and maintains its hold recommendation. Diamondcorp: Northland Capital shifts target price from 9.9p to 11p and keeps a buy recommendation. Fenner: Credit Su
Read moreLondon midday: Stocks erase losses as media strength outweighs miners
12th Jun 2014 11:27
- Media stocks lead the rebound, ITV jumps - Mining stocks fall, Anglo downgraded - Eurozone industrial data beats forecasts - Iraq tensions keep risk appetite subdued techMARK 2,845.86 +0.18% FTSE 100 6,841.76 +0.04% FTSE 250 16,111.37 +0.15% A late-morning bounce pushed UK stocks into positive t
Read moreTuesday broker round-up UPDATE
12th Jun 2014 08:50
Afren: Oriel downgrades from buy to hold with a target price of 145p. Aggreko: RBC Capital downgrades to neutral with a target price of 1700p. Betfair Group: Morgan Stanley raises target price from 1150p to 1260p and keeps an overweight rating. BG Group: Nomura downgrades to neutral with a target
Read moreLondon open: Mining stocks pull FTSE 100 lower ahead of data
12th Jun 2014 08:25
- Profit taking continues as miners fall - Traders await global economic data - Broker downgrades hit blue chips techMARK 2,839.63 -0.04% FTSE 100 6,827.09 -0.17% FTSE 250 16,073.58 -0.09% UK stocks opened flat on Thursday morning as weakness in the mining sector held back any chances of a rebound
Read moreHalma achieves record annual revenue
12th Jun 2014 07:22
- Revenue rises 9% - Pre-tax profit up 9% - Dividend raised 7% Halma reported record annual revenue as the safety, health and environmental technology group achieved growth across all its sectors. Adjusted pre-tax profit climbed 9% to £140.2m in the year ended March 29th 2014, and revenue rose 9%
Read moreTuesday broker round-up UPDATE
3rd Jun 2014 08:31
Anglo American: Goldman Sachs reduces target price from 1240p to 1180p and keeps its sell recommendation. Balfour Beatty: UBS shifts target price from 225p to 230p maintaining its neutral rating. Barr (AG): N+1 Singer moves target price from 667p to 678p retaining its hold recommendation. Beazley
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