Wednesday broker round-up UPDATE
19th Mar 2014 09:00
Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreLondon open: Stocks trading lower ahead of busy day
19th Mar 2014 08:31
- Ukraine-Russia tensions running high - UK Budget in focus - FOMC meeting concludes later on - Antofagasta, HSBC hit by downgrades - Smiths Group warns of currency headwinds techMARK 2,810.68 +0.27% FTSE 100 6,591.09 -0.21% FTSE 250 16,348.73 -0.03% UK stock opened with small losses on Wednesday
Read moreBroker tips: HSBC, BSkyB, Weir, Perform, Gulf Keystone
14th Mar 2014 12:25
Berenberg has maintained its 'buy' rating on global banking group HSBC, saying that its transformation has gone unrewarded by the market. "We believe HSBC has transformed itself into a bank that is comparable to the one that outperformed its peers and the market between 1992 and 2003. This appears
Read moreLondon midday: Stocks extend losses ahead of Crimea referendum
14th Mar 2014 11:38
- Ukraine tensions rise ahead of Crimea vote - Analysts cut forecasts for China - Banking stocks mixed - US lifts ban on BP GoM contracts techMARK 2,765.64 -0.76% FTSE 100 6,529.08 -0.38% FTSE 250 16,062.45 -0.76% The FTSE 100 was registering losses for the sixth consecutive session as investors s
Read moreBerenberg highlights an 'unrewarded transformation' at HSBC
14th Mar 2014 09:30
Berenberg has maintained its 'buy' rating on global banking group HSBC, saying that its transformation has gone unrewarded by the market. "We believe HSBC has transformed itself into a bank that is comparable to the one that outperformed its peers and the market between 1992 and 2003. "This appea
Read moreLondon open: Stocks down for sixth day on Ukraine, China fears
14th Mar 2014 08:32
- Ukraine crisis steps up a gear - Analysts cut forecasts for China - US lifts ban on BP GoM contracts - Financials gain, miners fall techMARK 2,757.98 -1.04% FTSE 100 6,525.28 -0.43% FTSE 250 16,032.04 -0.95% UK stocks were suffering losses again on Friday, falling for the sixth straight day, as
Read moreUK banks to boost profits in 2014 but face more charges, says S&P
13th Mar 2014 16:56
The UK's biggest banks are set to increase their profits this year, but financial hits from reforms linked to past scandals are likely to keep coming, according to a rating agency. Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland are set to focus on improving returns and putting
Read moreLondon midday: Stocks near one-month low on China, Ukraine fears
12th Mar 2014 12:00
- Chinese concerns hammer copper prices - Ex-div stocks falls - Prudential gains, G4S slumps - Poundland, Pets at Home in focus techMARK 2,825.81 -0.90% FTSE 100 6,629.89 -0.83% FTSE 250 16,372.49 -0.66% Fears surrounding a slowdown in China and ongoing concerns about Ukraine weighed heavily on st
Read moreLondon open: Markets fall on China concerns, ex-div stocks weigh
12th Mar 2014 08:29
- Chinese concerns hammer copper prices - Ex-div stocks weigh on markets - Poundland, Pets at Home in focus - Prudential gains, G4S slumps techMARK 2,837.07 -0.51% FTSE 100 6,637.18 -0.72% FTSE 250 16,390.10 -0.55% UK stocks opened with heavy losses on Wednesday as ongoing concerns surrounding Chi
Read moreLondon midday: Stocks pare losses as investors await US non-farm payrolls
7th Mar 2014 11:43
- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Broker comments move stocks amid lack of earnings - Heavyweight miners fall techMARK 2,880.97 -0.22% FTSE 100 6,780.62 -0.12% FTSE 250 16,648.67 -0.14% UK markets had trimmed earlier losses by Friday
Read moreBroker tips: HSBC, Royal Mail, Aggreko, Aviva
7th Mar 2014 11:39
Goldman Sachs has removed HSBC from its 'conviction buy' list and reduced its profit forecasts following the bank's 2013 results last week. Goldman maintained a 'buy' recommendation for the stock, but lowered its target price to 740p from 900p. Analysts have cut their estimates for 2014 to 2017 on
Read moreFriday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreGoldman cuts forecasts for HSBC, removes from 'conviction buy' list
7th Mar 2014 09:14
Goldman Sachs has removed HSBC from its 'conviction buy' list and reduced its profit forecasts following the bank's 2013 results last week. Goldman maintained a 'buy' recommendation for the stock, but lowered its target price to 740p from 900p. HSBC said on February 24th that underlying profit bef
Read moreLondon open: Stocks slip as investors await US jobs data
7th Mar 2014 08:28
- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Lack of corporate earnings - HSBC, Vodafone fall on broker comments techMARK 2,873.63 -0.48% FTSE 100 6,766.04 -0.33% FTSE 250 16,620.60 -0.31% UK markets opened slightly lower on Friday morning ahead
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
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