Monday broker round-up UPDATE
20th May 2013 08:32
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read moreWednesday broker round-up UPDATE
8th May 2013 09:08
Altitude Group: WH Ireland initiates with a target price of 50p and a buy recommendation. Betfair Group: Deutsche Bank increases target price from 725p to 884p, while staying with its hold recommendation. Nomura raises target price from 766p to 883p and reiterates a neutral rating. Exane BNP ups ta
Read moreHiscox unveils rise in gross written premiums
7th May 2013 09:12
Business and home insurer Hiscox posted a 12.3 per cent rise in gross written premiums to 506.1m pounds in the first quarter driven by local errors and omissions and internationally traded property insurance and reinsurance. Its US division experienced the biggest growth in gross written premiums,
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
Read moreThursday broker round-up UPDATE
4th Apr 2013 07:32
Aviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreLondon close: Markets surge as M&A activity lifts sentiment
2nd Apr 2013 16:40
UK stocks surged on Tuesday, starting the week strongly after the four-day Easter weekend, as increased M&A activity and a strong reading of US factory orders lifted sentiment. Telecoms giant Vodafone was among the risers on London's benchmark index on the back of speculation that it could be the t
Read moreFTSE 250 movers: FirstGroup lifted by Bank of America note
2nd Apr 2013 15:57
Travel company FirstGroup rocketed higher after Bank of America Merrill Lynch issued a bullish note on the stock. Inter-dealer broker ICAP was on the rebound after a recent profit warning. Giving it a boost was the news that Nasdaq is set to purchase eSpeed, which Shore Capital pointed out has a si
Read moreTuesday broker round-up UPDATE
12th Mar 2013 07:19
Abcam:Investec shifts target price from 484p to 487p and keeps a buy recommendation. Admiral Group: UBS ups target price from 1200p to 1275p and reiterates a neutral rating. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite: Numis reduce
Read moreMonday broker round-up UPDATE
11th Mar 2013 07:23
Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc
Read more3i Chief adds 2.5m shares to stake
27th Feb 2013 16:12
Simon Borrows, the Chief Executive of 3i Group, the international investor focused on mid-market private equity, this week bought 2.5m 3i shares in three tranches. The three tranches consisted of 550,000 shares purchased at 308.22p, 374,809 at 312.38p, and 1.6m at 305.84p. Altogether the purchases
Read moreWednesday broker round-up UPDATE
27th Feb 2013 08:11
: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar
Read moreInsurer Hiscox rewards shareholders after stellar 2012
26th Feb 2013 09:37
Specialist insurer Hiscox outlined details on Tuesday of its proposed special dividend of 38.0p per share and share consolidation - a day after reporting a rise in annual profits. The Bermuda-based firm, which insures fine art, property, vintage cars and the assets of individuals, will reward share
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreTuesday tips round-up: Bunzl, Persimmon, Hiscox
26th Feb 2013 06:54
Glamorous it ain't. Supplying loo roll, tea bags and plastic cutlery to workplaces worldwide may not set the investor pulse racing, but it's proved very lucrative for Bunzl in recent years. Organic growth has been tortoise-like in recent years, typically growing by around a percentage point more tha
Read moreLondon close: Markets volatile after mixed news on Italian election
25th Feb 2013 17:11
The FTSE 100 saw a volatile end to the trading session on Monday as a number of conflicting news reports emerged from the Italian exit polls. Milan's FTSE MIB index gained as much as 4.0% earlier in the day after it was rumoured that centre-left Pier Luigi Bersani could win a majority in both the l
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