Wednesday broker round-up UPDATE
25th Sep 2013 09:46
Amec: JP Morgan reduces target price from 1301p to 1243p and stays with its neutral rating. Amlin: UBS ups target price from 400p to 450p upgrading from neutral to buy. BAE Systems: UBS takes target price from 450p to 490p and maintains a buy recommendation. BHP Billiton: Alphavalue shifts target
Read moreLondon close: Stocks hit by Bullard comments as post-Fed rally fades
20th Sep 2013 16:39
The exuberant post-Fed mood quickly faded on Friday with comments from one US policymaker dampening stocks before the close of trade. Risk appetite was also scaled back as caution set in ahead of the German elections at the weekend with the outcome still highly uncertain. The FTSE 100 finished 28.
Read moreLondon midday: Stocks pause ahead of German elections
20th Sep 2013 11:36
Stocks were trading broadly flat by Friday lunchtime as markets paused for breath in the aftermath of the Federal Reserve's surprise decision not to taper quantitative easing, though upside was limited ahead of the German elections this weekend. After a weak start, the FTSE 100 was more or less unc
Read moreFriday broker round-up UPDATE
20th Sep 2013 08:06
African Minerals: Investec reduces target price from 393p to 246p, while its buy recommendation remains unchanged. Ashmore Group: Berenberg cuts target price from 500p to 470p and retains a buy recommendation. ASOS: Deutsche Bank raises target price from 4450p to 4800p and reiterates a hold recomm
Read moreFTSE 250 movers: Computacenter rises on contract win
9th Sep 2013 18:09
Computacenter was a high riser after beating off competition for a Foreign & Commonwealth Office (FCO) contract. The group said the deal carries a value of between £65m and £350m over a period of six years. CSR, which provides multifunction connectivity, audio and location platforms, was another
Read moreLondon close: BG Group drags FTSE 100 lower, Syria concerns weigh
9th Sep 2013 17:44
The FTSE 100 dropped into the red on Monday, pulling back after hitting a three-week high the previous session, as heavy falls from natural gas giant BG Group and ongoing concerns about Syria pressured stocks lower. London's benchmark index finished 16.59 points lower at 6,530.74, falling 0.25% fro
Read moreFTSE 250 movers: ICAP leaps on Morgan Stanley comments
5th Sep 2013 15:53
Shares in broker ICAP leapt after comments from Morgan Stanley, which predicted the company is set to benefit from growing revenues and improved cost savings, and upgraded their rating on the stock to "overweight" from "underweight". Electronics specialist Dixons Retail was a strong riser on news
Read moreThursday broker round-up UPDATE
5th Sep 2013 08:03
AMEC: Nomura reduces target price from 1300p to 1230p, while reiterating its buy recommendation. Antofagasta: Exane cuts target price from 1200p to 1100p maintaining an outperform rating. Ashtead Group: JP Morgan shifts target price from 729p to 734p and keeps a neutral rating. Associated British
Read moreThursday broker round-up UPDATE
11th Jul 2013 08:23
Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreWednesday broker round-up UPDATE
10th Jul 2013 08:59
Anglo American: Goldman Sachs reduces target price from 1400p to 1100p and retains a sell recommendation. Antofagasta: Goldman Sachs takes target price from 935p to 810p reiterating its neutral rating. Babcock: JP Morgan increases target price from 1230p to 1380p and retains an overweight rating.
Read moreLondon pre-open: Markets seen lower after Italian downgrade
10th Jul 2013 07:43
Markets are expected to open slightly lower on Wednesday, pausing for breath after recent gains as investors react to an Italian downgrade by S&P. City sources predict the FTSE 100 will open down around 14 points from yesterday's close of 6,513. Ratings agency S&P has cut its sovereign rating for
Read moreICAP says trading is on track -UPDATE
10th Jul 2013 07:20
ICAP said it was on track to meet management expectations for full-year profit after activity in US Treasuries helped offset lower demand in other parts of its business. In a trading update, the world's biggest interdealer broker said the first quarter of its financial year was "encouraging". It ad
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreFTSE 250 movers: Afren, Kazakhmys, ICAP, Hochschild Mining
26th Jun 2013 14:20
Afren's shares surged as the UK oil explorer said it discovered a better-than-expected oil section at an exploration well offshore Nigeria. The Ogo-1 exploration well on the OPL 310 licence revealed a "significant light oil accumulation", encountering a hydrocarbon section of 524ft with 216ft of net
Read moreLondon midday: FTSE 100 up one per cent as sentiment improves
26th Jun 2013 11:21
Strong US data out yesterday, improving consumer confidence in Germany and measures by the Chinese central bank to ease a credit squeeze, all combined to give markets a boost on Wednesday with London's FTSE 100 jumping one per cent by midday. Nevertheless, mining stocks were under pressure in morni
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