Thursday broker round-up
28th Jun 2012 10:24
3i Group: Citigroup upgrades to buy, target lifted from 215p to 220p. Abcam: Investec upgrades to buy, target lifted from 349p to 466p; Peel Hunt raises target from 440p to 480p, buy rating unchanged. bwin.party: UBS cuts target from 165p to 125p, neutral rating unchanged. Cookson: UBS cuts targe
Read moreTuesday broker round-up
26th Jun 2012 09:38
Advanced Medical Solutions: Peel Hunt upgrades to buy. Cairn Energy: UBS cuts target from 365p to 275p, neutral rating kept. Carnival: Jefferies maintains buy recommendation and 2,400p target. Carpetright: Peel Hunt keeps hold rating and 600p target. Cookson: Exane BNP Paribas cuts target from 7
Read moreThursday broker round-up
21st Jun 2012 09:13
ARM Holdings: Investec maintains buy rating and 800p target. Ashtead: Jefferies ups target from 300p to 320p, buy rating retained. Bellway: Goldman Sachs downgrades to neutral. British Land: Societe Generale downgrades to sell. CRH: HSBC upgrades to overweight. Dignity: Goldman Sachs downgrades
Read moreLondon close: Footsie finishes higher on strong macro data
20th Apr 2012 16:21
- German Ifo and UK retail data lifts sentiment - Financials and miners make strong gains in London - Strong start on Wall Street, GE and Microsoft beat forecasts After some better-than-expected economic data spurred a rise for the FTSE 100 this morning, the blue chip index held on to gains in the
Read moreLondon midday: Economic data drives financials higher
20th Apr 2012 11:59
- German Ifo beat expectations - UK retail sales rise strongly in March - Man Group rebounds, IMI higher after update Positive economic data from the UK and Germany cemented gains on Friday morning ahead of what is expected to be a bright start for US stocks with futures on the up after a barrage o
Read moreLondon open: Stocks rise after Germany Ifo data
20th Apr 2012 08:38
- German Ifo index better than expected - IMI rises strongly after first-quarter update - SuperGroup plummets after profit warning London's blue chip index was trading slightly higher on Friday morning after a better-than-expected reading of Germany sentiment. SuperGroup was a heavy faller on the F
Read moreFriday broker round-up
20th Apr 2012 08:25
ARM Holdings: Jefferies raises target from 466p to 485p, underperform rating kept. Debenhams: UBS raises target from 75p to 80p, neutral recommendation kept; Nomura ups target from 81p to 90p, neutral rating kept. IMI: Investec maintains buy rating, 1,180p target under review. Intermediate Capita
Read moreIMI makes solid start to 2012 despite FX headwinds
20th Apr 2012 07:26
Engineering group IMI has made a strong start to 2012 with growth in its Severe Service and Merchandising divisions offsetting a more subdued performance in its other units. Group revenues in the three months to the end of March rose by 8%, up 6% on an organic basis which adjusted for exchange rate
Read moreFTSE 100 movers: Hargreaves Lansdown in top spot on record third quarter
19th Apr 2012 14:49
Hargreaves Lansdown, the financial services provider and asset management group, rose strongly after seeing a record level of Assets under Administration (AuA) in the three months to March 31st despite the tough macro-economic conditions. Engineer IMI was a high riser after Jefferies upgraded its r
Read moreLondon midday: Stocks gain on strong demand for Spanish debt
19th Apr 2012 11:51
- Spanish auction well received despite rising yields - US futures up in wake of earnings results - Hargreaves leads Footsie higher, CWW plummets on FTSE 250 After an initial dip following the results of the Spanish debt auction, the Footsie had regained its momentum by lunchtime on Thursday, tradi
Read moreBroker tips: IMI, Prudential, African Barrick Gold
19th Apr 2012 11:28
Jefferies has raised its recommendation for engineering group IMI from hold to buy, saying that while the group isn't exactly geared for high growth, it does provide high returns. "IMI is a curate's egg of a stock in some respects. A conglomerate with five divisions, it seldom fires on all cylinder
Read moreBroker snap: Jefferies ups IMI to buy
19th Apr 2012 10:09
Jefferies has raised its recommendation for engineering group IMI from hold to buy, saying that while the group isn't exactly geared for high growth, it does provide high returns. "IMI is a curate's egg of a stock in some respects. A conglomerate with five divisions, it seldom fires on all cylinder
Read moreThursday broker round-up - UPDATE
19th Apr 2012 09:44
Afren: UBS raises target from 150p to 160p, buy rating unchanged. African Barrick Gold: Investec cuts target from 562p to 404p, hold kept. APR Energy: UBS downgrades from neutral to sell, target slashed from 1,110p to 860p. BHP Billiton: Credit Suisse reiterates outperform recommendation and 2,46
Read moreLondon open: Stocks rise ahead of Spanish auction
19th Apr 2012 08:57
- Spanish yields ease before auction - Hargreaves leads risers on Footsie - Cable and Wireless Worldwide plummets on FTSE 250 The FTSE 100 was making solid gains on Thursday morning ahead of much-anticipated Spanish debt auction later today. Spain will be in focus ahead of today's auction of two-
Read moreLondon open: Cautious start after yesterday's sell-off
11th Apr 2012 08:27
- Miners rebound after steep losses yesterday - Eyes on Spanish yields as industrial output slips - BT falls after downgrade The Footsie swung between gains and losses on Wednesday morning after closing at a four-month low the day before. The blue chip index lost 2.24 per cent on Tuesday to finish
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