31st Aug 2016 16:34
(ShareCast News) - Halma: Jefferies reiterates buy with a target price of 1210p. G4S: UBS maintains buy with a 260p target. Bunzl: Barclays reiterates equal-weight with a 2450p target. Carclo: Finncap reiterates hold with a 150p target. Associated British Foods: Berenberg downgrades to hold with
Read more5th Aug 2016 13:03
(ShareCast News) - IMI stands to prosper when recovery returns - following efforts by the company over the past few years - but that prospect now looks more distant, the Financial Times´s Lex column said. The industrial flow control specialist´s first half numbers suggested chief Mark Selway´s ob
Read more29th Jul 2016 08:51
(ShareCast News) - Engineering firm IMI on Friday reported a 19% drop in pre-tax profit in the first half as revenue fell in a challenging market. Pre-tax profit on a reported basis came to £86m in the six months to 30 June 2016, down from £107m the same period a year ago as the manufacturing sector
Read more6th May 2016 14:34
(ShareCast News) - Man Group: Citigroup downgrades to sell with a 120p target. Royal Mail: Jefferies reiterates underperform with a 400p target. Easyjet: JP Morgan keeps at overweight with a 1900p target. IMI: Societe Generale reiterates hold with a target of 920p and JP Morgan stays at neutral wi
Read more5th May 2016 10:30
(ShareCast News) - Industrial engineering firm IMI said its full year expectations remained unchanged, with an improved performance predicted for the second half. The company said based on year to date performance and current market conditions, organic revenues in the first half should show a simila
Read more20th Apr 2016 15:54
(ShareCast News) - Zoopla: Exane BNP Paribas reiterates neutral with a target price of 270p and Canaccord upgrades to buy with a 330p target. Ashmore: Barclays stays at underweight with a 250p target, Societe Generale downgrades to hold with a target price of 295p and Exane BNP Paribas downgrades to
Read more6th Apr 2016 13:41
(ShareCast News) - Cuts to capital expenditure budgets in the Oil&Gas space had only just begun and were beginning to filter through from the 'Upstream' segment into Mid and Downstream activities, Morgan Stanley said. There had been about $90bn of recent deferrals announced, the broker pointed out.
Read more29th Feb 2016 13:16
(ShareCast News) - IMI: JP Morgan reiterates overweight with a target price of 850p, Credit Suisse and Canaccord stays at underperform, Investec and HSBC keep at buy, 920p and 1000p target respectively, Exane BNP Paribas maintains neutral and Societe Generale reiterates hold. Jupiter Fund Management
Read more26th Feb 2016 12:41
(ShareCast News) - FTSE 250 engineering group reported a 34% slump in 2015 pre-tax profit as revenue declined amid tough trading conditions in many of its markets, as clients scaled back orders. For the year ended 31 December, pre-tax profit fell to £163m from £246m on revenue of £1.56bn, down 8% fr
Read more25th Jan 2016 15:11
(ShareCast News) - The FTSE 250 was flip-flopping between the black and the red on Monday, with the second-tier market relatively flat by mid-afternoon, down just 9.12 points (0.06%) to 16,118.87. IMI took the biggest hit after Credit Suisse downgraded the engineer from 'neutral' to 'underperform' a
Read more20th Nov 2015 09:58
(ShareCast News) - South32 Limited: UBS downgrade to neutral, trims target price to 67.00p. Vedanta Resources: UBS downgrades to neutral, cuts target price to 400.00p. Imi: Nomura upgrades to buy, bumps down target price to 955.00p. Diageo: JP Morgan Cazenove upgrades to overweight, lifts target p
Read more13th Nov 2015 10:53
(ShareCast News) - Societe Generale downgraded IMI to 'hold' from 'buy' and slashed the price target to 975p from 1,350p after the company said on Thursday that earnings for the year would be at the low end of market views. "We remain upbeat on the longer-term benefits of the strategic turnaround pr
Read more13th Nov 2015 09:33
(ShareCast News) - Societe Generale downgraded IMI to 'hold' from 'buy' and slashed the price target to 975p from 1,350p after the company said on Thursday that earnings for the year would be at the low end of market views. "We remain upbeat on the longer-term benefits of the strategic turnaround pr
Read more13th Nov 2015 09:23
(ShareCast News) - Spire Healthcare Group: JP Morgan Cazenove downgrades to neutral, cuts target price to 310.00p. Weir Group: Deutsche upgrades to buy, bumps down target price to 1360.00p. Imi: JP Morgan Cazenove downgrades to neutral, reduces target price to 930.00p. SABMiller: Berenberg Bank do
Read more12th Nov 2015 08:05
(ShareCast News) - IMI slumped on Thursday after the engineering company said it expects adjusted earnings for the year to be towards the lower end of the range of current market estimates amid challenging market conditions. The company said revenues for the three months to the end of September were
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