FTSE 250 movers: Mitchells & Butlers sinks on poor outlook
27th Nov 2012 15:52
Mitchells & Butlers, the UK's largest operator of managed restaurants and pub, was unwanted after noting it had made a slow start to the new financial year, partly because of unseasonably warm weather in the same period in 2011. India-focused Essar Energy was also lower as shares retreated after m
Read moreTuesday broker round-up UPDATE
27th Nov 2012 07:19
Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3
Read moreWednesday broker round-up UPDATE
21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
Read moreThursday broker round-up - UPDATE
18th Oct 2012 09:24
Ashtead: UBS raises target from 375p to 400p, buy rating kept. ASOS: Panmure Gordon keeps buy rating and 2,530p target. AZ Electronic Materials: Goldman Sachs upgrades to conviction buy. Booker: Panmure Gordon keeps buy rating and 108p target. Britvic: Panmure Gordon keeps hold rating and 380p t
Read moreWednesday tips round-up: Sportingbet, Informa, GKN
17th Oct 2012 07:00
Tempus in The Times says that the fuss surrounding Sportingbet has set traders musing on the next potential bid target in the online gambling sector. Most punters' top pick is Bwin.party digital entertainment. Its shares, up 1.5p at 116.5p, have been held back by regulatory fears in Europe, but the
Read moreTuesday broker round-up - UPDATE
16th Oct 2012 08:14
Amara Mining: Seymour Pierce keeps buy rating. ASOS: Morgan Stanley initiates coverage with overweight rating and 3,000p target. Bellway: Panmure Gordon raises target from 954p to 957p, hold rating kept; Jefferies keeps hold rating and 1,004p target. British American Tobacco: Nomura keeps buy rat
Read moreRevenue down at Informa
16th Oct 2012 07:20
Specialist business publisher and events organiser Informa said revenue was down across the first nine months of the year but it was trading in line with expectations. In a trading update the firm said nine month organic revenue was down 2% on the previous year due to the effects of the tough tradi
Read moreTuesday preview: N Brown, Bellway, Informa, inflation
15th Oct 2012 16:35
Panmure Gordon recently downgraded its rating for internet and catalogue home shopping firm N Brown from 'buy' to 'hold', ahead of the firm's interims on Tuesday. Panmure Gordon has pencilled in sales growth of 2.8% to £373.7m, a gross margin decline of 0.7 percentage points to 54.2% and earnings b
Read moreWednesday broker round-up - UDPATE
10th Oct 2012 08:22
African Barrick Gold: Nomura cuts target from 670p to 605p, buy rating kept. APR Energy: JPMorgan Cazenove initiates coverage with overweight rating and 1,005p target. ARM Holdings: Credit Suisse initiates coverage at neutral. ASOS: Seymour Pierce keeps hold rating and 1,900p target. Avanti Com
Read moreInforma buys investment analytics outfit
9th Oct 2012 07:42
Informa, the business information and events group, has acquired investment analytics provider Zephyr Associates from Kemmons Wilson. Informa is paying $62m for the company, which specialises in integrated business intelligence and decision support solutions for investment and wealth management pro
Read moreWednesday broker round-up
12th Sep 2012 08:54
African Minerals: Jefferies keeps buy rating and 550p target. Ashmore: UBS raises target from 370p to 390p, buy rating kept. ASOS: Panmure Gordon lifts tagged from 2,179p to 2,378p, buy rating kept. Barratt Developments: Panmure Gordon keeps buy rating and 190p target; Jefferies keeps buy rating
Read moreThursday tips round-up: easyJet, ARM, Informa
26th Jul 2012 07:07
Questor in the Telegraph is rather pleased with himself after his April recommendation on easyJet came good. Yesterday the firm reported revenues up 10.5 per cent in the second quarter, as people tried desperately to escape the rain. Trading at 10.7 times this year's earnings, Questor says hold on f
Read moreInforma in the red after impairment charge
25th Jul 2012 08:12
Specialist business publisher and trade events group Informa has reported a half year loss after taking impairment charges relating to its European conferences business, and suffering losses on the sale of certain European businesses. The group has swallowed a loss of £24.4m on the disposal of its
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 moreBroker tips: BP, Logica, Informa
1st Jun 2012 11:18
Jefferies has welcomed BP's decision to sell its 50 per cent share in TNK-BP, reiterating its buy rating and 525p target price for the stock on Friday morning. Jefferies value's BP's share of TNK-BP at $30bn, which is 11% of its BP group net asset value (NAV) estimate, although 26% of its current m
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