Friday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read moreTate & Lyle chairman tops up stake with another 10,000 shares
31st Jul 2014 16:38
The chairman of FTSE 250-listed Tate & Lyle, Peter Gershon, added £63,800-worth of shares in the sugar and sweeteners group. Gershon, who is also the chairman of National Grid, paid 638p for each of the 10,000 shares, taking his holding to 92,080 shares. The purchase comes about a week after the
Read moreWednesday broker round-up UPDATE
30th Jul 2014 09:50
Antofagasta: Westhouse Securities downgrades from add to neutral with a target price of 885p. Investec places its target price (prev.: 690p) under review, while keeping its sell recommendation. Aureus Mining: FinnCap lowers target price from 66p to 62p maintaining a buy recommendation. British Ame
Read moreInforma reports rise in half year profit
29th Jul 2014 10:15
Publishing and events company Informa reported a 1.9% rise in half year organic revenue growth to £569.6m as the company overhauled its business. Adjusted operating profit grew 4.5% to £166.7m in the six months ended June 30th, 2014. The dividend was left unchanged at 6.4p. Chief Executive Steph
Read moreTuesday broker round-up UPDATE
29th Jul 2014 09:37
Abderdeen Asset Management: Berenberg cuts target price from 530p to 510p and maintains a buy recommendation. African Barrick Gold: Numis takes target price from 260p to 330p upgrading from hold to buy. Anglo American: Deutsche Bank increases target price from 1590p to 1650p and reiterates a hold
Read moreTuesday broker round-up UPDATE
15th Jul 2014 08:53
Admiral Group: Numis moves target price from 1710p to 1720p, while downgrading from buy to add. African Barrick Gold: UBS initiates with a target price of 260p and a buy recommendation. Ashtead Group: Berenberg initiates with a target price of 1110p and a buy recommendation. British American Taba
Read moreInforma unveils structural and management changes
10th Jul 2014 09:52
Informa has unveiled a number of changes following a strategic revenue that will see Garth Wright become the new Group Finance Director and the appointment of four new divisional heads to lead a new corporate structure for the publishing and events group. Wright, who is currently the Deputy Finance
Read moreThursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
Read moreTuesday broker round-up UPDATE
12th Jun 2014 08:50
Afren: Oriel downgrades from buy to hold with a target price of 145p. Aggreko: RBC Capital downgrades to neutral with a target price of 1700p. Betfair Group: Morgan Stanley raises target price from 1150p to 1260p and keeps an overweight rating. BG Group: Nomura downgrades to neutral with a target
Read moreInforma returns headquarters to the UK
30th May 2014 14:03
FTSE-250 listed publishing firm Informa announced it will return its headquarters to the UK after five years in Switzerland. The move comes as New Informa became the new holding company of the Informa Group. The company's shareholders have received one New Informa share for every share held at the
Read moreFriday broker round-up UPDATE
16th May 2014 08:23
Ashcourt Rowan: N+1 Singer initiates with a target price of 231p and a buy recommendation. Bioquell: N+1 Singer cuts target price from 157p to 112p and downgrades to hold. Boohoo.com: Jefferies initiates with a target price of 68p and a buy recommendation. Capital & Regional: Numis upgrades from
Read moreInforma says sterling strength is having 'significant' effect
15th May 2014 08:55
The strength of sterling continued to have a 'significant effect' on revenue and profit, Informa has revealed. In its interim management statement released Thursday, the FTSE 250-listed conference and publishing group said that although in the first four months of the year the group delivered orga
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreInforma to relocate HQ back to UK
15th Apr 2014 15:46
The board of publishing and conference firm Informa has approved a decision to return its company headquarters from Switzerland to the UK. In a statement on Tuesday, Informa said a relocation will simplify executive management structure and business operations. It will also "facilitate more focus
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
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