Thursday broker round-up UPDATE
29th Aug 2013 09:48
Afren: Westhouse Securities shifts target price from 160p to 165p and reiterates a buy recommendation. BAE Systems: Bank of America raises target price from 328p to 412p, while staying with its underperform rating. Cape: JP Morgan takes target price from 308p to 323p and stays with its overweight
Read moreInt'l Personal Finance FD sells shares
13th Aug 2013 16:22
David Broadbent, the Finance Director of home credit firm International Personal Finance (IPF), has sold a small stake in the firm after exercising options. Broadbent, who has been in his position since 2007, exercised a total of 65,575 share options under the company's share option plan and perfor
Read moreTuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreThursday broker round-up UPDATE
8th Aug 2013 07:10
Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom
Read moreLondon close: Gains limited ahead of central bank decisions
30th Jul 2013 16:41
Caution ahead of a number of central-bank policy decisions kept gains on equity markets to a minimum on Tuesday, with the FTSE 100 finishing slightly higher as traders digested a barrage of corporate earnings. The outcome of the Federal Open Market Committee meeting will be in focus on Wednesday, t
Read moreInt'l Personal Finance surges on record profits, buyback
30th Jul 2013 15:33
International Personal Finance (IPF) saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported record profits in the first half and pleased investors with a 60m-pound share buyback. The company said that profit before tax (before exceptionals) tot
Read moreFTSE 250 movers: Int'l Personal Finance soars after record first half
30th Jul 2013 14:50
International Personal Finance saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported a record first-half profit before tax of 42.3m pounds, up 35 per cent on last year. The company also pleased investors to return 60m pounds via a share buyback
Read moreLondon close: Gains trimmed as nerves set in ahead of Fed decision
17th Jun 2013 16:48
Markets started the new week on a positive note, though gains were trimmed by the close on Monday as traders refrained from taking too much risk ahead of the all-important policy decision from the Federal Reserve later this week. Global markets have been extremely choppy over the last month since F
Read moreFTSE 250 movers: International Personal Finance jumps after upbeat broker comment
17th Jun 2013 15:08
Eastern Europe-focused home-credit business International Personal Finance was the best performing stock on the FTSE 250 on Monday after analysts at Renaissance Capital named it as their top pick in the financial sector in that region. "We like the resilience of the business model, while we love it
Read moreFTSE 250 movers: Mining giants climb the ladder
29th May 2013 13:46
Miners rallied Wednesday after gold advanced in New York and London as lower prices lured buyers of the metal amid an extended drop in holdings in exchange-traded products. Natural resource giant African Barrick Gold rose to lead other mining companies higher including Petropavlovsk and Lomnim.
Read moreSTOXX announces changes to Europe 600 Index
29th May 2013 11:14
STOXX Limited has announced the addition and deletion of UK company stocks from its Europe 600 Index as part of a quarterly review. The global index provider, which covers world markets, will delete Spirent Communications, National Express Group, Vesuvius, Kazakhmys, Eurasian Natural Resources (ENR
Read moreFTSE 250 movers: Kazakhmys hit by downgrade
26th Apr 2013 14:38
Mining group Kazakhmys fell after Deutsche Bank lowered its target price on the stock from 610p to 600p, maintaining its hold recommendation. The downgrade comes one day after the group said it is on track to meet its annual production targets. Shares in International Personal Finance were treatin
Read moreLondon close: Markets underwhelmed by strong growth figures
25th Apr 2013 17:00
UK growth figures prompted a mixed reaction on stock markets on Thursday as stronger-than-expected activity in the first quarter quashed hopes that the Bank of England (BoE) would ramp up its quantitative easing programme in order to kick-start the economy. Nevertheless, data from the States lifted
Read moreFTSE 250 movers: International Personal Finance rises on profit increase
25th Apr 2013 16:05
Home credit business International Personal Finance rose after it saw an increase in profits in the first quarter boosted by new customers and growing loan values. Wealth management company St James's Place has delivered another strong period of growth during the first three months of the year. The
Read moreThursday broker round-up UPDATE
25th Apr 2013 09:07
Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
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