Friday broker round-up UPDATE
1st Mar 2013 07:17
Ashtead Group: Citigroup increases target price from 487p to 590p and keeps a buy recommendation. Atkins: JP Morgan raises target price from 893p 920p, reiterating an overweight rating. Berendsen: Panmure Gordon moves target price from 582p to 760p, while staying with its hold recommendation. Cant
Read moreThursday broker round-up UPDATE
28th Feb 2013 07:19
AZ Electronic Materials: Goldman Sachs moves target price from 440p to 450p and retains a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 667p to 679p, while downgrading to hold. British American Tabacco: Investec places its target price (previously 3350p) and buy rec
Read moreWednesday broker round-up UPDATE
27th Feb 2013 08:11
: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar
Read moreStrong performance in Support Services boosts revenue at Interserve
27th Feb 2013 07:56
Revenue rose six per cent in the year ended December 31st at international support services and construction group Interserve, helped by a strong performance in Support Services. The company reported that revenue rose to £1.96bn in 2012 compared to £1.85bn in the previous year. Headline pre-tax p
Read moreFriday broker round-up UPDATE
22nd Feb 2013 07:12
Antofagasta: RBC upgrades from underperform to outperform. Ashmore Group: Citigroup raises target price from 330p to 355p upgrading to neutral. JP Morgan ups target price from 361p to 413p and maintains a neutral rating. Babcock International: Citigroup revises target price from 965p to 1185p and
Read moreTuesday broker round-up UPDATE
15th Jan 2013 07:17
African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold. Aurum
Read moreFTSE 250 movers: African Barrick Gold plunges
8th Jan 2013 15:38
Canadian miner Barrick Gold has abandoned plans to sell its majority stake in London-listed African Barrick Gold (ABG) to a Chinese buyer, causing shares to plunge. In August, Barrick announced it had entered into discussions with China National Gold Group Corporation to sell its 73.9 per cent stake
Read moreInterserve says 2012 trading in line with expectations
8th Jan 2013 08:03
Interserve said on Monday trading for 2012 was in line with expectations following a number of contract wins. Ahead of its annual results to be unveiled in February, the international support services and construction group gave a taste of what to expect. The group reported significant value real
Read moreTuesday tips round-up: Interserve, Petroceltic, easyJet
8th Jan 2013 06:56
Support services and construction group Interserve is one of the best places for one to invest their hard earned money in, The Times's Tempus believes. The company's exposure to UK construction has tended to hang over the shares, as 35 to 40 per cent of revenues, but rather less in profit terms, is
Read moreLondon open: Footsie pulls back despite strong showing by banks
7th Jan 2013 08:15
After hitting a near two-year high the previous trading session, profit-taking meant that the FTSE 100 opened slightly lower on Monday morning. This was despite relative strength in the banking sector on the back of some better-than-expected news on regulation. The FTSE 100 finished Friday at 6,090
Read moreInterserve to buy Middle-Eastern unit of Willbros
7th Jan 2013 07:47
Support services and construction group Interserve is to expand its operational footprint in the oil and gas services market with the acquisition of a majority stake in Willbros Middle East. Interserve is spend $41.3m on an 85% interest in Willbros Middle East and its subsidiaries, which provides o
Read moreLondon close: FTSE 100 finishes strongly on 'fiscal cliff' optimism
18th Dec 2012 16:55
- US budget negotiations lift hopes - G4S up on renewed confidence - FTSE 250 at all-time high UK markets finished with strong gains on Tuesday afternoon as 'fiscal cliff' hopes spurred investors' appetites for riskier assets, such as mining stocks. The second-tier FTSE 250 index was trading at a
Read moreFTSE 250 movers: New World Resources jumps on coal demand hopes
18th Dec 2012 14:58
Central Europe-focused hard coal and coke producer New World Resources surged on Tuesday afternoon after the International Energy Agency (IEA) said that coal will come close to surpassing oil as the world's top energy source by 2017. According to the IEA's Medium-Term Coal Market Report, the world
Read moreLondon midday: G4S leads markets higher
18th Dec 2012 11:27
- Stocks advance on 'fiscal cliff' hopes - Miners track metal prices higher - G4S up on renewed confidence A decent performance by G4S and the mining sector ensured that the FTSE 100 remained firmly in positive territory on Tuesday morning, with hopes over the US budget talks driving risk appetite.
Read moreInterserve acquires Advantage Healthcare
18th Dec 2012 07:23
Support services and construction group Interserve has acquired Advantage Healthcare from Rutland Partners and management for a cash consideration of 26.5m pounds. The transaction expands Interserve's public sector service proposition in the UK, widening the group's access to the £10bn community h
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