Canaccord downgrades ITE Group as Russia-Ukraine tensions escalate
3rd Mar 2014 10:55
Canaccord Genuity has downgraded its rating for exhibitions and conferences organiser ITE Group from 'buy' to 'hold', raising concerns about profit forecasts given the recent weakness of the rouble amid increasing tensions between Russia and Ukraine. Analyst Simon Davies said that the escalating ge
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreLondon open: Stocks drop sharply as Ukraine tensions rise
3rd Mar 2014 08:14
- Ukrainian concerns escalate - US condemns Russian military move - Financials fall sharply - Precious metal miners track gold and silver prices higher techMARK 2,867.09 -1.30% FTSE 100 6,744.93 -0.95% FTSE 250 16,488.43 -1.42% UK stocks were sold off sharply on Monday morning on the back of the
Read moreBaronsmead Chairman reduces interest
24th Feb 2014 16:02
The Chairman of Baronsmead VCT, Peter Lawrence, has had his interest in the venture capitalist trust reduced following sales made by two people connected to him. Michael Lawrence traded in 35,470 shares, while Louise Lawrence sold off 46,384 shares, generating a combined £58,526. The shares were s
Read moreFTSE 250 movers: African Barrick Gold, Pace, RPS Group
10th Feb 2014 13:19
African Barrick Gold was a top riser as the price of gold rose to a two-week high in the longest rally since August in New York. Pace gained after Barclays raised its price target on the digital set-top box developer from 320p to 450p and its rating from 'neutral' to 'overweight'. Energy stocks de
Read moreFriday broker round-up UPDATE
31st Jan 2014 09:43
Aberdeen Asset Management: Berenberg cuts target price from 555p to 530p staying with its buy recommendation. Amlin: Canaccord Genuity moves target price from 420p to 430p reiterating a hold recommendation. ARM Holdings: Credit Suisse cuts target price from 1150p to 1100p and reiterates an outperf
Read moreThursday broker round-up UPDATE
30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read moreITE Q1 profit takes off
30th Jan 2014 08:22
- First quarter off to flying start - Robust growth from Central Asia and Russia - Trading in core markets remain positive Conference and exhibition organiser ITE Group said trading for the first three months of the financial year has been ahead of management expectations despite the relative stren
Read moreVedanta's Anil Agarwal ramps up stake, again
24th Jan 2014 16:25
In an announcement made after the close of trade on Thursday, Vedanta Resources announced that Executive Chairman Anil Agarwal had once again added to his already gargantuan stake in the mining behemoth - marking his second purchase of the week. The transaction came the same day he told his Twitte
Read moreAlliance Pharma exec offloads 300,000 shares
20th Jan 2014 15:49
Speciality drugs firm Alliance Pharma announced Monday that Executive Director Anthony Booley's share in the company was reduced by 300,000 shares after his wife Lynette sold a portion of her stake. Booley, who joined the company in 1998, and his wife earned £100,500 from the sale after disposing
Read moreTesco non-exec ups stake after cautious statement
14th Jan 2014 16:39
Tesco Non-Executive Director Mark Armour has added 81,525 pounds-worth of shares to his stake in the supermarket chain. Armour, who is the former Chief Financial Officer of Reed Elsevier, bought 25,000 shares at 326.10p each on Monday. He joined Tesco in early September last year. The purchase c
Read moreWednesday broker round-up UPDATE
18th Dec 2013 08:44
Berendsen: Panmure Gordon raises target price from 761p to 917p, while retaining its hold recommendation. British American Tabacco: Nomura cuts target price from 3840p to 3720p, while staying with its buy recommendation. bwin.party: Daniel Stewart reduces target price from 173p to 146p, while its
Read moreMonday broker round-up UPDATE
9th Dec 2013 08:31
Alternative Networks: FinnCap takes target price from 390p to 430p and retains a buy recommendation. Investec ups target price from 390p to 440p maintaining a buy recommendation. Anite: Panmure Gordon shifts target price from 142p to 143p and keeps a buy recommendation. Canaccord Genuity upgrades f
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreITE beats expectations as Asian prospects strengthen - UPDATE
3rd Dec 2013 07:43
- Record annual profits - EPS ahead of consensus at 19.3p - 55 per cent of 2014 expected revenue booked Exhibitions and conferences organiser ITE Group unveiled record annual results as it firmly established itself in the Asian exhibition market. The FTSE 250 group lifted revenues 12% to £192m and
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