Broker tips: Intertek, Wolseley, Pearson
4th Oct 2016 10:54
(ShareCast News) - Intertek was lifted by a double upgrade from Jefferies, which raised its stance on the stock to 'buy' from 'underperform' and upped the price target to 4,300p from 3,000p. "Our recommendation is not predicated on a major near term beat. More, that we believe we should see from her
Read moreIntertek rallies on double upgrade by Jefferies
4th Oct 2016 09:00
(ShareCast News) - Intertek was lifted by a double upgrade from Jefferies, which raised its stance on the stock to 'buy' from 'underperform' and upped the price target to 4,300p from 3,000p. "Our recommendation is not predicated on a major near term beat. More, that we believe we should see from her
Read moreIntertek buys EWA Canada for foothold in internet-of-things
3rd Oct 2016 07:07
(ShareCast News) - Quality assurance provider Intertek has snapped up cyber security specialist EWA Canada from Electronic Warfare Associates for an undisclosed sum, in order to take hold of an opportunity in the 'internet of things' market. The addition of Ottawa-based EWA Canada, which employs 54
Read moreFTSE 100 movers: house builders, miners sag as easyJet firms
19th Aug 2016 14:32
(ShareCast News) - London's FTSE 100 tiptoed lower as a string of house builders sagged amid lingering concerns about the UK real estate market, and several miners slumped alongside metals prices. House builders were led lower by Persimmon, Taylor Wimpey and Barratt Developments, investors exiting t
Read moreFriday broker round-up
19th Aug 2016 12:07
(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps
Read moreBerenberg reiterates 'hold' on Intertek, raises target price
19th Aug 2016 10:24
(ShareCast News) - Berenberg has reiterated a 'hold' rating on Intertek Group and raised its target price to 3,600p from 2,800p. The broker said despite low organic revenue growth of 0.5% in the first half, the testing and quality control company delivered a solid margin performance, which suggests
Read moreTuesday newspaper share tips: Intertek, De la Rue
2nd Aug 2016 15:13
(ShareCast News) - Shares in Intertek have rocketed since their flotation in 2002 despite which they remain relatively unknown to most investors. Nonetheless, while growth prospects for the testing, inspecting and certification outfit are still good, the shares are best avoided, The Times´s Tempu
Read moreTuesday broker round-up
2nd Aug 2016 10:58
(ShareCast News) - HSBC: Berenberg reiterates buy with a target price of 600p. Intertek: Numis maintains reduce with a 3100p target. Barclays: Citigroup reiterates buy with a 135p target. IAG: HSBC stays at reduce with a 325p target. Anglo American: UBS keeps at sell with a target price of 740p.
Read moreBroker tips: Anglo American, Intertek, Johnson Matthey
2nd Aug 2016 10:51
(ShareCast News) - UBS reiterated a 'sell' rating on Anglo American but lifted its target price to 740p from 540p after the miner reported a first half loss. The company last week reported a net loss of $813m for the first half of 2016, compared with a $3 bbn loss for the same period last year. The
Read moreSocGen downgrades Intertek on valuation
2nd Aug 2016 09:57
(ShareCast News) - Societe Generale downgraded Intertek to 'sell' from 'hold' on valuation grounds. The bank said the strengths of Intertek's model and the strategy deployed by the new chief executive are more than offset by negative 12-month total shareholder return after an increase of around 50%
Read moreIntertek's H1 profit rises, sees no impact from Brexit
1st Aug 2016 07:14
(ShareCast News) - Intertek reported a jump in first-half profit as revenue grew strongly and said the UK's decision to leave the European Union was unlikely to affect the company's growth opportunities. Pre-tax profit in the first half rose to £172.5m from £149.8m on revenue of £1.20bn, up from £1.
Read moreSector movers: Support services firms get boost from UBS
15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
Read moreThursday broker round-up
26th May 2016 15:53
(ShareCast News) - Great Portland States: Jefferies downgrades to underperform with a 650p target. Electrocomponents: RBC upgrates to sector perform with a 270p target. Marks & Spencer: Jefferies downgrades to underperform with a target price of 300p, Exane BNP Paribas downgrades to underperform wi
Read moreFTSE 100 movers: Financials, Big oil pace gains
25th May 2016 16:34
(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read moreIntertek revenue up but resource business challenging
25th May 2016 07:58
(ShareCast News) - FTSE 100 testing, inspection and certification company Intertek Group reported a rise in revenue for the first four months of the year although its resource-related business continued to suffer from challenging markets. In a trading update for the period from 1 January to 30 April
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