Thursday broker round-up UPDATE
17th Jul 2014 11:07
Antofagasta: Canaccord Genuity cuts target price from 870p to 835p and maintains a hold recommendation. African Minerals: Canaccord Genuity reduces target price from 230p to 170p and keeps a buy recommendation. Ashmore Group: Goldman Sachs downgrades to neutral with a target price of 430p. Barcla
Read moreInvestec puts ITV under review amid takeover speculation
17th Jul 2014 10:40
Even though Liberty Global has signalled that it has no intention to bid for ITV following the acquisition of a 6.4% stake in the broadcaster, Investec has said that takeover speculation is "now likely to be a key part of the investment case" for the UK group. The broker has placed its 'hold' ratin
Read moreLondon open: UK stocks retreat, but ITV jumps
17th Jul 2014 09:10
- Stock slip after strong gains yesterday - Upbeat Beige Book leads to another record for the Dow - ITV surges on Liberty Global M&A hopes techMARK 2,795.17 -0.44% FTSE 100 6,769.28 -0.23% FTSE 250 15,542.03 -0.37% London's FTSE 100 slipped on Thursday morning, retreating after a big jump the prev
Read moreLondon pre-open: Stocks expected to pull back after strong gains
17th Jul 2014 07:51
After the strong gains made yesterday and another all-time high on Wall Street last night, UK stocks are expected to pull back slightly on Thursday morning. City sources predict the FTSE 100 will open around 17 points lower than Wednesday's close of 6,784.67 following a 1.1% jump for the index yes
Read moreLiberum picks prime targets as UK M&A plays catch up
9th Jul 2014 16:00
UK mergers and acquisitions activity is stubbornly subdued, but broker Liberum says this is not expected to persist and has polled its sector analysts to qualitatively identify the most likely targets. Global M&A hit a post crisis record at $945bn in the second quarter of the year, showing that co
Read moreUBS upgrades ITV to 'buy' on BSkyB stake sale hopes
4th Jul 2014 12:25
UBS has begun advising investors to buy shares in ITV, saying the broadcaster could benefit from shareholder BSkyB selling its stake. The Swiss investment bank has upgraded ITV to a 'buy' from 'neutral' with a 210p price target. UBS said BSkyB could sell its 7.5% stake in ITV in the market as part
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreLondon close: easyJet leads lower after choppy session
30th Jun 2014 16:59
- FTSE 100 closes down 13.83 points at 6,743.94 - Diageo/SABMiller rumours provide lift - easyJet leads fallers after broker comment - Cable ends the day atop 1.71 techMARK 2,817.43 -0.02% FTSE 100 6,743.94 -0.20% FTSE 250 15,723.56 +0.27% After a turbulent session it was ultimately a downbeat fin
Read moreFTSE 100 movers: easyJet hit by Bank of America target cut
30th Jun 2014 16:34
easyJet was a big faller after Bank of America cut its price target and lowered its outlook for the airline, blaming its decision on higher fuel costs and profit warnings amongst other stocks in the sector. Its peer, IAG was also flying lower, while Sports Direct was hot on its heels as investors
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
Read moreFTSE 100 movers: ITV jumps on advertising speculation, broker comment
12th Jun 2014 14:53
ITV's share price was rising strongly following reports that it could benefit from a move by US media giant Omnicom to halt further spend on advertising with broadcasting peer Channel 5. Also pushing it higher was Goldman Sachs, which reiterated its 'buy' rating on the broadcaster and cut its targe
Read moreITV shares rise as Omnicom pulls ad spend at Channel 5
12th Jun 2014 12:10
ITV's share price was rising strongly on Thursday following reports that it could benefit from a move by US media giant Omnicom to halt further spend on advertising with broadcasting peer Channel 5. According to MediaWeek, Omnicom's media trading arm Opera has stopped all media spend with Channel 5
Read moreLondon midday: Stocks erase losses as media strength outweighs miners
12th Jun 2014 11:27
- Media stocks lead the rebound, ITV jumps - Mining stocks fall, Anglo downgraded - Eurozone industrial data beats forecasts - Iraq tensions keep risk appetite subdued techMARK 2,845.86 +0.18% FTSE 100 6,841.76 +0.04% FTSE 250 16,111.37 +0.15% A late-morning bounce pushed UK stocks into positive t
Read moreLondon close: Vodafone drags FTSE into negative finish, CPI in focus
20th May 2014 16:59
- FTSE closes down 42.55 points at 6,802 - Vodafone and M&S miss expectations - CPI rises 0.2 percentage points in April to 1.8 per cent techMARK 2,706.50 -0.48% FTSE 100 6,802.00 -0.62% FTSE 250 15,440.25 +0.40% Significant falls by a number of blue chip heavyweights ensured a negative finish for
Read moreFTSE 100 movers: Vodafone slides after results
20th May 2014 15:13
Vodafone was a notable faller today after it said earnings came in just shy of consensus forecasts in the year to end-March, though the mobile operator confirmed its expected final dividend of 7.47p per share. Group revenue sank 1.9% in line with the consensus to £43.6bn, with organic service reven
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