Broker tips: Unilever, ITV, C&W Comms
3rd Dec 2012 11:23
Following a Unilever investor and analyst seminar in Paris, Investec has raised its price target for the consumer products stock from 2,300p to 2,400p but has kept its 'hold' rating on the stock. "ULVR needs more bottom line juice for our ongoing admiration to turn into renewed conviction." Furthe
Read moreBroker snap: Buy ITV on 'I'm a Celebrity' success, says Panmure
3rd Dec 2012 08:48
Panmure Gordon has reiterated its 'buy' rating and 140p target price for terrestrial broadcaster ITV following recent viewing data for reality TV show 'I'm a Celebrity Get Me Out of Here'. ITV has said that the final of 'I'm a Celebrity" had a peak audience of 10.6m, which was an impressive 47% sha
Read moreFriday broker round-up UPDATE
30th Nov 2012 07:24
Aggreko: Berenberg initiates with a target price of 2010p and a hold recommendation. APR Energy: Berenberg starts with a target price of 610p and a sell recommendation. Babcock International Group: Berenberg initiates with a target price of 1180p and a buy recommendation. Barclays: UBS raises tar
Read moreWednesday Broker round-up UPDATE
14th Nov 2012 07:24
Anglo American: Deutsche Bank reduces target price from 2700p to 2600p, buy recommendation unchanged. Chemring: Credit Suisse reduces target price from 330p to 210p, neutral rating kept. CRH: UBS raises target price from 1110p to 1140p, neutral rating unchanged. Daily Mail and General Trust: Deut
Read moreLondon close: Stocks stage late rally but sentiment still fragile
13th Nov 2012 16:57
- Greece granted two more years to meet target - German sentiment worsens in November - ITV soars nine per cent after third-quarter figures A positive start on Wall Street prompted a rally for equity markets this side of the Atlantic on Tuesday afternoon, as investors temporarily shrugged off conce
Read moreFTSE 100 movers: ITV soars after beating market expectations
13th Nov 2012 14:59
Shares in ITV leapt after the broadcaster beat market expectations, despite net advertising revenue falling in the third quarter. NAR for the 'ITV Family' was down 10% in July, down 9% in August and down 1% in September, after taking a hit from the Olympics and Paralympics, which were shown on the B
Read moreLondon midday: Stocks drop after 'inconclusive' Eurogroup meeting
13th Nov 2012 11:46
- Greece granted two more years to hit targets - German ZEW surprises to the downside - UK inflation picks up in October The Footsie was stuck firmly in negative territory on Tuesday morning as worries about Greece's finances continue to weigh on sentiment, following the Eurogroup meeting yesterday
Read moreBroker tips: ITV, Capita, Cobham
13th Nov 2012 09:54
In spite of a 'positive' third-quarter trading update from terrestrial broadcaster ITV, Investec has retained its 'sell' rating and 75p target price for the stock. Excluding viewing share figures, the broker says that the third-quarter statement is positive with costs and ITV Studio profit coming i
Read moreBroker snap: Investec keeps 'sell' stance for ITV
13th Nov 2012 09:13
In spite of a 'positive' third-quarter trading update from terrestrial broadcaster ITV, Investec has retained its 'sell' rating and 75p target price for the stock. Excluding viewing share figures, the broker says that the third-quarter statement is positive with costs and ITV Studio profit coming i
Read moreLondon open: Stocks drop as Greece given more time
13th Nov 2012 08:29
Concerns about Greece continued to weigh on sentiment on Tuesday morning, causing the FTSE 100 index to fall sharply in early trading. Meanwhile, there was news that China is "actively studying" the expansion of the property tax programme on concerns that transaction volumes and home prices could i
Read moreLondon pre-open: FTSE drops on mounting 'fiscal cliff' fears
13th Nov 2012 07:28
City sources predict the FTSE 100 will open down 24 points from yesterday's close of 5,767, as sentiment remains rather depressed as investors become increasingly concerned over the US's chances of side-stepping the much talked about 'fiscal cliff', a mix of tax hikes and pay reductions totalling $8
Read moreTuesday broker round-up - UPDATE
13th Nov 2012 07:11
Aveva Group: UBS raises target price from 1740p to 1810p and downgrades from neutral to sell. Balfour Beatty: Berenberg downgrades from buy to hold. Bovis Homes Group: Deutsche Bank raises target price from 578p to 599p and maintains buy rating. BTG: Deutsche Bank raises target price from 394p to
Read moreITV expects to outperform rivals in the fourth quarter-UPDATE
13th Nov 2012 07:04
Net advertising revenue (NAR) at ITV fell in the third quarter, but not as much as the rest of the market, the broadcaster said. The company took a hit from the Olympics and Paralympics, which were shown on the BBC. NAR for the 'ITV Family' was down 10% in July, down 9% in August and down 1% in Se
Read moreTuesday preview: Vodafone, ITV
12th Nov 2012 15:56
Interim figures from mobile phone and telecoms giant Vodafone are due out on Tuesday morning, and the market will be looking out for signs of how the macroeconomic and competitive pressures in southern Europe - as highlighted in the first-quarter trading update - have affected revenue. Organic serv
Read moreITV gets upgrade from Standard & Poor's
23rd Oct 2012 09:45
ITV, the commercial television network, has received an upgrade from Standard & Poor's (S&P) rating services with its outlook moving to 'positive' from 'stable'. S&P said the rating reflected its revised assessment of ITV's business risk profile to 'satisfactory' from 'fair', following steady and s
Read more