Monday broker round-up
15th Oct 2012 09:33
Anglo American: Goldman Sachs downgrades to sell. Antofagasta: Goldman Sachs downgrades to neutral, target cut from 1,150p to 1,100p. Asian Plantations: Panmure Gordon cuts target from 400p to 380p, buy rating kept. AVEVA: Panmure Gordon keeps hold rating and 1,878p target. Bellzone Mining: Gold
Read moreITV buys Finnish indie
8th Oct 2012 11:25
Terrestrial broadcaster ITV has continued its policy of reducing its dependency on its home market with the acquisition of Finnish producer Tarinatalo. Together with the recently acquired Norwegian independent producer Mediacircus, the acquisition provides ITV Studios, which already has a base in S
Read moreWednesday broker round-up - UPDATE
3rd Oct 2012 09:06
African Barrick Gold: Westhouse Secuirites raises target from 464p to 495p. AG Barr: Panmure Gordon keeps hold rating and 440p target. AstraZeneca: Panmure Gordon downgrades from buy to hold, target cut from 3,100p to 3,000p. Barclays: UBS downgrades from buy to neutral, 235p target unchanged. B
Read moreLondon close: Stocks maintain gains despite mixed data
14th Aug 2012 17:06
- Eurozone GDP in line - German and French data beats expectations - UK inflation rises in July Some better-than-expected economic growth data from Germany and France helped UK stocks hold on to gains on Tuesday; although London's benchmark index, the FTSE 100, was trading within a narrow range of
Read moreBroker tips: Standard Life, ITV, Micro Focus
14th Aug 2012 12:35
Panmure Gordon has raised its recommendation for insurance giant Standard Life from 'hold' to 'buy' and hiked its target price for the stock from 240p to 295p, saying that the group was 'shooting the lights out' with its first-half results. "These interim results are very strong and we believe will
Read moreLondon midday: United Utilities leads stocks higher
14th Aug 2012 11:33
- UK CPI inflation rises in July - Eurozone GDP falls in line with forecasts - United Utilities up on takeover speculation The Footsie had moved broadly sideways in morning trade on Tuesday, holding on to the gains made in the opening hour, as investors digested a barrage of economic data from home
Read moreBroker snap: ITV's transformation on track, Nomura upgrades
14th Aug 2012 10:12
Nomura decided to upgrade its rating for terrestrial broadcaster ITV last night from 'neutral' to 'buy', saying that the current share price does not reflect the group's future potential. "ITV's recent 1H 12 results marked the halfway stage of management's five-year transformational plan to streaml
Read moreTuesday broker round-up
14th Aug 2012 09:29
BTG: Jefferies cuts target from 410p to 360p, hold rating kept. Capital & Counties: Jefferies initiates coverage with buy rating and 249p target. Centamin: Investec maintains buy rating and 95p target. Daily Mail & General Trust: UBS raises target from 380p to 465p, neutral rating kept. Dragon O
Read moreTuesday broker round-up
31st Jul 2012 09:19
Dignity: N+1 Brewin upgrades to add, target raised from 880p to 950p. Diploma: Jefferies reiterates buy rating and 510p target. Elementis: N+1 Brewin upgrades to buy, target upped from 220p to 230p. EnQuest: HSBC upgrades to overweight, target lifted from 135p to 143p. Faroe Petroleum: Nomura ra
Read moreLondon close: Markets surge on Draghi's euro pledge
26th Jul 2012 16:48
- Stocks surge on comments from ECB head - Peripheral bond yields drop - Rolls, ITV and Unilever lead gainers on Footsie Mario Draghi's pledge to do whatever it takes to save the euro saw stocks worldwide rocket toda,y as markets attempt to regain lost ground from the steep sell-off earlier this we
Read moreFTSE 100 movers: ITV leaps as Shell shares decline
26th Jul 2012 15:05
Broadcaster ITV surged after reporting double-digit revenues and profit growth in the first half, as its 'Transformation Plan' "continues to gain momentum", according to CEO Adam Crozier. Power systems group Rolls-Royce advanced after saying that underlying revenues and pre-tax profits rose 5% and
Read moreLondon midday: Stocks jump after Draghi comments
26th Jul 2012 11:43
- Draghi pledges to do whatever it takes - Greece still on investors' minds - Markets digest a ton of results After a pretty flat start on the back of a flurry of mixed corporate earnings in London, the Footsie rocketed in late morning after some comments from the European Central Bank (ECB) Presid
Read moreBroker snap: Investec stays a seller of ITV on Q3 outlook
26th Jul 2012 10:54
Investec has reiterated its 'sell' rating and 60p target price for broadcaster ITV saying that the outlook for third-quarter net advertising revenues (NAR) is 'as bad as expected'. First-half figures were just above Investec's forecasts but the third-quarter outlook was "gloomy", the broker said in
Read moreThursday broker round-up
26th Jul 2012 10:41
ARM: UBS ups target from 630p to 645p, buy rating kept. Bodycote: Investec cuts target from 410p to 355p, buy rating kept. BSkyB:Jefferies keeps hold rating and 700p target; Investec keeps hold rating and 680p target. Capita: Jefferies ups target from 750p to 795p, buy rating kept. Capital & Cou
Read moreITV doubles divi as underlying profits jump
26th Jul 2012 10:07
Terrestrial broadcaster ITV gave its shareholders something to smile about after it doubled its interim dividend to 0.8p on the back of increased revenues and a 15 per cent rise in profit before tax for the half year. Adjusted profit before tax came in at £235m, compared to £204m the previous year
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