Week Ahead: Compass, Johnson Matthey, brewing & pubs groups
16th Nov 2012 12:44
Contract caterer Compass will give investors food for thought on Wednesday when it releases full year results. The market has pencilled in a figure of £16,869m for revenue, which is a lot of sausage rolls and crudités in anyone's language. Profit before tax is expected to break through the billion
Read moreBroker tips: Vodafone, AMEC, Johnson Matthey
14th Nov 2012 11:27
UBS has reiterated its 'buy' recommendation for telecoms firm Vodafone in spite of some disappointing second-quarter trends in Europe, as it remains upbeat about the Verizon Wireless (VZW) contribution to the group. "Again cuts to European forecasts are offset by a rise in the associate contributio
Read moreBroker snap: Credit Suisse cautious on outlook for Johnson Matthey
14th Nov 2012 09:15
Credit Suisse has retained its 'neutral' rating for speciality chemicals group Johnson Matthey, saying that while the outlook is negative, it is already priced in. The broker highlighted that Johnson Matthey has traded more or less flat over the summer, down just 0.4% over the last three months, un
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 moreFriday broker round-up
26th Oct 2012 10:00
African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept. APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept. ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral
Read moreLondon close: Economists see MPC taking QE off the table
25th Oct 2012 16:45
- UK and US data beats expectations - UK QE off the table for November's meeting, say analysts - Miners provide a drag on the Footsie Stocks pared gains to finish flat by the close on Thursday despite a barrage of better-than-expected data the world over - including UK gross domestic product (GDP)
Read moreSector movers: BASF and AZ Electronic provide a catalyst for chemicals
25th Oct 2012 15:48
The chemicals sector was in its element on Thursday afternoon after some well-received results from German chemicals giant BASF and FTSE 250 firm AZ Electronic Materials. The company, which reported 8.0% sales growth in the third quarter to €19.01bn, said that it still remains on track to hit its f
Read moreFTSE 100 movers: Carnival rises on Royal Caribbean's outlook
25th Oct 2012 15:14
Cruise operator Carnival rose three per cent, making it the top riser among FTSE 100 stocks in afternoon trade, buoyed by news that its US rival Royal Caribbean has raised its full-year forecast. Carnival had to cut prices to get people back on board with the idea of cruise holidays after the Costa
Read moreTuesday broker round-up
23rd Oct 2012 09:23
Aggreko: UBS cuts target from 2,750p to 2,550p, buy rating kept. ARM Holdings: Investec keeps buy rating and 800p target. Avacta: Panmure Gordon keeps buy rating and 1.75p target. AZ Electronic: Canaccord Genuity ups target from 360p to 376p, buy rating kept. Babcock: JPMorgan Cazenove ups targe
Read moreLondon close: Stocks decline after Caterpillar earnings
22nd Oct 2012 16:28
- Caterpillar disappoints with guidance - Kenny-Merkel statement apparently overinterpreted -DPA - BP falls after confirming Rosneft deal After a brief stint in positive territory, UK stocks fell into the red by the close on Monday after some disappointing guidance for US economic bellwether Caterp
Read moreMonday broker round-up - UPDATE
8th Oct 2012 08:03
AMEC: Investec keeps buy rating and 1,300p target. Aquarius Platinum: Panmure Gordon keeps buy rating and 163p target. BAE Systems: Societe Generale upgrades to hold, target lifted from 300p to 350p. British American Tobacco: Nomua raises target from 3,500p to 3,506p, buy rating kept. BSkyB: Nom
Read moreFTSE 100 movers: Miners rise following positive US jobs report
5th Oct 2012 15:24
Blue-chip mining stocks were registering impressive gains following decent figures in the US jobs report, which has eased concerns about the global economy and worries about the demand for commodities. ENRC, Kazakhmys, Evraz, and Vedanta, were among the risers. Luxury brand Burberry rose after Mor
Read moreFTSE 100 movers: Tesco shares continue to fall
4th Oct 2012 16:17
Tesco shares continued to fall on Thursday, following a disappointing set of second quarter results from the supermarket giant the previous day. Knocking investor sentiment further was broker Exane BNP Paribas, which cut its targe on the stock from 325p to 300p, and maintained its underperform ratin
Read moreDirectors' deals balance the scale at Advanced Computer Software
18th Sep 2012 17:08
Advanced Computer Software Group has reported separate deals by two of its directors, more or less balancing each other out. The deals were made on Monday, when the healthcare and business management software provider said it expects revenues to have climbed by a fifth in the six months to the end
Read moreThursday broker round-up - UPDATE
6th Sep 2012 09:00
Abcam: Canaccord Genuity keeps hold rating and 370p target. AG Barr: Societe Generale upgrades ot hold, target lifted from 370p to 440p. ASOS: Nomura ups target from 1,660p to 1,700p, neutral rating kept. Barclays: Credit Suisse downgrades to neutral, target cut from 215p to 200p. BG Group: Gold
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