Credit Suisse turning positive on asset managers, upgrades Schroders and Jupiter
4th Nov 2014 09:56
Credit Suisse said on Tuesday that it is "turning more positive" on the European asset-management sector as it upgraded its ratings for Schroders and Jupiter Fund Management. Following market weakness at the end of the third quarter and beginning of the fourth, Schroders is now rated 'outperform' (p
Read moreTuesday broker round-up UPDATE
4th Nov 2014 09:32
Aberdeen Asset Management: Credit Suisse ups target price from 440p to 455p and keeps a neutral rating. Anglo Eastern: FinnCap initiates with a target price of 880p and a buy recommendation. Ashmore: Credit Suisse downgrades to underperform. Barclays: Citi moves target price from 300p to 315p stay
Read moreTuesday broker round-up UPDATE
14th Oct 2014 09:17
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. Ashmore: Canaccord Genuity upgrades from sell to hold with a target price of 300p. Numis cuts target price from 369p to 355p retaining an add rating.
Read moreMonday broker round-up UPDATE
13th Oct 2014 09:32
Amino Technologies: Northland Capital upgrades to buy with a target price of 100p. Anglo American: Canaccord Genuity initiates with a target price of 1720p and a buy recommendation. Credit Suisse upgrades to outperform with a target price of 1800p. Associated British Foods: Societe Generale upgrade
Read moreFriday broker round-up UPDATE
10th Oct 2014 09:42
British American Tobacco: Goldman Sachs reduces target price from 3530p to 3250p downgrading to sell. Brown (N) Group: UBS cuts target price from 490p to 445p leaving its buy recommendation unchanged. Diageo: Goldman Sachs reduces target price from 2030p to 1925p and keeps a neutral rating. Dixons
Read moreJupiter appoints Liz Airey chairwoman after Jamie Dundas steps down
2nd Sep 2014 08:33
Jupiter Fund Management has announced that its non-executive chairman, Jamie Dundas, has decided to step down due to ill health. Senior independent non-executive director, Liz Airey, has been appointed as his replacement. Airey, who joined the company shortly before its flotation, was described
Read moreLondon pre-open: FTSE due for small gain ahead of construction PMI
2nd Sep 2014 07:42
London-listed stocks are expected to register a modest gain on Tuesday morning, as investors gear up for a busier second half of the week and see the reopening of US markets after the long weekend. City sources predict the FTSE 100 will open around seven points higher than Monday's close of 6,825.
Read moreMonday broker round-up UPDATE
4th Aug 2014 10:10
Afren: Canaccord Genuity reinstates with a target price of 120p and a hold recommendation. Bodycote: N+1 Singer cuts target price from 850p to 835p, while staying with its buy recommendation. BT Group: Berenberg moves target price from 460p to 475p and maintains a buy recommendation. Espirito Sant
Read moreThursday tips round-up: Jupiter Fund Management, British American Tobacco
31st Jul 2014 09:33
Fund manager Jupiter's shares are set to offer a yield that makes them worth looking at despite analysts' confusion over just how high a payout they can expect from the company. The business model requires relatively low investment. The company had net cash of £170m at the end of the half-year. Abou
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreFTSE 250 movers: Pets at Home jumps after Q1 results
30th Jul 2014 15:55
Like-for-like sales accelerated at retailer Pets at Home in the first quarter, sending the company's shares scampering higher even though the result was against weak figures the prior year. The like-for-like increase of 4.1% was an improvement on the final quarter of the previous year and well ahead
Read moreJupiter Fund Management drops after half year results
30th Jul 2014 13:40
Shares in Jupiter Fund Management were lower on Wednesday after the group revealed that one of its large segregated mandates was expected to redeem later in the year. The news was announced in the group's half-year results, which revealed that assets under management (AuM) had increase to £33.1bn
Read moreMonday broker round-up UPDATE
21st Jul 2014 09:29
APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec
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 moreThursday broker round-up UPDATE
5th Jun 2014 09:37
Aberdeen Asset Management: Liberum Capital initiates with a target price of 555p and a buy recommendation. Ashmore Group: Liberum Capital starts with a target price of 303p and a sell recommendation. ASOS: N+1 Singer places both its target price (prev.: 4100p) and its hold recommendation under rev
Read more