FTSE 250 movers: Retail stocks lead rise as footfall decline slows
21st Oct 2014 14:38
Retail stocks were putting in a strong performance on Tuesday after data from BRC-Springboard showed the decline in UK retail footfall eased to 0.9% in September from a 1.1% drop in August. Stocks such as Debenhams, Home Retail, Just Eat, WH Smith and Halfords were all in positive territory. "With a
Read moreTuesday broker round-up UPDATE
21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read moreMonday broker round-up UPDATE
20th Oct 2014 09:48
African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:
Read moreSector movers: Mining stocks continue to rise as China concerns ease
14th Oct 2014 14:20
Mining stocks were on the rise again on Tuesday as share prices continued to rebound after a recent slump. Fears about a global economic slowdown have weighed heavily on equity markets over recent weeks with the mining sector bearing the brunt of the sell-off as commodity prices dropped. However, c
Read moreFTSE 250 movers: Synergy Health soars on Steris Corp buy-out
13th Oct 2014 15:27
Synergy Health shares rocketed after it was announced US-based medical technology group Steris Corp. had agreed to buy the UK company for $1.9bn. Synergy shareholders will be paid 439p a share in cash and 0.4308 shares in the newly combined group, valuing shares in the FTSE 250 group at £1.2bn, or 1
Read moreFTSE 250 movers: Miners lead upside as N Brown brings up the rear
9th Oct 2014 16:12
As on the top tier, mining stocks moved higher as a weaker dollar prompted a jump in gold and silver prices. Recruitment firm Hays has made a "good start" to the new financial year with like-for-like (LFL) net fees up 9% in the first quarter. Fees from temporary positions increased by 7% on a LFL ba
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreFTSE 250 movers: Miners regain recent losses
24th Sep 2014 15:22
Mining group Kazakhmys rose after announcing that it has been awarded a contract for the construction of a sulphide concentrator at Aktogay, its second major copper growth project, to Non Ferrous China (NFC). The sulphide concentrator contract is the largest item in the capital expenditure budget fo
Read moreKazakhmys confirms expenditure at Aktogay will total $2.3bn
24th Sep 2014 07:47
Mining group Kazakhmys has awarded a contract for the construction of a sulphide concentrator at Aktogay, its second major copper growth project, to Non Ferrous China (NFC). The sulphide concentrator contract is the largest item in the capital expenditure budget for Aktogay, it explained, saying it
Read moreLondon close: FTSE ends with modest gains after Scottish vote, Salmond quits
19th Sep 2014 16:44
London-listed stocks ended the final session of the week with decent gains, although the final figure was notably lower than the level seen earlier in the day following the Scottish referendum result. Some 55.3% of Scots voted 'no' to independence from the UK while 44.7% voted 'yes', erasing concern
Read moreFriday broker round-up UPDATE
29th Aug 2014 10:58
Arrow Global: Numis shifts target price from 285p to 287p and leaves its add rating unchanged. Berendsen: Oriel raises target price from 1130p to 1243p keeping a buy recommendation. British Polythene Industries: Investec ups target price from 720p to 750p reiterating a buy recommendation. bwin.pa
Read moreTuesday broker round-up
26th Aug 2014 10:16
Bioquell: N+1 Singer upgrades from hold to buy with an unchanged target price of 112p. Investec cuts target price from 133p to 98p, while upgrading from hold to add. Circle Oil: Investec moves target price from 50p to 70p and maintains a buy recommendation. Clinigen Group: N+1 Singer ups target pr
Read moreFriday broker round-up UPDATE
22nd Aug 2014 08:39
Ashtead Group: Berenberg raises target price from 1110p to 1145p maintaining its buy recommendation. Bank of Georgia: Peel Hunt increases target price from 2416p to 2600p and reiterates a hold recommendation. Boot (Henry): Numis upgrades from add to buy with a target price of 254p. Howden Joinery
Read moreCredit Suisse stays cautious at Kazakhmys despite long-term potential
21st Aug 2014 13:36
Credit Suisse said it sees huge upside potential at Kazakhmys over the medium term but had kept a 'neutral' rating on the stock despite the miner's interim results beating expectations. Earnings before interest, tax, depreciation and amortisation (EBITDA) in the first half totalled $324m, down on t
Read more