Friday broker round-up - UPDATE
19th Oct 2012 09:00
Aggreko: Jefferies keeps buy rating and 2,800p target; Seymour Pierce keeps buy rating and 2,500p target; Panmure Gordon cuts target from 2,228p to 2,159p, hold rating unchanged. Alliance Pharma: umps upgrades to buy, target lifted from 32p to 37p. Avacta: Panmure Gordon keeps buy rating and 1.75p
Read moreIG Group's COO more than halves stake
24th Sep 2012 16:35
Peter Hetherington, the Chief Operating Officer of spread betting firm IG Group has more than halved his stake in the company just a fortnight after it reported a decline in first quarter revenue, as it ran up against strong figures from a year earlier, when markets were particularly volatile. Het
Read moreBroker snap: Panmure Gordon says to take profits in Wolseley
20th Sep 2012 13:18
After a strong run in the share price, passing their target price on the way, analysts at Panmure Gordon believe it is time to lock in some profits on Wolseley. Hence, they cut their recommendation from Buy to Hold, while maintaining their 2500p target price. Of interest, they indicate that,"havi
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 moreKeller lifts guidance on improving markets
30th Jul 2012 10:46
Keller Group, the engineering group which specialises in ground projects like putting foundation piles in for bridges, had a strong morning after upgrading its full year profit forecasts. The group says there has been a recovery in most of its main markets, including Australia and the USA. The rec
Read moreSector movers: CRH cements gains in construction sector
27th Apr 2012 15:48
Construction stocks were performing well on Friday with FTSE 100 building materials group CRH providing a lift to the sector. CRH, which manufacturers and distributed material products to the construction industry, was up nearly 4% in afternoon trade after JP Morgan Cazenove upgraded its rating on
Read moreSmall caps round-up: Scancell, Keller, Goldenport...
9th Mar 2012 08:14
Scancell Holdings, a developer of therapeutic cancer vaccines, has announced that its protein ImmunoBody vaccine patent has been approved in the US. The patent, which has already been approved in Europe and Australia, will further strengthen Scancell's IP position around its proprietary ImmunoBody v
Read moreKeller's green credentials key in Malaysian contract win
20th Feb 2012 13:09
Keller Group, the international ground engineering specialist, has been awarded a contract by Brazilian mining giant Vale to build the foundations for a major iron ore distribution facility in Lumut, Malaysia. Work on the contract, which is worth about £30m, is expected to commence in March and to
Read moreSector movers: Lafarge boosts demand for UK construction stocks
17th Feb 2012 16:28
Better-than-expected results from French cement maker Lafarge provided a lift to the UK construction and materials sector on Friday, with constituents finishing the day up an average 4.24%. Shares in Lafarge surged 8.26% in Paris today after reporting a forecast-beating fourth quarter operating pro
Read moreKeller awarded £120m contract at Chevron plant
13th Jan 2012 07:54
Ground engineering specialist Keller has been awarded a piling installation contract at a liquefied natural gas (LNG) plant in Australia, worth over A$180m (£120m). Keller's Australian division has secured the "key" contract with Bechtel Australia Pty which will involve the procurement, installatio
Read moreThursday broker round-up - UPDATE
15th Dec 2011 08:48
Hays: Barclays initiates at outperform. Morgan Crucible: Goldman Sachs upgrades to buy from neutral. Hargreaves Lansdown: Citi cuts to neutral from buy. Cairn Energy: Investec keeps hold, target cut from 333p to 291p. Betfair: UBS raises target from 620p to 625p, sell rating unchanged. Logica:
Read moreShare price fall for Keller on profit warning
15th Nov 2011 15:00
Ground engineering specialist Keller, lost almost 16% of its share price after warning that its full-year profit before tax to be below market expectations and in the range of £21m to £23m. The news comes despite revenue set to be in line with forecasts at £1.15bn. Trading in the US and Europe h
Read moreSector movers: Keller weighs down construction stocks
1st Aug 2011 15:37
Ground engineering specialist Keller was lower on Monday, providing a drag on the construction and materials sector. The group's shares edged 0.13% lower to 449p after it revealed a massive 70% drop in half-year pre-tax profit following floods in Australia and geopolitical issues in the Middle East
Read moreKeller profit dives on Australia floods, Mideast unrest
1st Aug 2011 08:10
Ground engineering specialist Keller revealed a massive 70% drop in half-year pre-tax profit following floods in Australia and geopolitical issues in the Middle East and North Africa. However the group expects results for the full year to remain within the current range of market expectations afte
Read moreLondon close: Rally continues as Greek fears ease
30th Jun 2011 16:38
The rally continued Thursday, helping the top share index move back towards the 6,000 point mark it had been flitting around from the beginning of the year until the escalation of the Greek debt crisis. The Greek parliament's second vote on the proposed new austerity measures provided further chee
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