FTSE 250 movers: Keller makes gains after beating expectations
15th May 2013 15:32
Keller, the world's largest independent ground engineering specialist, sparked a share-price surge on Wednesday after saying that results so far this year have beaten its expectations despite mixed conditions worldwide. The company said that while economic conditions across global construction marke
Read moreBroker tips: ITV, easyJet, Keller
15th May 2013 10:50
ITV's first-quarter results were slightly ahead of forecasts, according to Nomura, however the broker said that Wednesday's negative market reaction was due to its cautious outlook for the remainder of the year. "Overall, the transformational plan seems on track with strong studios guidance, cost s
Read moreBroker snap: Jefferies lifts forecasts for Keller
15th May 2013 09:40
Conditions remain mixed for Keller but Jefferies reckons that the engineering company remains well-positioned for a recovery in the US residential markets. The broker has raised its target price for the FTSE 250 stock from 820p to 1,050p after upgrading its 2013 and 2014 profit forecasts by 17% and
Read moreKeller benefitting from recovery in US construction
15th May 2013 08:14
Keller, the world's largest independent ground engineering specialist, sparked a share-price surge on Wednesday morning after saying that results so far this year have beaten its expectations despite mixed conditions worldwide. The company said that while economic conditions across global construct
Read moreKeller bags 35m pound Moscow contract
3rd Apr 2013 08:05
Ground engineering specialist Keller announced that it has won a 35m pound contract for the preparation of a complete excavation pit for a Russian real estate development, construction and building materials company. The contract is part of the development of a new residential complex located in
Read moreMonday broker round-up UPDATE
25th Mar 2013 07:12
Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read moreTuesday broker round-up UPDATE
5th Mar 2013 07:15
Abcam: Investec raises target price from 466p to 484p and keeps a buy recommendation. Numis revises target price from 470p to 530p and maintains its buy ratng. Access Intelligence: Merchant Securities initiates with a target price of 7p and a buy recommendation. Amlin: Canaccord Genuity raises tar
Read moreFormer Guinness Peat Chairman trims his stake...again
19th Dec 2012 16:30
Sir Ron Brierley, a non-executive director of Guinness Peat Group (GPG), sold five million shares in the investment holding company for a second week running. Brierley, a well-known New Zealand investor, offloaded the shares on Wednesday at a price of A$0.47 each (30.31p), pocketing a total of A$2.
Read moreKeller still on track for full year
18th Dec 2012 07:14
Ground engineering specialist Keller said overall market and trading conditions have remained stable since mid November and it remains on track to meet full year guidance. In its interim statement in November the group said 2012 full-year revenue was expected to be around £1.3bn, with full-year pro
Read moreWeek ahead: Keller Group, Carnival Group
15th Dec 2012 19:38
The coming week will begin with investors peering into their rear view mirrors to see what has been the result of the weekend meetings of China´s Central Economic Working Conference, which will set the tone for economic policies for 2013. The results of the weekend Japanese elections will also attr
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreTuesday broker round-up UPDATE
4th Dec 2012 07:35
Anite: Panmure Gordon moves target price from 163p to 165p; buy recommendation kept. Canaccord Genuity raises target price from 143p to 169p and maintains a buy recommendation. Ashtead: Seymour Pierce raises target price from 400p to 460p and reiterates its buy recommendation. Barclays: Credit Sui
Read moreKeller Group ups full year profit guidance
15th Nov 2012 12:43
Keller Group, an international ground engineering specialist, delivered a strong performance in the four months to the end of October, with results coming in ahead of its own expectations and ahead of the same period last year. The group's 2012 full-year revenue is now expected to be around £1.3b
Read moreSector movers: Balfour Beatty's profit warning takes down construction stocks
8th Nov 2012 15:19
Construction and materials stocks were the worst performers for a second consecutive day on Thursday after a profit warning from FTSE 250 constituent Balfour Beatty this morning. Stocks were shaken yesterday after the European Commission cut its forecasts for gross domestic product growth in the Eu
Read moreSector movers: Construction stocks dented by macro concerns
7th Nov 2012 14:42
Construction and materials stocks were the worst performing stocks on Wednesday with blue-chip constituent CRH among the heaviest fallers. After a strong performance in morning trade, UK stock markets swung into the red after the European Commission at noon cut its forecasts for gross domestic prod
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