Tuesday broker round-up UPDATE
29th Jan 2013 07:26
Anglo American: JP Morgan takes price target from 1630p to 1680p, while its underweight rating remains unchanged. ARM Holdings: Jefferies raises target price from 693p to 805p keeping a hold recommendation. Astra Zaneca: Barclays ups target price from 3100p to 3200p and retains an equal-weight rat
Read moreLamprell shares jump as oil company secures bank waivers
2nd Jan 2013 11:54
Lamprell shares soared to their highest in six weeks on Wednesday after the oil rig maker received banking waivers for its debt facilities. Shares jumped over 15% as the company said it had succeeded in negotiating waivers to its banking covenants which were due to be tested on December 31st. The
Read moreWednesday tips round-up: Thomas Cook, GKN, Lamprell
2nd Jan 2013 07:59
In his column on Tuesday morning the Times´s Tempus sets out his 10 stock picks for the coming year. This time he is concentrating on what he terms, "strong performers with a good dividend yield," which he suspects will play well if interest rates remain low, a couple of corporates he believes the m
Read moreSector movers: Oil services hit by Wood Group disappointment
13th Dec 2012 15:45
Wood Group dragged the oil services sector into the red on Thursday following a pre-close trading update which pointed to mixed trading in its Engineering division. The company said that it expects to deliver "good growth" this year in line with expectations, but shares dropped 3.7% to 740p in afte
Read moreWednesday tips round-up: Homeserve, Halma and Lamprell
21st Nov 2012 06:43
Tempus in The Times says that reading the news headlines and you might have expected Homeserve to have ceased to exist as a viable business. The provider of domestic cover for broken boilers, blocked drains and burst pipes, which was forced to suspend sales and marketing cold-calling last autumn, wa
Read moreTuesday broker round-up UPDATE
20th Nov 2012 07:17
Beowulf Mining: Seymour Pierce initiates coverage with a buy recommendation and a target price of 18p. Berkeley Group: JP Morgan raises target price from 1616p to 1620p, overweight rating kept. Blinkx: Citigroup downgrades from buy to neutral. Compass Group: Investec raises target price from 740p
Read moreLondon midday: Markets rise as concerns over US budget ease
19th Nov 2012 11:35
Stocks advanced on Monday morning as optimistic comments by US lawmakers over the weekend regarding the budget lifted hopes that the government will come to an agreement to avert the impending 'fiscal cliff' by the January 1st deadline. "Today has very little in terms of economic data to be announc
Read moreLamprell shares swing wildly on mixed bag of news
19th Nov 2012 10:49
Shares in Lamprell faltered then jumped after it announced details of even greater losses for 2012, but said it was on the road to recovery. The oil and gas engineering firm now anticipates a total projected loss for 2012 of around $105m. The costs were pinpointed by an independent review of the b
Read moreMonday broker round-up UPDATE
19th Nov 2012 07:34
Aquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreThursday Broker round-up UPDATE
15th Nov 2012 07:21
AMEC: Nomura raises target price from 1240p to 1340p, buy rating remains unchanged. Barclays Capital reduces target price from 1350p to 1320p, underweight rating kept. Atkins (WS): Investec reduces target price from 727p to 700p, hold recommendation maintained. Barr AG: UBS raises target price fro
Read moreSunday newspaper round-up: Greece, BAE Systems, Britain´s banks
7th Oct 2012 18:06
Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and "illogical", board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. Mr Asmussen said that the ECB could not lengthen the time period for loans to Greece
Read moreWednesday broker round-up - UPDATE
3rd Oct 2012 09:06
African Barrick Gold: Westhouse Secuirites raises target from 464p to 495p. AG Barr: Panmure Gordon keeps hold rating and 440p target. AstraZeneca: Panmure Gordon downgrades from buy to hold, target cut from 3,100p to 3,000p. Barclays: UBS downgrades from buy to neutral, 235p target unchanged. B
Read moreLamprell plunges as management purge begins
3rd Oct 2012 08:23
Oil and gas engineering firm Lamprell lost almost 40 per cent of its share value after it said delays and extra costs would make 2012 losses significantly larger than expected. The firm is now set to make wholesale changes at the top, saying "changes to the leadership and senior management team are
Read moreWednesday broker round-up -UPDATE
29th Aug 2012 09:38
888 Holdings: Investec upgrades from sell to buy target hiked from 18p to 95p. Advanced Medical Solutions: Singer Capital Markets upgrades to buy, target lifted from 80p to 82p. AstraZeneca: AlphaValue downgrades to reduce. Bunzl: Jefferies raises target from 835p to 860p, underperform rating kep
Read moreTuesday broker round-up
28th Aug 2012 08:19
Afren: Credit Suisse downgrades to neutral, target cut from 185p to 170p. BHP Billiton: Morgan Stanley cuts target from 2,280p to 2,180p, overweight rating kept. Bunzl: Seymour Pierce raises target from 1,000p to 1,055p, hold recommendation maintained. Cairn Energy: Credit Suisse cuts target from
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