Broker Tips: Stagecoach, Colt, Land Securities, Betfair
1st Jul 2015 10:51
RBC Capital Markets downgraded Stagecoach to 'sector perform' from 'outperform' but raised the target price to 425p from 395p. After minor forecast changes, the brokerage said it remains positively disposed to the company's strategy but sees the 12-month outlook now almost accommodated in the share
Read moreLondon midday: Stocks pare losses after retail sales, but Greece still a concern
18th Jun 2015 11:19
An unexpected rise in UK retail sales helped to limit downside on London's stock market on Thursday, though ongoing concerns about Greece ensured that shares stayed at a five-month low. The FTSE 100, which fell to its lowest since January on Wednesday, was down 0.11% a 6,673.18 by midday. Neverthel
Read moreLondon open: Stocks fall for fifth day ahead of Eurogroup meeting on Greece
18th Jun 2015 09:06
Decent gains in the mining sector weren't enough to lift UK stocks on Thursday morning, with markets extending a five-month low on concerns over Greece. The FTSE 100, which fell to its lowest since January on Wednesday, was down a further 0.11% at 6,672.96 early on, marking the fifth consecutive ses
Read moreFTSE 100 movers: Supermarkets hit by Credit Suisse note, property stocks lower
17th Jun 2015 13:35
UK stocks dipped on Wednesday, led by sector weakness in supermarkets and property, which overshadowed gains made by construction, telecommunications and mining stocks. As of 15:00 BST, the FTSE 100 was trading 0.26% lower at 6,693. Supermarket rivals Morrisons, Sainsbury's and Tesco fell after Cre
Read moreLondon open: FTSE 100 nears three-month low as Greek talks collapse
15th Jun 2015 08:44
A collapse in Greek debt talks hit UK stocks on Monday morning, putting the FTSE 100 on track for its lowest finish in three months. The FTSE 100 was trading 0.69% lower at 6,738.21 early on; it has not closed below this level since 11 March when it settled at 6,721.51. Markets across Europe were f
Read moreSector movers: Oil and gas stocks rise, as big tobacco, REITs trade lower
2nd Jun 2015 13:32
The benchmark FTSE 100 continued to lurk below the 7,000 level on Tuesday, as big tobacco and Real Estate Investment Trusts traded lower in London. At 1610 BST, the blue chip index was broadly flat at 6953.36 down a mere 0.22 points, as a class-action lawsuit in Canada ruled that British American To
Read moreSector Movers: REITs, travel and software stocks climb
1st Jun 2015 14:08
Real Estate Investment Trusts, travel & leisure and software & IT services shares provided a modicum of stability on Monday, even though the London market stayed marginally in negative territory. The FTSE 100 closed down 0.44% at 6,953.58 with natural resources related shares, especially oil and min
Read moreMonday broker round-up
1st Jun 2015 09:48
Lamprell: Citi reiterates neutral recommendation and raises target to 155p. British Land: JP Morgan ups target to 970p from 950p and stays at overweight. Derwent London: JP Morgan raises target to 3,900p from 3,800p but keeps at overweight. Great Portland Estates: JP Morgan lifts target to 920p fr
Read moreWednesday broker round-up
20th May 2015 13:36
BHP Billiton: Credit Suisse reiterates outperform and 1,350p target. Associated British Foods: Credit Suisse reiterates outperform and 3,250 target. BP: RBC Capital ups target to 500p from 490p and reiterates outperform. Royal Dutch Shell: Canaccord Genuity reiterates buy and 2,275p target. Vedan
Read moreSector movers: Miners weigh on FTSE, real estate continues to rally
19th May 2015 17:27
Industrial metals and mining provided the biggest drag on the FTSE on Tuesday, with giants BHP Billiton and Rio Tinto registering some of the biggest losses. BHP Billiton, by the far the UK's biggest miner, extended Monday's decline, which was driven by the disappointing Australian debut of its spin
Read moreFTSE 100 movers: BHP Billiton extends losses, Land Securities surges on higher dividend
19th May 2015 13:15
UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:40GMT, the FTSE 100 was trading 28 points higher a
Read moreBroker tips: DCC, Vodafone, Land Securities
19th May 2015 11:31
Support services group DCC maintained its track record after another year of strong earnings growth, analysts at Berenberg said in a note on Tuesday. Dublin-based company said its pre-tax profit for the year to 31 March rose 8.1% year-on-year to £163.3m, while earnings before interest, tax, deprecia
Read moreLand Securities full year NAV 5% better than consensus, says SocGen
19th May 2015 10:52
Land Securities' full year reported net asset value beat consensus by 5%, while adjusted earnings per share were in line, Societe Generale said in a note on Tuesday. The French bank said that adjusted diluted NAV per share of 1,293p was 3% above its in-house forecast of 1,251p, while the dividend of
Read moreLondon open: FTSE rises ahead of inflation reading
19th May 2015 08:25
London investors began in more optimistic mood than was expected on Tuesday, boosted by bullish comments from the European Central Bank. The FTSE 100, which had been expected to move lower on worries of a US rate hike, spiked through the 7,000 mark for the third day running, standing at 7,001, up 0.
Read moreLondon pre-open: Stocks set to rise ahead of UK inflation data
19th May 2015 07:21
London's blue chip equities are expected to rise on Tuesday morning as the economic data schedule picks up after a quiet start to the week. City sources predict the FTSE 100 will open 13 points higher than Monday's close of 6,968.87. The UK consumer price index will be in focus for investors when i
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