Tuesday broker round-up UPDATE
6th May 2014 08:44
Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps
Read moreLondon pre-open: Small rise expected despite Chinese data, Ukraine
6th May 2014 07:40
UK investors are set to return in a fairly upbeat mood after the bank holiday weekend as they gear up for the latest macro data and are expected to shrug off disappointing Chinese economic figures coupled with the ongoing turbulence in Eastern Europe. City sources predict the FTSE 100 will open ar
Read moreLancashire announces leadership changes at UK arm
6th May 2014 07:05
A new Chief Executive Officer has been appointed at the London arm of Lancashire Holdings, the insurer announced on Tuesday. Group Chief Underwriting Officer Paul Gregory landed the role after playing a "key role" in the development of Lancashire Insurance Company UK (LUK). At the same time, Hayl
Read moreFTSE 250 movers: James Fisher higher on growth expectations
1st May 2014 15:10
James Fisher and Sons, which provides marine services to a range of industries, jumped after giving an upbeat outlook for 2014, saying it expects 'further growth'. Expectations for the full-year remain unchanged at Go-Ahead Group, prompting the transport group higher. The group said trading in the
Read moreLancashire profits miss forecasts in first quarter
1st May 2014 10:41
Insurance group Lancashire Holdings saw a strong increase in gross premiums written in the first quarter and reported an absence of major losses, but profits slipped year-on-year. Nevertheless, the company said that, barring any change in trading conditions, it will return a "substantial portion" o
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreFTSE 250 movers: JD sports climbs on expansion plans
16th Apr 2014 14:19
JD Sports was a strong riser on Wednesday following reports the company is planning to expand overseas amid its recent chain of acquisitions. Its Chief Executive, Barry Brown, was quoted by Retail Week as saying: 'The opportunity is big especially in France and Germany. There are lots of markets we'
Read moreLancashire Holdings founder to leave at end of April
16th Apr 2014 08:08
The founder and Chief Executive Officer (CEO) of Lancashire Holdings, Richard Brindle, has revealed his plans to retire from the group at the end of April. His role will be filled by Alex Maloney, the current Chief Underwriting Officer and CEO of the group's operating subsidiary in the UK, who will
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
Read moreMonday broker round-up UPDATE
7th Apr 2014 10:19
Abcam: Canaccord Genuity lowers target price from 386p to 375p, while upgrading from sell to hold. Aberbdeen Asset Management: Credit Suisse ups target price from 415p to 440p and stays with its neutral rating. AO World: Jefferies initiates with a target price of 410p and a buy recommendation. JP
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreLondon midday: Stocks rangebound ahead of UK Budget, FOMC
19th Mar 2014 11:33
- Osborne's 2014 Budget in focus - Jobless rate, BoE minutes, FOMC meeting - Ukraine-Russia tensions running high - Smiths Group drops on H2 outlook - Ophir plummets, Imagination jumps techMARK 2,817.88 +0.53% FTSE 100 6,595.59 -0.15% FTSE 250 16,366.11 +0.07% Stocks were trading in the red on Wed
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moredotDigital directors each sell 1.5m shares to meet investor demand
26th Feb 2014 15:23
Three dotDigital directors this week each sold 1.5m shares in the software as a service provider to meet strong demand from institutional investors. Chief Executive and Finance Director Peter Simmonds, Chief Technical Officer Simon Bird, and Chief Operating Officer Tink Taylor, each pocketed £447,1
Read moreFriday broker round-up UPDATE
14th Feb 2014 10:26
Assura Group: Liberum Capital shifts target price from 44p to 44.40p and retains a buy recommendation. Barclays: Credit Suisse lowers target price from 270p to 260p and keeps a neutral rating. Bellway: Panmure Gordon raises target price from 1520p to 1639p and maintains a buy recommendation. UBS i
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