Tuesday broker round-up UPDATE
4th Feb 2014 09:20
Alumasc: FinnCap ups target price from 142p to 167p and retains its buy recommendation. Barratt Developments: Barclays increases target price from 444.7p to 471.2p and keeps an overweight rating. Bellway: Barclays raises target price from 1498.1p to 1552.6p, but keeps an underweight rating. Berke
Read moreLow & Bonar sees FY results in line after better H2
19th Dec 2013 08:41
High-performance materials supplier Low & Bonar forecast annual profits in line with hopes after a better second half. The group, which provides yarns, fabrics and fibres for industrial uses such as preventing pollution at landfill sites, avoiding coastal and river erosion and reinforcing concrete,
Read moreSector movers: CRH lifts construction and material stocks higher
12th Nov 2013 15:48
Construction and material stocks were making gains on Tuesday, helped by a good performance from Irish firm CRH after a decent turnaround in the third quarter. The FTSE 100-listed building materials stock was trading 3.4% higher at 1,613p before the close of trade after reporting that like-for-like
Read moreMonday broker round-up UPDATE
9th Sep 2013 10:42
Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an
Read moreFriday broker round-up UPDATE
6th Sep 2013 08:01
Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p
Read moreFriday tips round-up: Ophir Energy, Taylor Wimpey, Low & Bonar
5th Jul 2013 06:45
Ophir Energy is looking interesting as an investment proposition, according to The Telegraph's Questor column. The oil and gas explorer has made some significant discoveries in Africa with its partners. It is now the fifth-largest deepwater acreage holder in Africa and the largest net acreage holder
Read moreLow & Bonar profit pummelled as weather interrupts progress
4th Jul 2013 10:53
Industrial fabric maker Low & Bonar reported a sharp decline in half year pre-tax profit as 'abnormal weather across Europe temporarily interrupted progress' but it remains confident of meeting full year expectations as it enters a stronger second half. The Dundee based group which makes monofilam
Read moreLow & Bonar on track for full year
6th Jun 2013 07:30
Industrial fabric maker Low & Bonar said first half profits will be around 2m pounds lower than the previous year but as it enters a traditionally stronger second half, it still expects full year profits to be in line with company expectations. In an update for the six months ended May 31st 2013, t
Read moreMonday broker round-up UPDATE
18th Feb 2013 08:09
AMEC: Deutsche Bank cuts target price from 1350p to 1250p and stays with its buy recommendation. HSBC lowers target price from 1225p to 1200p keeping an overweight rating. Anglo American: Deutsche Bank moves target price from 2260p to 2290p and maintains a buy recommendation. HSBC upgrades to overw
Read moreLow & Bonar Chairman buys 50,000 shares following strong year
6th Feb 2013 16:29
Martin Flower, the Chairman of industrial fabric maker Low & Bonar, announced Wednesday that he had bought 50,000 shares in the company, just one day after the group announced plans to increase its dividend payment by 14.3 per cent. Flower, who has held his role at the company since January 2007,
Read moreLow & Bonar bolsters dividend after annual growth
5th Feb 2013 08:09
Industrial fabric maker Low & Bonar reported profit growth in the last year, despite continued macroeconomic challenge, and said its new financial year had started in line with expectations. The maker and supplier of technical textiles said profit before tax, amortisation and non-recurring items fr
Read moreSector movers: SABMiller and Britvic drag beverage stocks lower
18th Oct 2012 14:41
Beverage stocks were in negative territory on Thursday afternoon with drinks groups SABMiller and Britvic providing a drag. Lager group SABMiller was trading 1.5% lower despite seeing good growth in lager volumes shipped across most regions in the first half of its financial year. Weighing on the s
Read moreTurf business, European construction weigh on Low & Bonar
18th Oct 2012 08:47
Industrial fabric maker Low & Bonar said it continues to expect full year profits to be ahead of last year, however, owing to the losses in at its synthetic turf business Yarns, profits are expected to be slightly below current market expectations. The group said there was persistent weakness at it
Read moreBG Group director sells vested shares
10th Sep 2012 16:01
An Executive Director of natural gas giant BG Group has sold 56,034 shares in the company to cover tax and social security liabilities (and associated dealing costs) following the vesting of 103,890 shares earlier this month. Martin Houston sold the shares for 1,269.07p each for a total of £711,1
Read moreProfit takers strike at Low and Bonar
17th Jul 2012 13:22
Profit taking was in evidence after industrial fabric maker Low and Bonar's interim results were merely in line with expectations. Low & Bonar's shares have been on a good run since the end of May when the company said first half sales and profits would be comfortably ahead of last year. The compa
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