Friday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read moreFriday tips round-up: Shell, Micro Focus International
20th Jun 2014 08:15
Shares of oil major Shell are running near the top end of their recent trading range. Nevertheless, they are still attractive, according to The Times' Tempus column. The company is fully on track to meet its goal to divest $15bn in assets this year. In fact, just this week it announced its intenti
Read moreBroker tips: Rolls-Royce, BG Group, Micro Focus, SuperGroup
19th Jun 2014 13:19
Investec has kept a 'buy' rating for Rolls-Royce, labelling the engineer as a "shareholder-friendly diversified financial" after a potential £1bn share buyback was announced on Thursday. "We do not believe the share buyback was expected by investors and, as such, we think it is likely to be taken v
Read moreNumis sees "further good upside" at Micro Focus
19th Jun 2014 12:53
Numis Securities has upgraded its forecast for Micro Focus after the software group beat guidance and analysts' forecasts on Thursday. While the broker has lowered its recommendation for the stock from 'buy' to 'add', it still said that the "rating is not demanding and we see room for further good
Read moreLondon midday: Fed's low-rate promise gives UK stocks a boost
19th Jun 2014 11:37
- Interest rates to stay low for long time, says Yellen - Fed tapers QE by a further $10bn - UK retail sales fall 0.5% in May - Rolls-Royce unveils £1bn buyback techMARK 2,826.40 +0.77% FTSE 100 6,832.94 +0.80% FTSE 250 15,794.83 +1.09% Strong gains from Rolls-Royce, SuperGroup and housing stocks
Read moreThursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
Read moreLondon open: UK stocks jump post-Fed, Rolls-Royce gains
19th Jun 2014 08:30
- Fed tapers by $10bn a month - Yellen says rates to stay low - UK retail sales, US jobless claims on tap - Rolls-Royce unveils £1bn buyback techMARK 2,823.77 +0.67% FTSE 100 6,827.27 +0.72% FTSE 250 15,752.09 +0.82% UK stocks rose strongly on Thursday, helped by some decent gains from Rolls-Royce
Read moreMicro Focus enjoys strong close to the financial year
19th Jun 2014 07:34
- Growth picks up in second half of financial year - Increases final dividend payment - Expects low single digit revenue growth in the medium term Software group Micro Focus said it enjoyed a solid year of progress, with growth picking up in the second half, and looking ahead expects low single-dig
Read moreTuesday broker round-up UPDATE
20th May 2014 07:58
Alent: UBS lowers target price from 360p to 355p and keeps a buy recommendation. APR Energy: Investec reduces target price from 1150p to 880p and stays with its hold recommendation. ARM Holdings: Goldman Sachs reduces target price from 1450p to 1400p and stays with its buy recommendation. AVEVA H
Read moreMicro Focus International eyes growth at top end of hopes
19th May 2014 15:03
Business software group Micro Focus International forecast annual growth at the top end of hopes after a satisfactory end to the year. FTSE 250-listed Micro Focus said year-on-year growth in total revenue at constant currencies was likely to be at the upper end of the 3% to 6% guidance range. Unde
Read moreFTSE 250 movers: Rate cut sends SuperGroup sliding
19th May 2014 14:44
A recommendation cut from Oriel Securities knocked more than 5% off of SuperGroup's share price. The broker changed its recommendation to 'reduce' from 'hold', saying "we are starting to ask ourselves whether there is something more fundamental afoot" with the decline in its like-for-like sales, whi
Read moreLondon open: Stocks fall after China data and mixed corporate news
15th Apr 2014 08:28
- Chinese new credit falls in March, money supply slows down - Corporate earnings/updates receive mixed reaction - Economic data in focus later on techMARK 2,645.66 +0.12% FTSE 100 6,571.94 -0.18% FTSE 250 15,761.41 +0.38% UK stocks opened with small losses on Tuesday morning after yet more disapp
Read moreMicro Focus to separate roles of Chairman and CEO
15th Apr 2014 08:12
Software group Micro Focus has announced that it will separate the roles of Chairman and Chief Executive Officer (CEO) over the next two years. Kevin Loosemore has been Executive Chairman at Micro Focus since his appointment in April 2011. "Whilst this is contrary to the Combined Code [on corporat
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 moreThursday broker round-up UPDATE
27th Mar 2014 09:02
Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom
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