Monday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreMoneysupermarket.com promotes Carnegie-Brown to Chairman post
23rd Jan 2014 10:45
Price comparison website for financial services Moneysupermarket.com announced the appointment of Bruce Carnegie-Brown, the former chair of its remuneration committee, as Chairman of the board. He was set to take up his new responsibilities at the conclusion of the Annual General Meeting (AGM) whic
Read moreTuesday broker round-up
14th Jan 2014 08:02
AMEC: Nomura ups target price from 1230p to 1280p and retains a buy recommendation. Amerisur Resources: Investec shifts target price from 73p to 75p and keeps a buy recommendation. AVEVA: Investec increases target price from 2500p to 2900p upgrading from hold to buy. BHP Billiton: JP Morgan raise
Read moreEnergy switchers boost Moneysupermarket.com profit
14th Jan 2014 07:30
People are switching energy suppliers to avoid price hikes unveiled late last year, helping price comparison site Moneysupermarket.com to forecast higher annual revenue and profit. Moneysupermarket said revenue from energy switching was nearly 200% ahead boosted by announcements about rises in hous
Read moreBroker snap: Take profits at Euromoney, Westhouse recommends
20th Dec 2013 10:57
Westhouse Securities has downgraded its rating for magazine publisher Euromoney Institutional Investor from 'neutral' to 'sell', saying that the stock's valuation is looking stretched. The broker explained that the share price has increased by 12% since it last updated its forecasts and increased i
Read moreBroker tips: Retailers, bwin.party, Moneysupermarket.com
18th Dec 2013 11:22
UBS has downgraded its ratings for both Marks & Spencer and ASOS from 'buy' to 'neutral', highlighting higher levels of promotional spend across the industry as of late. "The clothing retailers look to have pressed the panic button this year as subdued real disposable income, weak footfall and warm
Read moreBroker snap: CC report is 'good news' for Moneysupermarket.com, says Westhouse
18th Dec 2013 10:29
Westhouse Securities has maintained its 'add' rating and 209p target price for price-comparison website Moneysupermarket.com (MONY) after the Competition Commission's (CC's) report into the private motor insurance market. The competition watchdog announced on Tuesday that car insurance was too high
Read moreCar insurance too high, says Competition Commission
17th Dec 2013 13:12
The UK competition watchdog is planning new measures to reform the car insurance market after its investigation into the industry found the cost to consumers was too high. The Competition Commission said drivers were footing the bill for unnecessary costs incurred during the claims process followin
Read moreLondon close: FTSE 100 ends flat as investors turn cautious
6th Nov 2013 16:46
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.56 +0.23% FTSE 100 6,741.69 -0.08% FTSE 250 15,403.83 +0.24% UK markets ended broadly flat on Wed
Read moreFTSE 250 movers: Moneysupermarket.com soars on earnings guidance
6th Nov 2013 15:04
Price-comparison group Moneysupermarket.com soared after lifting its earnings guidance following a "very strong" start to the fourth quarter boosted by energy-switching customers irked by utility price hikes. Transport firm FirstGroup was also higher after it said half-year losses narrowed as stron
Read moreBroker tips: AB Foods, Experian, Moneysupermarket
6th Nov 2013 11:32
Associated British Foods was performing well on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p following an 'outstanding performance from Primark'. UBS, which kept its 'buy' rating for the stock, said
Read moreLondon midday: Stocks edge higher as UK industrial output improves
6th Nov 2013 11:24
- Investors cautious ahead of busy end to the week - UK industrial production beats forecasts - Experian drops after acquisition, H1 report - Moneysupermarket rockets on bullish outlook techMARK 2,653.06 +0.21% FTSE 100 6,751.32 +0.07% FTSE 250 15,421.84 +0.35% Stocks were registering small gains
Read moreBroker snap: Canaccord upgrades Moneysupermarket after Q3 beat
6th Nov 2013 10:38
Canaccord Genuity has raised its rating for price-comparison website Moneysupermarket.com Group (MONY) from 'hold' to 'buy' after the firm's better-than-expected third-quarter update on Wednesday. "MONY pointed to flat July revenues at the time of its interim results on July 31st, but has seen a pi
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreMoneysupermarket flies on hiked full-year earnings guidance - UPDATE
6th Nov 2013 07:41
- EBITDA up 26 per cent in Q3 - Sales up 6 per cent - Full year EBITDA guidance lifted Earnings guidance for the full year was lifted by a bullish Moneysupermarket.com Group after a "very strong" start to the fourth quarter boosted by energy-switching customers irked by utility price hikes. The F
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