MoneySupermarket deal gets go-ahead from OFT
9th Aug 2012 09:48
MoneySupermarket.com Group's proposed acquisition of MoneySavingExpert has been given the green light by the the Office of Fair Trading (OFT). Moneysupermarket continues to expect the acquisition to complete in either September or October of this year. The price comparison web site firm is planning
Read moreFriday broker round-up -UPDATE
27th Jul 2012 09:54
African Minerals: Goldman Sachs upgrades to buy. AG Barr: Investec reiterates buy recommendation and 485p target; Shore Capital downgrades to hold; N+1 Brewing downgrades to hold. AstraZeneca: Nordea downgrades to sell. Barclays: Investec maintains buy rating and 240p target. BG Group: UBS cuts
Read moreFriday broker round-up
20th Jul 2012 10:17
Capita: UBS ups target from 725p to 740p, buy rating unchanged. Euromoney: Peel Hunt downgrades to hold. Gulf Keystone: HSBC upgrades to overweight. Halfords: UBS cuts target from 240p to 205p, neutral rating kept; HB Markets upgrades to buy. Hammerson: Bank of America Merrill Lynch downgrades t
Read moreMoneysupermarket.com half year sales shine
11th Jul 2012 08:01
Price comparison site Moneysupermarket.com said half year revenue rose 15 per cent to around £102m for first six months of the year. The group said trading in the second quarter remained strong against a strong comparative last year, which included the sponsorship of Britain's Got Talent. The bo
Read moreMonday broker round-up
9th Jul 2012 08:13
BAE Systems: Jefferies reiterates buy recommendation and 350p target. Britvic: Societe General cuts target from 450p to 400p, buy rating unchanged. Filtrona: Citigroup downgrades to neutral, target lifted from 470p to 515p. Genel Energy: Oriel Securities initiates with buy recommendation. Halfor
Read moreWednesday broker round-up
4th Jul 2012 08:19
African Minerals: Jefferies keeps buy rating and 800p target. Anite: Jefferies raises target from 155p to 160p, buy rating retained. Barclays: Nomura downgrades from neutral to reduce, target cut from 268p to 210p. British American Tobacco: AlphaValue downgrades from add to reduce, target raised
Read moreLondon close: Footsie falls but banking stocks robust
22nd Jun 2012 16:57
- BoE, ECB ease pressure on lenders - Moody's downgrades 15 global banks - Resources stocks weigh on London market Resource stocks were weighing heavily on the FTSE 100 on Friday afternoon, sending the index one per cent lower, despite actions by central banks in the UK and the Eurozone to ease the
Read moreFTSE 250 movers: Michael Page drops after broker downgrade
22nd Jun 2012 15:52
Credit Suisse has downgraded its recommendation for recruitment firm Michael Page International from 'neutral' to 'underperform', saying that on a risk-reward basis, the stock is the 'most vulnerable of the employment agencies given weakening economic conditions'. Heading the other way was price c
Read moreLondon midday: Banks shrug off downgrades, but resources stocks drag
22nd Jun 2012 11:48
- Banks rise in spite of Moody's downgrade - Spanish banks need up to 62bn euros, says private audit - German business confidence falls to two-year low Banks were making gains by midday as they shrugged off a sector-wide downgrade my Moody's, but the Footsie still remained in the red with oil and m
Read moreFriday broker round-up
22nd Jun 2012 10:37
Ashtead: UBS raises target from 320p to 340p, buy rating unchanged. Avon Rubber: Investec downgrades to hold, keeps 315p target. BAE Systems: Investec downgrades to hold, target cut from 360p to 290p Bovis Homes: Liberum Capital downgrades to hold. Cobham: Investec downgrades to sell, target cut
Read moreBroker tips: Sage, ITV, MoneySupermarket.com
20th Jun 2012 11:27
Sage's acquisition of a majority stake in Folhamatic may be expensive, but it looks like a 'strategically sensible' deal, according to Investec which upgraded its recommendation on the stock from 'sell' to 'hold' on Wednesday morning. The broker said: "Clearly, growing by acquisitions make sense to
Read moreBroker snap: Peel Hunt upgrades MoneySupermarket.com to 'buy'
20th Jun 2012 11:26
Peel Hunt has upgraded its rating for comparison website group MoneySupermarket.com from 'hold' to 'buy', following the recent acquisition of MoneySavingExpert (MSE) earlier this month. The firm acquired the personal finance website from journalist Martin Lewis for a consideration of up to £87m, "a
Read moreWednesday broker round-up
20th Jun 2012 09:21
Burberry: Nomura maintains buy recommendation and 1,530p target. Chariot Oil & Gas: Merchant Securities keeps buy rating and 232p target. Home Retail: HSBC downgrades to neutral, target cut from 110p to 100p. Imagination Tech: UBS cuts target from 480p to 470p, neutral rating unchanged. Internat
Read moreWednesday broker round-up - UPDATE
6th Jun 2012 07:57
Chemring: Jefferies reiterates buy rating and 512p target. Bovis Homes: Liberum Capital downgrades to hold, target cut from 525p to 465p. Halfords: Peel Hunt downgrades from hold to sell. Imperial Tobacco: UBS reiterates buy rating and 2,745p target. Logica: UBS downgrades from buy to neutral, t
Read moreThursday broker round-up - UPDATE
19th Apr 2012 09:44
Afren: UBS raises target from 150p to 160p, buy rating unchanged. African Barrick Gold: Investec cuts target from 562p to 404p, hold kept. APR Energy: UBS downgrades from neutral to sell, target slashed from 1,110p to 860p. BHP Billiton: Credit Suisse reiterates outperform recommendation and 2,46
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