Monday broker round-up UPDATE
15th Apr 2013 09:50
African Barrick Gold: Citigroup cuts target price from 267p to 175p and keeps its sell recommendation. African Minerals: Goldman Sachs lowers target price from 420p to 410p keeping a buy recommendation. Citigroup moves target price from 440p to 430p and retains a buy recommendation. Anglo American
Read moreBreedon Aggregates reaches deal to buy quarries from Marshalls
12th Apr 2013 07:51
Breedon Aggregates, the largest independent aggregates group in the UK, has reached an agreement to buy certain assets from landscaping specialist Marshalls. This follows an announcement earlier this week that they were in discussions concerning a number of quarries solely supplying aggregates, san
Read moreSunday share tips: Lonmin, Marshalls, Robert Walters
7th Apr 2013 23:04
The current head of engineering at Anglo American´s platinum operations, Ben Megara, will take over troubled miner Lonmin in July. He has inherited a basket case. The company´s production was shuttered for six weeks last year, due to 'wild-cat' strikes at its main Marikana mine, which was only solve
Read moreThursday broker round-up UPDATE
4th Apr 2013 07:32
Aviva: Bank of America cuts target price from 350p to 335p, while its neutral rating remains unchanged. Barratt Developments: Credit Suisse revises target price from 223p to 317p, while staying with its neutral rating. Bellway: Credit Suisse moves target price from 1202p to 1639p and leaves its ou
Read moreMonday broker round-up UPDATE
11th Mar 2013 07:23
Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreMarshalls hit by rain and economy
4th Jan 2013 07:57
Marshalls, the landscape and garden products firm, said a mixture of appalling weather and tough trading led to a seven per cent drop in revenue over the last year. Current group trading is in line with expectations, the firm added in the update. Revenue for the year ended 31st December 2012 was £
Read moreGeronimo Inns MD offloads shares in parent group Young's & Co
18th Dec 2012 17:00
Rupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
Read moreThursday broker round-up
8th Nov 2012 09:01
AB Foods: Credit Suisse ups tagged from 1,300p to 1,450p, outperform rating kept. Aviva: Panmure Gordon keeps buy rating and 425p target. Balfour Beatty: Panmure Gordon keeps buy rating and 310p target. BTG: Jefferies keeps hold rating and 360p target; Panmure Gordon keeps hold rating and 400p t
Read moreSector movers: Construction stocks dented by macro concerns
7th Nov 2012 14:42
Construction and materials stocks were the worst performing stocks on Wednesday with blue-chip constituent CRH among the heaviest fallers. After a strong performance in morning trade, UK stock markets swung into the red after the European Commission at noon cut its forecasts for gross domestic prod
Read moreMarshalls hit by second-quarter downpour
31st Aug 2012 10:16
Marshalls, the landscape, driveway and garden products firm, says it's been hit by the wettest second quarter on record and a deteriorating outlook for the construction sector. Revenue for the six months ended June 30th was £167.5m, a decrease of 5% on the same period of last year. Sales to the pu
Read moreFriday preview: Bernanke, bwin.party, Marshalls
30th Aug 2012 16:08
The big event on Friday is set to be the speech by Federal Reserve Chairman Ben Bernanke at the central banker's economic symposium at Jackson Hole, Wyoming. The market has been in a state of virtual paralysis this week ahead of the statement and there is a danger that, unless Bernanke breaks with
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 moreSector movers: US jobs data sees investors flee from risk
6th Jul 2012 15:14
With disappointing jobs figures from the US prompting a sell-off in global stock markets, the defensive sectors were benefitting from the risk-off environment. The US Labor Department revealed that 80,000 non-farm payrolls were added in June, less than the 100,000 expected by analysts. The jobless
Read moreFriday broker round-up
6th Jul 2012 09:35
Aviva: SocGen upgrades to hold from sell. Aberdeen: UBS cuts target from 310p to 300p, buy rating unchanged. Associated British Foods: Nomura raises target from 1,375p to 1,400p, buy recommendation unchanged. AstraZeneca: Jefferies downgrades from buy to hold, target left at 2,975p. AVEVA: Beren
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