Thursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreMothercare returns to half-year profit
21st Nov 2013 08:40
- Returns to half-year profit - UK losses reduced, strong International performance - Expects UK spending to remain subdued Mother and baby products retailer Mothercare returned to profit in the first half of its financial year, its first interim underlying profit since 2010/11, as the UK reduced
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreSector movers: Burberry, M&S drag peers lower
7th Oct 2013 15:39
Personal goods and retail stocks were out of favour on Monday with sector giants Burberry and Marks & Spencer providing a drag. Shares in British luxury brand Burberry were under heavy selling pressure after its Chief Executive Officer Angela Ahrendts told French newspaper Les Echos that the slowdo
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreMothercare's first quarter disappoints despite international gains
18th Jul 2013 07:58
Baby products retailer Mothercare disappointed with first quarter results after its transformation and growth plans were held back by worse UK numbers than expected. A 7.9% slump in total UK sales in the 15 weeks to July 13th dragged total group sales down 3.4%, worse than the 3.0% analysts had pen
Read moreThursday preview: Bernanke addresses Senate Banking Committee
17th Jul 2013 13:39
Federal Reserve Chairman Ben Bernanke will on Thursday testify in front of the Senate Banking Committee, a day after addressing the House Financial Services Committee. His monetary policy report to the US Congress this week is likely to be his last as he is expected to step down in January. In hi
Read moreSunday share tips: Mothercare, G4S, Eckoh
14th Jul 2013 12:06
At Mothercare´s annual meeting - this Thursday - new Chief Executive Simon Calver is expected to deliver a progress report on his planned three-year turnaround. Critically, given that the outcome for the full-year is forecast to be a drop of 2.5 per cent in like-for-like sales, it would be surprisin
Read moreBroker tips: Aberdeen, Prudential, Mothercare
12th Jul 2013 12:00
The recent share price fall at Aberdeen Asset Management over the past month has been overdone, according to UBS, which reiterated its 'buy' rating for the stock on Friday. "The market is pricing in outflows in emerging market (EM) equities; while we expect these to have slowed, we note that Aberde
Read moreBroker snap: Panmure upgrades Mothercare on online potential
12th Jul 2013 11:24
Panmure Gordon has upgraded its rating for Mothercare from 'sell' to 'hold' ahead of its first-quarter trading update next week which should benefit from soft comparatives with last year. The broker said that one the key reasons behind it's previous 'sell' rating was the company's weakness online,
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
Read moreMonday broker round-up UPDATE
3rd Jun 2013 07:22
Anglo Pacific Group: Finncap cuts target price from 320p to 279p staying with its buy recommendation. Ashtead Group: Citi takes target price from 660p to 750p and maintains a buy recommendation. Centrica: Berenberg ups target price from 370p to 380p keeping a hold recommendation. Coal of Afica: I
Read moreThursday broker round-up UPDATE
23rd May 2013 08:35
Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreTuesday broker round-up UPDATE
14th May 2013 08:04
Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation. Barratt Developments: Bank of America takes target price from 265p to 325p, while downgrading to neutral. Belgravium Technologies: WH Ireland places both its target price and its neutral
Read moreBroker snap: Mothercare 'still too expensive' despite LFL beat
11th Apr 2013 13:58
The market may have reacted well to Mothercare's pre-close trading update on Thursday, but Panmure Gordon kept its 'sell' recommendation for the stock, saying that the shares are 'still too expensive'. The Mothercare group, comprised principally of the two retail brands Mothercare and Early Learnin
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