Thursday broker round-up UPDATE
16th Jan 2014 08:59
Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell
Read moreNCC delivers solid if slower growth as '.secure' plans progress
4th Jul 2013 08:51
Information security company NCC Group recorded robust growth from top to bottom line, but at a slower rate than in the previous decade. The group had issued a small profit warning in April. Margins were squeezed slightly as the company said its markets remained subdued and difficult to predict,
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreInterContinental Hotels director sells 70,000 shares
22nd Apr 2013 16:30
InterContinental Hotels' President of the Americas has sold 70,000 shares on Monday, reducing his stake to 388,330 shares. The shares were sold for 1,858.95p each for a total of £1.3m. The transaction comes just a few weeks after the company agreed to sell the leasehold interest at its London P
Read moreNCC Group posts higher revenues as it fights cyber crime
17th Jan 2013 13:47
Information security company NCC Group posted higher revenues Thursday as a rise in cyber crime called for safer online practices in businesses. The company, which provides software escrow and online protection services, reported a 13% increase in group revenues to £48.1m for the six months to No
Read moreNCC starts year on firm footing
18th Oct 2012 10:06
Computer security and software escrow firm NCC said group revenues in the first four moths of the financial year rose seven per cent from the same time last year as it continues with legal advice over its failed IT system project. Revenues at the Manchester-based firm rose to £29.6m from £27.5m in
Read moreTuesday tips round-up: Amlin, NCC, Petra Diamonds
21st Aug 2012 07:01
In the Times, Tempus is cautious on rapidly rising insurance firm Amlin. It has made a dramatic recovery after suffering severe losses last year related to the Japanese earthquake and tsunami, in addition to floods in Thailand. This year the combined ratio which measures premiums received against
Read moreSmall caps round-up: Acta, Healthcare Locums, NCC
2nd Aug 2012 12:46
Clean energy products company Acta has said it is pleased with Taiwan's Ministry of Economic Affairs decision to approve the safety and reliability standards for fuel cell scooters and motorcycles, meaning they are now ready for mass production. Acta said it believes that the release of road standar
Read moreNCC thrives while staving off cybergeddon
5th Jul 2012 16:31
Both divisions of technology services firm NCC had a solid year despite the disappointment of the company's bought-in new information technology not coming up to snuff. The company has two main divisions: Escrow and Assurance. The Escrow unit holds mission critical software in escrow on behalf of N
Read moreThursday preview: All eyes on the Old Lady of Threadneedle Street
4th Jul 2012 18:11
The Bank of England's Monetary Policy Committee (MPC) will be revealing its policy decision at midday on Thursday with the majority of economists expecting the Bank of England (BoE) to ramp up its asset purchase programme, or quantitative easing (QE). Analysts at Investec are predicting that the MP
Read moreComputer says 'no' at NCC
31st May 2012 10:29
Computer security and software escrow firm NCC's full year results will be dented by a one-off charge relating to teething problems with a new information technology (IT) solution. The company said the problems have not had any impact on trading, but will result in the company taking an exceptional
Read moreTuesday broker round-up - UPDATE
17th Apr 2012 08:36
BHP Billiton: Jefferies reiterates buy rating and 2,500p target. Burberry: Merchant Securities downgrades from buy to hold; Investec maintains buy recommendation and 1,690p target. Dairy Crest: Numis upgrades from add to buy. Daily Mail & General Trust: Investec maintains buy rating and 578p targ
Read moreFriday broker round-up -UPDATE
20th Jan 2012 09:17
Pearson: Credit Suisse raises target price to 1,210p from 1,175p. Polymetal: Credit Suisse downgrades to neutral from outperform; cuts target to 1,040p from 1,180p. William Hill: Credit Suisse raises target price to 227p from 214p. Man: Deutsche Bank upgrades to hold from sell. Petrofac: JP Mor
Read moreNCC revenues up 28%
19th Jan 2012 12:27
Computer security services firm NCC has continued to grow with revenue up 28% for the six months ended November 30th. Revenue rose year-on-year from £33m to £42.4m, helping to boost profits from £5.3m to £7.8m. Group Chief Executive Rob Cotton said: "A clear focus on our international growth str
Read moreThursday broker round-up - UPDATE
8th Dec 2011 08:45
Tesco: Nomura keeps buy rating and 500p target. Tesco: Evolution Securities keeps reduce stance and 350p target. Tesco: Panmure Gordon keeps buy rating and 500p target. Standard Chartered: Nomura maintains buy recommendation and 1,800p target. PZ Cussons: Panmure Gordon cuts target from 380p to
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