Wednesday broker round-up
8th Aug 2012 09:57
AstraZeneca: Jefferies raises target from 2,975p to 3,100p, hold rating kept. Avon Rubber: Investec reiterates hold rating and 315p target. BTG: Jefferies maintains hold rating and 410p target. Cobham: Jefferies reiterates buy recommendation and 230p target; Investec keeps sell rating and 200p ta
Read moreThursday broker round-up
2nd Aug 2012 10:00
Aggreko: Investec keeps buy rating and 2,520p target. Antofagasta: UBS lifts tagged from 850p to 870p, sell rating unchanged. BAE Systems: Investec maintains hold rating and 290p target. Drax: AlphaValue downgrades to reduce. ENRC: UBS cuts tagged from 640p to 615p, buy rating maintained. Filtr
Read moreTuesday broker round-up
31st Jul 2012 09:19
Dignity: N+1 Brewin upgrades to add, target raised from 880p to 950p. Diploma: Jefferies reiterates buy rating and 510p target. Elementis: N+1 Brewin upgrades to buy, target upped from 220p to 230p. EnQuest: HSBC upgrades to overweight, target lifted from 135p to 143p. Faroe Petroleum: Nomura ra
Read moreLondon close: Stocks jump on central bank hopes; IAG surges
30th Jul 2012 17:05
- IAG leads Footsie higher; banks, miners follow suit - ECB expected to act soon - QE3 hopes in the US drive gains UK stocks started the week well as risk appetite increased on hopes that European policy-makers will announce measures this week to stem the crisis and the US central bank will act to
Read moreFTSE 100 movers: Miners and financials lead the way
30th Jul 2012 14:23
The banking and resources sectors were among the best performers on Monday as risk appetite increased on the back of stimulus hopes. Barclays, RBS, ENRC and Xstrata were high risers by mid-afternoon. Global banking group HSBC was along among them after seeing an 11% rise in reported pre-tax profit
Read moreLondon midday: Stimulus hopes drive risk appetite
30th Jul 2012 12:03
- Juncker says leaders have 'no time to lose' - Markets await policy decisions by ECB and Fed - Yields fall at Italian bond auction European stock markets were making moderate gains on Monday morning as risk appetite increased on the back of hopes of central bank action this week in Europe and the
Read moreMonday broker round-up
30th Jul 2012 09:03
Anglo American: Jefferies cuts target from 2,950p to 2,200p, buy rating kept. Barclays: Nomura reiterates reduce rating and 210p target. Fidessa: Jefferies keeps hold recommendation and 1,510p target; Merchant Securities maintains buy rating; Investec puts target under review, sell rating kept. G
Read moreLondon open: Central bank hopes drive gains early on
30th Jul 2012 08:26
- Leaders have 'no time to lose', says Juncker - Markets await ECB decision on Thursday - QE3 hopes drive gains UK stocks rose in early trading on Monday on the back of hopes that the European Central Bank (ECB) will act this week to stem the Eurozone crisis. Eurogroup head Jean-Claude Juncker sai
Read moreLondon pre-open: FTSE set for good start to the week
30th Jul 2012 07:35
City sources predict the FTSE 100 will open up 26 points from Friday's close of 5,627, with the week set to get off to a positive start following the comments last week from European Central Bank (ECB) president Mario Draghi, who said the bank would do whatever necessary to rescue the euro. His comm
Read moreNational Grid reports 'solid' first quarter
30th Jul 2012 07:02
Electricity and gas provider National Grid says it achieved a 'solid operational and financial performance' in its first quarter and is keeping its positive outlook for the full year unchanged. Overall, there was no major changes to its financial position during the period between April 1st and Jul
Read moreFriday tips round-up: National Grid, Hilton Foods
20th Jul 2012 07:17
National Grid's regulated business in the UK generates about 60 per cent of group profits. That's why Ofgem's rules on the rate of return it is allowed and level of investment are crucial. On Monday, Ofgem released its draft determination for the new, extended regulatory period from 2013 to 2021. Th
Read moreThursday broker round-up
19th Jul 2012 09:43
Afren: JP Morgan Cazenove reiterates overweight. Avocet: Westhouse Securities upgrades to buy. Barclays: Goldman Sachs upgrades to neutral, target cut from 250p to 220p. BG Group: Credit Suisse downgrades from outperform to neutral, target cut from 1,660p to 1,500p. British American Tobacco: Inv
Read moreLondon close: Stocks slip as Bernanke disappoints
17th Jul 2012 16:41
- No hints from Bernanke for QE3 - German ZEW index falls for third straight month - G4S tumbles on Olympics contract; CSR rockets after disposal, cash return With Ben Bernanke failing to give any clear indications quickly enough this afternoon [before London markets closed], as regards the possibi
Read moreFTSE 100 movers: G4S is once again leading the way lower
17th Jul 2012 15:40
Security solutions firm G4S continued to fall as it is hampered by the Olympics contract debacle. The company said yesterday that it expects to incur a £35-50m loss on the contract after failing to deliver as many workers as it had promised to. The stock is also being weighed down by ratings cuts
Read moreLondon midday: German ZEW data dampens stocks
17th Jul 2012 11:45
- German ZEW index falls for third straight month - Bernanke hoped to reveal hints of extra stimulus - G4S, Wolseley provide a drag in London After a subdued start, the Footsie was trading firmly lower by Tuesday lunchtime after German investor confidence fell for a third month in a row. Despite ea
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