Monday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read moreSector movers: Diageo and Remy Cointreau hit beverage stocks
17th Apr 2014 15:26
The beverage sector was hit hard on Thursday by disappointing updates from global drinks groups Diageo and Remy Cointreau. Year-to-date organic revenue growth at London-listed Diageo was held back by sales declines in the third quarter due to weakness across many emerging markets, the company said
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreNichols toasts full-year profit rise
13th Mar 2014 08:28
- Double-digit profit and earnings per share growth - Growth in UK and international markets - Confident outlook despite cautious UK consumer spending Soft drinks firm Nichols reported double-digit pre-tax profit growth during its financial year as it continues to grow its UK and international mark
Read moreTuesday broker round-up
14th Jan 2014 08:02
AMEC: Nomura ups target price from 1230p to 1280p and retains a buy recommendation. Amerisur Resources: Investec shifts target price from 73p to 75p and keeps a buy recommendation. AVEVA: Investec increases target price from 2500p to 2900p upgrading from hold to buy. BHP Billiton: JP Morgan raise
Read moreLondon pre-open: FTSE to move above 6,700 ahead of payroll numbers
10th Jan 2014 07:30
City sources predict the FTSE 100 will open 25 points higher than yesterday's close of 6,691.34 ahead of today's US non-farm payroll figure. The consensus of analysts expect the Bureau of Labor Statistics data to reveal a 195,000 increase in non-farm payrolls in December, down slightly from the 20
Read moreNichols beats forecasts with 2013 sales growth
10th Jan 2014 07:13
Nichols, the soft drinks company behind Vimto, Sunkist and Panda, said it finished 2013 strongly with sales growth gaining momentum in the second half. The company, which has a market capitalisation of around £440m, said that sales grew at a year-on-year rate of 4% in the second half, pushing full-
Read moreWednesday broker round-up UPDATE
13th Mar 2013 08:28
Afren: UBS raises target price from 160p to 200p and reiterates a buy recommendation. African Barrick Gold: Westhouse Securities reduces target price from 255p to 195p and keeps a sell recommendation. Antofagasta: Deutsche Bank lowers target price from 1260p to 1150p, while staying with its hold r
Read moreThursday broker round-up UPDATE
7th Mar 2013 07:25
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation. African Barrick Gold: Nomura cuts target price from 435p to 200p and downgrades from neutral to reduce. Aggreko: Investec increases target price from 1750p to 1940p upgrading from hold to buy. Anglo American: No
Read moreNichols beats expectations
7th Jan 2013 10:47
Soft drinks maker Nichols, which owns the Vimto brand, said its full year figures would beat expectations, pushing its shares up in morning trading. The firm said total sales for the year ended 31st December had increased by 9% to £108m, with export sales increasing by 8%. It expects group profit
Read moreThursday broker round-up
26th Jul 2012 10:41
ARM: UBS ups target from 630p to 645p, buy rating kept. Bodycote: Investec cuts target from 410p to 355p, buy rating kept. BSkyB:Jefferies keeps hold rating and 700p target; Investec keeps hold rating and 680p target. Capita: Jefferies ups target from 750p to 795p, buy rating kept. Capital & Cou
Read moreFriday tips round-up: Morrisons, Balfour Beatty, Clarkson...
9th Mar 2012 06:52
In the Telegraph the Questor column hands out a rather brutal judgement on supermarket chain Morrisons. It's got an enthusiastic Chief Executive, is experimenting with convenience store formats and has launched lots of new ranges but its market share is still around 12.2%. To make matters worse the
Read moreNichols posts profit after tough year
8th Mar 2012 12:41
Soft drinks maker Nichols, which owns the Vimto brand, has posted a profit for 2011 despite the fact that 'the UK trading environment in 2011 turned out to be every bit as challenging as anticipated'. Pre-tax profit rose from £14.8m to £18.1m, on revenues of £98.9m (2010: £83.9m). Basic earnings p
Read moreLondon close: Footsie finishes below best levels
6th Jan 2012 17:17
London closed comfortably below its best levels of the day despite better than expected US jobless data which had some market commentators crying 'foul'. US non-farm payrolls grew by 200,000 during the month of December. The consensus estimate was for a reading of 155,000. Morgan Stanley has sugges
Read moreNichols's cup runneth over
6th Jan 2012 14:42
Vimto-maker Nichols issued a bubbly update in which it said 2011 figures will be ahead of market expectations. The group enjoyed a strong 2011 in which its brands had outperformed the soft drinks market in the UK. Sales for 2011 rose 18% on the previous year and exceeded the board's own expectat
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