Monday broker round-up UPDATE
14th Apr 2014 09:16
AMEC: Deutsche Bank raises target price from 1250p to 1400p retaining a buy recommendation. AO World: Numis initiates with a target price of 350p and a buy recommendation. BBA Aviation: Goldman Sachs cuts target price from 425p to 405p and keeps a buy recommendation. Bovis Homes Group: Goldman S
Read moreTuesday broker round-up UPDATE
8th Apr 2014 09:18
API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai
Read moreSunday share tips: Tesco, Next, Ideagen
17th Mar 2014 07:01
Sell shares of Tesco, the Sunday Telegraph's Questor column advised. Britain's biggest retailer's market share is large at 28.7% but it is falling. Tesco has not yet cut prices in its attempts to revive its fortunes. WM Morrison has promised to cut prices and Tesco could follow but, along with plann
Read moreFriday tips round-up: Royal Dutch Shell, Northgate
14th Mar 2014 10:50
Investors were underwhelmed by Royal Dutch Shell's strategy presentation by its new chief, Ben van Beurden, and the shares duly fell. Some investors wanted firm cost-cutting targets and a far bolder approach to asset disposals. Instead, they got a promise to tackle underperformance in drilling and a
Read moreFriday broker round-up UPDATE
14th Mar 2014 09:07
Barclays: Nomura reduces target price from 305p to 285p staying with its buy recommendation. Investec lowers target price from 305p to 295p and keeps its buy recommendation. Ferrexpo: Westhouse Securities increases target price from 190p to 220p and reiterates a buy recommendation. F&C Asset Manag
Read moreFTSE 250 movers: Home Retail leaps on profit outlook
13th Mar 2014 15:51
Home Retail, the owner of UK retail chains Argos and Homebase, rose strongly after it forecast annual profits above expectations after good trading in the last couple of months. It said it expects group benchmark pre-tax profit in the year to March 1st to be slightly ahead of the top end of market
Read moreNorthgate sees mixed trading in third quarter
13th Mar 2014 07:01
The number of UK vehicles on hire continued to increased at Northgate in the third quarter, but Spain saw numbers decline. The FTSE 250 commercial vehicle hire group lifted vehicles on hire 2.4% in the UK but saw a slight fall in Spain, while vehicle utilisation dropped a percentage point in the U
Read moreSunday share tips: Intecontinental Hotels, Rio Tinto, Pendragon
16th Feb 2014 18:09
Holders of shares in Intercontinental Hotels Group may want to extend their stay, the Sunday Times's Danny Fortson says. In his Inside the City column, Fortson said the owner of Holiday Inn and Crowne Plaza has returned more than $9bn to shareholders since it was de-merged from Bass in 1993. Another
Read moreWednesday tips round-up: Rio Tinto, Northgate
4th Dec 2013 07:40
More difficult times lie ahead for the iron ore industry. Plans announced by Rio Tinto on Tuesday to cut back its iron ore production are a testament to this. The firm will now seek to cut its outlays on capital expenditures to 8bn dollars by 2016, from 15.5bn dollars this year. The aim is to return
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreTuesday broker round-up UPDATE
8th Oct 2013 11:39
Aviva: Alphavalue shifts target price from 366.70p to 366.20p downgrading from reduce to sell. Barclays: Credit Suisse reinitiates with a target price of 280p and a neutral recommendation. BHP Billiton: Alphavalue reduces target price from 1972.70p to 1732p downgrading from add to reduce. Chesnar
Read moreThursday broker round-up UPDATE
19th Sep 2013 08:20
ASOS: Canaccord Genuity increases target price from 3400p to 6200p and upgrades to buy. Associated British Foods: Jefferies raises target price from 1650p to 1750p and retains a hold recommendation. Barclays: Alphavalue upgrades from add to buy with a target price of 344.20p. BHP Billiton: Nomura
Read moreNorthgate trading in line, vehicle hire stabilising
19th Sep 2013 08:06
Commercial vehicle hire company Northgate said it continues to trade in line with company expectations, with vehicles on hire showing signs of stabilisation. Vehicles on hire rose from 43,100 at April 30th to 44,700 at September 18th, with an increase of 1,600 units compared to a fall of 1,600 in t
Read moreBarclays raises forecasts for UK growth in 2013 and 2014
9th Jul 2013 12:26
Economists at Barclays Research on Monday issued a note in which they lifted their forecasts for economic growth in the UK as the animal spirits of consumers and businesses improve, prompting increased household consumption and investment, respectively. The above is reflected in recent readings f
Read moreWednesday broker round-up UPDATE
3rd Jul 2013 09:16
Aberdeen Asset Management: Bank of America reduces target price from 410p to 360p maintaining an underperform rating. ARM Holdings: UBS upgrades to buy from neutral, keeps target price at 970p. Cineworld: Investec ups target price from 347p to 360p and keeps a buy recommendation. N+1 Singer moves
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