Monday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
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 moreUBS downgrades N Brown on competition concerns
12th Mar 2014 10:49
UBS has downgraded its rating for N Brown, the online and catalogue home shopping group, from 'neutral' to 'sell', raising concerns with competition from some well-known High Street names. The bank said that N Brown has to "continually improve the fashionability of its clothing offer to appeal to a
Read moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreLondon open: Stocks edge higher ahead of UK data
11th Mar 2014 08:31
- FTSE 100 up after hitting lowest since February 14th - Mark Carney, UK data in focus - Inchcape up after record results techMARK 2,851.92 +0.24% FTSE 100 6,692.77 +0.05% FTSE 250 16,506.44 +0.34% UK markets edged higher on Tuesday after hitting their lowest levels in nearly a month the previous
Read moreUK stocks push higher after Eurozone GDP as miners gain
14th Feb 2014 11:39
- Eurozone GDP beats forecasts in Q4 - Miners surge as metal prices gain - Retailers, financials, Coca-Cola HBC lead the fallers techMARK 2,827.29 +0.12% FTSE 100 6,662.15 +0.04% FTSE 250 16,102.29 +0.45% A better-than-expected pick-up in Eurozone economic growth gave UK stocks a small boost on Fr
Read moreUK stocks edge lower as investors await Eurozone GDP
14th Feb 2014 09:05
- Eurozone GDP figures ahead - Italian politics in focus as PM resigns - Miners rise strongly, banks and retailers fall techMARK 2,822.53 -0.05% FTSE 100 6,650.83 -0.13% FTSE 250 16,045.41 +0.10% UK stocks opened slightly lower on Friday morning with strong gains from mining stocks outweighed by w
Read moreSector movers: Retailers mostly higher, but supermarket giants fall
11th Feb 2014 13:49
Retail stocks were putting in a mixed performance in London on Tuesday with general retailers making gains while supermarket chains headed lower. Overall, the UK retail sector registered healthy growth in January, according to figures released this morning by British Retail Consortium (BRC) which s
Read moreLondon close: FTSE 100 lower after choppy session, ends January down 3.5 per cent
31st Jan 2014 16:30
- FTSE 100 bounces off lows but still firmly lower - Index at six-week low, finishes January down 3.5 per cent - Eurozone CPI ramps up pressure on ECB - BT leads risers on upbeat guidance techMARK 2,774.88 -0.20% FTSE 100 6,510.44 -0.43% FTSE 250 15,674.37 -0.17% The UK stock market finished the w
Read moreNext hands further special dividend to shareholders
31st Jan 2014 11:55
Investors in fashion chain Next are to get another special dividend because its shares are trading at too high a level to return cash in buybacks. Next, which announced on January 3rd that it would pay a special dividend of 50p per share to shareholders on February 3rd, said it would make a further
Read moreFTSE 100 movers: Banks lower after Deutsche Bank profit warning
20th Jan 2014 15:30
Fears that poor results from Deutsche Bank could mean poor updates from banks across Europe weighed on the sector continent-wide on Monday, Barclays included. The German lender revealed a fourth quarter pre-tax loss of €1.15bn, which Ishaq Siddiqi, a Market Strategist at ETX Capital, described as a
Read moreBroker tips: Aberdeen, Rio Tinto, Next
17th Jan 2014 12:08
Numis Securities has maintained its 'hold' rating for Aberdeen Asset Management after Thursday's first-quarter statement, saying that the shares are "mostly up with events". Trading at 14 times earnings, the broker said that the stock "is not as cheap as it was in the past" despite the company's ea
Read moreBroker snap: Credit Suisse hikes Next target, but cautions over long-term forecasts
17th Jan 2014 10:38
Credit Suisse has hiked its target price for Next on the back of the retailer's strong brand momentum, but kept a cautious stance on concerns over long-term forecasts for the company. The bank raised its target price for the shares by 1,000p to 6,500p and maintained a 'neutral' recommendation for t
Read moreSector movers: Retail stocks boosted strong sales at John Lewis
10th Jan 2014 15:35
General retail stocks were on shopping lists on Friday after strong results from High Street bellwether John Lewis and data showing a surge in online retail sales during December. According to the British Retail Consortium (BRC), overall retail sales rose at a year-on-year rate of 0.4% last month,
Read moreLondon close: Markets flat after choppy session, services PMIs weakens
6th Jan 2014 16:37
- Miners limit gains after weak economic data - Services PMIs from China, UK, Eurozone and US weaken - RSA rises, UBS says takeover and break-up still possible - Retailers in focus ahead of updates techMARK 2,792.25 +0.13% FTSE 100 6,730.73 0.00% FTSE 250 16,049.30 +0.18% UK markets ended flat on
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