Monday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreFriday broker round-up UPDATE
13th Sep 2013 08:26
ASOS: Panmure Gordon raises target price from 4555p to 5950p maintaining a buy recommendation. AstraZeneca: Jefferies reduces target price from 3200p to 2850p and retains a hold recommendation. Barclays: Jefferies initiates with a target price of 367p and a buy recommendation. Barratt Development
Read moreLondon close: Stocks flat as eyes turn to Fed meeting
12th Sep 2013 16:37
The spotlight was back on US economic data on Thursday with markets ending flat as investors looked ahead to the next policy meeting at the Federal Reserve. The FTSE 100 finished just 0.55 points higher at 6,588.98. Nevertheless, this was still the third straight day in positive territory for Londo
Read moreLondon midday: Stocks flat after recent gains
12th Sep 2013 11:31
UK markets were trading broadly flat on Thursday morning as investors digested recent developments in Syria some disappointing industrial production figures from the Eurozone. Traders were also showing caution as eyes begin to turn to the upcoming policy meeting at the Federal Reserve. The FTSE 1
Read moreLondon open: Stocks flat as focus turns to Fed meeting
12th Sep 2013 08:19
UK markets paused at a one-month high on Thursday morning as easing fears over Syria gave investors the chance to focus on the upcoming policy meeting at the Federal Reserve. Traders were also showing caution ahead of speeches from Bank of England Governor Mark Carney as he testifies to the Treasur
Read moreLondon pre-open: Markets seen flat after hitting one-month high
12th Sep 2013 07:32
Markets are expected to open flat on Thursday, pausing at a one-month high, as traders begin to look forward to the next Federal Reserve policy meeting. City sources predict the FTSE 100 will open more or less unchanged from yesterday's close of 6,588.43 - this was its highest closing price since
Read moreNext lifts dividend and sticks to full-year sales guidance
12th Sep 2013 07:03
Fashion retailer Next hiked its interim dividend payout after driving up half-year profits by 8.2 per cent despite a fall in retail sales. The fashion retailer said pre-tax profit rose 8.2% to £271.8m from £251.3m after it sold more clothes at full price and fewer clothes in its sale. It said that
Read moreBroker tips: Glaxo, IHG, Retailers
5th Sep 2013 11:25
Panmure Gordon has maintained its 'buy' recommendation for pharmaceutical giant GlaxoSmithKline but admitted that it was disappointed with the firm's setback on its potential new skin-cancer treatment. The broker explained that MAGE-A3 is a theraputic cancer vaccine - "the holy grail of the industr
Read moreBroker snap: Weather to dominate retailers' results, says Nomura
5th Sep 2013 10:56
Nomura has reiterated its 'bullish' view on the European retail sector, saying that while the macro signs of recovery are clear, the weather will likely drive updates from a host of companies this month. On the whole, Nomura said it remains upbeat about UK retail "as we expect a housing market reco
Read moreWednesday broker round-up UPDATE
4th Sep 2013 08:50
Abbey Protection: Numis lowers target price from 120p to 110p keeping a hold recommendation. Antofagasta: Investec takes target price from 707p to 725p, but still recommends selling. Ashtead Group: Numis ups target price from 640p to 670p and retains a hold recommendation. Panmure Gordon increases
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreLondon close: Syrian crisis hits stocks despite upbeat economic data
27th Aug 2013 16:30
Data showing improving confidence in Germany and the States wasn't enough to lift markets on Tuesday as investor sentiment was rattled by escalating tensions between Syria and the West. Business confidence in Germany improved across the board in August as the Eurozone's largest economy continues to
Read moreLondon midday: Stocks fall as Syrian crisis hits sentiment
27th Aug 2013 11:46
Escalating tensions in the Middle East dented investor sentiment on Tuesday morning as traders largely shook off some upbeat economic data closer to home. Business sentiment in Germany improved across the board in August as the Eurozone's largest economy continues to build momentum. The IFO report,
Read moreTuesday broker round-up UPDATE
27th Aug 2013 09:14
Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.
Read moreLondon open: Markets edge lower after long weekend
27th Aug 2013 08:12
Stocks fell on Tuesday morning after a three-day weekend as markets attempted to play catch-up following negative sessions in the US and Asia overnight. Concerns over Syria are likely to weigh on sentiment after US Secretary of State John Kerry said last night that Syria would be held accountable f
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