FTSE 250 movers: OneSavings higher on Investec comments, Wood Group hit by downgrade
26th Jun 2015 14:27
Mid caps were in the red on Friday, as gains made by retailer and telecommunications stocks were overshadowed by Greece's looming critical weekend. As of 15:30 BST, the FTSE 250 was trading 0.7% lower at 17,829. OnseSavings Bank led the risers as Investec gave the stock a 'buy' rating and a price t
Read moreStart-up British banks seeing better returns than larger rivals, says KPMG
22nd May 2015 13:35
New 'challenger' banks are outperforming the 'Big Five' high street banks, and the larger lenders need to examine better ways of standing out in the market, according to a report by KPMG. The reported said that new banks in the UK are securing stellar returns, as they pick up "the whitespace left be
Read moreWednesday broker round-up
13th May 2015 13:13
BHP Billiton: Credit Suisse reiterates underperform and 1,400p target, UBS stays at buy with 1,625p target. Experian: Nomura reiterates buy and nudges target higher to 1,265p from 1,230p, Exane BNP keeps at neutral with 1,200p target. Talk Talk: UBS hikes target to 350p from 300p and reiterates neu
Read moreWednesday broker round-up
18th Mar 2015 12:41
Johnson Matthey: Deutsche Bank reiterates buy and 3,850p target. BAE Systems: Morgan Stanley lifts target to 570p from 515p and reiterates equalweight. BT Group: Nomura and UBS reiterate buy. Ashtead Group: UBS raises target to 1,130p from 1,070p and reiterates neutral. Rotork: Morgan Stanley imp
Read moreOneSavings Bank more than doubles its annual profits
17th Mar 2015 08:55
OneSavings Bank, a specialist lender in the UK, more than doubled its profits on the back of strong loan growth in the housing market. The lender, which listed in London last summer, said full-year 2014 loans and advances reached £3.9bn as compared to £3.0bn a year ago, with total assets now at £4.9
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
Read moreOneSavings Bank gains on first day post-IPO
5th Jun 2014 08:52
Challenger bank OneSavings Bank saw its shares advance on its first day of dealing in London on Thursday after a less profitable initial public offer (IPO) than previously expected. A flotation price of 170p gave the bank a market value on flotation of £413m, short of the £500m-£600m range mooted a
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