Monday broker round-up UPDATE
11th Nov 2013 08:50
Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin
Read moreHSBC sells portfolio to Paragon Group of Companies
8th Oct 2013 09:56
HSBC subsidiary, HSBC Bank, on Tuesday sold a portfolio of non-performing personal unsecured and secured loans to the Paragon Group of Companies. The sale was made for a total consideration of £13.5m. The portfolio is made up of loans from HFC Bank, an indirectly wholly-owned subsidiary of HSBC
Read moreFriday broker round-up UPDATE
4th Oct 2013 09:32
Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating. Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation. API Group: Numis downgrades to add with a target price of 85p. Arbuthnot Banking G
Read moreThursday broker round-up UPDATE
29th Aug 2013 09:48
Afren: Westhouse Securities shifts target price from 160p to 165p and reiterates a buy recommendation. BAE Systems: Bank of America raises target price from 328p to 412p, while staying with its underperform rating. Cape: JP Morgan takes target price from 308p to 323p and stays with its overweight
Read moreMonday broker round-up UPDATE
24th Jun 2013 07:36
Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreFTSE 250 movers: Homeserve gains on growth predications
21st May 2013 15:20
Homeserve shares were rising strongly after the group said it is confident it will return to modest growth in 2014/2015. The group said it has clear Sales and Marketing plans for increasing both customer acquisition and retention and expects UK customer numbers to stabilise at around 1.9m from March
Read moreParagon lifts profit, see further growth in lending - UPDATE
21st May 2013 07:32
The Paragon Group of Companies, a specialist buy-to-let and consumer finance group, increased its half year profit after a sharp rise in buy-to-let lending activity, and said it is well positioned for future growth. Pre-tax profit increased by 9.6% to £49.1m in the six months ended March 31st 2013.
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreFriday broker round-up UPDATE
22nd Mar 2013 08:48
Afren: Nomura shifts target price from 175p to 180p keeping a neutral rating. ASOS: Nomura increases target price from 2000p to 2630p, while reiterating a neutral rating. Betfair: Panmure Gordon takes target price from 761p to 813p and leaves its buy recommendation unchanged. Brewin Dolphin Holdi
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreSunday share tips: Weir Group, Paragon, William Hill
24th Feb 2013 15:18
Spare a moment for the 'short-sellers', those dastardly investors who make hay when a company's shares tank. They are having a bad run at Weir Group. The 4.7bn pound supplier of kit to miners and oil drillers is the most "shorted" stock in the FTSE 100. About 15 per cent of its shares are out on loa
Read moreParagon Group of Companies closes bonds offer period early
22nd Feb 2013 14:15
The Paragon Group of Companies, a specialist buy-to-let and consumer finance group, has closed early the offer period for the issue of six per cent unsecured sterling retail bonds. The total nominal amount of the notes that are to issued is £60m. The issue of the notes was announced on February
Read moreThursday tips round-up: Tullow, Paragon Group, Crest Nicholson
14th Feb 2013 07:20
Tullow Oil is feeling misunderstood. The company is generally thought of as an Africa-focused oil explorer, but it has interests elsewhere, most notably in French Guiana and in the North Sea. Production comes from one large field off Ghana, which accounts for about a third of it, and smaller ones el
Read moreParagon Group of Companies launches six per cent bonds
13th Feb 2013 12:47
The Paragon Group of Companies, a specialist buy-to-let and consumer finance group, on Wednesday launched an offer of six per cent bonds due December 2020, marking the initial transaction under a one billion pound euro medium term note programme. The fixed interest of 6.0% will be payable semi-ann
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