Goldman expects strong growth for Pets at Home
22nd Apr 2014 11:22
Goldman Sachs has initiated coverage of Pets at Home (PAH) with a 'buy' rating, saying that it expects the company to grow sales and profit strongly over the next three years. The US bank has set a 12-month target price for the stock at 242p, which implies 16% potential upside from current prices.
Read moreCard Factory to float on UK stock market
22nd Apr 2014 08:07
British greeting card retailer Card Factory is to join the growing list of companies floating on the stock market. Card Factory, which started life in 1997 with one shop and now has more than 700 stores nationwide, said it expected to raise about £90m to pay debt from the offer to certain instituti
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreTuesday newspaper round-up: Lloyds, Pets at Home, Marks&Spencer
25th Mar 2014 06:36
Lloyds is about to sail into another storm of criticism over alleged financial misconduct. BBC Radio 4 will today claim that its investigation shows the lender has been providing "alternative redress" to more than one in four claimants of payment protection inusrance (PPI). By assuming that customer
Read moreLondon midday: Stocks near one-month low on China, Ukraine fears
12th Mar 2014 12:00
- Chinese concerns hammer copper prices - Ex-div stocks falls - Prudential gains, G4S slumps - Poundland, Pets at Home in focus techMARK 2,825.81 -0.90% FTSE 100 6,629.89 -0.83% FTSE 250 16,372.49 -0.66% Fears surrounding a slowdown in China and ongoing concerns about Ukraine weighed heavily on st
Read more