Wednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
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 moreLondon close: Stocks fall on Eurozone fears
21st Mar 2013 16:20
The FTSE continued its journey lower today, as investors grew increasingly concerned over events in Cyprus and the Eurozone generally. Manufacturing data from the region showed its fastest rate of contraction in three months, dashing hopes of an economic recovery. Things were looking up closer t
Read moreFTSE 250 movers: Brewin Dolphin climbs on appointment of new CEO
21st Mar 2013 15:31
Brewin Dolphin Holdings was in the top spot after appointing former Morgan Stanley boss David Nicol as Chief Executive Officer after Jamie Matheson resigns as Executive Chairman. Matheson, who is stepping down after eight years, will work with Nicol and the management team to ensure a smooth transit
Read moreLondon midday: Selling abates ahead of US data barrage
21st Mar 2013 11:50
UK stocks were near their lows of the day by mid-session, weighed down by the much weaker than forecast manufacturing and services sector data out this morning in the Eurozone. That came ahead of a barrage of macroeconomic statistics which were scheduled for release in the United States this after
Read moreLondon open: Eurozone PMI data overshadows Cyprus crisis
21st Mar 2013 09:02
UK stocks have begun the day firmly lower, weighed down by the much weaker than forecast manufacturing and services sector data just out in the Eurozone. The Markit manufacturing sector purchasing managers' index for the month of March has come in at 46.6, versus 47.9 for the month before (Consens
Read moreLondon pre-open: FTSE to edge lower in opening trade
21st Mar 2013 07:29
City sources predict the FTSE 100 will open down four points from yesterday's close of 6,433, as investors digest recent events both in the UK and abroad. Of recent concern is the political instability in Australia as the country awaits a new prime minister. Closer to home, on today's agenda is t
Read moreThursday broker round-up
21st Mar 2013 07:16
ASOS: Citigroup takes target price from 3000p to 4000p and keeps a buy recommendation. Deutsche Bank moves target price from 2600p to 3000p, while maintaining a hold recommendation. Atkins: Liberum Capital ups target price from 880p to 1020p upgrading to buy. Barr (AG): Shore Capital downgrades to
Read morePremier Farnell final quarter sales slip
21st Mar 2013 07:02
Electronics components supplier Premier Farnell said that market conditions remain tough as it reported a three per cent decline in fourth quarter sales. Adjusted operating profit for the 13 weeks ended February 3rd fell 3.4% to £23.9m while total revenue fell to £239.3m after a weak performance fr
Read moreFriday broker round-up UPDATE
8th Feb 2013 07:19
Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780
Read moreWednesday broker round-up - UPDATE
30th Jan 2013 07:03
Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating. Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged. Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades
Read moreMonday broker round-up UPDATE
17th Dec 2012 07:21
Aggreko: Panmure Gordon reduces target price from 2159p to 1935p, while keeping a hold recommendation. Investec downgrades to hold. Amara Mining: Investec starts with a target price of 89p and a buy rating. ASOS: Goldman Sachs increases target price from 3200p to 3600p and recommends a strong buy.
Read moreFriday tips round-up: CareTech, Premier Farnell and Standard Chartered
7th Dec 2012 07:30
Tempus in The Times writes that one company that has had a difficult couple of years is CareTech Holdings, the AIM-quoted provider of specialist care homes. There was a bizarre row over a policy of capitalising the salaries of members of staff seeking acquisitions. At least one bid and one managem
Read moreFriday broker round-up UPDATE
7th Dec 2012 07:04
Bellway: Northland Capital raises target price from 1050p to 1150p and keeps a buy rating. Panmure Gordon raises target price from 957p to 1013p, while maintaining a hold recommendation. Berkeley Group: Panmure Gordon raises target price from 1390p to 1650p keeping a hold rating. Booker Group: Gol
Read moreLondon close: Stocks edge higher as markets look to US jobs report
6th Dec 2012 16:33
- BoE and ECB keep policy on hold - Draghi says ECB discussed rate cut - Eyes turn to US employment report London's blue-chip index finished with slight gains on Thursday after central banks in the UK and Europe announced that they had kept policy on hold, with the market's focus now turning to the
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