FTSE 100 movers: Sports Direct kicked higher, Pearson spikes on FT rumours
20th Jul 2015 14:02
(ShareCast News) - London markets inched higher on Monday as weakness in the commodities market was outshone by strength in the pharmaceutical, technological and financial sectors. As of 14:15 BST, the FTSE 100 was trading 0.23% higher at 6,791. Sports Direct International topped the risers as Exan
Read moreBroker tips: HSBC, Prudential, Experian, Sports Direct
20th Jul 2015 11:41
(ShareCast News) - Citigroup upgraded HSBC to 'buy' from 'neutral' and lifted the price target to 635p from 625p, noting that the stock is trading close to the low end of its valuation range over the past five and 10 years. "Reflecting the improvement to capital ratios from upcoming divestments and
Read moreJefferies cuts Prudential to 'hold'; highlights less certain growth outlook
20th Jul 2015 10:42
(ShareCast News) - Jefferies downgraded Prudential to 'hold' from 'buy' and cut the price target to 1,753p from 1,802p to accommodate for the company's less certain growth outlook. Jefferies said the company's growth profile will likely be under scrutiny over the coming quarters with recent manageme
Read moreBroker tips: Standard Life, Prudential, Lonmin, Miners
10th Jul 2015 14:02
(ShareCast News) - Shares in insurers Prudential and Standard Life got a lift from Barclays, as it upgraded price targets on both stocks in its latest note on European insurance. The bank increased Prudential's target to 1,889p from 1,877p, pointing to the company's earnings on 11 August, which will
Read morePrudential and Standard Life boosted by Barclays note
10th Jul 2015 12:54
(ShareCast News) - Shares in insurers Prudential and Standard Life got a lift from Barclays, as it upgraded price targets on both stocks in its latest note on European insurance. The bank increased Prudential's target to 1,889p from 1,877p, pointing to the company's earnings on 11 August, which will
Read moreFTSE 100 movers: Barratt and AB Foods gain on updates, Prudential lifted by Goldman note
9th Jul 2015 15:41
London's FTSE 100 was on the front foot on Thursday, with cyclical stocks such as miners and banks in the black. Rio Tinto, Antofagasta and BHP Billiton all gained following a rebound in Chinese stock and metal prices. Elsewhere, Barratt Development rebounded from heavy losses in the previous sessi
Read morePrudential gains after Goldman Sachs adds to 'conviction buy' list
9th Jul 2015 10:09
Prudential has been added to Goldman Sachs's list of 'conviction buy' stocks, with the shares offering an "attractive entry point to one of the best positioned compounding businesses in our European coverage universe". The investment bank cut its 12-month price target on Prudential to 1,845p but rei
Read moreTempleton EM chairman resigns, Prudential's Paul Manduca named as successor
26th Jun 2015 10:15
Shares in Templeton Emerging Markets Investment Trust declined on Friday after the company announced the resignation of its chairman. Peter Smith, who was appointed a director of TEMIT back in 2004 and became chairman in 2007, will step down later this year. Prudential chairman Paul Manduca, who al
Read moreTuesday broker round-up
2nd Jun 2015 07:57
British American Tobacco: JP Morgan reiterates overweight and 4,100p target price. Royal Mail: JP Morgan reiterates neutral stance. Playtech: JP Morgan reiterates buy. Henderson Group: UBS reiterates neutral stance and 275p target. Prudential: UBS reiterates buy recommendation and 1,950p target.
Read moreFTSE 100 movers: Lloyds declines as state investment vehicle lowers stake, miners lower
1st Jun 2015 13:49
UK shares were trading lower on Monday afternoon, ahead of a raft of US economic data, as weakness in mining, oil and insurance stocks outweighed gains made in the real estate, travel and electronics sectors. As of 15:30 BST, the FTSE 100 was trading 0.23% lower at 6,988. Lloyds registered losses a
Read morePrudential appoints new CEO to North American unit
1st Jun 2015 11:22
International financial services group Prudential has appointed Barry Stowe as chairman and chief executive of its North American business. Stowe, who was previously in charge of Prudential Corporation Asia will replace Mike Wells, who began his new role as group CEO on 1 June. "Barry has played a
Read moreFTSE 100 movers: Weir and Associated British Foods surge on upgrades
29th May 2015 12:44
UK stocks shook off early morning caution by the afternoon, making modest gains in spite of Greek debt and panic selling on Chinese markets. As of 14:00 BST, the FTSE 100 was trading 0.04% higher at 7,044. Weir topped the risers as Credit Suisse raised its price target on the stock to 2,205p, citin
Read moreThursday broker round-up
28th May 2015 09:44
Direct Line: JP Morgan upgrades to overweight. Admiral: JP Morgan reiterates underweight. TUI: JP Morgan stays at overweight with 1,275p target. RSA: JP Morgan ups target to 451p from 433p, keeps at neutral. SAGA: JP Morgan raises target to 207p from 185p but remains at neutral. De La Rue: JP MOrg
Read moreSector movers: Tobacco, financial stocks tumble as market retreats from election highs
12th May 2015 15:04
Most sectors were in the red as the London market pulled back from post-election highs on Tuesday with the FTSE 100 back below the 7,000 mark. At 15:51 BST, the blue chip index was trading down 103.87 points or 1.48% at 6925.98, with the bounce received from the election of a Conservative majority g
Read moreFTSE 100 movers: Easyjet nose dives on strikes and currency headwinds, financials lower
12th May 2015 13:10
Budget airline Easyjet led fallers despite meeting guidance and swinging to a small profit in the first half, warning it is likely to face tougher conditions in the latter part of the year. The company saw its shares sink after saying that exchange-rate movements and air traffic control strikes in F
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