Friday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreThursday broker round-up UPDATE
10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
Read moreEmerging market FX weakness has impact on profits at PZ Cussons
10th Apr 2014 07:01
- Trading conditions 'challenging' in most markets - Currency movements affecting results in emerging markets - Input costs on an 'upward trend' Consumer products group PZ Cussons said that trading for the third quarter was in line with expectations and full-year forecasts remain unchanged, though
Read moreSOCO Chairman buys shares after recent stock weakness
31st Mar 2014 16:00
Rui de Sousa, the long-running Non-Executive Chairman of SOCO International, has raised his stake through the purchase of 50,000 shares, taking advantage of the recent slump in the oil and gas explorer's share price. De Sousa, who has been on the board of the FTSE 250 firm since 1999, snapped up th
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreFriday broker round-up UPDATE
14th Feb 2014 10:26
Assura Group: Liberum Capital shifts target price from 44p to 44.40p and retains a buy recommendation. Barclays: Credit Suisse lowers target price from 270p to 260p and keeps a neutral rating. Bellway: Panmure Gordon raises target price from 1520p to 1639p and maintains a buy recommendation. UBS i
Read morePZ Cussons completes sale of Polish Home Care brands
14th Feb 2014 10:06
Consumer products company PZ Cussons has completed the sale of its local Polish Home Care brands to Henkel for 46.6m pounds. Contracts for the sale were exchanged last year as part of Cussons' strategy to focus on its Personal Care business in Poland. The completion of the transaction comes after
Read morePZ Cussons names M&A, Africa-focused specialist to board
12th Feb 2014 09:44
Makers of Imperial Leather soap and distributor of consumer goods PZ Cussons announced the appointment of Morgan Stanley's former Vice Chairman as a non-executive director. Caroline Silver, who is currently Managing Director at Moelis & Co, the investment bank, is to take up her post at the company
Read moreThursday broker round-up UPDATE
23rd Jan 2014 09:12
Afren: Investec ups target price from 170p to 200p and maintains a buy recommendation. AG Barr: Investec raises target price from 585p to 620p retaining an add rating. Canaccord Genuity ups target price from 630p to 650p and keeps a buy recommendation. Arbuthnot: Numis downgrades from add to hold
Read moreFTSE 250 movers: Ladbrokes declines on broker concerns
21st Jan 2014 14:25
Ladbrokes slumped after JPMorgan Cazenove expressed concerns about potential regulatory restrictions on machine gaming, which could result in 'material downgrades and significant shop closures' at the bookmaker. Consumer products group PZ Cussons also took a hit after reporting that its first hal
Read moreLondon midday: Markets edge higher but rangebound
21st Jan 2014 11:22
- Unilever rises after annual results - Miners fall as Goldman adjusts metal price forecasts - Credit squeeze eases in China - German ZEW survey weakens techMARK 2,854.01 +0.01% FTSE 100 6,844.27 +0.11% FTSE 250 16,191.74 -0.22% It was another subdued morning in London with the FTSE 100 trading wi
Read moreLondon open: FTSE 100 closing in on record high after positive start
21st Jan 2014 08:37
- FTSE 100 surpasses last year's closing high - Chinese central bank eases cash squeeze - Unilever impresses with 2013 results - Miners fall as Goldman adjusts metal price forecasts techMARK 2,861.62 +0.28% FTSE 100 6,846.21 +0.14% FTSE 250 16,240.35 +0.08% UK markets were closing in on their all-
Read moreCurrency headwinds limit first-half growth at PZ Cussons
21st Jan 2014 08:10
- Profits up 6.2 per cent, sales up 4.1 per cent - Weakening currencies in Asia weigh on growth - Analysts at Panmure Gordon cut forecasts Consumer products group PZ Cussons managed to hit market forecasts in the first half despite currency headwinds limiting growth in revenues and profits. The co
Read moreTuesday preview: Unilever and Cussons report, IMF updates world outlook
20th Jan 2014 15:34
Unilever is expected to report its slowest sales growth for three years on Tuesday, reflecting weak demand and weakening currencies in emerging markets including Brazil, India, Russia and Indonesia. The consumer goods giant issued a profit warning in September ahead of its final results tomorrow. A
Read moreThursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
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