Wednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreRightmove upbeat after 'healthy' growth in third quarter
7th Nov 2013 07:54
Property website Rightmove said it is confident of hitting full-year targets after healthy growth in revenue and earnings and strong cash generation since the first half. Average revenue per advertiser rose during the third quarter as customers continued to increase spend on additional advertising
Read moreLondon property demand drives UK house prices higher
21st Oct 2013 10:29
An "unsustainable" rise in London house prices in London pushed the UK property market higher this month, according to property website Rightmove. Prices in the UK capital rose 10.2% or £50,484 to an average £544,232 in October while average prices in England and Wales climbed 2.8% to £252,418, reb
Read moreZoopla said to be eyeing a London listing
9th Sep 2013 18:26
Zoopla is said to be considering a stock-market flotation that could value the online property website at up to 1.3bn pounds, the latest in a string of recent listings by property firms looking to take advantage of the current 'boom' in the UK housing market. Government stimulus measures such as th
Read moreLondon close: Tapering concerns continue to hit stocks
19th Aug 2013 16:27
Concerns about the future of US stimulus continued to weigh on stocks on Monday with London's mining sector bearing the brunt of a reduction in risk appetite amongst investors. Market sentiment has been fragile in recent weeks due to heightened speculation that the Federal Reserve will taper its qu
Read moreFTSE 250 movers: Kentz rockets after AMEC approach
19th Aug 2013 14:48
The share price of engineering solutions group Kentz Corporation surged on Monday after the company rejected a 565-580p-a-share proposal from AMEC, saying it undervalued the company. The approach values Kentz at around £680m, compared with Friday's market cap of around £560m (476p a share). The com
Read moreMonday broker round-up UPDATE
19th Aug 2013 08:27
Arcontech Group: Northland Capital shifts target price from 0.16p to 0.18p and maintains a buy recommendation. Balfour Beatty: Deutsche Bank ups target price from 220p to 280p and upgrades to buy. Bovis Homes Group: Jefferies raises target price from 909p to 995p and keeps a buy recommendation.
Read moreFriday broker round-up UPDATE
9th Aug 2013 07:29
Aquarius Platinum: Deutsche Bank lowers target price from 63p to 60p keeping a buy recommendation. Ashmore Group: HSBC ups target price from 400p to 435p, while keeping overweight rating. ASOS: UBS raises target price from 4600p to 6000p staying with its buy recommendation. Aviva: Bank of America
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreThursday tips round-up: British American Tobacco, Rightmove
1st Aug 2013 06:43
British American Tobacco (BAT), like the rest of the industry, is facing future headwinds, The Telegraph's Questor column said. The global trade in illicit cigarettes always increases in a downturn and it is now growing at about 1.0 per cent each year but it is falling in places such as Canada, Mexi
Read moreFTSE 250 movers: Rightmove, F&C Asset Management
31st Jul 2013 13:36
Rightmove moved to the top of the FTSE 250 ladder after reporting a rise in underlying operating profit for the first half of the year, boosted by an improving housing market and investment in its own technology. F&C Asset Management surged after the investment firm reported better than expected in
Read moreRightmove posts rise in half-year profits and revenues
31st Jul 2013 09:12
Rightmove achieved a 15 per cent increase in underlying operating profit of 49m pounds in the first half as the UK property website secured more advertisers. Profit after tax rose 16% to £34.1m and revenue grew at the same rate to £67.2m in the six months to end of June, boosted by a 3.5% jump in t
Read moreShare tips: Rolls-Royce, Drax, Rightmove, TalkTalk
28th Jul 2013 16:11
Innovation will help drive sales at Rolls-Royce as jet fuel costs increase, regulation of airport noise tightens and aircraft makers build larger models, The Daily Telegraph's Questor says. The need for quieter, more efficient engines and increased airline traffic from emerging markets will boost th
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