Tuesday broker round-up UPDATE
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreFTSE 250 movers: Kazakhmys hit by downgrade
26th Apr 2013 14:38
Mining group Kazakhmys fell after Deutsche Bank lowered its target price on the stock from 610p to 600p, maintaining its hold recommendation. The downgrade comes one day after the group said it is on track to meet its annual production targets. Shares in International Personal Finance were treatin
Read moreRotork reports record Q1 order intake
26th Apr 2013 07:51
Actuator manufacturer and flow control company Rotork has reported record order intake in the first quarter, but warned revenue growth of five per cent in the first quarter has been negatively affected by the weighting of orders scheduled for delivery in the second quarter. Order intake in the thre
Read moreLondon pre-open: FTSE expected to open lower on profit taking
26th Apr 2013 07:30
City sources predict the FTSE 100 will open down 23 points from yesterday's close of 6,443 on the expectation of some end of the week profit taking. In the US last night stocks started the day strongly on the back of better-than-expected jobless claims and corporate earnings but gains were trimmed
Read moreFriday broker round-up UPDATE
26th Apr 2013 07:24
Admiral Group: HB Markets initiates with a buy recommendation. AstraZeneca: Deutsche Bank takes target price from 3100p to 3160p and leaves its hold recommendation unchanged. Avon Rubber: Investec upgrades from hold to add with a target price of 420p. Betfair Group: Citigroup raises target price
Read moreTuesday broker round-up UPDATE
26th Mar 2013 07:41
Abbey Protection: Numis downgrades to hold with its target price at 120p. Aberdeen Asset Management: Bank of America raises target price from 425p to 455p keeping a neutral rating. JP Morgan moves target price from 498p to 532p, while its overweight rating remains unchanged. Exane BNP ups target pr
Read moreMonday broker round-up UPDATE
25th Mar 2013 07:12
Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3
Read moreTuesday broker round-up UPDATE
19th Mar 2013 07:21
Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill
Read moreJohn Menzies director trades in 100,000 shares
11th Mar 2013 16:20
Ian Harrison, a non-executive Director of John Menzies, the FTSE 250 aviation and distribution group, has sold 100,000 at 766.00p each, it was announced Monday. The £766,000 transaction comes less than a week after the company pleased investors with an upbeat set of full-year results for 2012, desp
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreAdmiral Group Chairman trades in 100,000 shares
7th Mar 2013 15:42
Alastair Lyons, the long-standing Chairman of Admiral Group, the non-life insurance giant, reduced his stake by 100,000 shares in the wake of a strong set of full year results. In a sale made on behalf of his wife, Lyons disposed of the shares at 1,314p each, shrinking his holding to 392,152 share
Read moreThursday broker round-up UPDATE
7th Mar 2013 07:25
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation. African Barrick Gold: Nomura cuts target price from 435p to 200p and downgrades from neutral to reduce. Aggreko: Investec increases target price from 1750p to 1940p upgrading from hold to buy. Anglo American: No
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
Read moreFTSE 250 movers: Regus leaps on strong performance
5th Mar 2013 15:06
Revenue rose 9.2 per cent to 1.2bn pounds at Regus in the year ended December 31st, prompting shares to rise. The group, which provides flexible workplaces, reported that operating profit rose by 66% to £90.2m and total overheads increased 4.1% at constant currency. Shares in Ophir Energy made s
Read moreRotork warns on regional weakness
5th Mar 2013 10:09
Valve engineering group Rotork delivered a strong set of full year results on Tuesday, but shares dipped as the group warned on the likelihood of weakness within some regions as a result of the current economic conditions. Revenue for the 12 months came in at £511.7m, up 14.3% from £447.8m in 2011
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