Tuesday broker round-up
31st Jul 2012 09:19
Dignity: N+1 Brewin upgrades to add, target raised from 880p to 950p. Diploma: Jefferies reiterates buy rating and 510p target. Elementis: N+1 Brewin upgrades to buy, target upped from 220p to 230p. EnQuest: HSBC upgrades to overweight, target lifted from 135p to 143p. Faroe Petroleum: Nomura ra
Read moreRotork steaming ahead
31st Jul 2012 08:08
Valve engineering group Rotork saw record half-year revenue and profit in each of its divisions, while order intake also hit new highs despite a slow-down in orders from India and China. Boosted by recent acquisitions, revenue in the first half of the year rose 23.3%, or 17.1% on an organic constan
Read moreWednesday broker round-up
27th Jun 2012 09:20
Alliance Pharma: Investec downgrades from buy to hold, target slashed from 34p to 25p. APR Energy: Credit Suisse keeps outperform rating and 1,300p target. Aviva: Jefferies downgrades from buy to hold, target cut from 386p to 281p. Avanti Comms: Jefferies retains buy rating and 600p target. Brit
Read moreFriday broker round-up
20th Apr 2012 08:25
ARM Holdings: Jefferies raises target from 466p to 485p, underperform rating kept. Debenhams: UBS raises target from 75p to 80p, neutral recommendation kept; Nomura ups target from 81p to 90p, neutral rating kept. IMI: Investec maintains buy rating, 1,180p target under review. Intermediate Capita
Read moreLondon pre-open: FTSE set for flat start
20th Apr 2012 07:38
City sources predict the FTSE 100 will open down one point from yesterday's close of 5,745 as investors balance yesterday's poor US jobs data with the strong sale of Spanish bonds. Weekly initial unemployment claims fell by 2,000 to 386,000 last week, according to data out yesterday from the US La
Read moreRecord order intake for Rotork
20th Apr 2012 07:09
Orders are flowing in at valve engineering group Rotork, which has had a record quarter for order intake, as the group continued the strong performance seen at the end of 2011. Revenue in the first quarter was up 26% (or 18% on an organic constant currency basis) ahead of the prior year. The order
Read moreWednesday broker round-up
14th Mar 2012 10:02
Antofagasta: Fox-Davies upgrades from sell to hold, target lifted from 1,121p to 1,197p. AZ Electronic Materials: Goldman Sachs upgrades from buy to conviction buy, target raised from 380p to 440p. Close Brothers: UBS raises target from 690p to 750p, neutral rating kept. Computacenter: UBS raises
Read moreWednesday broker round-up - UPDATE
7th Mar 2012 08:33
John Wood: HSBC downgrades to underperform from neutral. Aquarius Platinum: Panmure Gordon upgrades to buy from sell. Lonmin: Panmure Gordon upgrades to buy from sell. Admiral: Nomura maintains buy rating and 1,100p target. Anglo American: AlphaValue upgrades to buy from add and lowers pri
Read moreMurdoch's senior advisor ditches bucket load of shares
2nd Mar 2012 16:08
Arthur Siskind, senior advisor to News Corp. Chairman Rupert Murdoch, has ditched 120,000 shares in the firm. Siskind sold the shares at $20.26 each for a total of $2,431,200 on February 29th. The transaction came just one day before James Murdoch, son of media mogul Rupert Murdoch, quit his rol
Read moreTuesday broker round-up - UPDATE
28th Feb 2012 10:02
SABMiller: Nomura downgrades from buy to neutral, target increased from 2,600p to 2,700p. HSBC: Nomura cuts tagged from 725p to 650p, buy rating kept. Pearson: Nomura reiterates reduce rating and 1,200p target. Whitbread: Peel Hunt cuts target from 1,938p to 1,860p, buy rating kept; Nomura reiter
Read moreLondon pre-open: German agreement boosts sentiment
28th Feb 2012 07:27
City sources predict the FTSE 100 will open up 9 points from yesterday's close of 5,916, with Germany's agreement to the Greek bailout package providing a boost to investor sentiment. In companies, last year was a record breaking year on many fronts for Rotork with the valve engineering group set
Read moreRotork firing on all cylinders
28th Feb 2012 07:01
Last year was a record breaking year in many fronts for Rotork with the valve engineering group setting new highs for revenue, profit and order intake in each of its divisions. Revenue in 2011 rose 17.7%, or 15.9% on an organic constant currency basis, to £447.8m from £380.6m in 2010, ahead of mark
Read moreFTSE 250 movers: Mondi tops the charts
14th Feb 2012 14:08
Paper and packaging group Mondi raced into the top spot after saying underlying profit for the fourth quarter of 2011 is expected to be on a par with the corresponding quarter of 2010. Software group Misys was climbing amid reports that it has gained interest from various buyout groups. Speculato
Read moreLondon midday: German ZEW survey provides a boost to UK stocks
14th Feb 2012 11:48
- German ZEW expectations index swings into positive territory. - Moody's downgrades six nations, cuts outlook for three others to negative. - Bunzl, Barclays higher after broker upgrades. After an initial slump on the back of a mass downgrade of European sovereigns by Moody's, a sharp rise was rec
Read moreTuesday broker round-up - UPDATE
14th Feb 2012 10:40
British Land: Credit Suisse downgrades to neutral from outperform, target cut to 532p from 560p. Barclays: UBS raises target from 199p to 240p, neutral rating kept. Shore Capital upgrades to neutral from sell. Exane BNP upgrades to overweight from neutral. Standard Life: Nomura raises target from
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