Friday broker round-up UPDATE
31st Oct 2014 09:36
Afren: Deutsche Bank lowers target price from 110p to 105p, leaving its hold recommendation unaltered. Aviva: Barclays ups target price from 397p to 420p and reiterates its equal-weight rating. Barclays: Deutsche Bank lowers target price from 300p to 295p and leaves its buy recommendation. Country
Read moreThursday broker round-up UPDATE
2nd Oct 2014 10:11
BAE Systems: Investec downgrades from hold to sell with a target price of 430p. British Sky Broadcasting: Credit Suisse ups target price from 600p to 630p and reiterates an underperform rating. Cobham: Investec lowers target price from 290p to 280p and stays with its reduce rating. Consort Medical
Read moreFTSE 250 movers: Afren leads risers as Ferrexpo continues to slide
1st Oct 2014 14:39
Afren was rising strongly after it late on Tuesday released a statement saying its ongoing independent review had found no further evidence relating to the receipt of unauthorised payments. The review is expected to be completed by mid-October. Countrywide climbed after announcing plans to accelerat
Read moreRPS to acquire consultancy firm CgMs for up to £13m
11th Aug 2014 08:14
RPS has announced its plans to acquire planning and development services consultancy CgMs Holdings for up to £13m. FTSE 250-listed RPS believes the purchase, which includes CgMs's subsidiary, CgMs limited, will offer "excellent opportunities" within the historic buildings and heritage assets marke
Read moreLondon pre-open: Strong performance in Asia to lift blue chips
11th Aug 2014 07:50
London's blue chips are heading for a positive start to the week following an upbeat performance by Asian stocks overnight. City sources predict the FTSE 100 will open around 40 points higher than Friday's close of 6,567.36. The gains have been driven by an in line consumer price index (CPI) from
Read moreFTSE 250 movers: RPS continues to slide, Direct Line lifted by special divi
1st Aug 2014 14:20
RPS, which provides consultancy services to the natural resources, land and property sectors, continued to fall one day after the group posted a fall in revenue from £280.9m to £279.4m. Broker Jefferies on Friday reduced its target price from 385p to 320p. Hedge fund manager Man Group announced hig
Read moreFriday broker round-up UPDATE
1st Aug 2014 10:33
AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation. Avacta: Numis places both its target price and its buy recommendation under review. Barclays: Berenberg upgrades from sell to hold with a target price of 220p. Bodycote: UBS shifts target price f
Read moreRPS results hurt by tough market conditions, strong sterling
31st Jul 2014 12:38
RPS, which provides consultancy services to the natural resources, land and property sectors, said first-half pre-tax profit rose as the European business continued its steady growth. Profit before tax and amortisation of acquired intangibles and transaction related costs came to £31.4m, up from £3
Read moreThursday tips round-up: RPC, Workspace
5th Jun 2014 08:45
Packaging manufacturer RPC's financials have two main drivers: macroeconomic trends and its success in moving away from what it calls 'commoditised packaging' in search of higher margins. On the first of those fronts, its markets in the Eurozone saw some recovery, such as in Spain, the UK and in the
Read moreRPS acquires US environmental consultancy
20th May 2014 09:00
Oil and gas consultancy RPS has acquired US-based GaiaTech Holdings, it announced on Tuesday. The environmental consultancy, which was bought for an enterprise value of $34m (£20.2m), employs 85 staff who provide risk management advice to the US industrial sector and its investors and advisors in b
Read moreFriday broker round-up UPDATE
9th May 2014 08:44
Advanced Medical Solutions: Numis ups target price from 105p to 121p and retains its hold recommendation. Arrow Global: Numis upgrades from add to buy with a target price of 285p. Bank of Georgia: Numis downgrades from buy to hold with a target price of 2708p. Barclays: Citi lowers target price f
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreRPS confirms its 2014 growth had been affected by sterling
1st May 2014 08:38
Shares in FTSE 250-listed RPS Group dipped slightly on Thursday morning after the group confirmed the anticipated impact of sterling on its growth since the start of the year. However, the natural resources consultancy said it had sufficient resources to maintain the usual rate of growth in the di
Read moreFTSE 250 movers: Kazakhmys slides after broker assesments
10th Apr 2014 15:53
Kazakhmys was in the bottom spot on the second tier after a week of unimpressive broker comments. On Tuesday Deutsche Bank reiterated its 'sell' rating, while Investec reduced its price target from 294p to 280p. The group has recently unveiled plans for a restructuring, which will see it split into
Read moreRPS acquires wastewater consultancy firm Clear
10th Apr 2014 07:49
Natural resources, land and property consultancy RPS Group has acquired Clear Environment Consultants as part of the expansion of its European business. Clear, which provides services primarily to the water industry, has been bought for a maximum consideration of £8.34m. Founded in 2003 with offic
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