Monday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreMonday broker round-up UPDATE
3rd Mar 2014 08:21
African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling. African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged. Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold. Anglo Ame
Read moreRPS Group boosts divi after 'robust' 2013 performance
27th Feb 2014 10:18
RPS Group reported a 'robust' performance in 2013, prompting a 15 per cent increase in the dividend for investors in the oil and gas consultancy. The company also gave an upbeat outlook for the year ahead, saying it was well-positioned in markets of importance to the global economy. On a statutor
Read moreFTSE 250 movers: African Barrick Gold, Pace, RPS Group
10th Feb 2014 13:19
African Barrick Gold was a top riser as the price of gold rose to a two-week high in the longest rally since August in New York. Pace gained after Barclays raised its price target on the digital set-top box developer from 320p to 450p and its rating from 'neutral' to 'overweight'. Energy stocks de
Read moreThursday broker round-up UPDATE
28th Nov 2013 08:23
Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un
Read moreRPS completes acquisition of Norwegian consulting firm
8th Nov 2013 08:07
International consultancy RPS has completed the acquisition of Oslo-based OEC Consulting, following approval from the Norwegian Competition Authority. The total consideration paid at the close of the transaction was £20m, out of a maximum payable consideration of £31.5m. OEC operates in the infr
Read moreRPS exec reduces stake by nearly a quarter
5th Nov 2013 16:19
Energy and engineering consultant RPS Group said Tuesday that Executive Director, Phil Williams, had that day traded in 100,000 shares, reducing his stake to 318,439. Williams earned £289,500 from the sale, which comes just one week after the FTSE 250 company treated investors to a third quarter u
Read moreTuesday broker round-up UPDATE
5th Nov 2013 08:57
Afren: FinnCap ups target price from 130p to 140p keeping a hold recommendation. African Barrick Gold: Westhouse Securities raises target price from 115p to 170p, while downgrading to sell. Associated British Foods: Numis downgrades to reduce with a target price of 1845p. Panmure Gordon ups target
Read moreFTSE 250 movers: Afren shares jump on strong Q3
31st Oct 2013 13:59
Oil and gas company Afren saw its shares rise strongly after it achieved a six per cent rise in third quarter pre-tax profit to 427m dollars, driven by an increase in revenue and production. Revenue grew 9% to $1.2bn in the nine months ended September 30th, as production jumped 18% to 48,573 barre
Read moreThursday broker round-up UPDATE
31st Oct 2013 08:52
African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target
Read moreRPS encouraged by improving conditions in Q3 - UPDATE
31st Oct 2013 08:15
- On track to meet FY expectations - Improving conditions across - Analysts downgrade 2014/15 earnings due to FX Energy and engineering consultant RPS Group said it remained on track to meet current market expectations for the full year. The FTSE 250 company treated investors to a third quarter
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreLondon pre-open: FTSE to jump around 40 points in early trade
18th Oct 2013 07:46
City sources predict the FTSE 100 will open around 39 points higher than yesterday's close of 6,576.16, tracking Wall Street's S&P 500 higher after it last night hit a record high as investors evaluated what Wednesday's last-minute deal means for the economic outlook. It was reported in the Financ
Read moreRPS to acquire Norwegian consultancy firm
18th Oct 2013 07:06
International consultancy RPS has agreed to acquire OEC Consulting, a Norway-focused company which operates within a variety of sectors including oil & gas, infrastructure and health. OEC, which will be acquired for a maximum consideration of £31.5m cash, employs about 100 staff and engages associ
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
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