Monday broker round-up UPDATE
13th Oct 2014 09:32
Amino Technologies: Northland Capital upgrades to buy with a target price of 100p. Anglo American: Canaccord Genuity initiates with a target price of 1720p and a buy recommendation. Credit Suisse upgrades to outperform with a target price of 1800p. Associated British Foods: Societe Generale upgrade
Read moreRenishaw's first quarter revenue rises on Far East growth
3rd Oct 2014 08:21
Renishaw reported a rise in first quarter revenue, supported by growth in the Far East. The UK engineering company achieved revenue of £101m, up from £79m the previous year, according to a trading statement that revealed no further details. At the time of the firm's final results in July, the grou
Read moreThursday broker round-up UPDATE
21st Aug 2014 11:34
Beowulf Mining: Cantor Fitzgerald places its target price under review, while keeping a buy recommendation. Cairn Energy: Investec ups target price from 220p to 245p and reiterates a buy recommendation. Carillion: Oriel reinstates with a target price of 402p and a buy recommendation. Gem Diamonds
Read moreThursday broker round-up UPDATE
24th Jul 2014 08:59
Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight. Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation. Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy. ARM
Read moreFTSE 250 movers: Renishaw surges as investors celebrate strong finish to year
23rd Jul 2014 14:37
Renishaw's market value increased by almost a fifth on Wednesday as the engineering company delivered an all-time high annual revenue of £355.5m in the year to June 30th after a record fourth quarter. Numis upgraded the stock from 'hold' to 'add' today, helping the stock rise 19% by the afternoon.
Read moreBroker tips: Capita, BHP Billiton, ARM Holdings, Renishaw
23rd Jul 2014 12:51
Investec said it sees momentum building at Capita after a "strong set of interims" from the outsourcing group, which revealed double-digit organic growth and operating margins. "Whilst the current valuation is not compelling, it is equally difficult to ignore the strong momentum in this business, w
Read moreLondon midday: FTSE 100 tops 6,800 as earnings impress
23rd Jul 2014 12:08
- Capital, BHP, Renishaw rise strongly after results/updates - BoE votes unanimously on rates - Ukraine, Gaza still in focus but fears ease techMARK 2,833.96 +0.26% FTSE 100 6,816.83 +0.32% FTSE 250 15,696.15 +0.29% UK stocks were trading at their highest level in over two weeks on Wednesday as we
Read moreNumis upgrades Renishaw to 'add' after strong Q4
23rd Jul 2014 10:31
A strong finish to the year by Renishaw prompted Numis Securities to upgrade its rating on the stock from 'hold' to 'add' on Wednesday after the engineering group beat forecasts with its annual results. The firm, which works in the measurement, motion control, spectroscopy and precision machining m
Read moreLondon open: Capita, BHP Billiton lead gains ahead of BoE minutes
23rd Jul 2014 09:03
- FTSE 100 on track for highest finish since July 7th - BoE minutes eyed amid rate-hike speculation - Capita gains after strong first half - BHP leads miners higher as production rises techMARK 2,836.01 +0.33% FTSE 100 6,799.25 +0.06% FTSE 250 15,704.44 +0.34% After an initial fall, UK stocks push
Read moreWednesday broker round-up UPDATE
23rd Jul 2014 09:01
Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:
Read moreSector movers: Domino Printing sinks electricals, Croda weighs on chemicals
24th Jun 2014 13:40
Heavy falls from Domino Printing and Croda International sank the electrical and chemical sectors on Tuesday, as results from both companies disappointed the market. Shares in Domino Printing, which develops inkjet, laser and thermal printing products, were down nearly 19% this afternoon after the
Read moreFTSE 250 movers: Restaurant group rises on broker rating
20th Jun 2014 14:33
Restaurant Group was lifted by an upgrade in its rating from Westhouse Securities, which now recommends buying the stock. African Barrick Gold and Centamin were rising strongly after gold prices hit a two-month high yesterday. Engineering group James Fisher was higher on the news it has bought mo
Read moreThursday broker round-up UPDATE
29th May 2014 08:13
AMEC: Berenberg initiates with a target price of 1450p and a buy recommendation. Imagination Technology: UBS ups target price from 200p to 250p and maintains a buy recommendation. IMI: UBS raises target price from 1600p to 1700p upgrading from neutral to buy. John Wood Group: Berenberg initiates
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read moreFTSE 250 movers: 3i rises on good start to the year
14th May 2014 14:29
Private equity group 3i Group rose into the top spot after it said it was starting the year with good momentum and ambitious plans, after unveiling results that showed an encouraging improvement in net asset value (NAV). With private equity realisations reaping £669m, up 43% over opening value, the
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