Wednesday broker round-up UPDATE
26th Feb 2014 08:54
Anglo Pacific: FinnCap cuts target price from 279p to 216p, downgrades to hold. Ashmore Group: UBS reduces target price from 405p to 355p, while leaving its buy recommendation unchanged. Jefferies cuts target price from 475p to 375p, while its buy recommendation is kept. Barclays lowers target pric
Read moreRestaurant Group confident on prospect after good 2013
26th Feb 2014 08:35
The Restaurant Group, owner of the Frankie and Benny's and Garfunkel's brands, posted healthy full-year numbers and struck a confident note on outlook, noting it has made a strong start to its new year and that the improving UK economy bodes well for its operations over 2014. Pre-tax profits for i
Read moreFriday broker round-up UPDATE
7th Feb 2014 09:30
Acal: N+1 Singer initiates with a target price of 380p and a buy recommendation. AstraZeneca: Societe Generale ups target price from 3030p to 3126p, but still recommends selling. Barratt Developments: Deutsche Bank raises target price from 394p to 480p keeping a buy recommendation. Beazley: Canac
Read moreWednesday broker round-up UPDATE
5th Feb 2014 09:04
Afren: Westhouse Securities ups target price from 165p to 180p retaining a buy recommendation. Amlin: Nomura lowers target price from 467p to 442p maintaining a neutral rating. ARM Holdings: Jefferies reduces target price from 1300p to 1140p, while keeping a buy recommendation. Deutsche Bank cuts
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreWednesday broker round-up UPDATE
22nd Jan 2014 08:33
Admiral Group: Numis raises target price from 1425p to 1710p upgrading from add to buy. African Barrick Gold: Deutsche Bank moves target price from 180p to 190p and keeps a hold recommendation. RBC Capital takes target price from 220p to 250p and maintains an outperform rating. JP Morgan ups target
Read moreTuesday broker round-up UPDATE
21st Jan 2014 08:17
BG Group: Credit Suisse ups target price from 1170p to 1200p, while leaving its underperform rating unchanged. BHP Billiton: UBS lowers target price from 2090p to 2060p, while its buy recommendation is kept. Diageo: UBS cuts target price from 2050p to 2000p maintaining a neutral rating. DP World
Read moreRestaurant Group Chief Executive to retire in August
21st Jan 2014 07:48
Frankie & Benny's restaurant chain operator, Restaurant Group confirmed that Chief Executive Officer (CEO) Andrew Page is to retire from the group in August 2014. Following his retirement as CEO, Page has agreed to remain with the group as advisor to the Chairman to help ensure an orderly handover.
Read moreFTSE 25 movers: Laird leads pack after 'significantly stronger' half
9th Jan 2014 14:57
Electronics components maker Laird led the FTSE 250's rise on Thursday as it expressed confidence it will hit full-year expectations after enjoying a 'significantly stronger' second half. The cost of restructuring to keep on top of market innovations offset the higher demand from smartphone and con
Read moreRestaurant Group expects annual profit to beat forecasts
9th Jan 2014 10:57
- Turnover rises nine per cent in 2013 - Like-for-like sales up 3.5 per cent - Annual profit to exceed market forecasts The Restaurant Group expects full-year profit ahead of market forecasts on the back of higher margins and new restaurant openings. The company, known for its chains such as Fran
Read moreRestaurant Group on track as YTD sales rise 9.1 per cent
15th Nov 2013 07:19
Restaurant Group, the company behind the Frankie and Benny's, Chiquito and Garfunkel's chains, said it is on track to meet forecasts this year after 'good progress' in the third quarter. The company said that after 45 weeks of trade in 2013, total sales are up 9.1% year-on-year with like-for-like s
Read moreThursday broker round-up UPDATE
17th Oct 2013 09:45
AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu
Read moreThursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreMonday broker round-up UPDATE
2nd Sep 2013 08:57
Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price
Read more