Thursday broker round-up UPDATE
28th Feb 2013 07:19
AZ Electronic Materials: Goldman Sachs moves target price from 440p to 450p and retains a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 667p to 679p, while downgrading to hold. British American Tabacco: Investec places its target price (previously 3350p) and buy rec
Read moreFTSE 250 movers: bwin.party leaps on Citigroup upgrade
27th Feb 2013 15:57
Online gaining group bwin.party jumped after Citigroup upgraded its rating for the stock to 'neutral'. "The company´s stock approached technical resistance towards 160p yet seems to have left quite a bullish pattern on charts, although pullbacks are possible given the sharp gains seen over the last
Read moreWednesday broker round-up UPDATE
27th Feb 2013 08:11
: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar
Read moreRestaurant Group lifts profit by a third
27th Feb 2013 07:14
Restaurant and pub operator Restaurant Group reported a sharp increase in full year earnings, lifted its dividend payment and said its new financial year had started well. The Frankie & Benny's, Chiquito and Garfunkel's operator said revenue increased 9% to £533m, with like-for-like sales up 4.5% i
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreFriday broker round-up UPDATE
22nd Feb 2013 07:12
Antofagasta: RBC upgrades from underperform to outperform. Ashmore Group: Citigroup raises target price from 330p to 355p upgrading to neutral. JP Morgan ups target price from 361p to 413p and maintains a neutral rating. Babcock International: Citigroup revises target price from 965p to 1185p and
Read moreFriday broker round-up UPDATE
11th Jan 2013 07:01
Aberdeen Asset Management: Credit Suisse raises target price from 380p to 410p reiterating an outperform rating. Afren: Deutsche Bank cuts target price from 175p to 165p stayling with its buy rating. Ashmore Group: Credit Suisse moves target price from 380p to 375p and downgrades to underperform.
Read moreLondon close: Index closes at highest level since 2008
9th Jan 2013 16:33
UK markets closed significantly higher on Wednesday, up 45 points equal to 11.41bn pounds, with the index closing at its highest level since May 22nd 2008. The gains were led by banking stocks after UBS hiked its targets for the Lloyds, Barclays and RBS, saying 'the UK is over its experiment of co
Read moreFTSE 250 movers: Centamin rises on record production
9th Jan 2013 15:28
Egypt-focused gold mining and exporting company Centamin has posted record production at its Sukari Gold Mine for the final quarter of 2012. During the three month period gold production totalled 85,543 ounces, up 45% on the same period the previous year and 40% higher than that generated in the t
Read moreRestaurant Group expects tricky trading conditions to continue
9th Jan 2013 07:53
Restaurant and pub operator Restaurant Group said it expects profit for the 52 weeks to December 30th to come in a touch ahead of most market forecasts but cautioned that trading conditions in 2012 are likely to persist in 2013. "Looking forward, whilst we anticipate similar economic conditions to
Read moreFriday tips round-up: Croda, Restaurant Group, Shell
2nd Nov 2012 06:41
Tempus in The Times writes that Croda is not as recession-proof as we thought, reporting weaker than expected third-quarter results. It has reported a stronger start to the fourth quarter, although it still cautioned that it expected its performance in the final three months of the year to be simila
Read moreSales rocket at Restaurant Group
1st Nov 2012 07:26
Restaurant and pub operator Restaurant Group said sales for the 43 weeks to October 28th rose 8.25 per cent on the previous year despite tough high street conditions. The Frankie & Benny's restaurant chain operator said it has continued to make good progress with like-for-like (LFL) sales 3.5% ahea
Read moreWednesday broker round-up
5th Sep 2012 09:20
AMEC: Nomura retains buy rating and 1,240p target. Ashtead: UBS ups target from 340p to 375p, buy rating unchanged. ASOS: Oriel Securities upgrades to buy; BarCap upgrades to overweight, target lifted rom 1,800p to 2,400p. BP: Investec keeps buy rating and 460p target. BT Group: JPMorgan Cazenov
Read moreFTSE 250 movers: Bwin falls on difficulties in Southern Europe
31st Aug 2012 14:45
Online gaming titan bwin.party was down after saying its poker offering has been hit by strong competitors and difficulties in southern Europe. The firm also had to take a nasty one-off charge of €31.5m after the Spanish authorities contacted all of the major online gaming operators making clear a
Read moreLondon midday: Waiting to see what's up Bernanke's sleeve
31st Aug 2012 11:40
- All eyes on Bernanke - Merkel asks Italy to delay bailout request - Redrow Chairman makes takeover approach The Footsie had moved into positive territory by Friday lunchtime following three straight days in the red, though gains were only mild as investors showed caution ahead of a pivotal speec
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