Friday broker round-up UPDATE
17th Jan 2014 10:05
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr
Read moreThursday tips round-up: Robert Walters, Galliford Try
9th Jan 2014 11:08
Recruitment specialist Robert Walters's latest quarterly update was quite intriguing. Fee income in the latest three months was up by nine per cent once currency factors are taken away. That looks encouraging enough. Does that tell us something about the state of the economy? Perhaps not what one wo
Read moreRobert Walters encouraged despite Australia challenges
8th Jan 2014 12:09
Recruiter Robert Walters issued a promising update showing a solid net fee income growth across most regions in the fourth quarter. Group net fee income, or gross profit, rose 9% in constant currencies to £49.7m in the period, with UK delivery strongest growth. However, its largest division, Asia
Read moreWednesday tips round-up: Victrex, Burlington Stores, Robert Walters
9th Oct 2013 07:07
Polyether ether ketone (PEEK), never heard of it? For the ignorant, it is a thermoplastic. Yes indeed, it goes into smartphones, cars, aircraft ? about a tonne in each Boeing Dreamliner ? and into medical products such as spine strengtheners and dental plates that are put into the human body. Victre
Read moreTuesday broker round-up UPDATE
8th Oct 2013 11:39
Aviva: Alphavalue shifts target price from 366.70p to 366.20p downgrading from reduce to sell. Barclays: Credit Suisse reinitiates with a target price of 280p and a neutral recommendation. BHP Billiton: Alphavalue reduces target price from 1972.70p to 1732p downgrading from add to reduce. Chesnar
Read moreRobert Walters trading in line, strong UK performance
8th Oct 2013 07:37
Recruitment firm Robert Walters revealed net fee income growth, in constant currency across all of its regions, with the UK performing particularly well. The group, which has 53 offices in 24 countries, said UK net fee income surged 21% after robust growth in Resource Solutions and the regions in p
Read moreThursday broker round-up UPDATE
3rd Oct 2013 08:21
Alternative Networks: Westhouse Securities downgrades to neutral with a target price of 350p. ARM Holdings: Credit Suisse moves target price from 1030p to 1050p and reiterates an outperform rating. Burberry Group: JP Morgan raises target price from 1450p to 1550p reiterating a neutral rating. Car
Read moreMonday broker round-up UPDATE
30th Sep 2013 08:23
African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen
Read moreCLS Chairman sells shares, while Vice Chairman tops up stake
16th Aug 2013 16:06
The Chairman of CLS Holdings cut his sizeable stake in the company this week while the Vice Chairman chose to increase his holding, just two days after the property group impressed the market with its first-half report. CLS said on Friday that Sten Mortstedt, the Chairman who established the firm i
Read moreWednesday broker round-up UPDATE
14th Aug 2013 07:53
Afren: Investec moves target price from 160p to 170p and stays with its buy recommendation. APR Energy: Investec places its target price (prev.: 900p) under review and maintains a hold recommendation. Aviva: Canaccord Genuity raises target price from 385p to 460p upgrading from hold to buy. Balfo
Read moreRobert Walters H2 profits hiked on higher UK hirings - UPDATE
12th Jul 2013 11:54
Recruiter Robert Walters has generated increased net fee income across all regions in the second quarter but continued to retain its cautious outlook. Brokers were greatly encouraged by the statement and felt it hinted at a recovery for the sector if not the economy. The Covent Garden headquarte
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
Read moreTuesday broker round-up UPDATE
18th Jun 2013 08:19
Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 350p. Andes Energia: Westhouse Securities initiates with a target price of 60p and a buy recommendation. Andor Technology: Investec reduces target price from 525p to 360p downgrading from buy to hold. A
Read moreWednesday tips round-up: Centamin. Robert Walters, Lonrho
10th Apr 2013 07:36
Egypt-focused gold miner Centamin yesterday unveiled a better than forecast increase in production which - if sustained - could see the company beat its own guidance for the year. Unfortunately, it continues to be dogged by legal squabbles in the North-African country and a judicial process which is
Read moreTuesday broker round-up UPDATE
9th Apr 2013 08:10
African Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco
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