Broker tips: Schroders, Sainsbury, Antofagasta, RSA
18th Mar 2014 12:36
Credit Suisse has lifted its target price for Schroders from 2,810p to 2,900p after the asset manager beat consensus forecasts with its 2013 results earlier this month. However, the bank maintained its 'neutral' recommendation on the shares, saying that while it sees improving flow momentum in 2014
Read moreCredit Suisse lifts Schroders target price, but stays 'neutral'
18th Mar 2014 09:17
Credit Suisse has lifted its target price for Schroders from 2,810p to 2,900p after the asset manager beat consensus forecasts with its 2013 results earlier this month. Schroders said on March 6th that pre-tax profits rose 24% to £447.5m in the 12 months to December 31st, earnings per share (EPS) w
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreMonday 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 moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreFriday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreLondon close: Stocks glide higher amid multiple data and corporate releases
6th Mar 2014 16:59
- Focus on BoE and ECB decision - Aviva leads risers - US jobless numbers come in below consensus techMARK 2,887.46 -0.40% FTSE 100 6,788.49 +0.19% FTSE 250 16,671.75 +0.35% UK stocks ended the day on a positive note, as investors digested central bank decisions from the Bank of England (BoE) and
Read moreFTSE 100 movers: Aviva rises after 2013 results impress
6th Mar 2014 14:49
Shares in insurer Aviva soared after investors celebrated a better-than-expected set of 2013 results as its turnaround under Chief Executive Mark Wilson saw encouraging progress. Operating profits rose 6% year-on-year to £2,049m, some 3% ahead of the consensus estimate of £1,988m. Panmure Gordon w
Read moreBroker tips: Aviva, Schroders, Rolls-Royce, Imagination Technologies
6th Mar 2014 13:05
The share price of insurance giant Aviva soared on Thursday after the company beat expectations with its 2013 results, with Panmure Gordon providing a lift as it upgraded its rating on the stock from 'hold' to 'buy'. The broker highlighted Aviva's internal debt position which had reduced from £5.1b
Read moreLondon midday: Stocks pare gains ahead of ECB as BoE holds fire
6th Mar 2014 11:38
- BoE leaves rates on hold - ECB speculation ramps up ahead of decision - Crimea votes to join Russia, referendum set for 10 days - Aviva, Aggreko and Schroders jump after results techMARK 2,894.33 -0.17% FTSE 100 6,784.24 +0.13% FTSE 250 16,663.49 +0.30% UK stocks had trimmed earlier gains by Thu
Read moreSchroders delivers a 'strong set of numbers', says Credit Suisse
6th Mar 2014 11:31
Credit Suisse has maintained a 'neutral' rating and 2,810p target price for asset management firm Schroders but admitted that the company delivered a 'strong set of numbers' with its 2013 results on Thursday. The bank highlighted that the stock is currently trading at a price-to-earnings ratio of 1
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreSchroders hikes dividend by 35 per cent after record 2013
6th Mar 2014 07:48
- Dividend up 35 per cent - Adjusted profits rise 41 per cent - Revenues rise 24 per cent Schroders hiked its full-year dividend by 35 per cent after a record year for the asset management group in 2013 as the company saw profits surge. The firm warned that 2014 is likely to be "more challenging f
Read moreFTSE 100 movers: Majority of stocks in red as risk appetite weakens
3rd Mar 2014 14:20
UK stocks sank to their lowest levels in two weeks today, with escalating tensions in Ukraine prompting a sharp reduction in risk appetite. This saw investors flee towards safe-haven assets, such as gold and silver, today, pushing the share prices of precious metal producers Randgold and Fresnillo
Read moreLondon midday: Stocks hit two-week low on Ukraine concerns
3rd Mar 2014 11:25
- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday
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