Tuesday 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 moreThursday broker round-up UPDATE
12th Dec 2013 08:13
British American Tabacco: Credit Suisse reduces target price from 3700p to 3550p and retains its outperform rating. City of London Inc Group: N+1 Singer cuts target price from 260p to 220p downgrading to hold. Diageo: Credit Suisse reduces target price from 2350p to 2200p and maintains an outperfo
Read moreTuesday broker round-up UPDATE
10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read moreThursday broker round-up UPDATE
5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
Read moreThursday tips round-up: Sage, Brewin Dolphin
5th Dec 2013 07:44
On Wednesday software manufacturer Sage reported a 33m pound increase in free cash-flow for the full-year to 417m pounds. This is key as the company likes to return to shareholders. Indeed, the company´s Chief Executive, Guy Berruyer, said he does not expect to return another 572m pounds to sharehol
Read moreLondon close: Equities waver as long-term yields rise
4th Dec 2013 17:15
- ADP employment report surprises to the upside - Traders brace for Friday's US jobs report - Sage races ahead The FTSE ended the session slightly lower after the latest US ADP payrolls number came in ahead of forecasts, which pushed long-term bond yields higher both Stateside and in the UK, thus
Read moreFTSE 100 movers: Sage Group biggest riser after annual results
4th Dec 2013 14:16
Sage Group topped the FTSE 100 on Wednesday despite reporting a drop in annual operating profits. "The fall in profit was due to a charge of £188.2m relating to non-core disposals, therefore without this exceptional charge, the firm actually recorded a pretax profit of £360.5m," Spreadex trader Lee
Read moreLondon midday: Investors brace for upcoming US data releases
4th Dec 2013 12:08
- Fed Beige Book and US ISM services figures ahead - Traders brace for Friday's US jobs report - Sage races ahead techMARK 2,652.09 +0.44% FTSE 100 6,528.83 -0.06% FTSE 250 15,158.24 +0.03% The Footsie spent the first half of the session flittering in and out of the blue, as traders continued to
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreLondon open: FTSE creeps higher, driven by Sage Group
4th Dec 2013 08:41
- FTSE edges higher - Focus on Friday's US jobs report - Sage races ahead techMARK 2,652.09 +0.44% FTSE 100 6,528.83 -0.06% FTSE 250 15,158.24 +0.03% The FTSE inched higher in early trading, as expected, ignoring declines in both the US and Asia as Sage Group drove the top tier index higher with
Read moreLondon pre-open: FTSE to inch back into positive territory
4th Dec 2013 07:27
City sources predict the FTSE 100 will open around four points higher than yesterday's close of 6,532.43, marking a small reversal to yesterday's heavy losses which pushed the FTSE 100 to a seven-week low as weakness in the mining and financial sectors weighed heavily. Despite data earlier in the s
Read moreSage's annual profits fall after disposals
4th Dec 2013 07:08
- Pre-tax profit flat, revenue rises - Exceptional charge due to disposals - Dividend raised six per cent - Revenue growth of six per cent forecast for 2015 Sage Group's annual pre-tax profit was broadly flat at 164.1m pounds, reflecting the cost of non-core disposals. In the year ended September
Read moreMonday broker round-up UPDATE
25th Nov 2013 08:00
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
Read moreSage appoints Steve Hare as new CFO
11th Nov 2013 07:28
Business management and accountancy software giant Sage has named Steve Hare, an Operating Partner at private-equity investment group Apax Partners, as its new Chief Financial Officer (CFO). He replaces Paul Harrison, who announced his intention to leave the firm back in May for California-based WA
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
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