Tuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreFormer Diageo CEO sells 3.9m-pound stake
1st Aug 2013 15:50
Paul Walsh, the former Chief Executive Officer (CEO) of Diageo who now serves on the board as an advisor, sold nearly four million pounds of shares in the drinks giant on Thursday, just one day after the Guinness maker impressed the market with a solid increase in annual net sales. Walsh, who was
Read moreSector movers: British Land leads real estate stocks lower
24th Jul 2013 15:11
British Land was providing a drag in the real estate investment sector on Wednesday despite saying it had made a 'good' start to the year. The share price was down 1.54% at 607.5p in afternoon trade as investors shrugged off the firm's upbeat comments about a steadily improving economy and signs of
Read moreSegro sells IQ Winnersh and Neckermann assets
22nd Jul 2013 07:47
Property investment and development company Segro announced on Monday the sale of its IQ Winnersh development in the UK and Neckermann site in Frankfurt. The group is selling its IQ Winnersh for £245.1m in cash to a joint venture between Oaktree Capital Mangement LP and Patrizia AG. The developme
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
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreSector movers: property players boosted by demand report
28th Jun 2013 14:55
Property sector companies received a strong boost on Friday from read-across news that overseas investment and commercial occupiers will maintain healthy demand for the next five years. The sector was up 1% by mid-afternoon. The 'Global Investor Appetite' report by law firm Nabarro, saw investors i
Read moreSegro strikes 1bn euro European warehouse tie-up
28th Jun 2013 11:19
Segro has confirmed it has signed a 1bn euro Continental European warehouse joint venture with Canadian pension fund manager PSP Investments. The Slough-based industrial property group will put €974m worth of its Continental European logistic portfolio into the new tie-up. The joint venture will bu
Read moreTuesday tips round-up: Rio Tinto, ENRC, SEGRO
25th Jun 2013 06:07
Rio Tinto's Chief Executive Officer, Sam Walsh, has abandoned plans to sell the group's diamond business after failing to attract a buyer willing to offer the two-billion-dollar price tag. Walsh is now faced with finding an alternative route to improve returns to shareholders to cut the miner's debt
Read moreSEGRO in Europe logistics JV talks
24th Jun 2013 07:26
European industrial property developer SEGRO said, following recent press speculation, it confirms it is in advanced talks with Public Sector Pension Investment Board regarding the contribution of the bulk of SEGRO's Continental European logistics portfolio to seed a joint venture. "SEGRO would ma
Read moreSunday newspaper round-up: ENRC, BIS, PBoC
23rd Jun 2013 23:51
The trio of Central Asian oligarchs who founded FTSE 100 listed miner ENRC are expected to return tomorrow to the markets with an even lower offer for the company. The new bid is expected by analysts to value the company at 240p per share, less even than the 260p initially tabled. While the firm´s
Read moreThursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreTuesday broker round-up UPDATE
4th Jun 2013 07:25
Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreTuesday broker round-up UPDATE
30th Apr 2013 08:20
Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigrou
Read more