Monday broker round-up - UPDATE
28th Jan 2013 08:04
Amino Technologies: Northland Capital takes price target from 75p to 80p reiterating a buy recommendation. Anglo American: Deutsche Bank shifts target price from 2230p to 2200p and retains a buy recommendation. Anite: Panmure Gordon increases target price from 165p to 170p and maintains a buy rati
Read moreTuesday broker round-up UPDATE
4th Dec 2012 07:35
Anite: Panmure Gordon moves target price from 163p to 165p; buy recommendation kept. Canaccord Genuity raises target price from 143p to 169p and maintains a buy recommendation. Ashtead: Seymour Pierce raises target price from 400p to 460p and reiterates its buy recommendation. Barclays: Credit Sui
Read moreFriday tips round-up: Invensys, Shaftesbury and Pennon
30th Nov 2012 06:41
Tempus in The Times writes that long-suffering shareholders in Invensys will be celebrating the near-100p rise in the shares, up another 25p to 305p last night, since the company announced the £1.7bn sale of its rail communications business. Shorn of rail and the pensions liability and with £400m o
Read moreShaftesbury looks ahead with confidence, despite drop in profits
29th Nov 2012 08:07
London property group Shaftesbury has posted a fall in pre-tax profit, largely as a result of a decline in investment property valuation movements, an increase in finance costs, and the change in fair value of derivative financial instruments. As such, pre-tax profit totalled £94.8m, compared to £
Read moreSynergy CEO stocks up as Q1 growth limited by currency
27th Jul 2012 15:50
Dr Richard Steeves, the Chief Executive Officer of Synergy Health, a provider of outsourced sterilisation services, bought himself a round of shares on the same day the firm admitted headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. T
Read moreShaftesbury says occupancy levels remain high
26th Jul 2012 16:15
Real estate investment trust Shaftesbury, which invests exclusively in London's West End, has said that occupancy levels remained high during the first half of 2012. At the half year the total estimated rental value (ERV) of the 68,000 square foot (sq ft). of vacant wholly owned commercial space am
Read moreWednesday broker round-up
18th Jul 2012 09:21
Ashmore: Goldman Sachs upgrades to buy. Ashtead: Jefferies reiterates buy rating and 320p target. Booker: Investec maintains buy rating and 98p target. British Land: BarCap downgrades to equal weight. Capital Shopping Centres: BarCap upgrades to overweight. Chariot Oil & Gas: Merchant Securitie
Read moreWednesday broker round-up
23rd May 2012 09:29
Barclays: Investec maintains buy recommendation and 240p target. BTG: Jefferies keeps buy rating and 410p target. Burberry: Nomura remains a buyer with a 1,530p target; Merchant Securities keeps hold rating; Investec reiterates buy rating and 1,690p target. Cobham: UBS ups target from 255p to 260
Read moreShaftesbury profits rise on prosperous West End
23rd May 2012 07:50
The West End has defied the retail slump and continues to be busy and prosperous, according to Shaftesbury, the London property firm. The news is in marked contrast to retail news from the rest of the UK, where high streets have been hit hard by the financial crisis. The company said that in the s
Read moreLondon close: Stocks slump on global manufacturing data
22nd Mar 2012 16:57
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks After a steep fall early on, London's blue chips traded broadly sideways for the remainder of the day as gloomy economic data weighed on senti
Read moreLondon midday: Macro data weighs on stocks
22nd Mar 2012 11:43
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks The Footsie was firmly lower by lunchtime as a result of heavy losses in the mining sector on the back of some gloomy economic data from China.
Read moreThursday broker round-up
22nd Mar 2012 09:58
AMEC: JP Morgan Cazenove downgrades from overweight to neutral, target lifted from 1,252p to 1,344p. AstraZeneca: Liberium Capital upgrades from sell to buy, target lifted from 2,700p to 3,100p. British Land: Espirto Santo downgrades from buy to neutral. Capital Shopping Centres Group: Societe Ge
Read moreFTSE 250 movers: Cable and Wireless dives 14%
10th Feb 2012 14:19
Telecoms firm Cable & Wireless Communications plunged as the revival of the firm came to an abrupt halt after the company warned on profits this morning due to difficulties in trading in Panama and the Caribbean. Closed life fund consolidator Phoenix Group also dropped after parting ways with priva
Read moreOccupancy remains at high levels at Shaftesbury
10th Feb 2012 07:21
Shaftesbury, the real estate investment trust focused on London's West End, said its tenants had a busy Christmas and New Year period and are rubbing their hands in anticipation of London being flooded with tourists during the 2012 Olympics and the Queen's jubilee celebrations. "Within our portfoli
Read moreLondon close: Footsie finishes below best levels
6th Jan 2012 17:17
London closed comfortably below its best levels of the day despite better than expected US jobless data which had some market commentators crying 'foul'. US non-farm payrolls grew by 200,000 during the month of December. The consensus estimate was for a reading of 155,000. Morgan Stanley has sugges
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