Friday broker round-up UPDATE
13th Dec 2013 09:36
African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor
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 moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreWH Smith's sales fell in first 10 weeks of financial year
14th Nov 2013 07:38
WH Smith's sales fell four per cent on a like-for-like basis in the 10 weeks to November 9th, reflecting the poor performance of stores on the High Street. The stationary supplier said like-for-like sales on the High Street were down 6% while its Travel division, which includes stores at airports
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
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
Read moreFriday broker round-up UPDATE
11th Oct 2013 08:51
Barratt Developments: Deutsche Bank moves target price from 365p to 391p reiterating its buy recommendation. Bovis Homes Group: Deutsche Bank raises target price from 901p to 1001p and keeps a buy recommendation. Croda International: Liberum Capital downgrades to hold with a target price of 2480p.
Read moreLondon close: Stocks surge on signs of progress in Washington
10th Oct 2013 16:35
Stocks rebounded strongly on Thursday after hitting a three-month low the day before, as hopes that US politicians can resolve the ongoing deadlock in Washington prompted bargain hunters back into the market. The FTSE 100 finished 92.58 points higher at 6,430.49, a rise of 1.46%. This comes after t
Read moreFTSE 250 movers: Keller Group leaps on reports of entry into Africa
10th Oct 2013 14:56
Keller Group leapt on reports of a contract deal with Esorfranki, a move that would mark its entry into the African market. Esorfranki, a civil engineering and construction company, has reportedly sold its geotechnical division, which operates in Africa, to Keller. Newsagent WH Smith surged after
Read moreLondon midday: Stocks rebound strongly from three-month low
10th Oct 2013 11:16
UK markets jumped strongly on Thursday morning following three straight days of losses as hopes build over a resolution to the political deadlock in Washington and the continuation of monetary stimulus by the Federal Reserve. After hitting a three-month low yesterday, the FTSE 100 rebounded strong
Read moreLondon open: Stocks rise on hopes over US deal, taper delay
10th Oct 2013 08:22
Stocks gained strongly on Thursday morning as signs of progress in Washington and hopes over a continuation of US monetary stimulus prompted bargain hunters to step in following three straight days of losses. The FTSE 100 set a fresh three-month low of 6,337.91 on Wednesday afternoon, its worst lev
Read moreLondon pre-open: FTSE to open higher as hopes build for US resolution
10th Oct 2013 07:24
City sources predict the FTSE 100 will open around 26 points higher than Wednesday's close of 6,337.91, tracking Japanese stocks higher as they hit their highest levels in a week on improved sentiment. There have also been encouraging signs from the US, with one Republican aide reportedly indicati
Read moreWH Smith unveils fresh 50m pound buyback
10th Oct 2013 07:08
Newsagent WH Smith booked full year profit ahead of expectations, lifted its final dividend 15 per cent and announced a further 50m pound share buyback. Pre-tax profit rose 6% to £108m for the year ended August 31st while total sales fell 5% to £1.18bn. Like-for-like (LFL) sales also fell 5%. Trav
Read moreTuesday broker round-up UPDATE
24th Sep 2013 08:31
African Barrick Gold: Liberum Capital upgrades to hold with a target price of 147p. Amec: UBS reduces target price from 1200p to 1145p downgrading from buy to neutral. Compass Group: Investec ups target price from 900p to 925p and keeps a buy recommendation. CVS Group: Investec takes target price
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
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