Thursday preview: Burberry, WH Smith
10th Oct 2012 11:21
Stock market stars get punished heavily when they trip up, and Burberry was no exception after its profit warning a month ago. Consequently, Thursday's fiscal second quarter trading update from the luxury goods firm will be closely analysed to see whether the material slow-down in its retail busine
Read moreMonday broker round-up - UPDATE
8th Oct 2012 08:03
AMEC: Investec keeps buy rating and 1,300p target. Aquarius Platinum: Panmure Gordon keeps buy rating and 163p target. BAE Systems: Societe Generale upgrades to hold, target lifted from 300p to 350p. British American Tobacco: Nomua raises target from 3,500p to 3,506p, buy rating kept. BSkyB: Nom
Read moreWednesday broker round-up - UPDATE
3rd Oct 2012 09:06
African Barrick Gold: Westhouse Secuirites raises target from 464p to 495p. AG Barr: Panmure Gordon keeps hold rating and 440p target. AstraZeneca: Panmure Gordon downgrades from buy to hold, target cut from 3,100p to 3,000p. Barclays: UBS downgrades from buy to neutral, 235p target unchanged. B
Read moreThursday broker round-up - UPDATE
6th Sep 2012 09:00
Abcam: Canaccord Genuity keeps hold rating and 370p target. AG Barr: Societe Generale upgrades ot hold, target lifted from 370p to 440p. ASOS: Nomura ups target from 1,660p to 1,700p, neutral rating kept. Barclays: Credit Suisse downgrades to neutral, target cut from 215p to 200p. BG Group: Gold
Read moreFriday broker round-up
24th Aug 2012 09:34
African Minerals: Jefferies cuts target from 800p to 550p, buy rating kept. Anglo American: Jefferies downgrades from buy to hold, 2,200p target kept. Ashmore: Citigroup downgrades to sell, target cut from 305p to 300p. Berendsen: Investec maintains buy rating and 570p target; Seymour Pierce down
Read moreFriday tips round-up: IMI, WH Smith
24th Aug 2012 07:03
The Tempus column in The Times took a look at controls and valves maker IMI on Friday morning, focusing on the group's margin target of 20 per cent in its three key divisions. 'Such forecast are all well and good until you fail to meet them', the paper said. Shares in IMI dropped on Thursday after
Read moreLondon close: Gains erased as poor data dents stocks
23rd Aug 2012 16:55
- FOMC minutes drive optimism for stimulus - Spain in bailout talks - PMIs disappoint in Eurozone and China Stimulus hopes for the US pushed the Footsie higher early on, but disappointing economic data across the globe meant that the bullish mood was short-lived, with gains erased by the close. M
Read moreFTSE 250 movers: WH Smith up on strong results
23rd Aug 2012 15:05
Newsagent chain WH Smith jumped after saying it expects results for the year to the end of August will be at the top end of market expectations as the group's Travel business improves margins. The group also revealed a £50m share purchase programme for 2013.? Heading the other way was gold produ
Read moreBroker tips: IHG, SABMiller, WH Smith
23rd Aug 2012 12:36
Jefferies has raised its target price for Holiday Inn and Crowne Plaza owner InterContinental Hotels from 1,350p to 1,500p, but has retained its 'hold' recommendation for the shares due to the lack of perceived potential upside to the stock. The shares are now trading close to an all-time high, the
Read moreWH Smith hits all-time high
23rd Aug 2012 11:50
Shares in newsagent chain WH Smith reached an all-time high on Thursday as the company raised profit guidance for the year and announced a new share repurchase programme. The company, which has returned £377m to shareholders through dividends and share buybacks since the end of August 2007 has earm
Read moreLondon midday: Miners gain on QE hopes, Randgold jumps
23rd Aug 2012 11:44
- QE hopes drive stocks early on - Gains pared after Eurozone data - Randgold leads miners higher The Footsie was teetering around the 5,800 level by Thursday lunchtime as earlier optimism surrounding a potential policy easing in the US was tempered by some weak manufacturing data from the Eurozone
Read moreBroker snap: WH Smith deserves a higher rating
23rd Aug 2012 10:18
Investec has put its target price under review for newsagents chain WH Smith following the group's pre-closing trading update on Thursday, saying that the shares merit a higher rating. "WH Smith has indicated another welcome but unexpected profit before tax upgrade, further to our upgrade post th
Read moreThursday broker round-up
23rd Aug 2012 09:29
Aegis: Nomura maintains buy rating and 240p target. British Land: Jefferies downgrades to hold. Cobham: Citigroup downgrades to neutral, target cut from 265p to 230p. Diageo: Jefferies maintains buy rating and 1,915p target; Investec maintains buy rating and 1,900p target. Evraz: HSBC upgrades t
Read moreLondon open: Stimulus hopes drives gains after Fed minutes
23rd Aug 2012 08:44
- QE hopes increase after FOMC minutes - The ball is in Greece's court, says Juncker - Chinese manufacturing PMI falls to nine-month low Stocks bounced back after a sell-off yesterday as the details of the latest policy-rate setting meeting in the US showed that the Federal Reserve could embark upo
Read moreWH Smith's results to be at top end
23rd Aug 2012 08:09
Newsagent chain WH Smith expects results for the year to the end of August will be at the top end of market expectations as the group's Travel business improves margins. The group's Travel business, which has branches in transport hubs such as airports, coach stations and railway stations, is chugg
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