Tuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreSpirax-Sarco Engng posts increase in half-year profits
8th Aug 2013 09:01
Spirax-Sarco Engng, which manufactures boiler and pipeline control valves for steam heating and process plants, posted an increase in half-year profits as sales grew across all segments. Adjusted pre-tax profit rose 18% to £68m in the six months to end of June as revenues grew 6.0% to £331.6m. Ad
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 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 moreWednesday broker round-up UPDATE
29th May 2013 08:59
AEC Education: WH Ireland lowers target price from 16p to 11p retaining a buy recommendation. Bodycote: JP Morgan downgrades to underweight with a target price of 495p. BTG: Deutsche Bank ups target price from 440p to 475p retaining a buy recommendation. De La Rue: Investec raises target price fr
Read moreSpirax Sarco heading for 'more normal' year after good start to 2013
9th May 2013 08:26
Steam trap and pump maker company Spirax-Sarco has said it continued to see 'reasonably good' base business since the start of the year, but admitted customer expenditure has been restrained for the more costly plant improvement and energy saving projects. The group said in an interim management st
Read moreThursday broker round-up UPDATE
9th May 2013 07:23
Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:
Read moreLondon midday: FTSE 100 on track for fourth straight loss
17th Apr 2013 11:39
A number of heavyweight stocks going ex-dividend assured that London's FTSE 100 index was in the red for a fourth consecutive day on Wednesday, while concerns over the global economy continued to weigh on sentiment. Global growth fears have hit markets over the last few days after a surprise slowdo
Read moreAZ Electronic Materials directors try to minimize damage
10th Apr 2013 16:27
John Whybrow, the Chairman of AZ Electronic Materials, which on Tuesday tanked after it issued a warning on full year revenue, has shown his faith in the chemicals company by enlarging his shareholding. Whybrow acquired 40,000 shares at 254p each for a total trade value of £101,600, taking his sta
Read moreTuesday broker round-up UPDATE
12th Mar 2013 07:19
Abcam:Investec shifts target price from 484p to 487p and keeps a buy recommendation. Admiral Group: UBS ups target price from 1200p to 1275p and reiterates a neutral rating. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite: Numis reduce
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreLondon close: Markets unfazed as central banks hold fire
7th Mar 2013 17:06
The FTSE 100 finished with moderate gains on Thursday as investors digested policy-rate decisions in both the UK and Europe. Matt Basi, the Head of UK Sales Trading at CMC Markets, said European stock markets experienced "jittery trade" with traders pausing for thought after the significant gains o
Read moreFTSE 250 movers: Spirax-Sarco rises on dividend boost
7th Mar 2013 15:28
Spirax-Sarco Engineering climbed after it recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012. Investment trust RIT Capital Partners rose after it reported its highest net asset value (NAV) per share of 1,309p on February 22n
Read moreLondon midday: Stocks gain as BoE holds fire
7th Mar 2013 11:59
Stocks were making moderate gains by Thursday lunchtime despite the Bank of England (BoE) refraining from further easing to boost the UK economy. At noon, the BoE revealed that policy-makers had voted to maintain interest rates at their record-low level of 0.5% (where they have been since March 200
Read moreSpirax-Sarco Engineering proposes windfall after profit increase
7th Mar 2013 08:58
FTSE 250-listed Spirax-Sarco Engineering has recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012. The group, which supplies engineered solutions for commercial steam systems, reported a 2.0% rise in revenue to £661.7m in 2012
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