Monday broker round-up
10th Sep 2012 09:13
Barclays: UBS raises target from 205p to 235p, buy rating unchanged. Chariot Oil & Gas: Peel Hunt downgrades to sell, target cut from 150p to 40p; Merchant Securities downgrades to sell, target cut from 232p to 29p. Debenhams: Seymour Pierce raises target from 80p to 100p, hold rating kept. Euras
Read moreLondon open: Stocks flat early on despite mining strength
10th Sep 2012 08:28
- Stocks pause after last week's ECB rally - Markets await FOMC meeting - Miners up early on, UBS sees QE boost for sector London's blue-chip index opened broadly flat in early trading on Monday as investors remained nervous ahead of another pivotal week for the global economy. Stocks were given a
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 moreThursday tips round-up: BHP Billiton, Carillion, Spirax Sarco
23rd Aug 2012 07:04
Questor in the Telegraph goes in to bat, big time, for BHP Billiton. Yesterday the world's biggest mining firm raised eyebrows after reporting a 26 per cent decline in pre-tax profits and cancelling a huge copper and uranium project, known as the Olympic Dam. Questor believes any pessimism is over
Read moreLondon close: Stocks sink ahead of Fed minutes
22nd Aug 2012 16:40
- Concerns about Japan and Greece pressure stocks - FOMC minutes eyed - CBO warns about 'fiscal cliff' Following steep falls from the off, losses on the Footsie were cemented today after a poor start on Wall Street as global equity markets reacted poorly to economic data from Japan and ongoing issu
Read moreFTSE 250 movers: Shanks tops risers after recycling success
22nd Aug 2012 14:41
Leading the way higher was waste management firm Shanks after saying that the Silverburn Shopping Centre in Glasgow is no longer sending any of its waste to landfill since appointing Shanks to handle its recycling. Shanks won the recycling contract just six weeks ago, and has been instrumental in ra
Read moreLondon midday: Footsie drops one per cent as miners fall
22nd Aug 2012 12:01
- Greece to request two more years - Japanese trade deficit concerns miners - BHP sees earnings fall in the first half London's FTSE 100 was trading a whole per cent lower by Wednesday lunchtime as markets focused on concerns about Greece and some gloomy economy data from Japan. "Traders' profit h
Read moreBroker tips: Fresnillo, Lonmin, Spirax-Sarco
22nd Aug 2012 11:59
Gold and silver miner Fresnillo is 'well-placed for recovery', that's according to Galvan Research and Trading, which has labelled the stock as a 'buy'. "Fresnillo's bumper production levels look to have been sufficient to ride out the post September decline in precious metals prices, placing the m
Read moreBroker snap: Expect consensus downgrades for Spirax, says Jefferies
22nd Aug 2012 11:15
Jefferies has reiterated its 'hold' rating and 2,090p target price for steam trap and pump maker Spirax-Sarco after its interim results were 'somewhat disappointing'. The broker said in a research report on Wednesday morning: "We typically take a more pragmatic view than most on 'misses'; however S
Read moreWednesday broker round-up
22nd Aug 2012 09:20
888 Holdings: Shore Capital upgrades to buy. Afren: Jefferies raises target from 140p to 155p, buy recommendation maintained. Anglo American: JPMorgan Cazenove downgrades to underweight, target cut from 3,000p to 1,900p. Antofagasta: JPMorgan Cazenove upgrades to overweight, target lifted from 1,
Read moreLondon open: Japanese data dents the miners
22nd Aug 2012 08:30
- Japan swings to massive trade deficit - Greece to ask officials for more time - BHP and the miners fall steeply early on Following a strong rise for mining stocks on Tuesday, the sector was providing a drag in London this morning after gloomy economic data from Japan dampened sentiment and scale
Read moreSpirax-Sarco profits hit by costs and lower volumes
22nd Aug 2012 07:47
Steam trap and pump maker company Spirax Sarco reported a decline in pre-tax profits for the first half of 2012 following higher material costs, the impact of lower volumes in its main European factories and the economic downturn in Latin America. Revenue rose 2% from £307.7m to £313.5m, while adj
Read moreThursday broker round-up
16th Aug 2012 10:06
Aegis: UBS downgrades to neutral. Babcock: Espirito Santo downgrades to neutral. Balfour Beeatty: HB Markets downgrades to hold; Deutsche Bank downgrades to hold. BG Group: Morgan Stanley downgrades to equal weight. Capital Shopping Centres: Oriel Securities upgrades to hold. Carclo: N+1 Brewin
Read moreThursday broker round-up
28th Jun 2012 10:24
3i Group: Citigroup upgrades to buy, target lifted from 215p to 220p. Abcam: Investec upgrades to buy, target lifted from 349p to 466p; Peel Hunt raises target from 440p to 480p, buy rating unchanged. bwin.party: UBS cuts target from 165p to 125p, neutral rating unchanged. Cookson: UBS cuts targe
Read moreWednesday broker round-up - UPDATE
16th May 2012 08:26
Babcock: UBS raises target from 880p to 950p, buy recommendation unchanged. Barclays: UBS upgrades from neuter lot buy, target cut from 272p to 215p. Cineworld: Merchant Securities maintains buy rating and 244p target. Compass Group: Numis upgrades from add to buy, target left at 750p. Experian:
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