Thursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreFTSE 250 movers: Shaftesbury leads gains, African Barrick digs lower
7th Mar 2014 13:48
Shaftesbury rose strongly after it yesterday placed 25.25m shares at 620p each raising a total of 156.6m pounds. The group is using the proceeds to fund a property purchase and ongoing redevelopment schemes. esure Group was also a strong riser, driven by readacross from fellow insurer Aviva, which
Read moreFriday broker round-up UPDATE
7th Mar 2014 09:39
AGA Rangemaster: N+1 Singer ups target price from 175p to 192p and maintains a buy recommendation. Aggreko: JP Morgan lowers target price from 1542p to 1536p and maintains a neutral rating. Goldman Sachs increases target price from 1876p to 1950p and keeps a buy recommendation. Numis upgrades to re
Read moreSpirax-Sarco delivers in-line 2013 results
6th Mar 2014 08:52
Spirax-Sarco Engineering posted an in-line set of results on Thursday, with revenue up four per cent and adjusted profit up 12 per cent, driven by the improvement in Europe, the Middle East and Africa (EMEA). It was a record year on both counts, with adjusted pre-tax profit rising to £151.1m (2012
Read moreFriday broker round-up UPDATE
21st Feb 2014 10:11
Barratt Developments: JP Morgan raises target price from 360p to 420p, while downgrading to neutral. Bellway: JP Morgan takes target price from 1450p to 2000p and retains an overweight rating. Bodycote: UBS initiates with a target price of 800p and a buy recommendation. Bovis Homes Group: JP Morg
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreFTSE 250 movers: Centamin rockets on Q4 results
6th Jan 2014 15:29
Shares in Egypt-focused gold miner Centamin leapt today after its fourth-quarter production results smashed expectations. Total gold production from its flagship Sukari project in the fourth quarter reached 91,546 ounces (oz), 8% higher than the third quarter and up 7% on the same quarter of 2012.
Read moreSpirax-Sarco acquires Bio Pure Technology
6th Jan 2014 12:44
Spirax-Sarco Engineering, the FTSE 250 manufacturer of boiler and pipeline control valves, has acquired Bio Pure Technology, a firm which specialises in the design and production of advanced single-use tubing connector systems for the biopharmaceutical industry. The £8.5m purchase is expected to
Read moreSpirax-Sarco Engineering's COO ups stake
18th Nov 2013 16:11
Spirax-Sarco Engineering announced Monday that its Chief Operating Officer, Nicholas Anderson, acquired 1,550 shares in the group at the end of last week. The shares were bought for 2,902p each for a total of spend of £44,981. Anderson, who took up the role in August, now owns a total of 3,160 S
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreSpirax-Sarco sees "good progress" in 2013 despite sluggish markets
7th Nov 2013 11:19
Spirax-Sarco Engineering said it was confident it would make "good progress" in 2013 despite challenging conditions in its mature markets of Europe and North America. The British engineering company, which makes pumps that are used by a range of industries including bakeries and dairies, reported o
Read moreThursday broker round-up UPDATE
31st Oct 2013 08:52
African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target
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