Wednesday broker round-up UPDATE
18th Sep 2013 08:28
African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec
Read moreTuesday broker round-up UPDATE
17th Sep 2013 08:56
Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold
Read moreSector movers: Prudential leads life insurers higher
16th Sep 2013 15:45
Life insurance stocks were performing well on Monday as financials benefited from strong start to the week for stock markets across the globe. Prudential was among the best performers after Panmure Gordon hiked its target price for the stock from 1,376p to 1,453p and retained its 'buy' rating follo
Read moreLondon midday: Stocks fall as oil rises on Syria turmoil
28th Aug 2013 11:27
Stock markets were once again hit by concerns over rising tensions between Syria and the West on Wednesday morning, as surging oil prices look to pose a threat to global economic growth. West Texas crude futures were trading at a two-year high of $112.24 a barrel this morning while Brent crude jump
Read moreLondon open: Stocks slip as Syrian turmoil hits risk appetite
28th Aug 2013 08:21
The FTSE 100 dropped firmly into the red on Wednesday morning as escalating tensions between Syria and the West spurred a reduction in risk appetite amongst investors. UN weapons inspectors are expected to return to a site in Damascus near where the suspected chemical weapons attack happened last w
Read moreSt James's Place CFO sells 1.2m-pound of shares
5th Aug 2013 16:05
David Lamb, the Managing Director of wealth management firm St James's Place sold nearly 1.2m pounds of shares in the company after exercising options as part of the company's performance share plan (PSP). Lamb, who joined the firm back in 1992 and the board in December 2007, exercised 185,285 nil
Read moreBroker snap: Nomura names Prudential as top pick in UK life sector
12th Jul 2013 10:45
Nomura has upgraded its rating for insurance and financial services group Prudential by two notches from 'reduce' to 'buy', labelling it as its favoured choice in the UK life sector. In a research report on the wider sector, the broker said that Aviva's dividend earlier in the year has brought 'cas
Read moreFriday broker round-up UPDATE
12th Jul 2013 08:11
Ashmore Group: Morgan Stanley cuts target price from 444p to 420p and leaves its equal-weight rating unchanged. JP Morgan ups target price from 339p to 377p maintaining a neutral rating. AstraZeneca: Jefferies reduces target price from 3560p to 3400p, while keeping its hold recommendation. Aviva:
Read moreThursday broker round-up UPDATE
20th Jun 2013 08:43
Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme
Read moreLondon midday: FTSE 100 lifted by Resolution, Reckitt and Vodafone
17th Jun 2013 11:22
The FTSE 100 was performing strongly on Monday morning as bargain hunters moved in to pick up stocks following the index's recent slump. Global markets have been extremely choppy over the last month since Federal Reserve Chairman Ben Bernanke suggested that the bank could begin 'taper' its quantita
Read moreMonday broker round-up UPDATE
17th Jun 2013 07:21
Antofagasta: UBS reduces target price from 1140p to 1050p, while upgrading from neutral to buy. ARM Holdings: Analysts at Numis have cut their view on the shares to reduce from hold. Associated British Foods: Nomura cuts target price from 1800p to 1650p downgrading to reduce. Atkins: Jefferies u
Read moreSTOXX announces changes to Europe 600 Index
29th May 2013 11:14
STOXX Limited has announced the addition and deletion of UK company stocks from its Europe 600 Index as part of a quarterly review. The global index provider, which covers world markets, will delete Spirent Communications, National Express Group, Vesuvius, Kazakhmys, Eurasian Natural Resources (ENR
Read moreLondon close: Markets tumble as stimulus hopes fade
23rd May 2013 16:20
The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value. Answering questions in Congress last night was Fed Chairman Ben Bernanke w
Read moreLondon midday: Rally runs out of steam after Bernanke comments
23rd May 2013 11:32
Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China. The FTSE 100 had surged to a fresh 13-year high high of 6,840 the day be
Read moreBroker tips: Kingfisher, St James's Place, Halfords
23rd May 2013 10:51
The recent rally in Kingfisher's share price was paused on Thursday morning after Nomura downgraded its rating on the stock from 'neutral' to 'reduce', saying that shares in the B&Q owner have travelled too far given the tough times ahead. Nomura stands 6.0% below consensus with its profit before t
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