Wednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreSector movers: Chemical stocks gain on Merck-AZ Electronic deal
5th Dec 2013 15:49
Chemical stocks were the best performers on Thursday on the back of M&A activity in the sector with AZ Electronic Materials (AZEM) rocketing after an offer from German drugs and chemicals giant Merck. Merck today launched a 403.5p-a-share offer for the specialty chemicals firm, a 53% premium to the
Read moreFTSE 250: Drax Group, Interserve, Balfour Beatty, Ashmore
4th Dec 2013 15:07
British electrical power company Drax Group rose after the UK government confirmed that two of its units converted to burn sustainable biomass to meet the eligibility and minimum evaluation criteria for investment contracts. Construction and infrastructure services stocks including Interserve and
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 moreSynthomer cautions over 'challenging' Europe in second half
7th Nov 2013 07:56
- Performance since mid-year point broadly unchanged - Europe continues to prove challenging Chemicals company Synthomer on Thursday reported that it had performed broadly in line with its expectations since August but warned second-half operating profit from Europe would be lower than that seen in
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreWednesday broker round-up UPDATE
9th Oct 2013 07:57
Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin
Read moreWednesday 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 moreWednesday broker round-up UPDATE
4th Sep 2013 08:50
Abbey Protection: Numis lowers target price from 120p to 110p keeping a hold recommendation. Antofagasta: Investec takes target price from 707p to 725p, but still recommends selling. Ashtead Group: Numis ups target price from 640p to 670p and retains a hold recommendation. Panmure Gordon increases
Read moreWednesday broker round-up UPDATE
21st Aug 2013 09:37
Anglo American: JP Morgan cuts target price from 1675p to 1655p keeping a neutral rating. Aquarium Platinum: Investec shifts target price from 46p to 48p and stays with its hold recommendation. ASOS: Deutsche Bank increases target price from 3800p to 4450p, while leaving its hold recommendation un
Read moreCLS Chairman sells shares, while Vice Chairman tops up stake
16th Aug 2013 16:06
The Chairman of CLS Holdings cut his sizeable stake in the company this week while the Vice Chairman chose to increase his holding, just two days after the property group impressed the market with its first-half report. CLS said on Friday that Sten Mortstedt, the Chairman who established the firm i
Read moreSector movers: Synthomer lifts chemical stocks higher
13th Aug 2013 15:10
The chemicals sector was the best performing sector on Tuesday with results from FTSE 250 firm Synthomer Synthomer, the materials group involved in a number of industries including paper, construction and health, received a positive reaction to its first-half report today despite registering a fall
Read moreFTSE 250 movers: Hochschild Mining hits three-month high
13th Aug 2013 13:30
Precious metals producer Hochschild Mining continued its impressive rise on Tuesday, surging by over 16 per cent after some upbeat comments from Swiss investment bank UBS. While it initiated coverage of the stock with a 'neutral' rating, UBS said that the company offers 'attractive operating leverag
Read moreTuesday 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 moreSynthomer profits slump 10 per cent on weak European performance
13th Aug 2013 07:28
Synthomer, which develops and markets polymers used in everyday consumer products, suffered a 10 per cent decline in underlying pre-tax profit following continued weak demand in European markets, which offset growth in Asia and the Rest of the World (RoW). Pre-tax profits for the six months to Jun
Read more