Friday broker round-up UPDATE
12th Apr 2013 07:25
Aggreko: Panmure Gordon raises target price fro, 1727p to 2106p and upgrades from hold to buy. Alternative Networks: Westhouse Securities moves target price from 280p to 295p and reiterates a neutral rating. Investec raises target price from 330p to 350p maintaining a buy recommendation. Finncap in
Read moreTuesday broker round-up UPDATE
2nd Apr 2013 08:28
Afren: Liberum Capital shifts target price from 123p to 130p maintaining a hold recommendation. Amara Mining: Numis initiates with a target price of 80p and a buy recommendation. APR Energy: Espirito Santo downgrades to sell with a target price of 680p. ASOS: Goldman Sachs increases target price
Read moreLondon close: Stocks edge higher ahead of long Easter weekend
28th Mar 2013 16:43
Stocks finished moderately higher on Thursday, though gains were trimmed in afternoon trade as traders scaled back risk appetite ahead of a long four-day weekend for the Easter holidays. Meanwhile, continuing concerns over the Eurozone kept markets on their toes today, as political uncertainty in I
Read moreFTSE 100 movers: Mining companies slide down the index
28th Mar 2013 14:39
Tate & Lyle's stock was up as the food and sweetener giant reported 'solid sales' ahead of its annual results. The group has performed strongly in the year ended March 31st 2013, particularly in its speciality food ingredients division, according to a trading statement. InterContinental Hotels G
Read moreLondon midday: Stocks advance as Cyprus re-opens banks
28th Mar 2013 11:42
After a shaky start, the FTSE 100 was making decent gains by Thursday lunchtime ahead of a raft of economic data from the States later on, as sentiment was lifted by the reopening of banks in Cyprus. Nevertheless, gains are expected to moderate as traders refrain from building big positions ahead o
Read moreLondon open: Markets open cautiously ahead of Easter weekend
28th Mar 2013 08:21
UK stocks opened tentatively on Thursday morning with the focus once again turns to Cyprus as banks re-open with capital controls in place to prevent worried depositors from clearing out their accounts. While markets have opened in a positive manner, gains are expected to moderate as traders refrai
Read moreTate & Lyle unveils solid sales ahead of annual results
28th Mar 2013 07:02
Food and sweetener giant Tate & Lyle on Thursday reported 'solid sales' ahead of its annual results. In a trading statement, the company said it has performed strongly in the year ended March 31st 2013, particularly in its speciality food ingredients division. "In speciality food ingredients, w
Read moreThursday preview: Tate & Lyle outlook bright ahead of trading update
27th Mar 2013 15:11
Tate & Lyle will update the market on its latest trading results on Thursday. The food and sweetener products group last month reported a fall in third-quarter profits as it battled against high corn prices. The company said that adjusted profit before tax was down year-on-year in the three mont
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreMonday broker round-up UPDATE
25th Feb 2013 07:26
Afren: Canaccord Genuity increases target price from 160p to 200p and reiterates a buy recommendation. Antofagasta: Bank of America upgrades to buy with a target price of 1400p. Ashmore Group: Espirito Santo shifts target price from 364p to 368p and maintains a neutral rating. ASOS: Deutsche Bank
Read moreLondon close: Stocks flat as caution sets in ahead of G20 statement
15th Feb 2013 16:43
Better-than-expected economic data from the States helped the Footsie erase its earlier losses on Friday afternoon, though the mood on markets was still cautious ahead of an announcement from the Group of 20 meeting in Moscow. Market analyst Craig Erlam from Alpari said that "traders opt[ed] to wai
Read moreFTSE 100 movers: ITV given boost by Nomura
15th Feb 2013 15:41
ITV shares soared after Nomura raised its target price on the stock to 130p from 125p before. WPP Group also got a boost after Morgan Stanley increased its target price from 912p to 1090p and retained an equal-weight rating. Mining giant Anglo American was a high riser this morning despite record
Read moreLondon midday: Markets plateaux but Anglo American gains after results
15th Feb 2013 11:45
Stocks were trading within a narrow range on Friday morning ahead of the G20 meeting in Moscow and the release of key economic indicators in the States this afternoon. Delegates plan to discuss traditional issues such as the global economic outlook, implementation of the G20 framework agreement for
Read moreLondon open: Markets subdued ahead of G20 meeting
15th Feb 2013 08:19
Stocks markets began Friday's session in a cautious fashion, with the Footsie registering a moderate decline, ahead of the G20 meeting in Moscow. Delegates plan to discuss traditional issues such as the global economic outlook, implementation of the G20 framework agreement for strong, sustainable a
Read moreFriday broker round-up UPDATE
15th Feb 2013 07:58
Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m
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