Sunday share tips: Carillion, Cineworld, Travis Perkins
1st Mar 2015 14:14
Might Carillion be building up for another bid for rival Balfour Beatty? Ahead of Wednesday's results and after last week's six-month takeover bid came to an end, Danny Fortson in the Sunday Times said the buying opportunity looks to have gone for good and suggested that Carillion itself was also on
Read morePanmure highlights improving newsflow for construction stocks
17th Feb 2015 08:14
Panmure Gordon has maintained an 'overweight' position on UK construction stocks on the back of an improving outlook, as it highlighted SIG as its top pick in the sector. "Architects billings growth (ONS data), project awards data (Barbour Index) and construction employment vacancies point to a heal
Read moreFTSE 100 movers: Miners lower on funding fears, Dixons boosted by Christmas trading optimism
19th Jan 2015 14:00
Dixons Carphone topped the risers after analysts expressed optimism about the upcoming Christmas trading results on Wednesday. Estimates sit at a 5% increase in like-for-like sales, as published in Sunday papers including the Sunday Express and the Mail on Sunday. Travis Perkins was also trading
Read moreTravis Perkins aiming for double-digit EBITA growth
27th Nov 2014 08:08
Builders' merchant Travis Perkins has lifted its spending budget for 2015 and 2016 as it set out its growth targets, forecasting a double-digit increase in operating profits over the medium-term. The company said that annual capital expenditure over the next two years would be between £170m and £230
Read moreTravis Perkins divisional COO sells 5,200 shares
22nd Oct 2014 16:13
Andrew Harrison, the divisional chief operating officer of Travis Perkins, has reduced his stake in the group with the sale of 5,200 shares. The builder's merchant and home improvement retailer said Harrison on Tuesday traded in 3,100 shares at 1,606.50p a piece and a further 2,100 at 1,603.61p each
Read moreWednesday broker round-up UPDATE
22nd Oct 2014 09:54
Amino Technologies: N+1 Singer moves target price from 93p to 107p upgrading to buy. Anglo American: Liberum Capital reduces target price from 1300p to 1200p retaining its sell recommendation. ARM Holdings: UBS moves target price from 970p to 980p upgrading from neutral to buy. Deutsche Bank cuts t
Read moreTuesday broker round-up UPDATE
21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read moreMonday broker round-up UPDATE
20th Oct 2014 09:48
African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:
Read moreLondon close: FTSE ends higher as markets rebound
17th Oct 2014 16:50
The FTSE ended Friday's session on a positive note after a week of volatile and largely negative trading. The top tier index settled 114.38 points higher at 6,310.29, limiting the week's losses to 32.63, or 0.51%. "In London equities are finishing the week on a positive note as Greek bond yields re
Read moreFTSE 100 movers: Oil stocks rise as Rolls-Royce falls into last place
17th Oct 2014 15:58
Tullow Oil, Shell and a number of other oil companies were all trading in positive territory on Friday afternoon thanks to a continued rebound in crude prices. Fears about an oversupply of oil saw West Texas Intermediate (WTI) crude drop below $80 a barrel this week, while Brent futures sank to a fo
Read moreBroker tips: Petrofac, M&S, Travis Perkins
17th Oct 2014 12:44
Liberum has maintained its cautious stance for oilfield services group Petrofac, but said that the company's third-quarter update on Friday should reassure investors. The broker reiterated its 'hold' rating and 1,112p target price for the stock. However, it said: "The market generally expected Petro
Read moreLondon midday: Oil stocks boost markets as sentiment recovers, Rolls-Royce drops
17th Oct 2014 11:41
UK stocks staged a partial recovery on Friday following a turnaround in sentiment on Wall Street, with oil producers leading the upside after a bounce in oil prices from their recent lows. The FTSE 100 was up 0.8% at 6,245 by midday. On the face of it, a 0.8% gain on the FTSE 100 would otherwise be
Read moreCharles Stanley upgrades Travis Perkins despite Q3 slowdown
17th Oct 2014 10:55
Travis Perkins' shares were dented on Friday by the news of a slowdown in growth in the third quarter, but analysts at Charles Stanley remained optimistic, upgrading the stock from 'hold' to 'accumulate'. The UK building merchant faced some tough comparative figures from the year before, but still g
Read moreLondon open: UK stocks attempt to rebound after recent falls
17th Oct 2014 08:25
UK stock markets recovered slightly on Friday morning as investors looked for bargains in the aftermath of recent volatility, which sent equities to a 16-month low the previous session London's FTSE 100 index was up 0.7% at 6,242 in early deals. Rolls-Royce and Travis Perkins were both trading in th
Read moreLondon pre-open: UK stocks to open lower ahead of central bank speeches
17th Oct 2014 07:40
Thanks to a weak performance from Japan and a mixed picture in the US overnight, London-listed stocks are expected to move lower once again at Friday's opening bell. City sources predict the FTSE 100 will open around 10 points below Thursday's close of 6,195.91. US stocks rebounded on Thursday on b
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