Thursday broker round-up UPDATE
27th Feb 2014 09:55
Balfour Beatty: Berenberg moves target price from 340p to 350p and stays with a buy recommendation. Bodycote: FinnCap places both its target price (prev.: 620p) and its hold recommendation under review. Investec raises target price from 770p to 810p and keeps a buy recommendation. Numis upgrades fr
Read moreTravis Perkins posts increase in revenue as housing sector grows
26th Feb 2014 07:37
- Annual revenues and profits rise - Help to Buy boosts demand in housing sector - Dividend raised 24 per cent UK builder Travis Perkins achieved an increase in annual revenues and profits as demand for housing continued to grow. The company reported adjusted pre-tax profit of £321m in the year t
Read moreThursday broker round-up UPDATE
20th Feb 2014 08:49
Anglo American: Jefferies increases target price from 1450p to 1700p maintaining a neutral rating. BHP Billiton: Jefferies takes target price from 2300p to 2400p and stays with its buy recommendation. Big Yellow Group: Jefferies raises target price from 540p to 618p and retains a buy recommendatio
Read moreMonday broker round-up UPDATE
3rd Feb 2014 09:18
Advanced Computer Software: Panmure Gordon shifts target price from 132p to 139p and keeps a buy recommendation. AGA Rangemanager: Canaccord Genuity initiates with a target price of 300p and a buy recommendation. Avon Rubber: Canaccord Genuity initiates with a target price of 720p and a hold recom
Read moreAnother boardroom departure at Informa
31st Dec 2013 07:24
Informa has revealed that Pamela Kirby is to step down as Chair of the Remuneration Committee at the same time as the firm's Chief Executive Officer (CEO) and Finance Director leave the company. Kirby, currently Chairman of US chemistry-focused drug discovery and development firm Scynexis, first jo
Read moreMonday broker round-up UPDATE
9th Dec 2013 08:31
Alternative Networks: FinnCap takes target price from 390p to 430p and retains a buy recommendation. Investec ups target price from 390p to 440p maintaining a buy recommendation. Anite: Panmure Gordon shifts target price from 142p to 143p and keeps a buy recommendation. Canaccord Genuity upgrades f
Read moreThursday broker round-up UPDATE
5th Dec 2013 08:15
AMEC: Canaccord Genuity raises target price from 1125p to 1300p upgrading from hold to buy. AZ Electronic Materials: Canaccord Genuity increases target price from 354p to 404p, while downgrading from buy to hold. BAE Systems: Deutsche Bank takes target price from 415p to 425p keeping a hold recomm
Read moreBroker tips: Standard Chartered, Travis Perkins, Micro Focus
4th Dec 2013 11:45
Investec said it sees a "clear positive outlook" for Standard Chartered in 2014 despite the company saying it expects flat annual revenue. In a trading update on Wednesday, the financial services firm admitted a challenging year had resulted in a significant impact on its performance in the second
Read moreBroker snap: Deutsche Bank sees no revolution at Travis Perkins
4th Dec 2013 11:04
Although it lifted its price target from 1,413p to 1,592p, Deutsche Bank was somewhat disappointed with the capital markets day from Travis Perkins (TPK), with no mention of a hoped-for cash return and further fuel for market worries for the General Merchanting division. Despite a confident perfor
Read moreLondon close: FTSE 100 hits seven-week low on taper fears
3rd Dec 2013 16:28
- FTSE 100 at lowest level since October 14th - US jobs report in focus as taper speculation picks up - UK construction activity at six-year high techMARK 2,640.56 -0.50% FTSE 100 6,532.43 -0.95% FTSE 250 15,153.14 -1.18% The FTSE 100 finished around one per cent lower on Tuesday and at a seven-we
Read moreTravis Perkins slides on new CEO's first analyst presentation
3rd Dec 2013 15:56
Shares in FTSE 100 building materials supplier Travis Perkins slid lower on Tuesday as new Chief Executive John Carter made his first strategy presentation to institutional investors and City analysts. With the housebuilding sector flying, the inference from the steady decline in the shares over Tu
Read moreLondon open: Miners lift FTSE 100 higher early on
29th Nov 2013 08:44
- Trading volumes to pick up later on, says analyst - UK consumer confidence falls again - Miners gain; housebuilders extend losses techMARK 2,674.86 +0.26% FTSE 100 6,666.33 +0.18% FTSE 250 15,468.87 +0.24% UK markets edged higher in early trading on Friday following a quiet session the day befor
Read moreLondon close: Markets inch higher on quiet day, but housing stocks sink
28th Nov 2013 16:28
- FTSE 100 edges higher, global equities close to six-year high - US markets closed for Thanksgiving - Housing, tobacco stocks pressured by government policy techMARK 2,668.00 +0.35% FTSE 100 6,654.47 +0.08% FTSE 250 15,431.80 +0.16% The FTSE 100 registered small gains on Thursday on a relatively
Read moreLondon midday: Tobacco, housing stocks limit gains on FTSE
28th Nov 2013 11:42
- Thanksgiving keeps trading volumes low - Tobacco, housing stocks drop on government policy - German unemployment climbs for fourth straight month techMARK 2,668.59 +0.37% FTSE 100 6,658.85 +0.14% FTSE 250 15,434.40 +0.18% UK investors were treading water on Thursday morning as risk appetite rema
Read moreFTSE 100 movers: Ex-divi stocks weigh, Aberdeen lifted by Merrill Lynch
20th Nov 2013 14:40
Ex-div stocks were weighing on the FTSE 100 with Vodafone, Tate & Lyle, Next, Carnival and Sainsbury among the stocks trading without the right to their latest payouts. Drinks group Diageo was also under the weather after Chief Executive Ivan Menezes was reported as saying that the "uncertain" mac
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