Trifast buoyed by rising economic confidence
17th Jun 2014 08:49
- Encouraged by full-year trading - Trading boosted by economic confidence and manufacturing output - New financial year starts on strong footing Mechanical fasteners maker Trifast said it performed strongly in the last year and has started the new financial year on a similar trend. The firm said
Read moreWednesday broker round-up UPDATE
7th May 2014 08:35
Balfour Beatty: Jefferies reduces target price from 403p to 233p downgrading to hold. Deutsche Bank cuts target price from 280p to 250p and leaves its hold recommendation unchanged. Numis reduces target price to 260p and retains an add rating. Barclays: Deutsche Bank lowers target price from 320p t
Read moreTuesday broker round-up UPDATE
15th Apr 2014 08:08
APR Energy: Goldman Sachs reduces target price from 1165p to 1039p, while upgrading to buy. Aureus Mining: FinnCap places its target price (prev.: 175p) under review and keeps its buy recommendation . Al Noor Hospitals: Jefferies increases target price from 1065p to 1155p and maintains a buy recom
Read moreSunday share tips: Babcock, Electrocomponents, easyJet
30th Mar 2014 15:27
The fall in engineering company Babcock's share price is overdone, Danny Fortson argued in his Inside the City column in the Sunday Times. The fall was partly because of the rights issue to pay for the takeover of helicopter operator Avincis but investors also think Peter Rogers, Babcock's Chief Exe
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreTrifast enjoys strong trading
15th Aug 2013 08:36
Mechanical fasteners maker Trifast said all of its divisions in Asia, Europe and the US have traded strongly from April to date. The Birmingham based firm said it had been encouraged by new business opportunities particularly in Asia and the US within its key Automotive and Electronics sectors.
Read moreWednesday broker round-up UPDATE
26th Jun 2013 07:30
ACM Shipping Group: Espirito Santo increases target price from 150p to 185p keeping a buy recommendation. Afren: Canaccord Genuity moves target price from 210p to 220p and keeps a buy recommendation. Aggreko: Deutsche Bank cuts target price from 2250p to 2100p, while its buy recommendation remains
Read morePrudential Chairman keeps the faith
3rd Apr 2013 16:05
Paul Manduca, the Chairman of Prudential, the FTSE 100 life insurance company, this week showed his faith in the company with the purchase of 20,000 shares following a hefty fine levied by the Financial Services Authority (FSA) at the end of March. Manduca, who became Chairman in July of last year
Read moreExperian Chairman reduces stake
2nd Apr 2013 16:24
Sir John Peace, the Chairman of FTSE 100 information services company Experian, has reduced his stake in the company by 200,000 shares. Peace, who is also the Chairman of Burberry Group and Standard Chartered, disposed of the shares at 1,145.89p each, earning himself in the region of £2.29m. The
Read moreSolid trading at Trifast
7th Feb 2013 08:38
Mechanical fasteners maker Trifast said overall, trading has been solid and encouraging with organic revenue in the third quarter slightly ahead of the same period a year earlier. The Birmingham based group said profitability is on track to meet market expectations to March 31st 2013 and it is opti
Read moreThursday Broker round-up UPDATE
15th Nov 2012 07:21
AMEC: Nomura raises target price from 1240p to 1340p, buy rating remains unchanged. Barclays Capital reduces target price from 1350p to 1320p, underweight rating kept. Atkins (WS): Investec reduces target price from 727p to 700p, hold recommendation maintained. Barr AG: UBS raises target price fro
Read moreTrifast trading gets boost from Automotive
8th Aug 2012 09:10
Mechanical fasteners maker Trifast said its Automotive business has put a bit of zip into the group's performance in the last few months. Trifast said trading since April 1st has remained consistently ahead of budget with Automotive in the UK and Mainland Europe being the predominant driver, while
Read moreTrifast leaps as profits double
19th Jun 2012 13:26
International manufacturer and distributor of industrial fastenings, Trifast, saw its share price leap on Tuesday after posting a 6.1 per cent jump in revenue and nearly a doubling of its pre-tax profits. The company also pleased investors by reintroducing a dividend payment, recommending a final
Read moreThursday tips round-up: Galliford Try, Wolseley, Iomart
2nd Jun 2011 06:48
The good times keep on rolling at Galliford Try, the housebuilder and construction company. The 103-year-old firm yesterday boasted that it had been selected as a partner on three affordable housing contracts worth a total of £584m in London, the South-east and eastern regions of England. The fact t
Read moreTrifast sees FY ahead of views
20th Apr 2011 08:31
Industrial fastenings firm Trifast said it expects profit before tax, pre-exceptionals to be ahead of current market expectations and remains confident about future trading. The East Sussex based nuts and bolts maker said buoyant trading conditions fuelled growth at the group. "Overall, as we cont
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