Broker snap: Singer trims Tarsus target price
30th Sep 2011 11:51
Specialist business media and events group Tarsus is among the latest batch of companies to see its target price shaved amid concerns over earnings. Singer Capital Markets has lowered its rating on Tarsus to 156p from 178p while keeping its "buy" rating on the stock. It has kept its estimates for
Read moreBroker tips: Barratt, Majestic, Tarsus
13th Jun 2011 12:58
There's still further to go in Barratt Developments' share price, claims Panmure Gordon, which raises its target price on the stock to 158p, from 147p. Despite a strong rally in the share price over the last half year, the broker said that the housebuilder remains its key sector pick and keeps its
Read moreBroker snap: Singer pulls back target at Tarsus after acquisition
13th Jun 2011 12:55
Business-to-business media group Tarsus has had its target price scaled by from 183p to 178p by Singer Capital Markets, but the broker keeps its positive stance after the group's recent Turkish expansion. The group's fundraising has been approved and the acquisition of Istanbul-based exhibition bus
Read moreTarsus sees increasing M&A opportunities
5th May 2011 12:36
International media firm Tarsus Group has had a "positive" start to the year, in line with expectations, with forward bookings already standing at 75% of anticipated full year revenues, up from 67% at the same time last year. The group - which specialises in exhibitions, conferences and online medi
Read moreBroker tips: Antofagasta, Logica, Tarsus
5th May 2011 12:28
UBS lowers its earnings per share (EPS) forecast for South America-focused miner Antofagasta after the group reported lower-than-expected production figures on Wednesday. Group copper production reached just 129,800 tonnes in the first quarter, 22% below UBS's estimate of 166,500 tonnes, mainly as
Read moreBroker snap: Tarsus downgraded to a 'hold'
5th May 2011 12:14
Despite Peel Hunt raising Tarsus Group's target price by 20p, the broker downgrades the group from a 'buy' to 'hold', highlighting a limited upside to the share price. The international media firm - which specialises in exhibitions, conferences and online media - issued an interim management statem
Read moreTuesday tips round-up: Intertek, Tarsus, Stagecoach...
8th Mar 2011 06:58
Shares in testing specialist Intertek, up 95p to £19.94p, have been very strong over the past couple of weeks and have almost recovered to their £20 peak of early December. They are by no means cheap, changing hands on 20 times' this year's earnings, but the company is a strong play on the strengt
Read moreBrokers give thumbs up to Tarsus
7th Mar 2011 16:28
Business to business (B2B) media group Tarsus , which operates on a two-year exhibitions cycle, saw a like for like revenue increase of 6% in 2010 compared to 2008. The group said 2010 is the down-year in the two-year cycle, as reflected in the decline in adjusted profit before tax to £9.5m from £1
Read moreTarsus sitting comfortably with FY
6th Jan 2011 08:23
Events and conferencing group Tarsus said it expects 2010 full year adjusted pre-tax profits to be comfortably in line with company expectations while forward bookings for 2011 are ahead of the previous year. Group like-for-like organic revenue growth for the year to 31 December 2010 increased 6%,
Read moreSmall caps round-up: John Menzies, Hyder Consulting, Macfarlane...
16th Nov 2010 17:37
Aviation and newspaper distribution group John Menzies announced its is trading well and continues to be highly cash generative. Profitability and debt levels for the full year are expected to be in line with expectations. The aviation division remains on track for a strong year boosted by larger c
Read moreTarsus Group 1H Pretax Loss GBP0.5M Vs Profit GBP0.4M
28th Jul 2010 08:14
LONDON (Dow Jones)--Tarsus Group PLC (TRS.LN), an international business-to-business media group, said Wednesday it made a pretax loss of GBP0.5 million compare with profit of GBP0.4 million in the same period last year. MAIN FACTS: -1H revenue up 17% to GBP16.9 million (2009: GBP19.7 millio
Read moreSmall caps round-up: Emblaze, SerVision, Nestor Healthcare...
30th Jun 2010 11:28
Less than two weeks after denying reports that its Else mobile project was in trouble Israeli technology firm Emblaze has confirmed it is abandoning plans to manufacture the First ELSE mobile device. The company said it will concentrate its efforts on licensing the ELSE Intuition platform and techn
Read moreTarsus Group: Trading In Line, Well Positioned For Future
30th Jun 2010 07:27
LONDON (Dow Jones)--Tarsus Group PLC (TRS.LN), an international business-to-business media group, said Wednesday it is trading in-line with expectations and is well positioned for the future. MAIN FACTS: -Results remain heavily weighted towards the second half of the year when the majority o
Read moreTuesday tips round-up: Capita, Bovis, Tullett Prebon
9th Mar 2010 06:43
Recent full-year results from Capita were decidedly mixed - with the market particularly concerned about a slowdown in organic growth at the company in 2009 and 2010. However, the dire state of the British Government's finances mean the opportunities for this outsourcing business over the next few
Read moreTarsus well positioned for recovery
8th Mar 2010 09:06
Events and conferencing group Tarsus revealed a 36% increase in full year adjusted pre-tax profit while forward booking stood at 49% of anticipated full year revenue in 2010. Adjusted profit before tax rose to £14.6m for the year ended 31 December 2009 from £10.7m the year before. Revenue was up 35
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