Friday broker round-up
18th Nov 2016 18:17
(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read moreBroker tips: Hikma, Drax, TT Electronics
24th Aug 2016 13:53
(ShareCast News) - Hikma Pharmaceuticals' shares have been maintain as 'hold' by Numis, with a target price of 2660p, following the company's surprise profit warning earlier in August and its interim numbers out on Wednesday. In the six months to end-June, Hikma's core revenue rose to $882m, from $7
Read moreCanaccord upgrades TT Electronics to 'buy'
24th Aug 2016 09:00
(ShareCast News) - TT Electronics shares gained on Wednesday as Canaccord Genuity raised its rating on the stock to 'buy' from 'hold' and lifted its target price to 180p from 165p. Canaccord said TT Electronics' first half results on 11 August showed strong progress across the group and "we have bec
Read moreTT Electronics improves debt terms with new bank facility
16th May 2016 14:10
(ShareCast News) - TT Electronics has replaced its bank debt with a larger revolving facility on more relaxed terms. TT has arranged a £150m multi-currency facility over a five-year term with seven banks, with the margin on drawings reduced and more relaxed covenants including stretching permissible
Read moreTT Electronics returns to profit in first half
20th Aug 2015 13:11
(ShareCast News) - Electrical component maker TT Electronics managed to turn a profit in the first half of this year, off flat revenues. Shares in the London listed company were up by 0.33% to 154p at 1331 BST. TT posted first half pre-tax profit at £6.3m from a loss of £0.4m during the same period
Read moreTuesday broker round-up
16th Jun 2015 08:49
Imperial Tobacco Group: JP Morgan moves to neutral from not rated with 3,550p target. Credit Suisse reinstates coverage with outperform and 3,600p target. British American Tobacco: Credit Suisse reinstates coverage at outperform with 3,800p target. HSBC: Santander ups to hold. TT Electronics: Bere
Read moreWednesday broker round-up
27th May 2015 07:57
Beazley: JP Morgan upgrades to overweight from neutral and sets 308p target, up from 255p. Hiscox: JP Morgan upgrades to overweight from neutral and ups target to 950p from 801p. Lancashire Holdings: JP Morgan improves target price to 642p from 589p, stays at neutral. Dixons Carphone: Exane keeps
Read moreWednesday broker round-up UPDATE
5th Nov 2014 10:02
Associated British Foods: Exane raises target price from 3600p to 3700p, keeping its outperform rating. Citi reduces target price from 3200p to 3100p, while upgrading to buy. AVEVA: Liberum Capital reduces target price from 1500p to 1400p and keeps a hold recommendation. Investec reduces target pric
Read moreTT Electronics shares plummet following profit warning
4th Nov 2014 15:56
TT Electronics said it expected full-year earnings to be at the low end of market forecasts and significantly lower in 2015, as the firm is set to implement a review of its business. Despite a decline in order intake in Europe, underlying revenue, excluding currency movements and the effects of new
Read moreTuesday broker round-up UPDATE
4th Nov 2014 09:32
Aberdeen Asset Management: Credit Suisse ups target price from 440p to 455p and keeps a neutral rating. Anglo Eastern: FinnCap initiates with a target price of 880p and a buy recommendation. Ashmore: Credit Suisse downgrades to underperform. Barclays: Citi moves target price from 300p to 315p stay
Read moreBwin.party CEO and chairman show support after losses widen
29th Aug 2014 17:16
Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea boug
Read moreThursday broker round-up UPDATE
21st Aug 2014 11:34
Beowulf Mining: Cantor Fitzgerald places its target price under review, while keeping a buy recommendation. Cairn Energy: Investec ups target price from 220p to 245p and reiterates a buy recommendation. Carillion: Oriel reinstates with a target price of 402p and a buy recommendation. Gem Diamonds
Read moreTT Electronics finance chief sells stock
1st Apr 2014 13:09
The wife of TT Electronics Finance Director Shatish Desani sold down some of the pair's stake on Tuesday with the shares just off a seven-year high. The Desanis sold £319,500 of a stake under Mrs Desani's name at 213p, to leave the couple with a holding of 0.33%. Desani joined in 2008 when the sh
Read moreFriday broker round-up UPDATE
24th Jan 2014 08:35
Aberdeen Asset Management: Morgan Stanley reduces target price from 492p to 393p and downgrades from equal-weight to underweight. Afren: Morgan Stanley moves target price from 210p to 220p retaining an overweight rating. Ashmore Group: Morgan Stanley cuts target price from 410p to 365p and reitera
Read moreTT Electronics announces German efficiency drive, FY in line
10th Jan 2014 09:59
After confirming 2013 trading remained in line with expectations, TT Electronics has announced an investment plan for its German operations that will hit profits for the coming year. The German restructuring, including relocation of German manufacturing operations to its other facilities in lower-
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