Monday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
Read moreLondon pre-open: Strong start expected on Greek hopes
12th Nov 2012 07:35
London's FTSE 100 is expected to open positively on Monday morning following tough week which saw the benchmark index lose 1.7 per cent of its value. City sources predict that the Footsie will open with moderate gains from Friday's closing price of 5,770. Newsflow from Greece has lifted sentiment
Read moreTaylor Wimpey on track in stable market
12th Nov 2012 07:04
Home builder Taylor Wimpey said the UK housing market remained stable and it was on track to meet full year expectations. The firm said sales rates since the start of July had been similar to the equivalent period of 2011, with an average net private reservation rate of 0.57 sales per outlet per we
Read moreFriday broker round-up
26th Oct 2012 10:00
African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept. APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept. ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral
Read moreLondon close: Stocks surge after US data, Spanish stress tests
1st Oct 2012 16:45
- US data beats forecasts in September - Reports imply Germany may soften stance on Greece - Banks and miners rise strongly in London - Credit Suisse says Spanish stress test a "generally credible exercise" - Credit Suisse says larger top-down questions remain in stress tests Better-than-forecast m
Read moreLondon midday: Strong start to Q4; Footsie up one per cent
1st Oct 2012 11:24
- Investors taking advantage of underpriced stocks, says analyst - Asian and UK data disappoints - Xstrata rises after agreeing terms with Glencore London's blue-chip index gained strongly in morning trading on Monday with increased risk appetite benefitting the banking and mining sectors as stocks
Read moreLondon open: Stocks shrug off disappointing Asian data
1st Oct 2012 08:34
- UK stocks make strong gains early on - Japanese, Chinese figures disappoint - Xstrata rises after agreeing terms with Glencore UK equities advanced on Monday morning in spite of some disappointing economic data from Asia as stock markets kicked off the fourth quarter on a positive note. The Bank
Read moreTuesday broker round-up
11th Sep 2012 09:29
3i Group: Oriel Securities downgrades to hold. AB Foods: HB Markets upgrades to buy. ARM Holdings: UBS raises target from 645p to 750p, buy rating kept. ASOS: Investec upgrades from hold to buy, 2,450p target kept. Bunzl: Goldman Sachs downgrades to sell, target cut from 978p to 965p. Burberry:
Read moreLondon close: Miners jump on hopes of central bank action
3rd Sep 2012 16:45
- Central banks in China, US and Europe expected to act - UK manufacturing beats expectations - Fresnillo leads miners higher Stocks markets in the States may have been closed for Labour Day but that didn't stop bourses in Europe from registering decent gains on Monday, with London's Footsie starti
Read moreFTSE 250 movers: Talvivaara gains after reassuring investors
3rd Sep 2012 15:17
Finnish zinc and nickel mining company Talvivaara was a high riser after it denied it will be cutting jobs as part of a cost savings plan. Rumours had been circulating that the low price of nickel would force a reduction in headcount. Shares in Lonmin, one of the world's biggest platinum producers
Read moreLondon pre-open: Slight declines ahead of July data
1st Aug 2012 07:27
City sources predict the FTSE 100 will open down two points from yesterday's close of 5,635, edging slightly lower over concerns relating to recent reports which revealed a slowdown of manufacturing in Asia. Investors are also likely to exercise caution ahead of economic announcements out today, w
Read moreStrong UK performance at Taylor Wimpey
1st Aug 2012 07:14
House builder Taylor Wimpey said it has seen an improvement across the business in the last six months as it focuses on margin growth and as trading conditions in the housing market stabilise. Profit before tax and exceptional items surged to £78.2m in the half year ended 1 July 2012 from £28.9m th
Read moreFriday broker round-up -UPDATE
27th Jul 2012 09:54
African Minerals: Goldman Sachs upgrades to buy. AG Barr: Investec reiterates buy recommendation and 485p target; Shore Capital downgrades to hold; N+1 Brewing downgrades to hold. AstraZeneca: Nordea downgrades to sell. Barclays: Investec maintains buy rating and 240p target. BG Group: UBS cuts
Read moreThursday tips round-up: Manchester United, Taylor Wimpey, Tullow Oil
5th Jul 2012 07:01
In the Financial Times, the Lex column takes a quick look at the proposed listing of Manchester United in New York. The initial public offering is currently targeting 100m dollars but Lex thinks this is a 'nominal' amount, with the actual amount likely to be higher. The finances of football are in
Read moreBroker tips: Barclays, Burberry, Taylor Wimpey
4th Jul 2012 12:10
After assessing the 'large uncertain risk' of the LIBOR scandal, Nomura has cut its rating for under-pressure UK banking group Barclays from 'neutral' to 'reduce' and reduced its target price from 268p to 210p. The broker sees material uncertainties at Barclays arising from: the shape and direction
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