Wednesday broker round-up UPDATE
15th Jan 2014 08:42
African Barrick Gold: Liberum Capital downgrades to sell with a target price of 147p. Deutsche Bank lowers target price from 190p to 180p, while maintaining a hold recommendation. African Minerals: Deutsche Bank shifts target price from 410p to 414p and maintains a buy recommendation. Amlin: JP Mo
Read moreUK Mail gets internet shopping boost but parcel volumes slow
15th Jan 2014 07:32
Parcel delivery group UK Mail hailed a rise in mail business but said parcel volumes rose slower than in the first half. The group, which competes against international rivals and newly privatised Royal Mail, said it performed well between October 1st and December 31st, with group revenue rising 6%
Read moreThursday tips round-up: UK Mail, Plus 500
21st Nov 2013 09:25
Wednesday's halfway figures from UK Mail revealed average daily volumes at its parcels business, which accounts for 43 per cent of revenues, up by 25 per cent. In turn that drove a 67 per cent rise in operating profits in like-for-like terms. Meanwhile, the mail business was up a bit and gained furt
Read moreOnline shopping boosts UK Mail H1 profit
20th Nov 2013 07:05
Strong increases in parcel deliveries driven by online shopping has helped delivery group UK Mail to boost profit. UK Mail said profit in its parcel division rose 91% as more people shopped from home on the internet, driving a 63% rise in half year profit to £11.9m. It also increased its interim d
Read moreWednesday broker round-up UPDATE
25th Sep 2013 09:46
Amec: JP Morgan reduces target price from 1301p to 1243p and stays with its neutral rating. Amlin: UBS ups target price from 400p to 450p upgrading from neutral to buy. BAE Systems: UBS takes target price from 450p to 490p and maintains a buy recommendation. BHP Billiton: Alphavalue shifts target
Read moreUK Mail eyes stronger than expected first half
25th Sep 2013 07:27
Parcel delivery and logistics services group UK Mail said its first half performance is expected to be better than previously thought after a bumper start to its second quarter. Group revenues for the half-year ending September 30th 2013 are expected to show an increase of around 7% compared to th
Read moreThursday broker round-up UPDATE
11th Jul 2013 08:23
Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M
Read moreThursday newspaper round-up: Ocado, UK Mail, Hibu...
23rd May 2013 06:54
The Telegraph says that Waitrose head Mark Price is refusing to meet with Ocado chief Tim Steiner after the online grocery group agreed to help rival Morrison develop an online shopping website. According to The Times, British parcel delivery group UK Mail is close to signing a deal with the Depart
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreTuesday broker round-up UPDATE
9th Apr 2013 08:10
African Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco
Read moreFriday broker round-up UPDATE
5th Apr 2013 08:33
Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:
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