FTSE 100 movers: Associated British Foods boosted by UBS
6th Nov 2013 14:37
Associated British Foods was the top performer on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p. The bank reiterated its 'buy' rating for the shares. Annual figures from the company were in line with
Read moreBroker tips: InterContinental Hotels, Ophir Energy, Unilever
28th Oct 2013 14:01
InterContinental Hotels Group's shares slumped after Panmure Gordon reiterated a 'hold' rating as the company reported a weaker-than-expected third quarter trading update. The company's third quarter trading was a bit below expectations, these analysts pointed out, with a weak showing for the Ameri
Read moreBroker snap: Limited scope for upside in short-term at Unilever
28th Oct 2013 09:09
Consumer goods conglomerate Unilever has the means to withstand weaker growth in its markets and increased competition. However, it needs to improve growth in developed markets and it has been a disappointingly long time (nearly two years) since the company's last material acquisition, analysts at P
Read moreLondon midday: Stocks rise as Chinese manufacturing hits seven-month high
24th Oct 2013 12:10
- Chinese HSBC PMI at seven-month high - Eurozone composite PMI misses forecasts - Sports Direct founder sells 106m-pound stake techMARK 2,629.17 +0.18% FTSE 100 6,706.61 +0.48% FTSE 250 15,526.08 +0.20% UK stocks were performing well on Thursday as some improving data from China fuelled some dece
Read moreLondon open: Markets rebound after China data, Sports Direct drops
24th Oct 2013 08:33
- Chinese HSBC PMI at seven-month high - Sports Direct founder sells 106m-pound stake - WPP rises after strong third quarter techMARK 2,627.78 +0.13% FTSE 100 6,695.11 +0.31% FTSE 250 15,538.56 +0.28% UK markets rebounded on Thursday morning with buying sparked by some improving data from China.
Read moreLondon pre-open: FTSE to claw back yesterday's losses
24th Oct 2013 07:26
City sources predict the FTSE 100 will open around 25 points higher than yesterday's close of 6,674.48, regaining losses seen on in London markets on Wednesday. The gains are expected despite moderate losses in the US overnight, which saw the S&P 500 snap a five-day winning streak as investors weig
Read moreSales growth eases at Unilever after emerging-market slowdown
24th Oct 2013 07:14
- Underlying growth eases to 3.2 per cent - Emerging-market growth slows significantly - Foreign exchange dampens results Consumer products giant Unilever met guidance for underlying sales growth in the third quarter and said it made 'good progress in slower markets'. The Lynx, Marmite and Persil
Read moreFriday broker round-up UPDATE
11th Oct 2013 08:51
Barratt Developments: Deutsche Bank moves target price from 365p to 391p reiterating its buy recommendation. Bovis Homes Group: Deutsche Bank raises target price from 901p to 1001p and keeps a buy recommendation. Croda International: Liberum Capital downgrades to hold with a target price of 2480p.
Read moreFTSE 100 movers: Persimmon boosted by 'Help to Buy' confidence
10th Oct 2013 14:35
House builder Persimmon was a high riser this afternoon as optimism over the government's 'Help to Buy' scheme continues to help the stock bounce off recent lows. The share price has now gained over 10 per cent over the last two days. Whitbread shares leapt on market chatter about a potential spin-
Read moreTuesday broker round-up UPDATE
8th Oct 2013 11:39
Aviva: Alphavalue shifts target price from 366.70p to 366.20p downgrading from reduce to sell. Barclays: Credit Suisse reinitiates with a target price of 280p and a neutral recommendation. BHP Billiton: Alphavalue reduces target price from 1972.70p to 1732p downgrading from add to reduce. Chesnar
Read moreLondon close: Stocks edge higher but gains limited by US shutdown
3rd Oct 2013 16:49
Ongoing political wrangling in the States limited gains for stocks on Thursday though the FTSE 100 still managed to snap a four-day losing streak to finish slightly higher. However, markets were rangebound as investors digested mixed economic data from across the globe with service-sector activity
Read moreFTSE 100 movers: Tesco leads after broker retains buy rating
3rd Oct 2013 14:59
In a research note issued this afternoon, analysts at Shore Capital have decided to retain their "buy" stance on shares of supermarket Tesco, despite the company's extremely poor results in Europe. What the broker most wants out of the firm are more cautious - and realistically achievable - foreca
Read moreThursday broker round-up UPDATE
3rd Oct 2013 08:21
Alternative Networks: Westhouse Securities downgrades to neutral with a target price of 350p. ARM Holdings: Credit Suisse moves target price from 1030p to 1050p and reiterates an outperform rating. Burberry Group: JP Morgan raises target price from 1450p to 1550p reiterating a neutral rating. Car
Read moreLondon close: Stocks finish flat as markets digest US shutdown, data
1st Oct 2013 16:25
Stocks in the UK finished broadly flat on Tuesday as investors gave a subdued reaction to the news of the first partial US government shutdown in 17 years. Indices across Europe and the States however edged higher today, with London's FTSE 100 bucking the trend given some sharp falls in the heavywe
Read moreFTSE 100 movers: easyJet climbs on Citigroup comments
1st Oct 2013 15:10
Budget airline easyJet was a high riser today after analysts at Citigroup said they expect full-year profits to be "near the upper-end of previous guidance". The company said in July that pre-tax profit would be between £450m to £480m; Citi's forecast is £474m. Shares in betting group William Hil
Read more