Thursday broker round-up UPDATE
24th Jan 2013 08:20
Ashtead Group: Jefferies raises target price from 450p to 525p and keeps a buy recommendation. Aviva: Berenberg cuts target price from 480p to 470p, while retaining a hold recommendation. JP Morgan revises target price from 424p to 443p and maintains an overweight rating. Barr (AG): Societe Genera
Read moreLondon close: Stocks lifted by upbeat US earnings
23rd Jan 2013 17:05
London's FTSE 100 finished with moderate gains on Wednesday afternoon ahead of a key vote over the potential extension of the debt ceiling Stateside, as some decent results from US bellwethers Google, McDonald's and IBM lifted sentiment across stock markets worldwide. The US House of Representative
Read moreSector movers: Unilever and Asian Citrus lift food stocks higher
23rd Jan 2013 15:39
Food producing stocks were performing well on Wednesday with FTSE 100 consumer products giant Unilever the standout performer after impressing with record sales in 2012. Turnover increased by 10.5% to €51.3bn, the first time that it has topped the €50bn mark. Underlying sales growth of 6.9% was str
Read moreFTSE 100 movers: Tullow Oil and Unilever lead the way
23rd Jan 2013 14:51
Tullow Oil, Unilever and Marks & Spencer were at the top of the FTSE 100 game on Wednesday. Tullow Oil led the race, a day after the company said it completed the acquisition of Spring Energy Norway AS. The group announced that the acquisition had already brought success for Tullow. Also to be had
Read moreBroker tips: Unilever, Kingfisher, Fresnillo
23rd Jan 2013 10:55
Investec has reiterated its 'buy' rating and 2,800p target price for consumer goods giant Unilever after its fourth-quarter results came in ahead of forecasts. "The Q4 & FY12 numbers have beaten consensus expectations on the key metrics of organic growth and core margins (core earnings per share we
Read moreBroker snap: Unilever a 'buy' after Q4 beat, says Investec
23rd Jan 2013 09:49
Investec has reiterated its 'buy' rating and 2,800p target price for consumer goods giant Unilever after its fourth-quarter results came in ahead of forecasts. "The Q4 & FY12 numbers have beaten consensus expectations on the key metrics of organic growth and core margins (core earnings per share we
Read moreLondon open: Stocks rise ahead of US debt-ceiling vote
23rd Jan 2013 08:28
Well-received earnings from some Wall-Street heavyweights were boosting market sentiment on Wednesday morning, with London's FTSE 100 making moderate gains early on. Both Google and IBM impressed the US market late last night with better-than-expected fourth-quarter results. Markets will likely be
Read moreLondon pre-open: Decent gains expected as FTSE pushes closer to 6,200 mark
23rd Jan 2013 07:26
City sources predict the FTSE 100 will open up 20 points from yesterday's close of 6,179, tracking gains seen in the US overnight. The main Wall Street indices finished the day slightly higher, despite the release of similarly contradictory quarterly results from a batch of corporate heavyweights.
Read moreUnilever boosted by strong emerging markets
23rd Jan 2013 07:04
Double digit growth in emerging markets helped push Unilever's turnover past the 50bn euro mark in 2012. But it warned the outlook remained tough, with the firm facing high competition and volatile commodity costs. Turnover increased by 10.5% to €51.3bn, helped by a positive impact from foreign ex
Read moreWednesday preview: FTSE 100 big hitters swing results
22nd Jan 2013 15:53
A parade of FTSE 100 companies will be under the spotlight Wednesday as Unilever, BHP Billiton, Land Securities Group and Sage Group release their latest results. Consumer goods giant Unilever will release its fiscal year statement. Consensus expectations are for fiscal year 2012 revenue of €51,29
Read moreBroker tips: Meggitt, IAG, Unilever
21st Jan 2013 11:02
Shares in aerospace engineer Meggitt were weighed down on Monday morning by concerns that one of the group's products could be linked to the grounding of Boeing 787 Dreamliners. However, analysts at Jefferies gave the company the benefit of the doubt, saying that it's too early to point fingers. "
Read moreBroker snap: Investec upgrades Unilever ahead of Q4 results
21st Jan 2013 09:14
Investec has upgraded its recommendation for consumer good group Unilever from 'hold' to 'buy' ahead of this week's fourth-quarter results. "The principle catalysts for our change of view are the potential for margins to surprise on the upside in FY13 and a belief that the Developing Market busines
Read moreMonday broker round-up UPDATE
21st Jan 2013 07:02
Abbey Protection: Numis increases target price from 90p to 120p and upgrades to add. Admiral: Goldman Sachs upgrades to buy from neutral, raising its price target to 1500p from 1160p before. Aggreko: Bank of America lowers target price from 2700p to 1950p and downgrades to neutral. Anglo Americ
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreBroker tips: Aggreko, Unilever, G4S
17th Dec 2012 12:58
Investec has cut its rating for temporary power and temperature control solutions group Aggreko after the company's gloomy pre-close trading update on Monday which sent shares tumbling. "The group should deliver its forecast FY12E earnings outcome, but the outlook for FY13E is much more adverse th
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