Broker snap: Credit Suisse upgrades Unilever on medium-term outlook
17th Dec 2012 12:16
Credit Suisse has upgraded its recommendation for consumer goods giant Unilever from 'underperform' to 'neutral' on the back of the company's new strategy to focus on revenue growth. "Unilever has made no secret of its desire to give top billing to revenue growth. The target is to double sales?no t
Read moreCairn Chairman reduces stake by more than half
13th Dec 2012 16:33
The wife of Cairn Chairman, Sir Bill Gammell, has traded in a large slice of shares, reducing his stake in the oil exploration company to 596,331 shares. Lady Janice Gammell sold the shares at 263.26p earning £1.45m before tax. The Chairman earned a further £260,006 through the sale of another 9
Read moreThursday broker round-up UPDATE
13th Dec 2012 07:22
Advanced Medical Solutions: Investec reduces target price from 93p to 68p and downgrades from buy to hold. Numis downgrades to hold, while maintaining the target price at 165p. Canaccord Genuity moves target price from 93p to 90p and retains a buy recommendation. Anglo American: JP Morgan moves tar
Read moreWednesday broker round-up UPDATE
12th Dec 2012 07:25
AMEC: Credit Suisse reduces target price from 1300p to 1250p reiterating an outperform rating. Anglo American: Barclays upgrades to equal-weight with a target price of 1970p. Ashtead Group: Barclays raises target price from 352p to 434p and reiterates an overweight rating. ASOS: HSBC raises targe
Read moreBroker tips: Unilever, ITV, C&W Comms
3rd Dec 2012 11:23
Following a Unilever investor and analyst seminar in Paris, Investec has raised its price target for the consumer products stock from 2,300p to 2,400p but has kept its 'hold' rating on the stock. "ULVR needs more bottom line juice for our ongoing admiration to turn into renewed conviction." Furthe
Read moreBroker snap: Investec stays cautious about Unilever
3rd Dec 2012 11:11
Following a Unilever investor and analyst seminar in Paris, Investec has raised its price target for the consumer products stock from 2,300p to 2,400p. Analyst Martin Deboo said: "The Paris summit impressed us again and evidence of an increasingly high-performing organisation continues to accrues.
Read moreMonday broker round-up UPDATE
3rd Dec 2012 07:16
ARM Holdings: Exane BNP Paribas upgrades from neutral to buy. Ashtead Group: Bank of America starts with a target price of 460p and a buy recommendation. AstraZaneca: Berenberg raises target price from 3080p to 3100p; hold recommendation kept. Balfour Beatty: Investec reduces target price from 21
Read moreTwo BP Executive VPs slim down shareholdings
2nd Nov 2012 16:39
Making the most of a strong week, two of BP's divisional Executive Vice Presidents have between them sold 130,000 shares in the same week oil giant delivered a better-than-expected performance in the third quarter. Mike Daly, the company's Executive Vice President of exploration, traded in 24,473 s
Read moreFriday tips round-up: Unilever, Bloomsbury
26th Oct 2012 08:03
Unilever yesterday announced that it is cutting costs. But it is not the only one, The Financial Times Lex column explains. Colgate Palmolive also said that it planned to cut 6 per cent of its workforce as part of an effort to save 40m dollars a year. Investors have warmed to Unilever of late, despi
Read moreLondon close: Economists see MPC taking QE off the table
25th Oct 2012 16:45
- UK and US data beats expectations - UK QE off the table for November's meeting, say analysts - Miners provide a drag on the Footsie Stocks pared gains to finish flat by the close on Thursday despite a barrage of better-than-expected data the world over - including UK gross domestic product (GDP)
Read moreFTSE 100 movers: Carnival rises on Royal Caribbean's outlook
25th Oct 2012 15:14
Cruise operator Carnival rose three per cent, making it the top riser among FTSE 100 stocks in afternoon trade, buoyed by news that its US rival Royal Caribbean has raised its full-year forecast. Carnival had to cut prices to get people back on board with the idea of cruise holidays after the Costa
Read moreWeak European earnings should not weigh on markets further
25th Oct 2012 11:48
European and British investors awoke this morning to a flood of corporate earnings (37 Eurostoxx 600 companies publish today) and the main indices are on the rise as they digest the numbers that seem to be following the recent trend of an equal dose of the good, the bad and the ugly. Although the
Read moreLondon midday: Stocks lifted by UK GDP and Japanese speculation
25th Oct 2012 11:36
- UK GDP beats expectations in Q3 - Japan to boost asset purchases, says newspaper - Unilever and AstraZeneca provide a lift after Q3 updates After a cautious start, the FTSE 100 was registering decent gains by Thursday lunchtime after UK gross domestic product (GDP) figures showed the country exit
Read moreLondon open: Corporate results impress as markets await GDP data
25th Oct 2012 08:40
- Unilever, AstraZeneca and miners rise after updates - WPP falls after Q3 disappointment - Markets higher ahead of UK GDP UK stocks edged higher on Thursday morning after a flurry of corporate updates were well received; however gains will likely will be modest this morning ahead of the UK growth
Read moreThursday broker round-up - UPDATE
25th Oct 2012 08:20
APR Energy: Seymour Pierce upgrades from reduce to hold, target left at 650p. ASOS: Seymour Pierce raises target from 1,900p to 2,350p, hold rating kept. AstraZeneca: Jefferies keeps hold rating and 3,00p target. Berkeley Group: Goldman Sachs upgrades to conviction buy, target lifted from 1,950p
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