MARKET TALK: UBS Raises IMI Price Target
21st Jul 2010 10:37
0937 GMT [Dow Jones] UBS raises IMI (IMI.LN) price target to 800p from 720p, saying it expects 2Q trading to have been strong. Raises '10 EPS estimate to 63p from 60.9p and '11 EPS estimate to 70.8p from 67.4p. "We think investor focus on returns...and free cashflow generation (yield 8%) provides fu
Read moreMARKET TALK: Goldman Sachs Downgrades Weir To Neutral
20th Jul 2010 09:26
0826 GMT [Dow Jones] Goldman Sachs downgrades Weir Group (WEIR.LN) to neutral from buy, following a period of outperformance since the company raised 1H pretax profit guidance by more than 50% in June. Says Weir no longer has among the highest potential target price upside in Goldman's coverage. St
Read moreMARKET TALK: Investec Lifts Weir Group Target Price
28th Jun 2010 07:53
0653 GMT [Dow Jones] Investec lifts its price target on Weir Group (WEIR.LN) to 1580p from 1200p, and maintains its buy stance. Cites a further set of material upgrades, an increasingly positive outlook and a greater appreciation of the group's growth prospects following the capital markets day. Say
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jun 2010 07:53
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0653 GMT [Dow Jones] Investec lifts its price target on Weir Group (WEIR.LN) to 1580p from 1200p, and maintains its buy stanc
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
24th Jun 2010 07:48
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0648 GMT [Dow Jones] Goldman Sachs raises Weir Group (WEIR.LN) price target to 1550p from 1447p as it adjusts estimates to re
Read moreMARKET TALK: Goldman Sachs Lifts Weir Target Price, EPS
24th Jun 2010 07:48
0648 GMT [Dow Jones] Goldman Sachs raises Weir Group (WEIR.LN) price target to 1550p from 1447p as it adjusts estimates to reflect stronger market recovery in '10, a stronger SPM business, and the Linatex acquisition. Raises '10/'11/'12 EPS estimates by 14%/8%/6% respectively to 91p/101p/112p. "We c
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
18th Jun 2010 10:52
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0952 GMT [Dow Jones] KBC Peel Hunt downgrades Weir Group (WEIR.LN) to hold from buy, as the shares have outperformed stron
Read moreMARKET TALK: KBC Peel Hunt Downgrades Weir Group To Hold
18th Jun 2010 10:52
0952 GMT [Dow Jones] KBC Peel Hunt downgrades Weir Group (WEIR.LN) to hold from buy, as the shares have outperformed strongly in recent weeks. The brokerage consequently raises the price target modestly to 1140p from 1100p. Says there is clearly scope for further upgrades in 2H if after-market deman
Read moreThursday tips round-up: Weir, Filtrona, Tullett Prebon
17th Jun 2010 06:06
Earlier this week engineer Weir posted an unscheduled trading update - which proved a barnstormer. The Telegraph's Questor remains a bull of the group's end markets. The urbanisation of Asian nations as they get richer is a trend that is not going to finish soon - and this process needs power and ma
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
16th Jun 2010 07:40
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0640 GMT [Dow Jones] Royal Bank of Scotland raises Weir Group (WEIR.LN) price target to 1337p from 1194p following the compan
Read moreMARKET TALK: RBS Raises Weir Group Price Target
16th Jun 2010 07:40
0640 GMT [Dow Jones] Royal Bank of Scotland raises Weir Group (WEIR.LN) price target to 1337p from 1194p following the company's strong trading update and the announcement of its acquisition of Malaysia-based Linatex. Says the minerals division and SPM continue to trade very well in 2Q '10. Adds the
Read moreMARKET TALK: BofA Merrill Lynch Raises Weir Price Target
15th Jun 2010 12:17
1117 GMT [Dow Jones] Bank of America Merrill Lynch raises Weir Group (WEIR.LN) price target to 1340p from 1220p following the company's stronger than expected trading update. Says aftermarket orders have been strong across the business and original equipment orders have begun to return. The brokerag
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jun 2010 12:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1117 GMT [Dow Jones] Bank of America Merrill Lynch raises Weir Group (WEIR.LN) price target to 1340p from 1220p following
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jun 2010 09:21
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0821 GMT [Dow Jones] Citigroup raises Weir Group (WEIR.LN) price target to 1280p from 1230p following the company's strong
Read moreMARKET TALK: Citigroup Raises Weir Group Target Price
15th Jun 2010 09:21
0821 GMT [Dow Jones] Citigroup raises Weir Group (WEIR.LN) price target to 1280p from 1230p following the company's stronger-than-expected trading update. Says 1H '10 guidance is around GBP26M ahead of previous expectations. Also notes the company's announcement of a GBP138M acquisition of Malaysian
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