Tuesday broker round-up UPDATE
10th Sep 2013 08:17
African Barrick Gold: Investec shifts target price from 135p to 137p, while downgrading from hold to sell. Aquarius Platinum: JP Morgan moves target price from 39p to 49p, while downgrading from neutral to underweight. Citi lowers target price from 66p to 54p and downgrades from buy to neutral. As
Read moreBroker tips: Diageo, WPP, Dixons
6th Sep 2013 11:25
Citigroup has upgraded its rating for Guinness and Smirnoff owner Diageo from 'neutral' to 'buy' after a slight pull-back in the shares over the last month. Citi said that the stock's current valuation "doesn't reflect the attractions of the investment case: (1) resilient growth in the current weak
Read moreBroker snap: Panmure expects strong H2 at WPP
6th Sep 2013 11:24
Panmure Gordon has hiked its target price for advertising and media group WPP and retained its 'buy' rating, saying that the firm is on track for a strong second half. "We now upgrade our WPP target price to 1450p (from 1250p). We consider WPP is set fair for a strong H2 2013 (and beyond), taking i
Read moreFriday broker round-up UPDATE
6th Sep 2013 08:01
Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged. Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p. Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p
Read moreWednesday broker round-up UPDATE
4th Sep 2013 08:50
Abbey Protection: Numis lowers target price from 120p to 110p keeping a hold recommendation. Antofagasta: Investec takes target price from 707p to 725p, but still recommends selling. Ashtead Group: Numis ups target price from 640p to 670p and retains a hold recommendation. Panmure Gordon increases
Read moreMonday broker round-up UPDATE
2nd Sep 2013 08:57
Berkeley Group: Panmure Gordon raises target price from 2046p to 2150p and reiterates a hold recommendation. Betfair: Panmure Gordon increases target price from 1000p to 1317p and maintains a buy recommendation. BHP Billiton: WH Ireland downgrades to neutral. British Land: Exane ups target price
Read moreFriday broker round-up UPDATE
30th Aug 2013 09:27
Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw
Read moreLondon close: Stocks jump on US data as Syria concerns recede
29th Aug 2013 17:03
Markets finished strongly on Thursday, rebounding after recent falls as concerns over an impending Western intervention in Syria eased slightly and US growth estimates were revised higher. One of London's largest constituents, Vodafone, was providing a lift on the FTSE 100 today on hopes that it ca
Read moreFTSE 100 movers: Vodafone, Melrose Industries, WPP
29th Aug 2013 14:08
Vodafone Group was the top riser on the FTSE 100 after confirming it was in talks with Verizon Communications to sell its stake in their Verizon Wireless venture. Melrose Industries surged after the engineering turnaround specialist revealed revenue more than doubled in the first half, boosted by i
Read moreLondon midday: Stocks rise, Vodafone surges on Verizon talks
29th Aug 2013 11:41
The FTSE 100 was registering decent gains on Thursday morning as markets rebounded from recent falls, helped by M&A activity surrounding one of the index's largest constituents, Vodafone, as well as some well-received results from blue chips Melrose and WPP. Markets have been hit this week by conce
Read moreThursday broker round-up UPDATE
29th Aug 2013 09:48
Afren: Westhouse Securities shifts target price from 160p to 165p and reiterates a buy recommendation. BAE Systems: Bank of America raises target price from 328p to 412p, while staying with its underperform rating. Cape: JP Morgan takes target price from 308p to 323p and stays with its overweight
Read moreLondon open: Stocks rebound after recent falls, Vodafone jumps
29th Aug 2013 08:36
Strong gains from Vodafone, WPP and Melrose gave markets in London a boost this morning, as stocks rebounded after some recent falls. Markets have been under pressure this week on concerns about a potential Western military intervention in Syria in response to last week's alleged chemical weapons a
Read moreLondon pre-open: Small rebound expected early on
29th Aug 2013 07:26
UK markets are expected to open slightly higher on Thursday, following in the footsteps of a decent finish on Wall Street the night before following weakness earlier on in the week. Markets have been pressured lower in recent days on concerns about a potential Western military intervention in Syria
Read moreRobust first half at WPP
29th Aug 2013 07:11
Advertising giant WPP revealed a 19 per cent increase in half year pre-tax profit as slowing growth rates among emerging markets were eclipsed by a strong performance among mature markets like North America and the UK. The FTSE 100 listed firm said pre-tax profit jumped 19.4% to £427.1m for the six
Read moreNewspaper round-up: G4S, Centrica, Mark Carney
25th Aug 2013 14:04
An activist investment fund is to double its stake in G4S to 10 per cent, fuelling speculation it will push for a break-up of the security contractor, the Sunday Times said. Cevian Capital, a Scandinavian fund chaired by former City Minister Lord Myners, is already G4S's second-biggest investor with
Read more