Broker tips: Sainsbury, Whitbread, Fenner
13th Jun 2012 14:48
Sainsbury is in the doldrums after its first quarter update disappointed slightly, but Panmure Gordon argues the supermarket giant put in a decent shift, considering the miserable weather in April. Like-for-like sales (excluding fuel) rose by 1.4% year-on-year, which was below the range of expectat
Read moreBroker snap: CS sees better hotel plays than Whitbread
13th Jun 2012 13:32
With many reports suggesting that this year's Olympic Games in London will be a negative factor for hotels in the capital, Premier Inn owner's Whitbread's results next Tuesday are well timed. With UK revenue per available room (revPAR) growth in the UK still subdued, Credit Suisse is not expecting
Read moreFriday tips round-up: Vodafone, Whitbread, Supermarkets
8th Jun 2012 06:56
In the Telegraph, Questor makes a compelling case for buying Vodafone. Impressive cash generation offers a current yield of 8.5 per cent while the shares trade at just 10 times earnings. Vodafone has also announced a sensible joint venture with O2's parent company, Telefonica, to share infrastructur
Read moreJD Wetherspoon founder gets some more in
18th May 2012 15:37
Tim Martin, non-executive chairman of JD Wetherspoon, the pub group, has bumped up his stake in the company. In one hell-of-a-large round, he bought around £2.5m-worth of shares in the popular pub chain. Martin, who founded the business in 1979 and took on the role of chairman four years later, b
Read moreLondon close: Stocks fall on Greek exit talk
16th May 2012 16:22
- Greek exit speculation sinks stocks again - ECB stops funding to some Greek banks (report) - Eurozone crisis to limit UK GDP in 2012, says BoE After a temporary foray into positive territory, the FTSE 100 slipped late on to finish in the red for a third straight day as concerns over a potential G
Read moreLondon midday: Greece, UK concerns pull Footsie to five-month low
16th May 2012 11:34
- Footsie nears five-month low - Potential Greek exit grips markets - Bank of England cuts GDP forecast, unemployment falls Concerns over a potential exit of Greece and growth in the UK were weighing on the FTSE 100 by Wednesday lunchtime, with the Footsie sinking to intraday levels not seen since
Read moreLondon open: Footsie at lowest levels since mid-December
16th May 2012 09:04
- Greek concerns dent Footsie again - Glencore, Sainsbury fall after going ex-dividend - Lamprell tanks on FTSE 250 London's FTSE 100 suffered a third straight sell-off on Wednesday, sending the blue chip index to a near five-month low in early trading on the back of concerns over the political si
Read moreWednesday broker round-up - UPDATE
2nd May 2012 08:37
BP: Jefferies cuts target from 550p to 525p, buy rating kept. British Sky Broadcasting: Jefferies reiterates hold rating and 700p target; Nomura maintains buy rating and 1,000p target. CSR: UBS upgrades from neutral to buy, target lifted from 290p to 310p. Halma: Barclays Capital downgrades from
Read moreFriday broker round-up - UPDATE
27th Apr 2012 09:21
AstraZeneca: Credit Suisse maintains underperform rating and 2,600p target. ASOS: HSBC upgrades from neutral to overweight, target cut from 1,900p to 1,780p. Barclays: Nomura reiterates neutral recommendation and 268p target. British American Tobacco: Jefferies maintains buy recommendation and 3,
Read moreFriday tips round-up: Croda, Whitbread, Go-Ahead
27th Apr 2012 06:58
In the Telegraph, the Questor column puts speciality chemicals maker Croda firmly under the microscope. It makes many of the ingredients for cosmetics like lipstick and yesterday reported sales up 4.7% in the first quarter. The shares have been going great guns this year, up nearly 30% since Decem
Read moreLondon close: Whitbread leads the Footsie higher
26th Apr 2012 16:41
- Whitbread up 6pc, Astra down 6pc - Economic data from UK and US comes in mixed - Fed sees growth picking up gradually The Footsie rallied in afternoon trade to finish close to its intraday highs reached in the morning session. Investors had to digest a barrage of company results and trading updat
Read moreFTSE 100 movers: Whitbread rises as AstraZeneca tumbles
26th Apr 2012 14:50
Whitbread, the FTSE 100 coffee shops, restaurants and hotels operator, was on a caffeine high after it topped expectations with full-year profits and sales, with the Costa Coffee chain once again driving growth. The good news also prompted Peel Hunt to reiterate its buy recommendation for the stock,
Read moreBroker tips: Barclays, AstraZeneca, Whitbread
26th Apr 2012 12:49
Nomura has maintained its neutral rating and 268p target price for UK lender Barclays saying that while the first-quarter results were slightly better than expectations, the second-quarter outlook is 'deteriorating'. Barclays said that while the first-quarter performance was "encouraging", "the con
Read moreLondon midday: Footsie flat as AstraZeneca provides a drag
26th Apr 2012 11:51
- Footsie flat after strong start - AstraZeneca drops after disappointing first-quarter results - Domestic economic data comes in mixed After a strong rise early on, the FTSE 100 had erased gains to trade broadly flat by lunchtime after a mixed reception to a barrage of company results and trading
Read moreBroker snap: Peel Hunt hikes target for Whitbread
26th Apr 2012 11:48
Peel Hunt has reiterated its buy recommendation for coffee shop, restaurant and hotel owner Whitbread following the group's full-year results. Total revenue for the financial year ending on March 1st was up 11.2% to £1,778.0m from £1,599.7m the year before, ahead of expectations of a figure of £1,7
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