Thursday broker round-up UPDATE
23rd May 2013 08:35
Amara Mining: Numis lowers target price from 80p to 70p, while keeping a buy recommendation. ARM Holdings: Exane downgrades to neutral with a target price of 1000p. Aveva: Panmure Gordon raises target price from 1900p to 2076p and retains a hold recommendation. Canaccord Genuity increases target p
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreHalfords Commercial Director shrinks stake
11th Feb 2013 16:20
Commercial Director of Halfords, Paul McClenaghan, last week sold 46,221 shares in the bike and car accessories retailer, the company announced Monday. The shares were sold at 341.99p, for a total of £158,071. The transaction comes less than a month after the group announced its total revenue for
Read moreGeronimo Inns MD offloads shares in parent group Young's & Co
18th Dec 2012 17:00
Rupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
Read moreYoungs enjoys 'summer of celebration'
22nd Nov 2012 08:27
Pub company Young & Co's Brewery hiked its dividend after a first half during which it successfully capitalised on the Olympics and Paralympics. The firm also said that it had seen positive trading since the period end, with managed house revenue up 9.4% in total and 6% on a like-for-like basis.
Read moreSmall caps round-up: Gresham Computing, Alliance Pharma, Young and Co's...
10th Jul 2012 08:55
Gresham Computing has unveiled Australia and New Zealand Banking Group as its partner in a previously announced significant contract win. Under the deal Gresham will for a third time partner the bank, providing cash and information management solutions for corporate clients in an effort to increase
Read moreLSE boss buys double round of shares
15th Jun 2012 15:56
- Correction: On Wednesday it was incorrectly reported that Wood Group's Chairman had sold shares; it was in fact the Group Chairman who made the sale. Xavier Rolet, the chief executive officer of the London Stock Exchange Group, has had a busy few days, buying two rounds of shares in the same we
Read moreFriday tips round-up: Facebook, Electrocomponents, Young and Co.
25th May 2012 07:02
The Telegraph's Questor writer, Garry White, has taken to video presentations, arguing against anyone buying Facebook, slamming the listing on Nasdaq and telling everyone to buy Apple if they want a tech stock. No written recommendation at our time of writing. Tempus in the Times looks at Electroco
Read moreYoung's provides full measure
24th May 2012 07:45
Young's evolution into a pure pubs group after the disposal of its brewing interests last year has put the board in a happy mood which even the recent dismal weather cannot spoil. "The disposal of our stake in Wells & Young's has allowed us to focus on our core, premium pub strategy," claimed Steph
Read moreYoung & Co's retail director sells more than just a few pints
6th Dec 2011 15:57
Patrick Dardis, the retail director at Young & Co's Brewery, can afford to buy more than a round of drinks after selling £29,995-worth of shares. Dardis, who joined the AIM-50 listed firm in 2002, sold off 4,411 shares at 680.00p each, less than two weeks after Young & Co.'s said it has made a ver
Read moreYoung's raises glass to London and South-East
24th Nov 2011 10:53
Young & Co.'s Brewery said it has made a very positive start to the second half of the financial year after it saw revenues rise strongly in the first half. The company said revenue was up 34% at £90.5m during the six months to October, with adjusted profit before tax up 11% to £12.5m. However, in
Read moreThursday broker round-up - UPDATE
24th Nov 2011 09:48
Weir: Peel Hunt upgrades from hold to buy, target cut from 2,100p to 2,000p. Weir: Investec maintains buy rating and 2,250p target. Compass: Panmure Gordon raises target from 643p to 658p, buy rating unchanged. Smith & Nephew: Panmure Gordon cuts target from 750p to 640p, buy rating kept. Dixons
Read moreYoung & Co calls time on 180-year brewing history
9th Aug 2011 08:04
A 180-year association with brewing ale is to come to an end at Young & Co's Brewery with the decision by the company to sell its minority stake in the Wells & Young's Brewing Company to Charles Wells. Young's is selling its 40% stake for £15.1m in cash, of which £5.1m is payable on February 2012,
Read moreTop-up needed, Capital tells Fuller's
21st Jun 2011 08:04
Bid target The Capital Pub Company added a few million quid to its price tag after a set of sparkling full year results. Revenue rose 24% to £27.2m in the 52 weeks to 26 March from £22.0m the year before, with like-for-like sales topping 7%. Sales were bang in line with market expectations. Adjust
Read moreBroker tips: WS Atkins, Young & Co's, HMV
7th Jun 2011 12:37
Numis downgrades engineering and infrastructure consultancy WS Atkins from a 'buy' to an 'add' rating, highlighting that the shares are now around 13% off its current target price of 919p. Nevertheless, the broker still sees further upside and thinks that there is scope to raise the target closer t
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