Tuesday broker round-up UPDATE
29th Jul 2014 09:37
Abderdeen Asset Management: Berenberg cuts target price from 530p to 510p and maintains a buy recommendation. African Barrick Gold: Numis takes target price from 260p to 330p upgrading from hold to buy. Anglo American: Deutsche Bank increases target price from 1590p to 1650p and reiterates a hold
Read moreBroker tips: BT, Wm Morrison, Berkeley...
18th Jun 2014 12:41
BT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs. Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year
Read moreZoopla IPO a "decent result" for DMGT, says Investec
18th Jun 2014 11:05
The price of Zoopla's initial public offering (IPO) on Wednesday was a "decent result" for Daily Mail & General Trust (DMGT), according to Investec which maintained a 'buy' rating for the media group. The estate agent portal priced its IPO at 220p, at the "lowish end" of the 200-250p range, accordi
Read moreLondon pre-open: FTSE to rise ahead of BoE and FOMC releases
18th Jun 2014 07:40
Gains are expected on the top tier index this morning, driven by a decent performance in the US ahead of both the minutes of the most recent Bank of England (BoE) meeting and the conclusion of the latest policy meeting of the US Federal Open Market Committee (FOMC). City sources predict the FTSE 1
Read moreDMGT, Countrywide and LSL to cash in on Zoopla IPO at 220p
18th Jun 2014 07:06
Countrywide and LSL Property Services are set to raise nearly £20m each from the sale of shares in Zoopla's initial public offering (IPO) on Wednesday, while Daily Mail & General Trust could make as much as £190m. Zoopla has set its offer price at 220p per share, in between the targeted range of 20
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