FTSE 250 movers: Hikma rises on Panmure upgrade

6th Nov 2012 15:30

Hikma Pharmaceuticals got a boost after Panmure Gordon upgraded the stock from hold to buy and lifted its price target from 720p to 825p. Jefferies kept its buy rating on the stock and retained a 890p target. Recycled packing firm DS Smith said it continue to expect substantial year-on-year EPS growth and views the remainder of the year with confidence. In an update for the half-year to October 31st, the corrugated boxes maker said its packaging business is performing in line with expectations, with margins for the business as a whole, including SCA Packaging, expected to be within the previously stated medium-term target range of 7-9%. Talvivaara Mining Company continued to fall following its announcement on Monday that is has suffered a leakage in the gypsum pond at its mine site, meaning that metals production is temporarily suspended.Stobart Group was also moving lower, despite the fact it is going ex-dividend on Wednesday. London & Stamford Property dropped after announcing that it is in 'advanced discussions' to merge with Metric Property Investments. The FTSE-250 property company has offered an all-share deal for Metric, which has a market cap of £176m. FTSE 250 - RisersHomeserve (HSV) 234.90p +3.39%Hikma Pharmaceuticals (HIK) 759.00p +3.12%Yule Catto & Co (YULC) 152.70p +2.90%Savills (SVS) 420.00p +2.79%Phoenix Group Holdings (DI) (PHNX) 500.00p +2.46%Michael Page International (MPI) 370.20p +2.24%Invensys (ISYS) 239.50p +2.18%Man Group (EMG) 85.65p +2.09%Ladbrokes (LAD) 190.00p +1.99%Petra Diamonds Ltd.(DI) (PDL) 104.00p +1.96%FTSE 250 - FallersSmith (DS) (SMDS) 206.00p -4.10%Talvivaara Mining Company (TALV) 125.20p -3.47%Stobart Group Ltd. (STOB) 109.70p -3.43%Ruspetro (RPO) 100.00p -2.91%London & Stamford Property (LSP) 114.00p -2.56%Premier Oil (PMO) 352.40p -2.14%Spirent Communications (SPT) 140.90p -2.08%Menzies(John) (MNZS) 596.00p -1.73%Fidessa Group (FDSA) 1,315.00p -1.65%African Barrick Gold (ABG) 420.20p -1.55%NR