FTSE 250 movers: IG Group buffeted by currency headwinds, miners rebound
21st Jul 2015 14:07
(ShareCast News) - Mid-caps were subdued on Tuesday as strong performances from oil, insurance and technology stocks were offset by losses in the telecommunications, utilities and construction sectors. As of 14:30 BST, the FTSE 250 was trading flat at 17,790. IG Group topped the fallers after repor
Read moreFriday broker round-up
10th Jul 2015 14:03
(ShareCast News) - Anglo American: Citi upgrades to neutral. Ashmore: Jefferies reiterates buy but shaves target price to 373.5p, Cannacord reiterates hold. Aviva: Barclays reiterates neutral stance and nudges target to 637p from 632p, Berenberg keeps at sell. BaE Systems: Berenberg upgrades to bu
Read moreCanaccord upgrades Centamin, expects production guidance to be exceeded
10th Jul 2015 09:12
Broker Canaccord has upgraded Egyptian gold miner Centamin to 'buy' from 'hold' and lifted its price target to 75p from 70p. The FTSE 250 company on Thursday reported a 33% increase in gold production from its Sukari mine in the second quarter and forecast third quarter output of 103,000oz and 120,0
Read moreThursday broker round-up
9th Jul 2015 16:22
Ashmore: RBC keeps at underperform. Aggreko: Exane reiterates underperform recommendation and 1,250p target. Anglo American: Investec stays at hold on the miner's South African-listed shares. Associated British Foods: Credit Suisse stays at outperform and sets a target price of 3,250p. Barclays:
Read moreCentamin exceeds expectations with 33% rise in gold production at Sukari
9th Jul 2015 09:37
Centamin exceeded its own production guidance this quarter, reporting a 33% lift in gold production at its Sukari mine. Production at the Egyptian mine for the quarter was 107.8koz ounces, a 33% increase on the second quarter of 2014 and in line with production during the first quarter of 2015. Ful
Read moreFTSE 250 movers: Thomas Cook hit by travel market uncertainty, Ocado higher on deal speculation
29th Jun 2015 13:21
Mid-caps plunged on Monday, with gains made by miners overshadowed by weakness in the travel and financial sectors, as Greece closed its banks and called for a public vote on bailout proposals by its creditors. As of 15:00, the FTSE 250 was trading 1.2% lower at 17,607. Travel tour operator Thomas
Read moreFTSE 250 movers: Spire lifted by Remgro stake purchase, WS Atkins hit by downgrade
22nd Jun 2015 13:31
Mid-caps staged a recovery on Monday, as insurance, financial services and travel stocks put in a strong performance and investors kept their fingers crossed for a short term funding deal in Greece. As of 3:00 BST, the FTSE 250 was trading 1% higher at 17,883. Hospital operator Spire Healthcare jum
Read moreFTSE 250 movers: Foxtons hit by overcharging allegations, oil stocks higher
8th Jun 2015 13:50
Mid caps were in the red on Monday afternoon, as gains made by oil and mining stocks were overshadowed by weakness in the pharmaceutical, engineering and retail sectors. As of 15:45, the FTSE 250 was trading 0.13% lower at 17,908. Foxtons led the fallers as The Guardian reported that London law fir
Read moreTuesday broker round-up
2nd Jun 2015 07:57
British American Tobacco: JP Morgan reiterates overweight and 4,100p target price. Royal Mail: JP Morgan reiterates neutral stance. Playtech: JP Morgan reiterates buy. Henderson Group: UBS reiterates neutral stance and 275p target. Prudential: UBS reiterates buy recommendation and 1,950p target.
Read moreThursday broker round-up
14th May 2015 14:30
ITV: Numis downgrades to add but nudges target to 290p from 275p, Investec reiterates hold and Credit Suisse reiterates outperform. SAB Miller: Credit Suisse reiterates underperform stance, Nomura reiterates neutral recommendation and Deutsche reiterates its call to hold. GlaxoSmithKline: UBS downg
Read moreFTSE 250 movers: Mitie hit by minimum wage dispute, Enterprise Inns higher on expansion plans
13th May 2015 13:16
UK stocks rebounded on Wednesday, driven by the Bank of England pushing back rate-hike predictions and a dip in unemployment. Sector-wise, property, energy and engineering stocks extended gains, while travel and utilities dipped. As of 03:30, the FTSE 250 was trading 193 points, or 1.09% higher at 1
Read moreExpansion of Sukari proceeding as scheduled, Centamin says
13th May 2015 07:44
Gold miner Centamin saw gold output fall in the first quarter due to lower open pit grades as the company continued to expand its open-pit development at Sukari, its main producing asset. In the first three months of 2015 gold production fell by 16% to reach 108,233 ounces when compared with the las
Read moreLondon close: Stocks retreat from record with investors nervous ahead of busy week
13th Apr 2015 16:29
Decent gains from financial stocks were outweighed by heavy falls in the mining sector on Monday as the UK equity market pulled back from a record high reached last week. Political uncertainty and nervousness ahead of busy week had prompted a bout of profit-taking in London, with the FTSE 100 down 0
Read moreFTSE 250 movers: Lonmin tracks mining sector lower, Playtech boosted by higher price target
13th Apr 2015 14:09
Lonmin was in the red as Citigroup downgraded its rating on the stock to 'neutral'. Citigroup downgraded its stance on the wider mining sector on Monday to 'neutral' from 'bullish', saying that upside is "now capped" by weaker iron ore prices. BlackRock Mining was trading lower, as chief investment
Read moreFTSE 250 movers: Oil stocks rise on M&A hopes, Go-Ahead upgraded
8th Apr 2015 15:34
A host of stocks in the oil sector were performing well on Wednesday after a £47bn takeover of BG Group by Shell sparked hopes it will trigger a new wave of industry consolidation. Larger players have held up well amid the oil crisis compared with their smaller peers and could now look to snap up st
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