Thursday broker round-up - UPDATE
4th Oct 2012 07:57
BHP Billiton: Morgan Stanley cuts target from 2,180p to 2,100p, overweight rating kept. BTG: Deutsche Bank raises target from 384p to 394p, buy rating kept. Capita: Panmure Gordon keeps hold rating and 620p target. Carillion: Seymour Pierce keeps buy rating and 395p target; Panmure Gordon maintai
Read moreCarillion confirms previous guidance
4th Oct 2012 07:32
FTSE-250 building firm Carillion has issued a mixed third quarter update saying performance is in line with previous guidance. The good news was that it continues "to expect to deliver improvements in operating profit and total operating margin" for the full year ending December 31st 2012. The bad
Read moreFTSE 250 movers: Britvic, AG Barr surge on merger speculation
5th Sep 2012 15:56
Investors of Britvic and AG Barr today celebrated the news that the companies are in discussions about an all-share merger which would create 'one of the leading soft drinks companies in Europe'. "The combination would have compelling industrial logic and represents an opportunity for both companie
Read moreLondon open: BP and ex-div stocks provide a drag early on
5th Sep 2012 08:34
- ECB meeting eyed - Australian, Chinese data disappoints - BP, ex-div stocks weigh on Footsie Following a 1.5 per cent fall for the Footsie the day before, UK stocks opened lower once again on Wednesday morning with investors likely to remain cautious ahead of tomorrow's eagerly anticipated Europe
Read moreFriday broker round-up
24th Aug 2012 09:34
African Minerals: Jefferies cuts target from 800p to 550p, buy rating kept. Anglo American: Jefferies downgrades from buy to hold, 2,200p target kept. Ashmore: Citigroup downgrades to sell, target cut from 305p to 300p. Berendsen: Investec maintains buy rating and 570p target; Seymour Pierce down
Read moreThursday tips round-up: BHP Billiton, Carillion, Spirax Sarco
23rd Aug 2012 07:04
Questor in the Telegraph goes in to bat, big time, for BHP Billiton. Yesterday the world's biggest mining firm raised eyebrows after reporting a 26 per cent decline in pre-tax profits and cancelling a huge copper and uranium project, known as the Olympic Dam. Questor believes any pessimism is over
Read moreWednesday broker round-up
22nd Aug 2012 09:20
888 Holdings: Shore Capital upgrades to buy. Afren: Jefferies raises target from 140p to 155p, buy recommendation maintained. Anglo American: JPMorgan Cazenove downgrades to underweight, target cut from 3,000p to 1,900p. Antofagasta: JPMorgan Cazenove upgrades to overweight, target lifted from 1,
Read moreLondon pre-open: SA President characterises Lonmin actions as insensitive
22nd Aug 2012 07:33
City sources predict the FTSE 100 will open down 37 points from yesterday's close of 5,858, tracking losses in Asia and the US as investors focus on technical factors amid a general lack of direction. To be had in account nonetheless, US PC maker Dell fell 5% in after-hours trading following the r
Read moreCarillion builds profits despite declining sales
22nd Aug 2012 07:10
Construction and infrastructure group Carillion saw revenues fall by over a tenth in the first half but profits were ahead of last year on the back of a continuing improvement in the operating margin. Revenue slipped 12% from £2,453.5m to £2,156.8m in the six months to June 30th, primarily due to t
Read moreLondon close: US jobs data sinks stocks
6th Jul 2012 16:41
- US non-farm payrolls disappoint - Miners drag the Footsie lower - IMF to cut global GDP forecast After treading water for the morning session, the Footsie dropped in afternoon trade after a disappointing employment report from the US dampened the outlook for the global economy. The US Labor Depa
Read moreBroker snap: Low growth and unsustainable margins at Carillion, says UBS
6th Jul 2012 14:40
Support services firm Carillion was a heavy faller on the FTSE 250 on Friday after UBS downgraded its rating on the stock from 'neutral' to 'sell' and slashed its target price from 285p to 230p. Shares in the facilities management, infrastructure and energy services provider were trading 6.2% lower
Read moreFTSE 250 movers: AVEVA in top spot after upgrade
6th Jul 2012 13:31
Engineering software firm AVEVA was a high riser after Berenberg upgraded the stock to 'buy' and lifted its target price from 1,660p to 1,927p. Support services firm Carillion was a heavy faller after UBS downgraded the stock from 'neutral' to 'sell' and cut its target price from 285p to 230p. UBS
Read moreLondon midday: Stocks fall as investors shrug off central bank action
6th Jul 2012 11:37
- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal The Footsie was trading within a narrow range on Friday morning as investors showed caution ahead of a pivotal employment report due out in the US in the coming hours. Stocks o
Read moreFriday broker round-up
6th Jul 2012 09:35
Aviva: SocGen upgrades to hold from sell. Aberdeen: UBS cuts target from 310p to 300p, buy rating unchanged. Associated British Foods: Nomura raises target from 1,375p to 1,400p, buy recommendation unchanged. AstraZeneca: Jefferies downgrades from buy to hold, target left at 2,975p. AVEVA: Beren
Read moreLondon close: Stocks flat, attention turns to Barclays late on
4th Jul 2012 16:48
- Former Barclays CEO quizzed by MPs over LIBOR fixing - Market subdued as Wall Street closed - Tomorrow's policy decisions eyed After a brief foray into positive territory, gains for the Footsie were pared in the final hour of trade with the focus shifting to Barclays as its former boss was being
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