Broker tips: Rolls-Royce, Capita, Morgan Advanced Materials

25th Jul 2013 11:53

Investec has maintained its 'buy' rating and 1,350p target price for Rolls-Royce following the engine maker's better-than-expected first-half results on Thursday. "RR has been one of the best performers in the sector year to date (+36%) and on an FY14E price-to-earnings of 16.1x, is the highest rat

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Broker snap: Jefferies upgrades Morgan Advanced Materials to 'buy'

25th Jul 2013 08:29

Jefferies has upgraded its recommendation for Morgan Advanced Materials from 'hold' to 'buy', saying that the diversified materials business is potentially at a turning point. The company, which manufactures products from medical instruments, aerospace and satellite communications components, to bo

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Tuesday broker round-up UPDATE

2nd Jul 2013 08:24

Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati

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Petrofac heads stock up as group unveils growth predictions

17th May 2013 16:10

Both the Chairman and the Chief Financial Officer of Petrofac bought shares on Thursday, the same day the company predicted modest growth in net profits for the year. In an announcement issued Friday, it was reported that Norman Murray and Tim Weller bought 7,500 and 7,454 shares respectively. M

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Morgan Advanced Materials trading in line with expectations

10th May 2013 08:20

Morgan Advanced Materials said it sees modest growth ahead after trading in line with expectations in the first four months of the year. The UK manufacturer of carbon and ceramic products for industrial industries anticipates a rise in revenues as the year progresses compared to the second half of

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Polymetal International Chief buys 100,000 shares

19th Apr 2013 08:12

The Chief Executive Officer of Polymetal International has purchased 713,750 pounds-worth of shares, just two days after the FTSE 100 mining group reported that the Mayskoye mine in Russia had produced its first dry gold concentrate. Vitaly Nesis celebrated the news with the purchase of 100,000 sh

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