Mon, 05th Sep 2016 15:21
(ShareCast News) - RBC Capital Markets reiterated its 'outperform' stance and 4,500p price target on online fashion retailer ASOS, saying the recent share price weakness was a buying opportunity. The broker noted the shares have dropped more than 10% over the last month, most likely on concerns over
Read more(ShareCast News) - Aerospace and defence group Cobham got a boost on Monday as Bank of America Merrill Lynch upgraded the stock to ' buy' from 'neutral' noting the balance sheet was reset and the valuation is attractive for a defence asset. BofA ML pointed out that Cobham has completed a rights issu
Read more(ShareCast News) - Aerospace and defence firm Cobham said its one-for-two rights issue had been 97.21% subscribed. The 89p-a-share issue announced earlier this month will raise £506.7m to reduce debt. Chief executive officer Bob Murphy said at the time that the issue would put Cobham on a "sound fi
Read more(ShareCast News) - Wolseley: JP Morgan reiterates neutral with a target price of 4100p. Cairn Energy: RBC reiterates sector perform with a 250p target. Shire: Jefferies reiterates buy with a target price of 6050p and Exane BNP Paribas stays at outperform. Cobham: JP Morgan keeps at neutral with a
Read more(ShareCast News) - Moneysupermarket.com: Jefferies downgrades to hold with a target price of 312p. Wolseley: Canaccord downgrades to hold with a 4200p target, UBS reiterates buy with a target price of 4300p and Credit Suisse stays at outperform with a 4200p target. Daily Mail: Goldman Sachs reitera
Read more(ShareCast News) - FTSE 250 aerospace and defence group Cobham has been awarded a contract by Airbus worth several hundred million US dollars over the period. The contract is to supply its new digital RAIMS, Radio and Audio Integrated Management System, for the A320neo aircraft family. Cobham's sa
Read more(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details) Adds details, updates prices) * Pan-European STOXX 600
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