DVO.L Share News (DVO)

Thursday broker round-up UPDATE

Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock

Devro warns 2013 result will be a lower end of market expectations

Devro, a manufacturer of collagen products for the food industry, warned that unchanged sales volumes and weakness in some developed markets since the start of July meant its outcome for 2013 would be at the lower end of market expectations. The company also warned that it estimated that 2014 prof

Thursday broker round-up UPDATE

AGA Rangemaster Group: N+1 Singer ups target price from 135p to 150p and stays with its buy recommendation. Anglo American: HSBC raises target price from 1610p to 1740p maintaining an overweight rating. Antofagasta: HSBC increases target price from 900p to 990p and upgrades to overweight. Aquariu

BROKER RATING CHANGES: Citi Cuts Randgold And Fresnillo To Sell

DIRECTOR DEALINGS: Devro CEO And Others Awarded Shares

Thursday broker round-up UPDATE

Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuity upgrades from sell to hold with an unchanged target price of 112p. BBA Aviation: Citi raises target price from 292p to 335p reiterating a buy recom

Monday broker round-up UPDATE

Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe

Devro on target for year despite slow first half

FTSE 250 sausage skins maker Devro said first half sales of edible collagen are expected to rise modestly from a year earlier and it remains confident of a strong second half and growth in full year earnings. The Scotland-based firm said sales are expected to increase 1% while the average price per

Spain's Viscofan say Q1 net profit up 0.5 pct y/y

MADRID, April 24 (Reuters) - Spanish sausage casing maker Viscofan said on Wednesday net profit rose 0.5 percent in the first quarter from a year earlier thanks to a good performance in emerging markets and new investments in China and Uruguay. First quarter net profit was 23.4 million euro

Friday tips round-up: GKN, Devro

GKN's first quarter profits were deceptively weak as once extraordinary charges and acquisition costs are stripped out then they were in fact rather flattish. More importantly even, its recent decision to purchase Volvo's aerospace arm looks increasingly to have been a fortunate one, as the sector's

Devro warns on Q1 profits but retains targets

Sausage skins maker Devro warned that profits for the first quarter of the year were below last year's but that it is confident it will meet full year expectations. The Scotland-based company released a statement from Chairman Steve Hannam ahead of its annual general meeting Thursday morning that e

Ex-divs to take 3.1 points off FTSE 100 on March 27

The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 3.08 point

Monday broker round-up UPDATE

Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3

London midday: FTSE 100 sinks on Italian political impasse

The Footsie lost over one per cent on Tuesday morning in the aftermath of the Italian national elections, as financial markets reacted to the political uncertainty unravelling in the Eurozone's third-largest economy. The centre-left party led by Pier Luigi Bersani appears to have won the lower hous

Full year revenue up 5.9 per cent at Devro

Revenue for the year ending December 31st rose 5.9 per cent at Devro to 241.1m pounds. The FTSE 250-listed company, which manufactures collagen products for the food industry, reported a 1.3% rise in its operating profit to £43.2m and a 6.7% rise in cash generated from operations to £48.1m. Profit