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Thursday broker round-up UPDATE

Thu, 16th Oct 2014 08:57

Afren: Investec cuts target price from 195p to 120p and reiterates its hold recommendation.Amerisur Resources: Investec lowers target price from 75p to 65p and maintains a buy recommendation.Antofagasta: UBS upgrades from sell to neutral with a target price of 710p.ARM Holdings: Credit Suisse reduces target price from 1100p to 1000p reiterating an outperform rating.ASOS: Goldman Sachs reduces target price from 4300p to 3000p and keeps a buy recommendation.AVEVA: Jefferies upgrades from hold to buy with a target price of 1760p.Bank of Georgia: Numis upgrades from hold to buy with a target price of 2708p.Bellway: UBS ups target price from 1870p to 1910p keeping a buy recommendation.Bunzl: Investec upgrades from add to buy with a target price of 1685p.bwin.party: PeelHunt places its target price (prev.: 110p) under review, while keeping a hold recommendation.Cairn Energy: Investec ups target price from 245p to 260p and reiterates a buy recommendation.Circle Oil: Investec lowers target price from 70p to 60p maintaining a buy recommendation.Consort Medical: PeelHunt reduces target price from 1187p to 916p staying with its buy recommendation.Diageo: Numis reduces target price from 1900p to 1800p retaining its hold recommendation.e2v technologies: Investec lowers target price from 225p to 220p, while staying with its buy recommendation.Faroe Petroleum: Investec cuts target price from 145p to 115p retaining a hold recommendation.GAME Digital: Canaccord Genuity shifts target price from 300p to 308p and leaves its buy recommendation unchanged. Liberum Capital raises target price from 265p to 350p and keeps a buy recommendation.Genel Energy: Investec reduces target price from 1060p to 900p, while its hold recommendation is kept.GKN: Exane cuts target price from 360p to 340p, while upgrading to outperform.Henderson Group: JP Morgan cuts target price from 245p to 222p leaving its neutral rating unchanged.IMI: Exane reduces target price from 1200p to 1100p and reiterates an underperform rating.Ithaca Energy: Investec cuts target price from 175p to 140p staying with its buy recommendation.Lekoil: Investec initiates with a target price of 90p and a buy recommendation.Mears Group: Investec upgrades from add to buy with a target price of 520p.Ophir Energy: Investec cuts target price from 250p to 215p leaving its hold recommendation unchanged.Polymetal: RBC Capital ups target price from 600p to 625p retaining an outperform rating.Premier Oil: Investec initiates with a target price of 350p and a buy recommendation.Restaurant Group: Numis upgrades from add to buy.Rolls-Royce: Berenberg reduces target price from 1216p to 1160p retaining a buy recommendation.Rotork: Exane reduces target price from 2575p to 2300p and maintains an underperform rating.SABMiller: JP Morgan raises target price from 3470p to 3600p and maintains an overweight rating.Shire: Panmure Gordon reduces target price from 5300p to 4200p, while upgrading to buy.Smiths Group: Exane reduces target price from 1255p to 1160p leaving its neutral rating unchanged.SOCO International: Investec initiates with a target price of 350p and a hold recommendation.Spectris: Exane reduces target price from 2070p to 1740p and stays with its neutral rating.Spirax-Sarco Engineering: Exane reduces target price from 2600p to 2450p and stays with its underperform rating.Trinity Exploration: Investec reduces target price from 215p to 145p staying with its buy recommendation.Tullow Oil: Investec reduces target price from 800p to 545p and reiterates a hold recommendation.Vesuvius: Exane reduces target price from 510p to 440p retaining a neutral rating.Weir Group: Exane reduces target price from 2950p to 2400p keeping an outperform rating.Wentworth Resources: Investec moves target price from 65p to 75p keeping a buy recommendation.Whitbread: Numis upgrades from hold to add with a target price of 4500p.
More News
4 Mar 2011 12:31

TechMARK movers: Torotrak continues to rise

Shares in Torotrak continue their rise this week following the announcement of one of its prototype transmissions being used in a Tata Pixel concept car. The share price has risen by 45.7%. The BT Pension Scheme has edged up its stake in e2v Technologies to just above 9%. Two small share sale

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2 Feb 2011 17:27

National Grid boss buys more shares

National Grid's chairman Sir John Parker today spent nearly £110,000 building up his stake in the power and gas grid operator. He bought 20,000 shares at 549.5p a time and now has 134,712. National Grid said that its operating profit is "significantly ahead of last year" in its trading statement f

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31 Jan 2011 12:57

Round-up: Avocet, E2V, Hasgrove

Gold miner Avocet's gold production increased again in the quarter to December to 70,857oz at a cash cost of US$641 per ounce. Gold production for the year totalled 236,396 ounces at a cash cost of US$660 per ounce compared to 109,548 ounces at US$639 per ounce in the 12 months ended December 2009

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31 Jan 2011 12:26

TechMARK movers: Antisoma drug shock

Antisoma has lost nearly two-thirds of its value after its phase III trial for the AS1413 treatment for secondary acute myeloid leukaemia showed the drug to be ineffective. The data published from the trial shows that the drug is no better than the current standard and the drug is being dropped.

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20 Jan 2011 14:43

Dividends back on the agenda at e2v

Electronic components supplier e2v technologies says that the decision whether or not to pay a dividend is back in its own hands. Negotiations with its banks have resulted in an agreement to change the financial covenants on its bank facilities. This means that the covenants will no longer block a

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15 Nov 2010 14:26

TechMARK movers: Spectris continues rise

Instrumentation and controls supplier Spectris continues to rise after Friday's upgrade of full year guidance. Revenues for the four months ended October 2010 increased by 21% from a year earlier. On a like-for-like basis revenues were 16% higher than the comparable period last year. Assuming cu

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15 Nov 2010 11:15

Small caps round-up: E2V, Interserve, London Mining...

Electronic component maker e2v had a strong first half and expects to trade at a similar run rate over the next six months given its current order book. Profit before tax for the six months ended 30 September leapt to £10.1m from £2.6m in 2009 on revenue up 10% to £105.4m. Excluding a 'one-off' ben

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11 Oct 2010 16:38

London close: Footsie limps higher

Footsie closed just a few points higher Monday after a sluggish day's trading that saw the leading share index fluctuating in a narrow range just above the zero mark. Oil services group Petrofac firmed on the back of a lucrative contract win. The government of Sharjah has appointed the company t

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11 Oct 2010 16:07

TechMARK movers: Recovery continues at e2v

Electronic components supplier e2v Technologies says that its figures for the year to March 2011 will be ahead of expectations. First half trading was significantly ahead of the same time last year thanks to overdue orders following industrial action. Underlying revenues were maintained. Radiother

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11 Oct 2010 14:34

London afternoon: Stocks tread water

The blue-chip index trod water over the lunchtime session with the majority of leading stocks consolidating the morning's gains. Oil services group Petrofac is firmer on the back of a lucrative contract win. The government of Sharjah has appointed the company to take over operational responsibilit

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11 Oct 2010 12:06

London midday: Footsie crawls higher

Footsie traded in a narrow range throughout the morning session and started the afternoon in marginally in positive territory, boosted by expectations of a moderately firm opening on Wall Street. Oil services group Petrofac is leading the market's far from vigorous advance. The government of Sharja

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11 Oct 2010 08:46

London open: Bright start fizzles out

Early gains for Footsie have quickly fizzled out and the index is almost back where it started. Builders merchant and Wickes' owner Travis Perkins is on track as sales improved again in the third quarter. Turnover for the nine months to end of September rose 6%, driven by the merchants businesses a

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11 Oct 2010 08:12

e2v to exceed expectations

Electronic component maker e2v saw a strong order flow over the past six months and as a result trading this year will be better than expected. Industrial disruption in the latter part of 2009/10 meant e2v delivered an unusually high level of overdue orders in the six months to September. In addit

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7 Oct 2010 12:16

TechMARK movers: e2v restructuring on course

Electronic components supplier e2v Technologies says that its restructuring is continuing as planned. One-third of the operations at the Lincoln plant have been transferred to Chelmsford, while Grenoble has caught up with the orders delayed due to last year's strike. There will be a trading stat

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26 Jul 2010 07:39

e2v technologies Starts Recovery Program, Including Refinancing

LONDON (Dow Jones)--e2v technologies PLC (E2V.LN), a global provider of technology solutions for high performance systems, said Monday it is executing a three step recovery program including re-financing the Group; ongoing implementation of the accelerated business improvement program; and returning

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