The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMFW.L Share News (AMFW)

  • There is currently no data for AMFW

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Paragon Group jumps, AMEC sinks

Fri, 25th Nov 2016 20:13

(ShareCast News) - Paragon Group led to the upside on the back of a positive endorsement from broker Jefferies.Analyst Phil Dobbin said: "Paragon is evolving from a securitized non-bank lender to a more diversified retail funded banking group. We believe that the company has the ability to gain market share in complex underwriting and can benefit from re-gearing its balance sheet. Increased activity since the year-end and increasing clarity of guidance pushes our forecasts up, particularly from 2018 onwards."Jefferies raised its target price from 400p to 490p, while reiterating its recommendation to 'buy'.UBS also weighed in with its own upwards target price revision, from 350p to 425p.UDG Healthcare was alsho higher a day after the company posted its preliminary full-year results, which prompted analysts at N+1 Singer to reiterate their 'buy' on the shares, telling clients that "further deals should be more accretive, and this is the crux of the investment case. We stay at Buy."The broker also noted the company´s still positive outlook.Countrywide shares were close behind, bouncing back following a steep share price drop over the previous three sessions.Shares in AMEC Foster Wheeler were near the bottom of the leaderboard after analysts at UBS slashed their target on the stock from 640p to 440p, telling clients they believed there was "no clear investment case" until the company unveils its strategy in March 2017.For the investment case "to work" AMEC should be positioned as a turnaround story, analyst Amy Wong said.The fact that only 50% to 55% of its revenues were accounted for by Oil&Gas end market exposure meant the outfit was less geared to Oil&Gas upstream investment, she added. FTSE 250 - RisersUDG Healthcare Public Limited Company (UDG) 648.50p 5.53%Paragon Group Of Companies (PAG) 363.40p 5.17%Countrywide (CWD) 178.00p 5.01%Allied Minds (ALM) 369.40p 4.42%Laird (LRD) 151.00p 3.64%Ocado Group (OCDO) 274.80p 3.30%Ibstock (IBST) 185.10p 3.01%RPC Group (RPC) 1,016.00p 2.99%IP Group (IPO) 149.20p 2.93%Safestore Holdings (SAFE) 355.50p 2.48%FTSE 250 - FallersGrafton Group Units (GFTU) 556.00p -2.97%Amec Foster Wheeler (AMFW) 409.70p -2.73%Petra Diamonds Ltd.(DI) (PDL) 157.90p -2.71%Hunting (HTG) 520.50p -2.62%Petrofac Ltd. (PFC) 782.00p -2.31%Mitchells & Butlers (MAB) 240.60p -2.23%Tullow Oil (TLW) 272.70p -2.01%Evraz (EVR) 255.00p -1.92%Aggreko (AGK) 793.50p -1.67%Serco Group (SRP) 135.60p -1.60%
More News
22 Jan 2016 17:00

LONDON MARKET CLOSE: Oil Rebound, Draghi Comments Lift Global Stocks

Read more
22 Jan 2016 14:24

FTSE 250 movers: Petrofac, Acacia Mining, Virgin Money

(ShareCast News) - A second day of large gains saw West Texas Intermediate crude oil futures clock in with their biggest two-day advance since August 2015. According to Blacrock's chief, institutionals began wading into financial markets as far back as last Wednesday. Dovish remarks from the ECB's M

Read more
22 Jan 2016 12:12

LONDON MARKET MIDDAY: Oil Bounce, ECB Stimulus Hopes Drive Stock Rally

Read more
22 Jan 2016 08:39

LONDON MARKET OPEN: Commodity Stocks Push Higher As Oil Price Rebounds

Read more
21 Jan 2016 09:38

BROKER RATINGS SUMMARY: UBS Starts Coverage Of ITV With Sell Rating

Read more
20 Jan 2016 08:39

LONDON MARKET OPEN: Equities Fall As Oil Market Glut Seen Worsening

Read more
19 Jan 2016 09:35

BROKER RATINGS SUMMARY: UBS Upgrades Burberry To Buy From Neutral

Read more
18 Jan 2016 17:10

LONDON MARKET CLOSE: Iran Resumes Oil Exports And Sends Shares Lower

Read more
18 Jan 2016 15:25

FTSE 250 movers: Miners a drag on second tier

(ShareCast News) - The FTSE 250 continued to slide on Monday, dropping 188.52 points (1.17%) to 15,972.08 by mid-afternoon. Vedanta Resources led a bunch of miners featuring on the fallers list, after JP Morgan Cazenove re-evaluated its stance on the mining sector. In a note released on Monday, the

Read more
18 Jan 2016 12:08

CORRECT: LONDON MARKET MIDDAY: Oil Prices Bounce But Stocks Flatten

Read more
18 Jan 2016 12:01

LONDON MARKET MIDDAY: Oil Prices Bounce But Stocks Flatten

Read more
18 Jan 2016 10:17

WINNERS & LOSERS SUMMARY: Empyrean Energy Jumps On Sugarloaf Deal

Read more
18 Jan 2016 07:30

Amec Foster Wheeler CEO steps down

(ShareCast News) - Amec Foster Wheeler's chief executive Samir Brikho is stepping down from his role, the oil and gas engineer announced alongside a very brief trading update. Chief financial officer Ian McHoul has been appointed to the role of interim CEO with immediate effect and will chair the gr

Read more
18 Jan 2016 07:22

Amec Foster Wheeler CEO Steps Down, CFO Appointed On Interim Basis

Read more
14 Jan 2016 17:05

LONDON MARKET CLOSE: Late Oil Price Bounce Trims FTSE 100 Loss

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.