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
6 Jan 2016 12:09

LONDON MARKET MIDDAY: Stocks Hit By Oil Price Slide, China Concerns

Read more
29 Dec 2015 16:07

Dividends Calendar - Week Ahead

Read more
18 Dec 2015 07:57

Amec Foster Wheeler Wins Contract Worth USD113 Million From Petra

Read more
18 Dec 2015 07:44

Amec Foster Wheeler awarded South African contract

(ShareCast News) - Amec Foster Wheeler underpinned its South African operations on Friday, and extended its relationship with miner Petra Diamonds, with the announcement of a new partnership in the country. The FTSE 250-listed company confirmed the award of an Engineering Procurement and Constructio

Read more
16 Dec 2015 09:50

BROKER RATINGS SUMMARY: Exane BNP Raises Pearson To Outperform

Read more
4 Dec 2015 16:58

LONDON MARKET CLOSE: December Rate Hike All But Confirmed By US Jobs

Read more
4 Dec 2015 09:33

BROKER RATINGS SUMMARY: Barclays Downgrades Whitbread To Equal Weight

Read more
4 Dec 2015 08:19

LONDON BRIEFING: UK Government Sells More Lloyds Banking Shares

Read more
2 Dec 2015 08:09

Amec Foster Wheeler alliance to upgrade power network

(ShareCast News) - Amec Foster Wheeler has founded an alliance with Clancy Docwra, McNicholas and Morrison Utilities Services to implement a £1bn infrastructure programme in the UK over the next 12 years. Working with UK Power Networks, the four companies will refurbish and upgrade electricity subst

Read more
2 Dec 2015 07:54

Amec Foster Alliance To Carry Out Major Upgrade To Power Network

Read more
1 Dec 2015 09:36

BROKER RATINGS SUMMARY: Citi Downgrades Babcock To Sell From Neutral

Read more
27 Nov 2015 12:15

LONDON MARKET MIDDAY: Miners Drag Market But Petra Finds Pink Diamond

Read more
23 Nov 2015 17:01

LONDON MARKET CLOSE: Oil Price Rebound Fails To Rescue Shares

Read more
23 Nov 2015 12:03

LONDON MARKET MIDDAY: US Stocks Seen Lower Ahead Of Thanksgiving

Read more
19 Nov 2015 16:38

Dividends Calendar - Week Ahead

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.