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FTSE 250 movers: Imagination Technologies soars into top spot

Fri, 16th Mar 2012 16:24

Shares in Imagination Technologies Group, the company behind the technology used in Apple's new iPad, leapt to their highest level in nearly 18 years following positive comments from Goldman Sachs. Analyst Simon Schafer said that "IMG remains at the heart of some of the most significant smartphone and tablet ecosystems", and forecast a 1,000p rise in the share price over the next year, compared to a previous prediction of 850p.Retailing peers Dixons Retail, Ocado, SuperGroup and Home Retail were all rising, with the latter being lifted by an upgrade by HSBC from underweight to overweight.FTSE 250 - RisersImagination Technologies Group (IMG) 706.00p +10.40%Ocado Group (OCDO) 130.50p +9.57%Dixons Retail (DXNS) 17.04p +6.70%Yule Catto & Co (YULC) 250.10p +5.71%Homeserve (HSV) 254.90p +5.03%Supergroup (SGP) 630.00p +5.00%Aquarius Platinum Ltd. (AQP) 162.10p +4.72%Hunting (HTG) 971.00p +4.41%Ophir Energy (OPHR) 431.10p +4.13%Allied Gold Mining (ALD) 130.60p +3.98%FTSE 250 - FallersSpirit Pub Company (SPRT) 58.50p -4.10%Cable & Wireless Worldwide (CW.) 33.95p -2.81%Kenmare Resources (KMR) 50.10p -2.72%Soco International (SIA) 327.50p -2.56%Talvivaara Mining Company (TALV) 266.00p -2.39%Stobart Group Ltd. (STOB) 133.40p -2.27%Britvic (BVIC) 378.60p -2.20%BH Global Ltd. USD Shares (BHGU) 11.76 -1.59%Babcock International Group (BAB) 746.00p -1.52%London & Stamford Property Ltd. (LSP) 112.00p -1.50%NR
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23 Jun 2016 13:11

Thursday broker round-up

(ShareCast News) - Ascential: Goldman Sachs reiterates buy with a target price of 278p. Sophos: UBS keeps at buy with a 300p target. SSP Group: JP Morgan keeps at overweight with a target price of 335p. Vodafone: HSBC upgrades to buy with a target of 175p. Bae Systems: Berenberg downgrades to hol

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27 Feb 2015 09:23

Beale Narrows Annual Loss And Improves Gross Margin, But Revenue Hit

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20 Feb 2015 09:50

Beale Takeover Offer From English Rose Declared Unconditional

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26 Jan 2015 12:28

English Rose Gets Binding Irrevocable Undertakings Over 34% Beale Stake

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19 Jan 2015 14:04

Beale to accept cut-price takeover offer from Perloff

Department store operator Beales has reluctantly accepted a takeover offer from property entrepreneur Andrew Perloff. Perloff, who along with his family owns 29.72% of Beales, has offered 6p a share in cash, a 48% discount to Friday's close of 11.5p. The offer, which is carried out through a new ve

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19 Jan 2015 13:25

UPDATE: Beale Board Backs Discounted Takeover By English Rose

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19 Jan 2015 09:45

Beale Shares Plunge As Board Backs Discounted Takeover By English Rose

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22 Sep 2014 15:38

Broker tips: BAE Systems, Tesco, Dairy Crest

Analysts at UBS believe BAE Systems is in the right segments of the defence industry – aerospace and high-end technology – to capitalise on the increased emphasis on higher technology military operations. That is manifestly the case when one looks at the recent 50 nations for Air Power

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19 Sep 2014 08:04

Beale Says Group Sales Lower After Closing Loss-Making Stores

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11 Sep 2014 13:00

Sector movers: Retailers fall as Next and Home Retail disappoint

Poorly-received updates from the likes of Next and Home Retail Group ensured that the UK-listed general retail sector was firmly in the red on Thursday afternoon. High street giant Next delivered a solid first half with both sales and profits ahead of the company's original expectations, but under a

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7 Jul 2014 14:55

Sector movers: M&S caution, rate-hike speculation dampen retail stocks

General retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi

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3 Jul 2014 11:42

Beale Pretax Loss Narrows, But Cautions On Tough 2014

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3 Jul 2014 08:58

Beale self-help slims losses

- Reduces half-year losses - Recent trading boosted by UK recovery, self-help initiatives - Confident business is in process of turning around Department store operator Beale trimmed half-year losses and said recent trading has been bolstered by the improving UK economy and a number of self-help in

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24 Apr 2014 07:41

UK MORNING BRIEFING: Unilever, AstraZeneca Suffer Weak 1st Quarters

LONDON (Alliance News) - UK shares have opened higher Thursday following strong results reported by US technology bellwethers Apple and Facebook overnight.

A number of major UK companies also reported early Thursday, but with a less positive tone.

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24 Apr 2014 05:14

UK AGM, EGM Calendar - Week Ahead

UK AGM, EGM Calendar
Thursday, April 24
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