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Wednesday broker round-up UPDATE

Wed, 17th Apr 2013 07:20

African Barrick Gold: Deutsche Bank cuts target price from 230p to 173p, while its hold recommendation is reiterated.Ashmore Group: Morgan Stanley raises target price from 395p to 444p and maintains an equal-weight rating.Ashtead Group: Jefferies increases target price from 615p to 690o and reiterates a buy recommendation.Aquarius Platinum: Investec starts with a target price of 45p and a hold recommendation.British American Tabacco: Nomura lowers target price from 4087p to 4012p, while its buy recommendation remains unchanged.Cello Group: Sanlam Securities initiates with a target price of 75p and a buy recommendation.Derwent London: Investec raises target price from 2275p to 2360p and maintains an add rating.Escher Group Holdings: Panmure Gordon takes target price from 410p to 456p and reiterates a buy recommendation.Falkland Islands Hodlings: WH Ireland cuts target price from 480p to 448p retaining a buy recommendation.Fresnillo: Deutsche Bank takes tatget price from 1260p to 1040p and still recommends selling.Fusion IP: HB Markets initiates with a speculative buy.Hargreaves Lansdown: Jefferies increases target price from 1000p to 1150p, while maintaining a buy recommendation.Hays: HSBC Holdings ups target price from 80p to 106p and leaves its neutral rating unaltered.Hikma Pharmaceuticals: Jefferies reduces target price from 1150p to 1040p keeping a buy recommendation. Panmure Gordon cuts target price from 1100p to 1000p, while its buy recommendation remains unchanged.Imperial Tabacco: Nomura cuts target price from 2443p to 2386p and reiterates a reduce rating.Interbulk Group: Westhouse Securities shifts target price from 11p to 10p and keeps a buy recommendation.InterContinental Hotels Group: Barclays downgrades to equal-weight with a target price of 2085p.JD Sports Fashion: Investec increases target price from 830p to 860p staying with its buy recommendation.Legal & General Group: Investec raises target price from 153p to 193p keeping a hold recommendation.Man Group: Canaccord Genuity raises target price to 120p and upgrades from hold to buy.Michael Page: Jefferies cuts target price from 520p to 500p and retains a buy recommendation. JP Morgan reduces target price from 389p to 370p maintaining a neutral rating. Citigroup lowers target price from 440p to 400p, while leaving its neutral rating unchanged. Credit Suisse moves target price from 400p to 360p and stays with an underperform rating. HSBC Holdings takes target price from 450p to 414p and downgrades to neutral.Moneysupermarket.com: Westhouse Securities moves target price from 195p to 210p and upgrades from neutral to add.Randgold Resources: Deutsche Bank cuts target price from 6030p to 5500p, while maintaining a buy recommendation.Rio Tinto: Deutsche Bank reduces target price from 4521p to 4489p keeping a buy recommendation.Sepura: Investec shifts target price from113p to 115p and leaves its buy recommendation unchanged.Smiths News: N+1 Singer moves target price from 164p to 185p, but downgrades to hold.Speedy Hire: Panmure Gordon shifts target price from 56p to 60p maintaining a buy recommendation.Vodafone Group: Deutsche Bank shifts target price from 173p to 180p and maintains a hold recommendation. HSBC Holdings ups target price from 205p to 230p reiterating an overweight rating.
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25 Nov 2013 07:59

AIM IN BRIEF: UBC Media Confirms Agreement To Acquire 7digital

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4 Oct 2013 11:42

DIRECTOR DEALINGS: Falkland Islands Director's Holding Shares Reduced As His Children Turn 18

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24 Sep 2013 12:42

DIRECTOR DEALINGS: Falkland Island Holdings Non-Executive Director Buys shares

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20 Aug 2013 08:26

Tuesday broker round-up UPDATE

AMEC: Liberum Capital cuts target price from 1135p to 1120p and reiterates a hold recommendation. BAE Systems: Investec increases target price from 370p to 450p upgrading from hold to add. Bovis Homes Group: Deutsche Bank shifts target price from 900p to 901p and keeps a buy recommendation. Citi r

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10 Jun 2013 10:35

Ice Age Art helps drive revenue rise at Falkland Islands

Group revenue rose 4.4 per cent to 35.6m pounds at AIM-listed international services group Falkland Islands in the year ended March 31st, underpinned in part by strong activity in the group's art-focussed business division. In its final results for the year, the group - which owns essential service

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17 Apr 2013 10:32

STOCKS NEWS EUROPE-UK small caps off 0.2 pct at mid-session

UK small caps fall 0.2 percent, faring slightly better than their mid-cap and blue-chip counterparts, both off 0.5 percent. Shares in JD Sport Fashion fall 4.3 percent as the British retailer post a 20 percent fall in full-year profit, hit by operating losses from its Blacks Leisure acquis

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17 Apr 2013 10:23

Falkland Islands Holdings to report fall in annual profits

Falkland Islands Holdings, a British conglomerate which owns logistics, warehouses and retail outlets on the islands, expects to report a fall in annual profits. The company anticipates pre-tax profit of £3.0m for the year to March 31st 2013, compared to £3.2m a year earlier. The group said tradin

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10 Dec 2012 16:25

Chamberlin Chairman invests 75k

Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%

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6 Dec 2012 14:07

Falkland Islands Holdings rises on oil hopes

Falkland Islands Holdings has risen despite producing uninspiring interims, with both revenues and profits virtually flat year-on-year. For the six months ended September 30th revenues were virtually unchanged at £16.5m, with pre-tax profits marginally up at £1.08m (2011: £0.99m). Divisionally, F

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6 Jul 2012 15:59

ReThink Group CFO buys 1.4m shares

Steve Wright, the Chief Financial Officer of ReThink Group, has purchased more than 1.4m shares in the recruitment and technology services firm. Wright purchased the shares at 7.00p each and for a total of £100,000. The company's share price has fallen over 25% in the last year, equal to 2.62p.

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14 Jun 2012 13:13

Falkland Islands Holdings raises funds

Falkland Islands Holdings, the AIM quoted international services group, has raised eight million pounds following a subscription for shares by Blackfish Capital, an investment fund. In addition, the company is making an open offer under which the company's existing shareholder can buy one open offe

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6 Jun 2012 12:56

Profits rise at Falkland Islands but growth expected to slow

Falkland Islands, an international services group, offset news of a rise in both revenue and profits with warnings of a slowdown in growth. Underlying pre-tax profits for the year rose 18.7% from £2.73m to £3.24m, slightly higher than expectations of £3.0m, despite higher financing costs this tim

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4 Apr 2012 08:50

Falkland Islands Holdings on a high

Shares in Falkland Islands Holdings were up on Wednesday after the firm said trading for the year was ahead of market expectations. The AIM-traded group which, amongst other things, operates a ferry service across the mouth of Portsmouth harbour, expects its total dividend payment to be at least 10

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13 Jan 2012 10:04

Falkland Oil slides after discounted placing

Falkland Oil and Gas (FOGL), one of the firms hoping to discover substantial oil resources around the Falkland Islands, saw its share price sink after placing shares at a steep discount. The company has raised £48.5m through the placing of 112.8m shares at 43p per share, more than 7p below the mid-

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