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FTSE 250 movers: Auto Trader Group surges on broker intitiation, energy stocks lower

Fri, 03rd Jul 2015 13:35

Mid-caps edged lower on Friday, with weakness in the oil, mining and telecommunications sectors providing a drag on the market.As of 15:15 BST, the FTSE 250 was trading 0.4% lower at 17,595. Auto Trader Group led the risers as Exane BNP Paribas initiated coverage with an 'outperform' rating, citing structural growth opportunities."Autotrader compares favourably with domestic and international classified peers, particularly, based on conversations with peers and dealers, in terms of competitive positioning," the broker said.Greene King extended Thursday's gains, which followed favourable sentiment from Citigroup. Citi reiterated its buy recommendation and said: "Greene King's acquisition of Spirit is entirely keeping with its long-term strategy and plays to positive sector themes."Grainger and Foxtons Group were both on the up, tracking a sector-wide lift in real estate as also seen in the FTSE 100.Oil and energy stocks including Tullow Oil, Premier Oil, Hunting and Ophir Energy were trading in the red as commodity prices mostly tumbled.Serco reversed Thursday's gains, which came as Numis upgraded its rating on the stock to 'hold' from 'reduce', following a strong first-half trading update on Wednesday.RisersAuto Trader Group (AUTO) 319.90p +4.44%IMI (IMI) 1,173.00p +2.00%Clarkson (CKN) 2,800.00p +1.82%Evraz (EVR) 115.80p +1.67%Keller Group (KLR) 1,085.00p +1.50%Workspace Group (WKP) 913.00p +1.39%Grainger (GRI) 225.60p +1.35%Greene King (GNK) 870.00p +1.16%B&M European Value Retail S.A. (DI) (BME) 350.20p +1.01%Rightmove (RMV) 3,289.00p +0.95%FallersHunting (HTG) 539.50p -5.68%Tullow Oil (TLW) 334.20p -4.51%AO World (AO.) 133.20p -3.76%Premier Oil (PMO) 144.10p -3.74%Brown (N.) Group (BWNG) 342.30p -3.36%Just Retirement Group (JRG) 171.60p -3.32%Fidelity China Special Situations (FCSS) 147.00p -3.29%Ophir Energy (OPHR) 110.30p -3.08%Paragon Group Of Companies (PAG) 410.10p -2.36%Just Eat (JE.) 393.00p -2.36%
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15 Mar 2016 11:37

BUZZ-UK Budget: Liberum latest to warn of interest tax change

** Liberum latest broker to warn a possible change in the way UK allows cos to claim tax breaks could hit highly-levered stocks ** Government looking to cap tax breaks from interest payments on debt at 10-30 pct of EBITDA. Link: http://bit.ly/1MgJSoO ** Liberum screens for stocks with

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14 Mar 2016 11:43

Greene King Vows To Take On 10,000 Apprentices By 2019

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17 Feb 2016 08:51

London leisure spend lagging provinces, says Coffer Peach Tracker

(ShareCast News) - Trading at the UK's largest restaurant food-led pub chains saw an encouraging uplift last month, despite London falling behind its provincial cousins and casual dining outperforming pubs and bars in 'dry January'. Like-like-sales for January for the 31 companies monitored in the C

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12 Feb 2016 15:35

Greene King's newest director buys in to company

(ShareCast News) - Greene King's newest director has put his money behind the company he'll chair later this year. Philip Yea joined the board last Tuesday, ahead of the retirement of chairman Tim Bridge who is due to step down in May when Yea will take up the role. Yea bought his first stake in th

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12 Feb 2016 11:57

DIRECTOR DEALINGS: Incoming Greene King Chairman Buys First Shares

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11 Feb 2016 09:37

BROKER RATINGS SUMMARY: Panmure Gordon Raises DCC To Buy After Update

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10 Feb 2016 16:22

Wednesday broker round-up

(ShareCast News) - Virgin Money: Nomura starts coverage at buy with a target of 445p. Domino's Pizza: Credit Suisse upgrades to outperform with a target price of 1100p. BBA Aviation: Goldman Sachs downgrades to neutral with 181p target. Greencore: Societe Generale reiterates hold with a 386p targe

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10 Feb 2016 11:53

IN THE KNOW: Analysts Call Greene King's Update "Reassuring"

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10 Feb 2016 07:52

Greene King's third quarter sales boosted by festive season

(ShareCast News) - Greene King has posted a strong third quarter book, boosted by strong Christmas sales. The FTSE 250 pub operator and brewer said on Wednesday that for the 40 weeks to 7 February 2016, Greene King Retail like-for-like sales were up 2.2%, with a 5% increase in sales over the two Chr

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10 Feb 2016 07:50

Greene King Sales Up In 40 Weeks With Record Trading On Christmas Day

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9 Feb 2016 07:50

Northgate Appoints Former Spirit Pub CFO As Finance Director

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5 Feb 2016 09:30

BROKER RATINGS SUMMARY: Barclays Cuts Enterprise Inns To Underweight

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3 Feb 2016 16:05

Earnings, Trading Statements Calendar - Week Ahead

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2 Feb 2016 08:12

Bridge steps down after 45 years with Greene King

(ShareCast News) - Greene King was losing its leading man on Tuesday, with the announcement that - after 45 years at the company, and 10 at the helm - Tim Bridge was stepping down as chairman. The FTSE 250 pub and brewing firm's board said Philip Yea would join the board on Tuesday as a non-executiv

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2 Feb 2016 07:55

Greene King Chairman Tim Bridge Retires, To Be Replaced By Philip Yea

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