(ShareCast News) - Shares in Intertek have rocketed since their flotation in 2002 despite which they remain relatively unknown to most investors. Nonetheless, while growth prospects for the testing, inspecting and certification outfit are still good, the shares are best avoided, The Times´s Tempu
(ShareCast News) - HSBC: Berenberg reiterates buy with a target price of 600p. Intertek: Numis maintains reduce with a 3100p target. Barclays: Citigroup reiterates buy with a 135p target. IAG: HSBC stays at reduce with a 325p target. Anglo American: UBS keeps at sell with a target price of 740p.
(ShareCast News) - UBS reiterated a 'sell' rating on Anglo American but lifted its target price to 740p from 540p after the miner reported a first half loss. The company last week reported a net loss of $813m for the first half of 2016, compared with a $3 bbn loss for the same period last year. The
(ShareCast News) - Societe Generale downgraded Intertek to 'sell' from 'hold' on valuation grounds. The bank said the strengths of Intertek's model and the strategy deployed by the new chief executive are more than offset by negative 12-month total shareholder return after an increase of around 50%
(ShareCast News) - Intertek reported a jump in first-half profit as revenue grew strongly and said the UK's decision to leave the European Union was unlikely to affect the company's growth opportunities. Pre-tax profit in the first half rose to £172.5m from £149.8m on revenue of £1.20bn, up from £1.
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield