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Wednesday broker round-up UPDATE

Wed, 02nd Oct 2013 08:02

Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold.Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating.Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation.Barclays: Societe Generale shifts target price from 325p to 320p and upgrades to buy.Cairn Energy: Nomura cuts target price from 400p to 370p, while leaving its buy recommendation unchanged.Care Tech: Canaccord Genuity increases target price from 185p to 275p and maintains its buy recommendation.Domino's Pizza: Canaccord Genuity reduces target price from 500p to 480p and reiterates its sell recommendation.Dragon Oil: Nomura lowers target price from 800p to 750p, while its buy recommendation is kept.Enterprise Inns: Deutsche Bank raises target price from 190p to 205p maintaining a buy recommendation.Faroe Petroleum: Nomura cuts target price from 210p to 190p and maintains a buy recommendation.Fresnillo: Citi reduces target price from 1020p to 911p downgrading to sell.Glencore Xstrata: Alphavalue reduces target price from 352.20p to 309.50p and downgrades from add to reduce.Hays: Bank of America takes target price from 115p to 135p and retains a buy recommendation.Innovation Group: Panmure Gordon shifts target price from 38p to 41p maintaining a buy recommendation.Northbridge Industrial Services: Westhouse Securities raises target price from 455p to 511p and stays with its buy recommendation.Northern Petroleum: Goldman Sachs cuts target price from 105p to 69p and downgrades from a strong buy recommendation to neutral.Ophir Energy: Nomura reduces target price from 650p to 430p and downgrades from buy to neutral.Polyus Gold International: Citi cuts target price from 224p to 200p and downgrades to neutral.Premier Oil: Nomura takes target price from 550p to 450p, while staying with its by recommendation.Prudential: Credit Suisse increases target price from 1300p to 1450p and reiterates its outperform rating.Randgold Resources: Citi reduces target price from 4733p to 4226p and downgrades to sell.Rolls-Royce Group: Alphavalue moves target price from 1010p to 1049.30p and upgrades from sell to reduce.Schroders: Numis downgrades to hold.SOCO International: Nomura cuts target price from 425p to 400p keeping a neutral rating.SSE: Societe Generale lowers target price from 1385p to 1370p reiterating a sell recommendation.Tullow Oil: Nomura reduces target price from 1220p to 1130p, while staying with a neutral rating.Wolseley: Jefferies ups target price from 2510p to 2540p and keeps an underperform rating. Credit Suisse reduces target price from 3700p to 3500p and reiterates a neutral rating.
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9 May 2013 16:07

Melrose director increases stake after positive update

A round-up of the biggest director deals today so far Miles Templeman, Senior Non-Executive Director of Melrose Industries, the FTSE 100 industrial conglomerate, has added £152,400-worth of shares to his stake in the company one day after it reported revenue was one per cent ahead in the year-to-da

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23 Apr 2013 16:26

Wessex Exploration directors keep the faith

Three directors at Wessex Exploration have demonstrated their support for the oil and gas group after it said no hydrocarbons were found at the GM-ES-3 well in French Guiana. Drilling activities have been terminated and the well is being plugged and abandoned, the firm said. The biggest purchase

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12 Apr 2013 07:25

Friday broker round-up UPDATE

Aggreko: Panmure Gordon raises target price fro, 1727p to 2106p and upgrades from hold to buy. Alternative Networks: Westhouse Securities moves target price from 280p to 295p and reiterates a neutral rating. Investec raises target price from 330p to 350p maintaining a buy recommendation. Finncap in

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11 Apr 2013 07:21

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank reduces target price from 594p to 586p keeping a buy recommendation. Investec cuts target price from 438p to 411p, while its buy recommendation remains unchanged. Associated British Foods: Societe Generale increases target price from 1820p to 1900p, while downgrading

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3 Feb 2013 18:43

Sunday share tips: ARM Holdings, Northbridge, GB Group

Everyone calm down. That seems to be the message from analysts who follow Britain's greatest tech success story, ARM Holdings. When you consider that over the last three months of 2012 alone an estimated 219m smartphones were sold, and that ARM powers about 90% of the market, the 1% and 3% royalties

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27 Jan 2012 10:33

Northbridge may take loss on underperforming rental assets

Northbridge Industrial Services, the industrial services and rental company, is to make an impairment charge after realising that some of its rental assets are not being used as much as was expected. The company says the generators, transformers and ancillary equipment it bought to supply the Jaba

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29 Sep 2011 15:58

Northbridge share holders unimpressed by strong results

Northbridge Industrial Services, which hires and sells specialist industrial equipment, saw its share price drop despite posting strong half year to date results. Indeed, the group is so confident in its progress that it is now actively seeking possible acquisitions. Eric Hook, chief executive

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12 May 2011 06:54

Thursday tips round-up: Prudential, Northbridge, FirstGroup

It's not often a company says it wants to slow down a booming business but that's what Prudential said about its US Jackson Life operation yesterday. Prudential remains a great long-run investment in Asia's economic and demographic strengths but for those with a shorter horizon the US may prove some

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30 Mar 2011 17:09

Northbridge seeing growth in most sectors

Northbridge Industrial Services has got off to a good start to 2011 with the recent acquisition, Tasman Oil Tools, performing well. Consolidated group revenue in 2010 surged to £19.3m from £12.7m the year before while pre-tax profits jumped to £3.7m from £2.2m. Tasman contributed £3.7m to sales. T

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29 Sep 2010 13:47

Small caps round-up: Andrews Sykes, Northbridge, Sceptre...

Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n

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30 Jul 2010 11:34

Northbridge Ind Serv Completion Of Acquisition

TIDMNBI RNS Number : 2077Q Northbridge Industrial Services PLC 30 July 2010 ? 30 July 2010 NORTHBRIDGE INDUSTRIAL SERVICES PLC ("NORTHBRIDGE", THE "COMPANY" OR THE "GROUP") Completion of Acquisition Further to the announcement

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30 Jun 2010 16:00

UK SMALLCAP ROUNDUP: Resaca Exploration Shelves Share Sale

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RESACA EXPLOITATION INC. (RSOX.LN), an oil and gas company, said Wednesday it postponed a planned share issue due to market conditions. Resaca planne

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30 Jun 2010 12:30

UK SMALLCAP ROUNDUP: HMV Strategy On Track Amid Record Sales

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HMV GROUP PLC (HMV.LN) Wednesday said its strategy of diversifying its business away from CDs and DVDs remains on track, although the CD market didn't de

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30 Jun 2010 09:30

UK SMALLCAP ROUNDUP: Scott Wilson Bidder URS Gets Deadline

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SCOTT WILSON GROUP PLC (SWG.LN), a U.K. engineering consultant, Wednesday said its board will give its recommendation to shareholders on the company's bi

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30 Jun 2010 07:27

Northbridge Industrial Raises GBP7M For Tasman Oil Tools Buy

LONDON (Dow Jones)--Industrial services and rental company Northbridge Industrial Services PLC (NBI.LN) Wednesday said it has conditionally raised GBP7 million to help fund the acquisition of Perth-based rental equipment firm Tasman Oil Tools Pty. Ltd. for A$16.9 million. Chief Executive Eric Ho

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