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Friday broker round-up UPDATE

Fri, 13th Jun 2014 09:23

African Minerals: Deutsche Bank reduces target price from 316p to 249p maintaining a buy recommendation.Atkins: Numis ups target price from 1650p to 1700p and keeps a buy recommendation. JP Morgan reduces target price from 1619p to 1548p and reiterates its overweight rating.Ferrexpo: Deutsche Bank cuts target price from 350p to 319p, while leaving its buy recommendation unchanged.Glencore Xstrata: Deutsche Bank lowers target price from 415p to 411p and retains a buy recommendation.HSBC Holdings: JP Morgan cuts target price from 700p to 675p and reiterates a neutral rating.National Grid: Deutsche Bank raises target price from 660p to 725p, but still recommends selling.Petra Diamonds: RBC Capital ups target price from 180p to 200p retaining an outperform rating.Premier Farnell: Deutsche Bank shifts target price from 240p to 245p and keeps a buy recommendation.PZ Cussons: JP Morgan cuts target price from 370p to 350p and maintains a neutral rating.Rio Tinto: Deutsche Bank reduces target price from 4690p to 4580p staying with its buy recommendation.Sepura: Westhouse Securities moves target price from 160p to 170p and keeps a buy recommendation.Servern Trent: Deutsche Bank increases target price from 2000p to 2150p and maintains a buy recommendation.Spectris: Morgan Stanley initiates with a target price of 2680p and an overweight rating.Standard Chartered: JP Morgan cuts target price from 1500p to 1450p keeping its neutral rating.Tower Resources: Northland Capital places its hold recommendation under review.United Utilities: Deutsche Bank ups target price from 900p to 980p and reiterates its buy recommendation.Vesuvius: Numis upgrades from hold to add with a target price of 515p.
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28 Jul 2015 17:00

1pm acquires MH Holdings for £12m

(ShareCast News) - Finance firm 1pm has acquired MH Holdings for £12m and plans to raise £7.3m in a placing of shares to fund the deal. MH Holdings is a provider of equipment finance and an equipment and vehicles broker with an annualised turnover of £5.1m. It is the only trading company of which is

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(ShareCast News) - Finance firm 1pm announced a maiden dividend as it reported a 20% hike in pre-tax profits for the year. The AIM listed company, which lends money to SMEs, posted pre-tax up a fifth to £1.62m, from £1.35m the year before. Revenues were up 31% to £5.5m from £4.2m, off a record 49%

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1PM Pays Maiden Dividend After Fifth Consecutive Year Of Growth

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10 Jun 2015 12:24

1pm up nearly 18% after saying full-year profit and revenue will be ahead of expectations

Shares in the asset finance company 1pm jumped nearly 18% on Wednesday after the company said its full-year results will be ahead of market expectations. The group expects revenues and profits to be ahead of forecasts thanks to strong demand for finance from SMEs, and lower costs. It said its asset

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