Srt Marine Sys. Share News (SRT)

Monday broker round-up UPDATE

Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.

Software Radio Technology Shares Drop As It Forecast Production Upped, Acquires GeoVS

Software Radio Technology posts rise in annual profits

Software Radio Technology's (SRT) annual profits soared as revenues rose on the back of demand for automatic identification systems (AIS) in the maritime market. The developer and provider of maritime identification and tracking technologies posted a pre-tax profit of £1.2m for the year ended Marc

Friday broker round-up UPDATE

Aberdeen Asset Management: Jefferies moves target price from 400p to 420p keeping a hold recommendation. Aggreko: Investec reduces target price from 2065p to 1900p downgrading from buy to add. APR Energy: Investec takes target price from 650p to 900p retaining a hold recommendation. ARM Holdings:

London open: Markets nervous ahead of US jobs data

Markets declined on Friday morning, despite relative strength in the mining sector, as traders refrained from building positions ahead of the key risk event of the day - the US employment report. The market reaction to the non-farm payrolls figure will be interesting to see, given the somewhat disa

Software Radio Tech to beat market forecasts after strong year

Shares in Software Radio Technology (SRT) surged on Friday morning after the company revealed that results for the year to March 31st will be ahead of market expectations. The AIM-listed developer of advanced radio communications technologies said that revenues would be up 60% year-on-year at £10m,

Software Radio Technology partners up with Johnson Outdoor

Software Radio Technology (SRT) announced Tuesday that it has entered into an agreement with US company Johnson Outdoors to deliver automatic identification system products. The developer of maritime identification and tracking technologies will supply the products which will be marketed and sold u

Software Radio Technology wins frame order

Software Radio Technology (SRT), a developer and provider of maritime identification and tracking technologies and products, cheered investors with the news it has frame orders worth more than seven million dollars from an existing North America-based customer. Approximately $2.6m of the orders wi

Thursday broker round-up UPDATE

Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta: Citigroup shifts target price from 990p to 1000p, but retains its sell recommendation. Ashtead Group: Investec raises target price from 475p to 700

Software Radio Technology receives order from India

Software Radio Technology, a developer and provider of maritime identification and tracking technologies and products, has received an order for 500 Identifiers from its Indian customer, which are set to be delivered before the end of April this year. The Identifiers are a customised version of SR

Monday broker round-up - UPDATE

Amino Technologies: Northland Capital takes price target from 75p to 80p reiterating a buy recommendation. Anglo American: Deutsche Bank shifts target price from 2230p to 2200p and retains a buy recommendation. Anite: Panmure Gordon increases target price from 165p to 170p and maintains a buy rati

Software Radio Technology dispatches identifiers to Central America

Software Radio Technology (SRT) has dispatched a shipment of marine tracking identifiers to Central America as part of an effort to ramp up security in the country. The final batch of identifiers, worth $1.8m of the $3.7m order received in June, has been sent to an undisclosed customer. The tec

SRT hails unexpected order

Software Radio Technology (SRT) said it had received an order worth 280,000 dollars for its recently launched AtoN product, which is used in marine electronic tracking. The firm said it expected to delivered the products to the customer within the current financial year. The products will be dep

Sector movers: Tech stocks fall as H-P takes massive charge

Tech stocks were the worst performers on Tuesday afternoon, falling in sympathy with US peer Hewlett-Packard which revealed a massive impairment charge in its quarterly results. H-P shares tanked Stateside after the opening bell today after was forced to take a $8.8bn impairment charge to write dow

Tuesday broker round-up UPDATE

Beowulf Mining: Seymour Pierce initiates coverage with a buy recommendation and a target price of 18p. Berkeley Group: JP Morgan raises target price from 1616p to 1620p, overweight rating kept. Blinkx: Citigroup downgrades from buy to neutral. Compass Group: Investec raises target price from 740p