Capita: Shore Capital Markets upgrades to hold.
Aggreko lost steam on Tuesday after posting full-year results in line with expectations, as it reported a drop in pre-tax profit on the back of weakness in the power solutions utility business.
Aggreko gave a timeline to the appointment of its new chief financial officer on Tuesday, confirming that Heath Drewett would take up the role on 3 January.
E, the gas and electricity supplier, has been being forced to pay £260,000 into the regulator's charity fund for failing to ensure its sales agents were transparent or passed sufficient background checks.
Reckitt Benckiser: JPMorgan upgrades to Overweight with a target price of 7500p
Aggreko shares tanked on Tuesday as investors focused on disappointing order intake and weakness in Argentina in the temporary power provider's third-quarter results.
ZPG: RBC Capital initiates at Outperform with a target price of 410p.
Things are falling into place for Aggreko, according to Jefferies, whose analysts nearly doubled their target price on the stock.
Ultra Electronics: JPMorgan downgrades to Neutral with a target price of 1785p.
Aggreko announced the appointment of Heath Drewett as its chief financial officer on Monday, following the announcement on 6 June that Carole Cran had tendered her resignation in order to become CFO of Forth Ports.
Hummingbird Resources announced on Wednesday that Aggreko has fully commissioned the 7.4 MW diesel power facility on site to provide power to the process plant at its Yanfolila Gold Mine in Mali.
Aggreko: Berenberg downgrades to Sell with a target price of 770p.
Temporary power provider Aggreko was under the cosh on Monday after Berenberg downgraded the stock to 'sell' from 'hold' and cut the price target to 770p from 800p saying the latest re-rating was unjustified.
Aggreko's group revenue rose 16% in its first half to £792m pre-exceptional items, the company said on Wednesday, although excluding pass-through fuel and currency fluctuations, it was in line with the same time last year.
FTSE 250 temporary power provider Aggreko has agreed to buy energy storage company Younicos for £40m.
Temporary power provider Aggreko has acquired Indonesia-based power rental company KBT (Kerta Bumni Teknindo), for up to $32.8 m.
Temporary power specialist Aggreko announced on Tuesday that, after 13 years with the FTSE 250 business - three of which as chief financial officer - Carole Cran had tendered her resignation to enable her to take up a new role as CFO of Forth Ports, an infrastructure funds-owned company headquartered in Scotland.
The head of Aggreko's Power Solutions unit is standing down with immediate effect and by mutual consent with the company.
Casting its critical eye over the larger UK business services groups, Morgan Stanley advised clients avoid Aggreko, Berendsen, Adecco and Capita, recommending investors own DCC, AA, Experian and Rentokil instead.
Casting its critical eye over the larger UK business services groups, Morgan Stanley said Aggreko, Berendsen and Capita, instead recommending investors own DCC, AA, Experian and Rentokil.