Broker Roundup: Tesco, BSkyB, Glencore, British Land, Fenner, ZincOx Resources ... - Proactive Investors UK
Tue, 19 Jul 2011 14:38In a note to clients, Truman repeated an 'overweight' rating which targets 577p a share, suggesting that Tesco shares could rise around 44 percent from its current price of 396p.Crucially the analyst does not believe that the market leading supermarket ...
Smart Investor: how Tesco remains a stock for all seasons - Citywire.co.uk
Tue, 19 Jul 2011 23:10It is to these areas that Tesco will likely turn to for future growth, although it does naturally argue that it will continue to grow its UK core business. With a current share price of £4.03 and net assets per share of £2.07, this means that £1.96 of ...
Asda fights back against rivals in 'tough' grocery market - The Independent
Tue, 19 Jul 2011 23:51This comes at a time when Asda's low-price message should be resonating with consumers. Evolution Securities has described trading conditions in the grocery sector as the "worst" for three decades. Asda's market share slipped again, from 17.5 per cent ...
Traders take a punt on betting businesses - Telegraph.co.uk
Tue, 19 Jul 2011 18:18The broker cut its earnings estimate for this year by £47m and cut its dividend-per-share estimate to 14.5p from 15.6p. But, analysts retained their “hold” rating on Sainsbury's and “buy” stance on Tesco, although they shaved £53m off its trading ...
Land Securities sees strength in London and South from large retail firms - This is Money
Wed, 20 Jul 2011 09:08'The company's share price has had a good run over the past year and the prospective dividend yield now stands at around 3.5 per cent. At the moment British Land remains our preferred play for new investors seeking exposure to the sector. ...