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Press Room

Our trading desk provides regular market analysis and timely opinion for the leading national and international press.

 

City A.M. - Marks & Spencer profits drop by a fifth as Steve Rowe sets out plans to revive clothing business

25 May 2016

Alex Joyner, senior analyst at Galvan Research, said: As we expected, Steve Rowe has kitchen sinked M&S today. "He’s highlighted a long list of problems with its troubled clothing business and has pledged to turn things around. While his overhaul plans sound encouraging on the face of it, we think they’ll do little to reassure long-term M&S investors who’ve heard it all before. Marc Bolland made similar promises during his tenure, but still failed to breathe new life into the retailer, despite investing 2.3bn."

This Is Money - Barclays profits plunge 25% after tough trading at its investment banking arm

27 April 2016

Alex Joyner, senior analyst at Galvan Research, said: "With pre-tax profit coming in around 50m lower than expected and a drop in capital ratio it hasn’t been a great start to the year for Barclays. Tough trading conditions, bad loans and higher operating expenses have all weighed significantly on results."

invezz - Sainsbury’s share price: Grocer unveils sales growth ahead of Argos bid deadline

15 March 2016

“It looks like Sainsbury’s is beginning to outpace its other ‘big four’ rivals in the ongoing price war,” Alex Joyner, senior market analyst at Galvan Research, said, as quoted by City A.M. “Challenges remain for the grocer, but the first quarterly sales growth in over two years is a great sign and should help with its takeover approach for Home Retail.”

This Is Money - Rolls-Royce slashes its dividend for the first time in 24 years as engineer's profits slump

12 February 2016

Alex Joyner, senior analyst at Galvan Research, said: 'With 2016 guidance left unchanged, investors fearing yet another warning will be breathing a sigh of relief today. Both underlying pre-tax profit and free cash cash-flow, a key metric for Rolls, came in better than expected.'

Digital Look - Royal Mail delivers the goods over Christmas

21 January 2016

Analyst Alex Joyner at Galvan Research said: "Today’s figures should reassure investors that Moya Greene is starting to turn things around.". He added: "However, there’s plenty of work still to do and it looks like more cost-cutting will be necessary before we start to see a longer-term recovery in the share price."

This Is Money - Dixons Carphone beats forecasts with 23% jump in profits, with 'Black Friday' seeing its biggest-ever single day of trading

16 December 2015

Alex Joyner, Senior Analyst at Galvan Research, said: ’It’s been a great first-half for Dixons Carphone. The 23 per cent jump in pre-tax profit is better than expected, reflecting a solid performance both at home and on the continent in Norway, Greece and Spain.

The Telegraph - Rolls-Royce shares plunge 19pc on downgrade to profit forecasts

12 November 2015

Alex Joyner at Galvan research added: "Rolls-Royce’s last profit warning came on East’s second day in the job, so he probably wasn’t in a position to ‘kitchen-sink’ back then. It does seem likely that he will have tried to get the worst news out in the open today, rather than drip-feed gloomy data into next year.

LSE - Vodafone rejoices in first half return to European growth

10 November 2015

Analyst Alex Joyner at research house Galvan said with the return to organic growth in service revenue and EBITDA, it looked like Vodafone "may have turned a corner", and also highlighted the opportunities for M&A with the company's 4.2bn cash pile.

City A.M. - Tesco's share price falls: Troubled supermarket reveals profits down 55pc, scraps plans to sell Dunhumby

7 October 2015

Alex Joyner, senior analyst at Galvan Research said, “It remains to be seen if Tesco can do enough to lure savvy shoppers back from Aldi and Lidl.”

This Is Money - Morrisons to close 11 more supermarkets at a cost of 900 jobs as profits dive by 47%

10 September 2015

Alex Joyner, at Galvan Research, said: 'It hasn't been an easy start for David Potts. These are the troubled grocer's worst figures for nine years.

'A 5.1 per cent drop in sales shows that price matching will only take them so far, but we expected as much.'

This Is Money - Scorching summer weather boosts Kingfisher's sales at B&Q and Screwfix in the UK and Castorama in France

23 July 2015

Alex Joyner, analyst at Galvan Research, said: 'Kingfisher has delivered a solid set of results today, with better than expected growth from most areas of the business.

Yahoo Finance - Tesco warns sales still dropping

26 June 2015

Galvan Research said the figures show there's light at the end of the tunnel, as the fall is the smallest quarterly drop in more than a year. Analyst Alex Joyner said sales volumes are the key metric, and this lifted by 1.4%.

Digital Look - Vodafone returns to organic reveue growth but Project Spring disappoints

19 May 2015

Analyst Alex Joyner at Galvan said the Europe picture was improving and the small return to growth was “great news for investors”.

The Telegraph - Tesco reveals 6.4bn loss: as it happened

22 April 2015

Alex Joyner at Galvan Research: Things are worse than we thought for this fallen giant. The 6.38 billion loss is the worst in Tesco’s 97-year history and highlights the true magnitude of its problems. ‘Drastic Dave’ Lewis says the turnaround plans are working, but investors are hardly going to feel reassured this morning. The collapsing value of its property portfolio has hit the balance sheet harder than expected. Worryingly, the pension black hole has continued to grow and could hit future profitability. The price wars are fiercer than ever; Aldi and Lidl are cleaning up. It remains hard to see how Tesco can win back the market share it’s lost...

Yahoo Finance- Analysts hail Kingfisher's new strategic vision under Veronique Laury

31 March 2015

Alex Joyner at Galvan Research said the collapse of the Bricolage deal "still leaves a big hole in Europe" and Laury will "need to find new ways to generate growth on the continent".

Reuters - CORRECTED-UK's FTSE stages late rebound as traffic growth boosts IAG

4 March 2015

"The bull market trend is intact and buying on the dips continues," Ed Woolfitt, head of trading at Galvan, said.

Financial Times - Rolls-Royce warns on impact of oil price fall

13 February 2015

Alex Joyner, senior analyst at Galvan Research, said: “After its worst year in a decade, punctuated by multiple profit warnings, these figures will do little to reassure longterm investors.

Hargreaves Lansdown - Royal Mail pleases analysts with parcel volumes, but competition caution remains

22 January 2015

Galvan senior analyst Alex Joyner said the company "still took the lion's share", with 300m parcels being delivered across the country over Christmas.

This Is Money - Barratt set to build highest number of homes for 6 years as first-time buyer mortgage lending hits 7-month low

14 January 2015

Alex Joyner, senior analyst at Galvan Research said: 'A 17 per cent increase in forward sales is encouraging and following last week’s pull-back Barratt looks like a buy. It’s on a roll at the moment; the shares were up almost 30 per cent in 2014.

Yahoo Finance - Tesco to close stores and cut prices as turnaround plan unveiled, shares surge

8 January 2015

"Tesco may have staunched the bleeding from some of its wounds," said analyst Alex Joyner from Galvan Research.

City A.M - Royal Mail share price falls as profits drop after struggles with competition

19 November 2014

Alex Joyner, senior equity analyst at Galvan Research and Trading, said: The share price has consistently underperformed this year and trading conditions remain tough, particularly for the parcel business. The growth rate here has been halved in the wake of stiff competition from likes of TNT, DHL and now Amazon.

Daily Mail Online - Royal Mail shares take a hit as parcel profits are threatened by Amazon launching own delivery service

19 November 2014

Alex Joyner, senior analyst at Galvan Research, said: 'With just over a year since Royal Mail’s high-profile IPO [initial public offering], there have been a lot of changes already. Delivery operations have come under pressure both at home and in Europe.

Daily Mail Online - EasyJet boasts of record profits and strong customer loyalty as it steps up 'niceness' rivalry with Ryanair

18 November 2014

'EasyJet has really proved itself in what’s been a testing year for airlines,' said Alex Joyner, senior analyst at Galvan Research.

The Scotsman - Aggreko expands UK presence amid rising sales

14 November 2014

Alex Joyner at Galvan Research said the update included some “encouraging figures”, particularly the 15 per cent growth in The Americas.

Express - Vodafone switches on TV and broadband services

12 November 2014

Alex Joyner, senior equity analyst at Galvin Research, said: “It is a very defensive move. It is certainly unlikely to be a game changer for Vodafone.”

This Is Money - Vodafone set for UK broadband and TV launch as network upgrade starts to pay dividends

11 November 2014

Alex Joyner, senior analyst at Galvan Research, said: 'Life after Verizon hasn’t got any easier. Europe’s still a mess. There’ve been some bad performances, particularly in Spain and Italy. This is significant, because Europe represents 60 per cent of the total sales.

Hargreaves Lansdown - Analysts reassured by Vodafone's interim results

11 November 2014

Alex Joyner at Galvan Research was somewhat more bearish. "Life after Verizon hasn't got any easier. Europe's still a mess,"

Yahoo Finance - Marks and Spencer ups dividend as interim cash flow surges - UPDATE

5 November 2014

Moreover, Alex Joyner at Galvan Research, questioned Bolland's position after 2.3bn of investment in te business over the last four years.

Telecomfinance - Broker reiterates TUI Travel plc "buy" rating as merger with TUI AG offers strengthened balance sheet

3 July 2014

Galvan Research has reiterated its "buy" rating on TUI Travel plc ( LON:TT ), with a target price of 410p.

Ticker Report - Rolls-Royce Holding PLC Receives “Buy” Rating from Investec (RR)

23 June 2014

Rolls-Royce Holding PLC (LON:RR)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report released on Thursday. They currently have a GBX 1,225 ($20.85) price objective on the stock. Investec’s target price would indicate a potential upside of 12.90% from the stock’s previous close.

Mideast Times - Mondi Plc Stock Rating Reaffirmed by Galvan Research (MNDI)

28 April 2014

Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reaffirmed by investment analysts at Galvan Research in a note issued to investors on Thursday, ARN reports.

Sharecast - 'Buy' Whitbread ahead full-year results, says Galvan

8 April 2014

Costa, Premier Inn and restaurant owner Whitbread should be a ‘buy’ ahead of its full-year results, according to Galvan Research and Trading.

Hargreaves Lansdown - Galvan expects 'upsurge in business' at Hargreaves Lansdown

24 March 2014

"Hargreaves Lansdown investors have enjoyed a stellar share price performance over the last one to two years, as shares have trebled in value since April 2012," said Head of Trading, Ed Woolfitt.

Yahoo Finance - FTSE erases yearly loss as BHP rallies

18 February 2014

"We feel that despite the delay in the cash return it is going to be a good buying opportunity (as) fundamentals remain firm," said Ed Woolfitt, head of trading at Galvan.

City AM - Why ITV's new drama channel should excite investors

5 February 2014

It’s not just Downton Abbey fans who are excited by the news that ITV's launching its first pay-TV channel, dedicated to British drama. The head of trading at Galvan, Ed Woolfitt, has some advice for investors and telly-watchers alike: “switch over and buy ITV”.

Digital Look - Broker snap: Galvan rates ITV as 'buy' after launch of Encore channel

5th February 2014

Galvan Research and Trading has labelled television group ITV as a 'buy' on the back of the company's move into the pay-TV market with its new ITV Encore channel. ITV Encore, which will be shown exclusively on Sky's satellite and online platforms, is dedicated to British drama and initially will broadcast re-runs of shows previously transmitted on ITV's free-to-air channels.

WKRB - Standard Life Rating Reiterated by Barclays (SL)

4th February 2014

SL has been the subject of a number of other recent research reports. Analysts at Galvan Research reiterated a “buy” rating on shares of Standard Life in a research note to investors on Wednesday, January 29th.

American Banking News - Severn Trent Given “Buy” Rating at Galvan Research (SVT)

3rd February 2014

Severn Trent (LON:SVT)‘s stock had its “buy” rating restated by research analysts at Galvan Research in a report released on Monday, Analyst Ratings Network reports. They currently have a GBX 1,880 ($30.90) target price on the stock. Galvan Research’s price target points to a potential upside of 6.70% from the company’s current price.

Ticker Report - Aggreko plc Rating Reiterated by Galvan Research (AGK)

8th January 2014

Aggreko plc (LON:AGK)‘s stock had its “buy” rating restated by stock analysts at Galvan Research in a report issued on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 1,850 ($30.34) price target on the stock. Galvan Research’s price objective points to a potential upside of 6.32% from the company’s current price.

Broker snap: Kingfisher to re-test year's best levels, says Galvan

21 October 2013

"It seems surprising that in this day and age the weather can have such an influence on company profit margins, but this has been very much in evidence at Kingfisher over the first part of 2013," said Ed Woolfitt, Head of Trading at Galvan.

IFA - Broker snap: Galvan sees solid uptrend at National Grid

2 September 2013

Galvan Research has kept its positive stance on utilities group National Grid, saying it sees strong upside heading towards the end of 2013. ‘The July guidance from National Grid provided ample fundamental affirmation to underpin the positive message from the general share price uptrend,’ said Thomas Light, Senior Analyst at Galvan.

Citywire - 'Buy' Rolls-Royce, Galvan says

19 August 2013

Even though the shares have taken on almost 25% since the start of the year, Galvan's Thomas Light believes the technicals look positive: 'After coming up from under 900p at the start of the year, Rolls Royce shares have been consolidating within a 1,120p-1,240p range since May,' he said.

Express - Here come the fireworks

10 August 2013

Andrew Gibson, head of research at broker Galvan, said the usual pattern was for M&A activity to pick up following stock market gains. The FTSE 100 is up 11 per cent this year.

AOL - Facebook: It's a not a 'Dislike' button but close enough?

25 July 2013

"If they're going to be asking why you hide certain information, it's going to be so that they can focus more clearly on advertising," says Ed Woolfitt, head trader at analyst Galvan Research and Trading.

Watchlist News - Galvan Research Reiterates Buy Rating for British Land (BLND)

28 May 2013

British Land (LON: BLND)‘s stock had its “buy” rating restated by investment analysts at Galvan Research in a note issued to investors on Tuesday, Stock Ratings Network reports.

Mideast Times - Tate & Lyle’s Buy Rating Reaffirmed at Galvan Research (TATE)

20 May 2013

Tate & Lyle (LON: TATE)‘s stock had its “buy” rating reaffirmed by research analysts at Galvan Research in a report released on Monday, Analyst Ratings Network.com reports. They currently have a GBX 900 ($13.83) target price on the stock.

Investors Chronicle - BSkyB is compulsive viewing

9 May 2013

BSkyB's share price is rebounding decently from below the 860p level, says Andrew Gibson

Mideast Times - TESCO’s “Buy” Rating Reaffirmed at Galvan Research (TSCO)

9 May 2013

TESCO (LON: TSCO)'s stock had its "buy" rating reiterated by investment analysts at Galvan Research in a note issued to investors on Thursday

Daily Political - Rolls-Royce Group plc Given “Buy” Rating at Galvan Research (RYCEY)

10 April 2013

Rolls-Royce Group plc (NASDAQ: RYCEY)‘s stock had its “buy” rating reaffirmed by research analysts at Galvan Research in a report released on Wednesday, AnalystRatingsNetwork reports.

Digital Look - Broker snap: WPP is a 'low-risk growth play', says Galvan

2 April 2013

"In fact, Galvan Research views the advertising giant as a poster child for geographically diversified low risk growth and this along with a 2.9% like-for-like sales growth figure easily earns the group a 'buy' recommendation."

Hargreaves Lansdown - Broker tips: AstraZeneca, IMI, WPP

2 April 2013

Galvan Research and Trading has recommended to 'buy' shares of advertising and media group WPP, labelling the stock a "low-risk growth play".

Daily Political - Intercontinental Hotels Group Receives Buy Rating from Galvan Research (IHG)

1 April 2013

Galvan Research reiterated their buy rating on shares of Intercontinental Hotels Group (NYSE: IHG) in a research note issued to investors on Thursday. The firm currently has a $2,100.00 target price on the stock.

Mideast Times - Intercontinental Hotels Group Stock Rating Reaffirmed by Galvan Research (IHG)

29 March 2013

Intercontinental Hotels Group (NYSE: IHG)‘s stock had its “buy” rating reaffirmed by Galvan Research in a research note issued on Thursday. They currently have a $2,100.00 price target on the stock.

Scotsman - Cyprus rally dies after bank warning

26 March 2013

Standard Life edged down 0.5p to 366.7p even though Galvan Research marked the stock as a “buy” with a target price of 400p after the recent announcement of its special dividend and an “embarrassment of riches”.

Mideast Times - Smith & Nephew plc Declares Semiannual Dividend of $0.81 (SNN)

12 March 2013

Analysts at Galvan Research reiterated a “buy” rating on shares of Smith & Nephew plc in a research note to investors on Monday, February 25th.

Daily Mail - MARKET REPORT: Footsie dismisses downgrade of UK's AAA credit rating

25 February 2013

Over at Galvan Research and Trading, they reckon its worth buying into medical technology firm Smith & Nephew, even though perennial bid rumours have died down.

Hargreaves Lansdown - Broker tips: Aggreko, Unilever, G4S

17 December 2012

Clearly the fund manager believes that G4S has a dominant position and is big enough as a company to withstand and overcome such problems, a view that the Galvan Research team also concur with."

Yahoo Finance - Broker snap: Tullow's been oversold, says Galvan Research

11 December 2012

"Rather as in the case of drugs giants seeing their shares marked down 10% in the wake of a trial disappointment, the market tends to over react on the downside when oil explorers hit a bump in the road," said Galvan's head of research Andrew Gibson.

Hargreaves Lansdown - Sector movers: SSE sparks electricity stocks; GKN drags on autos

14 November 2012

The broker’s head of research, Andrew Gibson, said today :“Although the October 16th update hinted at a possible cooling in some of GKN's markets, the price action towards post summer resistance now fully factors in any fundamental deterioration.

The Independent - The Week Ahead: Perform set to put on a good show

29 October 2012

The defence and aerospace sector has been in focus recently, with BAE Systems' failed merger with EADS, vague speculation that Senior could be a takeover target and Carlyle's waning interest in Chemring. But on Friday it is Meggitt's turn to be in the spotlight. Analysts at Galvan Research regard the current lows of its shares as a "buy-the-dips opportunity" especially taking into account two summer contract wins and the reiteration of full-year guidance in August.

Sharecast - Broker snap: Reckitt's a 'buy' after third-quarter beat, says Galvan

29 October 2012

Gibson said: "The daily chart shows that Reckitt shares have been in a rising trend channel since this time last year, with the floor of the channel currently running through 3,600p.

Reuters - Earnings concerns weigh on shares

22 October 2012

Andrew Gibson, Head of Research at Galvan said the share represented a buying opportunity, citing technical factors.

Sharecast - Broker snap: Margins a concern at Carnival, says Galvan

5 September 2012

"Although Carnival shares and the firm's reputation have rebounded to some degree since the Costa Concordia disaster, the cruise operator has had to cut prices in order to maintain sales. Not only has this had a dramatic impact on profit margins, but with fuel prices continuing to rise there is a real risk the company could slip into a loss," said Galvan's head of research, Andrew Gibson.

Sharecast - Broker snap: Galvan labels Fresnillo as a 'buy'

22 August 2012

"Fresnillo's bumper production levels look to have been sufficient to ride out the post September decline in precious metals prices, placing the miner a strong position to take advantage of any central bank stimulus-based rebound," said Andrew Gibson, Galvan's head of research.

Sharecast - Broker snap: Weir has rebound potential, says Galvan

23 July 2012

"The underperformance from Weir Group's oil and gas division earlier in the year was taken literally by the markets as a signal to sell the stock, with the 25% profits gain for the previous year also ignored," said Galvan's head of research Andrew Gibson.

Sharecast - Broker tips: HSBC, Rio Tinto, Booker

18 July 2012

"HSBC has been forced to swallow a vey large slice of humble pie following the rather damning issues with money laundering," said Andrew Gibson, the head of research at Galvan.

Express - UK ECONOMY LOOKS SET TO BE THE BIG WINNER

14 July 2012

Andrew Gibson, head of research at broker Galvan, said: “The Olympic boost couldn’t have arrived at a better time in the stock market cycle, when pickings are slim and pricing pressure problems exist across many sectors.”

Sharecast - Sector movers: SABMiller lifts beverage stocks higher

27 June 2012

“SABMiller investors clearly have a stake in a group that is steadily evolving into an emerging markets play, despite the recent Foster's Australia acquisition. Even the UK market shows some growth potential with the SAB 'world beer' brands,” said head of research Andrew Gibson.

Reuters - STOCKS NEWS EUROPE-Petrofac helped by bullish Galvan comment

25 June 2012

"Recent weeks have seen Petrofac shares drift back into bargain territory, and now with the contract win in Mexico and potential long term benefits for the group, there could be significant upside for the shares from this point on. On this basis, the Galvan Research team rate the shares as a buy near December support," says Andrew Gibson, Head of Research at Galvan.

Reuters - STOCKS NEWS EUROPE-WM Morrison up; Galvan sees buying opportunity

30 May 2012

"Despite difficult conditions, Morrison's May update was in line with its expectations, and this coupled with the ongoing share buyback and the woes of sector leader Tesco suggests to the Galvan Research team that the shares represent a buying opportunity just off the current year lows," Andrew Gibson, Head of Research at Galvan says in a note.

Sharecast - Broker tips: Burberry, Sage, Sainsbury

13 April 2012

"Galvan Research regards Sainsbury as a buy, not only based on the outperformance seen in the past two quarters - especially in terms of like for like sales growth - but as the obvious sector alternative to troubled Tesco as the number one player struggles to maintain growth momentum," said Galvan's head of research, Andrew Gibson.

Daily Mail - MARKET REPORT: APR Energy fuse blows in delay debacle

21 March 2012

CFD broker Galvan Research is a fan of Sir Martin Sorrell’s advertising giant WPP, 7p up at 854.5p.

Sharecast - Broker tips: Tullow Oil, Misys, Copper miners

19 March 2012

"Ongoing good news and fresh oil discoveries in Africa just keep rolling in at Tullow Oil, while the solid gold fundamentals are backed by a near 500% rise in profits last year. On this basis, the Galvan Research team view the shares as a very strong buy opportunity, and we tip the stock to head for 52-week highs in the coming weeks," said head of research Andrew Gibson.

Sharecast - Broker snap: Sell Carnival into any rebound, says Galvan

23 January 2012

“Galvan Research regards Carnival shares as a sell into any initial rebound after the Concordia tragedy,” according to the broker’s head of research Andrew Gibson.

This is Money - INVESTMENT EXTRA'S HOW TO FIND CHEAP SHARES: Look for strong balance sheets

17 January 2012

City firm Galvan Research & Trading, meanwhile, believes the past few years have toughened up our blue-chip companies. They are financially strong and their management is resilient and far more wily for having been through the financial crisis. ‘It could very well be that much of the downside has already been explored,’ said head of research Andrew Gibson.

Broker snap: Rexam's a 'canny investment', says Galvan

24 November 2011

“The upside for Rexam should be the current position of the 200-day moving average at 360p,” said Galvan’s head of research Andrew Gibson.

Sharecast - Broker snap: Galvan reiterates buy on AMEC

11 November 2011

"In August AMEC shrugged off any uncertainties over the trading environment as it hiked the dividend payout and boosted expectations of an uplift during H2, helped by a recent acquisition," said Galvan's head of research Andrew Gibson.

Reuters - STOCKS NEWS EUROPE-ICAP falls; "momentum" sell for Galvan

2 November 2011

"Galvan Research currently views ICAP shares as a momentum sell in the wake of this week's price action gap to the downside and after the blow to sentiment and earnings forecasts in connection with the MF Global collapse," says Andrew Gibson, Head of Research at Galvan.

Sharecast - Broker tips: Capita, Premier Foods, Stagecoach

10 October 2011

“Outsourcing is designed to achieve efficiencies and is particularly suited to economic downturns, a factor well illustrated by the Capita forward bid pipeline,” said head of research Andrew Gibson.

Reuters - Weak oils, miners pull Britain's FTSE lower

21 September 2011

Shares in Fresnillo have bounced off the current level of the 50-day moving average at 1,839 pence and while above the intraday low of today at 1,910 pence, the upside indicates the bottom of the September gap down towards 2,100 pence as a near-term target," Gibson said, with Galvan repeating a "buy" stance on Fresnillo.

Digital Look - Premium tips: Charter, Essar Energy, JD Wetherspoon

9 September 2011

Sell Essar Energy, recommends Galvan Research, despite the India-focused energy company’s strong results for the first half of 2011. “Recent regulatory issues combined with a high level of net debt suggest that even close to 52 week lows, the shares have further to fall.” The target price is confirmed at 233p.

Scotsman - ARM Holdings

24 August 2011

"after the August pullback in the share price due to market turbulence". A survey from IHS in July suggested ARM's chip designs will be in nearly a quarter of all notebooks by 2015, head of research Andrew Gibson said.

Reuters - STOCKS NEWS EUROPE-BT Group up on positive broker comment

10 August 2011

"With a bear trap rebound from back below 160 pence this week, a return for BT shares to the pre-August resistance zone above 190 pence looks highly likely while 160 pence support remains in place," Gibson adds highlighting technical factors for the stock.

Reuters - STOCKS NEWS EUROPE-Weir hits record; Goldman raises target

26 July 2011

"While this remains the case, the upside here should be towards the late 2010 price channel top of 2,275 pence plus," Gibson says

Reuters - STOCKS NEWS EUROPE-Centrica higher after price rises

11 July 2011

"Rather than get mad at the price hikes, perhaps it is time for British Gas customers to get even and buy Centrica shares, which will no doubt benefit from the latest steep rises in gas and electricity prices," Andrew Gibson, Head of Research at Galvan Research and Trading, says.

Scotsman - One to watch: Swedish Match

23 June 2011

After last month's decision by private equity group 3i to raise its dividend, Andrew Gibson, head of research at Galvan, yesterday issued a "buy" rating. He said: "The hike in the 3i dividend is an important development as it signals a new level of confidence from management over prospects for the group."

Reuters - STOCKS NEWS EUROPE-Fresnillo up; technical factors support

21 June 2011

Galvan's head of research, Andrew Gibson, says Fresnillo shares have once again bounced off the 1,300 pence support zone, in place since the start of the year and so far tested successfully on four occasions.

Scotsman - One to watch: Avingtrans

1 June 2011

THE "dream scenario" for BAE Systems would see the engineering giant's share price "squeeze higher" if recent fears over government spending cuts have been overdone, according to Galvan. Head of research Andrew Gibson said: "With cost cutting completed, the stock should start to accelerate to the upside."

Reuters - STOCKS NEWS EUROPE-SABMiller up; Galvan adds to "buy" list

27 May 2011

In any event the gain in market share is more than enough to warrant adding SAB to the Galvan Research buy list," says Andrew Gibson, head of research at Galvan.

Reuters - FTSE ends flat as miners' recovery lends support

16 May 2011

"To (an) extent I think a lot of institutions or anyone overseeing funds will already now have factored (it) in and actually be looking on for more relevant or more fresh catalysts," Galvan's Woolfitt said.

Reuters - STOCKS NEWS EUROPE-Serco up; Galvan "buy", technicals help

18 April 2011

"Recent broker backing for Serco shows a surprisingly objective view of the company's prospects, as unlike many other reviews it shows that the impact of Government spending cuts on the outsourcing group is less severe than at first thought," says Andrew Gibson, head of research at Galvan.

Business scotsman - One to watch: Burberry

14 April 2011

THE "bearish technical picture" on Standard Life's shares marks the Edinburgh-based insurance and pensions giant as "a sell for the near term", Galvan Research said. Head of research Andrew Gibson added: "The market is clearly less than impressed with the overall fundamental returns from Standard Life."

Business scotsman - One to watch: API Group

8 March 2011

Andrew Gibson, head of research at Galvan, said that while Vedanta posted record profits in January, "uncertainty regarding the future of its 5 billion proposed takeover of Cairn India is likely to lead to further share price underperformance until the deal is completed one way or another".

Reuters - STOCKS NEWS EUROPE-Fresnillo shines; Galvan bullish

2 March 2011

"On a fundamental and technical level, currently Fresnillo is absolutely in the right place at the right time, and this view is once again borne out by the latest trading update where silver and gold record highs resulted in the best year in (the company's) history," says Andrew Gibson, head of research at Galvan.

Daily Mail - MARKET REPORT by GEOFF FOSTER: Coal of Africa is stoked by talks

28 February 2011

Aero engineer Rolls-Royce rose 5.00p to 617.00p on a Galvan Research recommendation. Recent 2010 results were better than expected and the group has since won a major 1.4billion Emirates support deal.

Reuters - STOCKS NEWS EUROPE-Inmarsat up as stock overhang cleared

8 February 2011

"The real icing on the cake comes from the exit of stakeholder Harbinger, an event that lifts any uncertainty in terms of selling pressure on the stock price," said Andrew Gibson, head of research at Galvan.

Reuters - Egypt unrest frays FTSE's nerves; oils calm

31 January 2011

"BG Group remains a dark horse among leading FTSE 100 oil & gas explorers even though the ongoing exploration developments in the massive Santos Basin should be uppermost on trader's radar," said Andrew Gibson, head of research at Galvan.

Wall Street Journal - UPDATE:JD Wetherspoon Says Below Cost Alcohol Sale Ban Ineffective

19 January 2011

"The statement today really does lay the foundations for a market re-rating, and shows the group have delivered generally solid sales growth against the backdrop of a harsh economy and adverse weather," Galvan head of trading, Ed Woolfitt said

Business Exchange - Galvan Early Snapshot - CARPHONE RINGING UP GREAT NUMBERS (385p) - IBTimes

18 January 2011

Ed Woolfitt, Head of Trading at Galvan Research comments on the Carphone Warehouse (CPW) trading update this morning

The Independent - Market Report: Regulation worries weigh on Vodafone

13 January 2011

Meanwhile Greggs ended the session 15.4p stronger at 465p as it announced a modest rise in its Christmas sales. The baker's revelation that it plans to open 80 new stores in 2011 led Ed Woolfitt from Galvan Research to say he "cannot see the shares as anything other than a solid buy for long-term growth".

Reuters - STOCKS NEWS EUROPE-Persimmon up as forecasts raised

10 January 2011

"Shares are a buy on any weakness down to the current level of the 20-day moving average at 420 pence," said Ed Woolfitt, head of trading at Galvan.

Wall Street Journal - U.K. Adverse Weather Claims More High Street Victims

6 January 2011

Ed Woolfitt, Head of Trading at Galvan Research, said Mothercare's decision to stop taking orders was a "selfless act," but he noted that the company has also in the past struggled to successfully trade through periods of adverse weather.

Express - Retailers nervous ahead of VAT rise

1 January 2011

Analysts at Galvan Research think luxury goods group Burberry will do well.

Express - Will the shine rub off gold in 2011?

31 December 2010

Galvan Research predicted the price could hit $1,650 in 2011 because of a weaker dollar, potential eurozone break-up and devaluation of paper currencies.

The Independent - ARM raised by talk of new Microsoft system

23 December 2010

"Everybody seems to be choosing them," said Andrew Gibson, the head of research at Galvan. "It was Apple, then Google and now Microsoft – they have got the big three."

Reuters - STOCKS NEWS EUROPE-Petrofac higher after bullish update

17 December 2010

"The statement today provides further reassurance of progress, and as (Petrofac's) Chief Exec Ayman Asfari says, even if the Petrofac doesn't move into the EPC phase of the South Yoloten project in Turkmenistan until 2011, the group still expects to close 2010 with record levels of year-end backlog," says Ed Woolfitt, head of trading at Galvan Research.

PRWeb - Possible Burberry Takeover Questioned

16 December 2010

According to Galvan, Luxury British clothing retailer Burberry is again the subject of take-over rumours, although American hand-bag maker Coach has been joined as a prospective buyer by a private equity group and an anonymous Asian investor, advises Ed Woolfitt, Head of Trading at Galvan Research.

Mail Online - Betfair woes persist after a dismal float

15 December 2010

Ed Woolfitt, an analyst with Galvan Research, said: 'This is a profit warning and the market is interpreting it as such. 'No one seems to have benefited from the IPO apart from the people selling the shares.'

The Independent - Investors check out bid talk on Burberry

9 December 2010

Clearly, the markets weren't as keen as Galvan Research's Ed Woolfitt, who said the bus and train company was "in pole position as the best listed UK transport play".

City AM - HMV Needs Uptick In Christmas Sales

9 December 2010

Galvan believes the combined growth story puts Stagecoach in pole position as the best listed UK transport play, and at 215p the shares are a solid buy for a return to year highs of 226p and beyond.

ADVFN - JJB Sports' Shares Plunge On Loan Breach Fear

2 December 2010

But Ed Woolfitt, Head of Trading at Galvan Research told clients: "Until a White Knight rides in to save the day and rescue the business, Galvan Research believes it is unlikely that the retailer will survive in its present form."

City AM - Christmas Cheer For Carphone Warehouse

2 December 2010

Analysts at Galvan Research say that with the first satellite successfully launched, the company will be viewed by analyst and the markets alike as a maturing satellite communications provider.

Reuters - ITV weak after update, broker downgrade

16 November 2010

Meanwhile, Ed Woolfitt, head of trading at Galvan Research says it is clear from the update that the strong recovery in TV advertising continues to drive ITV forward, but with the uncertain outlook, Galvan feels some caution would be well advised at this juncture.

The Independent - Soco rises as brokers say it is ripe for a takeover

11 November 2010

On Tuesday it had stormed ahead of the pack, but yesterday brokers had mixed feelings, with Evolution Securities keeping it as a "sell" as Galvan called it "a no brainer ongoing buy".

Reuters - Asian Citrus gain on update

8th November 2010

"The group offers an intriguing play on the health of the China economy and improving health standards among this almost unthinkably huge population," Galvan Research says in a note.

This is Money - Golden rules of investing in gold shares

18 October 2010

"While the current frenzy for gold has brought with it anecdotal evidence of panic buying..."

Mail Online - The golden rules of yellow metal

15 October 2010

"The more practical way of gaining exposure is via the mining sector and gold stocks within it..."

Reuters - Lean times point to M&A action for UK brokers

30 September 2010

"I can see that there will be consolidation for a number of reasons," said Andrew Gibson, head of research at Galvan, a contract-for-difference advisory firm in Truro Cornwall.

Reuters - Europe shares dip at end of best quarter in a year

30 September 2010

"The Dow's bounced straight off a top-trend that's happened since the start of September, so fundamentals (are) better than expected, technicals continue to be bullish," said Andrew Gibson, head of research at Galvan.

Proactive Investors - The week ahead

26 September 2010

The FTSE 100 has backed off 4-month highs above 5,600 after hints from the Federal Reserve that a new wave of quantitative easing will be required to stimulate the U.S. economy...

Reuters - Stocks News Europe - Bunzl up; technical factors support

24 September 2010

"The likelihood is that while above the 20-day moving average at 749 pence the upside for the stock will be as high as the 2010 intraday high of 784 pence," Andrew Gibson, head of research at Galvan, says.

Reuters - Stocks News Europe - Resolution weak on blue chip debut

21 September 2010

"The recent premium in the (Resolution) share price associated with FTSE 100 entry and the AXA acquisition are now well and truly factored in, and with no other positive drivers for now, we expect a period of share price consolidation," Andrew Gibson, head of research at Galvan, says.

TalkTalk - FTSE rallies as commodities stocks, banks lead

17 September 2010

"Investors are increasingly seeing Asia as the key driver of market sentiment," said Ed Woolfitt, head of trading at Galvan.

Reuters - Stocks News Europe - Cobham weak; Galvan "technical sell"

16 September 2010

"While below the 200-day moving average at 239 pence, we believe a retest of the early 220 pence September support zone is likely," says Andrew Gibson, head of research at Galvan

Reuters - Stocks News Europe - Next weak; Galvan "sell into strength"

10 August 2010

Galvan says Next shares enjoyed a strong bull run on the back of the good times for the retail sector but now they face headwinds as consumer confidence wains and the imminent rise in value added tax in Britain to 20 percent approaches.

Telegraph - Investec dives on shock 100m capital raising

4 August 2010

"In spite of the "on track" June trading update and subsequent contract wins the shares have failed to make further significant headway above 1,350 pence," says Andrew Gibson, head of research at Galvan.

Reuters - Stocks News Europe - Petrofac weak; technicals weigh

3 August 2010

...On this basis, Galvan believes Petrofac shares are high enough for now, offering a short term short sell opportunity until further fundamental drivers emerge.

Reuters - Stocks News Europe - ICAP up; technical view supports

27 July 2010

Andrew Gibson, head of research at Galvan maintains the view that the rise in revenues and profits coupled with the recent share price weakness is "as a good an opportunity as any to take a long position."

Reuters - Autonomy higher; technicals stand out

15 July 2010

Andrew Gibson, head of research at Galvan, says Autonomy shares have been in a rising trend channel since November, with the floor currently running level with the 50-day moving average at 1,818 pence.

Reuters - Builder Bovis resumes dividend

09 July 2010

"Make no mistake, this is a strong performance from Bovis in a difficult market where many of its competitors are struggling," said Ed Woolfitt at Galvan Research.

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