NEW! Investment Companies Centre

American Express Platinum Cashback Card:

New Star Asset Management Group (NSAM)

Sector:

General Financial

Index:

FTSE Small Cap

Market Cap

£12.76m

Change Today

Price Down-2.00p ()

Share Price

4.75p

Broker snap: New Star outlook 'bad', HSBC says

Date: Friday 05 Sep 2008

LONDON (ShareCast) - HSBC has cut its target price on New Star Asset Management to 110p from 130p, following the fund manager’s interim results last week.

New Star reported a 16% fall in net revenue to £72.8m and said it did not expect conditions to improve in the immediate future.

The fund manager’s outlook was bad, HSBC said.

It keeps its ‘neutral’ recommendation on the stock.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NSAM Market Data

Currency UK Pounds
Share Price 4.75p Price Down
Change Today -2.00p
52 Week High 244.00
52 Week Low 4.70
Volume 610,138
Shares Issued 268.58m
Market Cap £12.76m
Beta 1.31
RiskGrade 1,174

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
98.50% above the market average98.50% above the market average98.50% above the market average98.50% above the market average98.50% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
99.71% below the market average99.71% below the market average99.71% below the market average99.71% below the market average99.71% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
100.00% above the market average100.00% above the market average100.00% above the market average100.00% above the market average100.00% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
91.87% above the market average91.87% above the market average91.87% above the market average91.87% above the market average91.87% above the market average
91.35% above the sector average91.35% above the sector average91.35% above the sector average91.35% above the sector average91.35% above the sector average
Price Chg 6m
99.25% below the market average99.25% below the market average99.25% below the market average99.25% below the market average99.25% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
P/E
99.20% above the market average99.20% above the market average99.20% above the market average99.20% above the market average99.20% above the market average
98.54% above the sector average98.54% above the sector average98.54% above the sector average98.54% above the sector average98.54% above the sector average
PEG
97.87% above the market average97.87% above the market average97.87% above the market average97.87% above the market average97.87% above the market average
90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average
Dividend Yield
97.54% above the market average97.54% above the market average97.54% above the market average97.54% above the market average97.54% above the market average
95.60% above the sector average95.60% above the sector average95.60% above the sector average95.60% above the sector average95.60% above the sector average
EPS Growth
62.29% above the market average62.29% above the market average62.29% above the market average62.29% above the market average62.29% above the market average
67.27% above the sector average67.27% above the sector average67.27% above the sector average67.27% above the sector average67.27% above the sector average
Operating Margin
53.61% above the market average53.61% above the market average53.61% above the market average53.61% above the market average53.61% above the market average
40.59% above the sector average40.59% above the sector average40.59% above the sector average40.59% above the sector average40.59% above the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 3
Sell 0
Strong Sell 3
Total 8
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NSAM Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Sep-08 02-Apr-08
Paid 28-Oct-08 22-May-08
Amount 1.00p 1.00p

Trades for 03-Dec-2008

Time Volume / Share Price
16:45 16,000 @ 4.75p
16:29 35,000 @ 5.00p
16:25 5,000 @ 4.85p
15:22 427 @ 4.80p
15:21 3,573 @ 4.80p

NSAM Key Personnel

CEO Howard Covington

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).