Tueday broker round-up
11th Sep 2018 12:51
(Sharecast News) - JD Wetherspoons: Berenberg upgrades to buy with a target price of 1,450p.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read moreAB Foods maintains full-year guidance; sees FY Primark sales up 5.5%
10th Sep 2018 07:09
(Sharecast News) - Associated British Foods reiterated its outlook for the year on Monday as it said a strong performance from Primark, grocery, agriculture and its ingredients business should more than offset the impact of lower EU sugar prices, but warned it would take a £20m hit from the stronger pound.
Read moreThursday broker round-up
30th Aug 2018 13:50
(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p
Read moreSector movers: US-Mexico trade talks boost miners, steel companies
28th Aug 2018 17:18
(Sharecast News) - News that the US and Mexico had agreed to make modifications to the North American Free Trade Agreement appeared to boost investor sentiment on Tuesday, with shares of miners and steel outfits deriving the greatest benefit, amid hopes that it might herald progress in talks with other trading partners.
Read moreTuesday broker round-up
28th Aug 2018 13:05
(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreLondon close: FTSE mixed as Unilever flies after rebuffed Kraft Heinz bid
17th Feb 2017 17:15
(ShareCast News) - London stocks closed mixed after a Friday session that saw blue-chip consumer goods giant Unilever fly higher after it slapped away a $143bn offer from Kraft Heinz, which has indicated it will return to the table. The rebuffed offer -- $50 a share in a mix of cash and shares -- wa
Read moreMorgan Stanley upgrades AB Foods to 'overweight'
13th Feb 2017 08:46
(ShareCast News) - Morgan Stanley has upgraded Associated British Foods to 'overweight' from 'equalweight' and lifted the price target to 2,800p from 2,650p. Although the bank has not materially changed its valuation for Primark, of about £15bn, it has increased its valuation for the sugar busines
Read moreMonday broker round-up
13th Feb 2017 08:26
(ShareCast News) - Berkeley Group: Barclays reiterates Equal Weight with a target price of 3175p. Flybe Group: HSBC reiterates Buy with a target price of 55p. Esure Group: Berenberg maintains Sell with a target price of 193p. Berendsen: Citigroup reiterates Neutral with a target price of 930p. Sm
Read moreFriday broker round-up
13th Jan 2017 09:27
(ShareCast News) - Tesco: Goldman Sachs reiterates Sell on target price of 150p. Ladbrokes Coral: Barclays starts coverage with Overweight (previously Rating Suspended) on target price of 160p. Premier Oil: Barclays upgrades to Equal Weight on target price of 100p. Randgold Resources: Berenberg up
Read moreSector movers: Miners rise on Chinese lending data, US dollar weakness
12th Jan 2017 15:00
(ShareCast News) - Mining stocks were again in favour on Thursday as metals´ prices continued to gain in overnight trading on the heels of stronger than expected lending data for Asia´s largest economy and positive newsflow on specific commodities. Continued selling in the US dollar after the Presid
Read moreAB Foods reports bumper Christmas but Primark disappoints
12th Jan 2017 07:19
(ShareCast News) - Primark owner Associated British Foods reported group revenue from continuing operations 10% ahead of the same period last year at constant currency, though flat like-for-like sales at Primark disappointed investors. In a trading update covering the 16 weeks to 7 January, the FTSE
Read moreMonday broker round-up
9th Jan 2017 17:00
(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. Booker: HSBC stays at buy with a 220p target. Anglo American: Barclays reiterates overweight with a 350p target. ICAP: HSBC upgrades to buy with a 52
Read moreFTSE 100 movers: Persimmon update lifts builders, JP Morgan dents insurers
5th Jan 2017 14:40
(ShareCast News) - Housebuilding shares led the FTSE 100 higher for the second day, with Persimmon head of the pack as it issued a bullish year-end update. Ahead of full year results due on 27 February, Persimmon said revenues for calendar 2016 were 8% ahead of the previous year, as sales growth for
Read moreSector movers: Retailers hard hit by woes at Next
4th Jan 2017 15:43
(ShareCast News) - Fashion retailers' shares got whacked after Next posted lower-than-expected sales for the period over Christmas and warned that further weakness may lie ahead. Group sales from the start of November until Christmas Eve shrank 0.4%, as a 3.5% decline in shop sales was largely of
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