Aggreko shares fall on Deutsche Bank downgrade
30th Jan 2017 08:56
(ShareCast News) - Aggreko's shares fell on Monday after Deutsche Bank cut its recommendation on the stock to 'hold' from 'buy' and lowered the target price to 1,000p from 1,050p. The supplier of temporary power generation equipment is expected to see trading profit return to growth in 2018 after a
Read moreArgentina extends fixed and standby contracts with Aggreko
16th Jan 2017 07:22
(ShareCast News) - Power generation equipment supplier Aggreko confirmed on Monday that the Government of Argentina extended its fixed site contracts, equivalent to 174MW, until 31 December 2017. The FTSE 250 company confirmed the original contracts amounted to 180MW, and initially had various expir
Read moreAggreko wins Olympic Winter Games contract
4th Jan 2017 07:31
(ShareCast News) - Aggreko has been awarded a contract to be the official temporary electricity generation provider for the Olympic Winter Games PyeongChang 2018. The FTSE 250 company will provide power across 18 competition venues and the international broadcast centre. The value of the contract i
Read moreBroker tips: Sky, Sports Direct, Aggreko
15th Dec 2016 15:16
(ShareCast News) - UBS reiterated a 'buy' rating on Sky and raised the target price to 1,370p from 1,310p on Thursday after Rupert Murdoch proposed a deal to a full takeover of the broadcaster. Murdoch's Twenty-First Century Fox on Friday announced a preliminary deal to buy the rest of the shares in
Read moreAggreko powers ahead on Deutsche Bank upgrades
15th Dec 2016 08:58
(ShareCast News) - Aggreko got a boost on Thursday as Deutsche Bank upped its stance on the temporary power provider to 'buy' from 'hold' and lifted the price target to 1,000p from 780p noting the company is approaching the end of four years of negative earnings momentum. The bank estimated that bet
Read moreFriday broker round-up
18th Nov 2016 18:17
(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe
Read moreBroker tips: TUI, Aggreko, Boohoo
17th Nov 2016 15:13
(ShareCast News) - Morgan Stanley downgraded TUI to 'equalweight' as it expects the travel group's heavy investment programme will dilute cash flow and earnings per share. The rating on the Anglo-German tour operator was cut from a previous 'overweight' rating and its price target cut to 1,100p from
Read moreThursday broker round-up
17th Nov 2016 13:00
(ShareCast News) - Kingfisher: HSBC reiterates hold with a target price of 380p. Astrazeneca: Berenberg reiterates buy with a 55p target. Aggreko: Jefferies stays at hold with a 750p target. Easyjet: Barclays reiterates equal-weight rating with a 1000p target. Amec Foster Wheeler: UBS keeps at ne
Read moreJefferies upgrades Aggreko to 'hold', stays put on target price
17th Nov 2016 08:35
(ShareCast News) - Jefferies upgraded Aggreko from 'underperform' to 'hold' but maintained its price target of 750p. The broker cut its earnings per share estimate for 2017 to 60.15p from 66.71p and for 2018 from 72.47p to 66.27p. The 2017 forecast was 3-5% lower than the consensus. The third quart
Read moreRBC Capital cuts Aggreko target after Q3 update
16th Nov 2016 15:37
(ShareCast News) - RBC Capital Markets slashed its price target on Aggreko to 850p from 1,050p following the temporary power provider's third-quarter trading update on Wednesday, keeping its rating at 'sector perform'. The bank said it was downgrading its 2017 forecasts to reflect a weaker Argentina
Read moreAggreko sees FY profits in line at £225m
16th Nov 2016 07:29
(ShareCast News) - Portable power provider Aggreko said it expected 2016 full year results to be broadly in-line with current market expectations, with pre-exceptional profit before tax of around £225m Portable power provider Aggreko said it expected 2016 full year results to be broadly in-line with
Read moreMonday broker round-up
14th Nov 2016 10:38
(ShareCast News) - Dairy Crest: JP Morgan keeps at neutral with a target price of 600p. Tesco: HSBC upgrades to buy with a 260p target. Inmarsat: Jefferies stays at buy with a 1245p target. Aggreko: Barlcays reiterates overweight with a 1000p target. SSE: Goldman Sachs keeps at neutral with a 160
Read moreBroker tips: Aggreko, Hikma, Croda
4th Nov 2016 13:25
(ShareCast News) - Morgan Stanley upgraded power generator company Aggreko from 'underweight' to 'equal weight' and bumped up its target price from 850p to 900p, despite orders for diesel products falling. "We retain our concerns over long-term pressures on the International power Projects (IPP) bus
Read moreBroker tips: Aggreko, Homeserve
20th Oct 2016 16:01
(ShareCast News) - Homeserve rallied as Barclays upped the stock to 'overweight' from 'underweight' and boosted the price target by a whopping 170% to 695p after visiting the company's UK and US operations in the last couple of months. Following the visits, the bank has reassessed its long-standing
Read moreAggreko slides as Credit Suisse highlights competition risks
20th Oct 2016 08:50
(ShareCast News) - Aggreko slumped on Thursday as Credit Suisse downgraded its stance on the temporary power provider to 'underperform' from 'neutral' and slashed the price target to 740p from 1,065p amid increasing competition risks. The bank said the downgrade reflects material cuts to its medium-
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