BP, Astra, NMC, Lloyds among Barclays' European top picks

19th Nov 2018 08:52

(Sharecast News) - Although poor investor sentiment, "idiosyncratic risks" including Brexit, Italian and German politics, ECB and European parliamentary elections next year have weighed on European stock, Barclays expects to see some of the losses to be recouped into the year end, with 19 selected as "top picks".

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Sector movers: Building materials in the red, but 'offers opportunities'

18th Oct 2018 13:15

(Sharecast News) - Construction & materials was one of the main weights on the main London stock indices on Thursday.

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Tueday broker round-up

11th Sep 2018 12:51

(Sharecast News) - JD Wetherspoons: Berenberg upgrades to buy with a target price of 1,450p.

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Ashtead bumps up buyback after strong first quarter

11th Sep 2018 07:09

(Sharecast News) - Ashtead will increase and extend its share buyback plans as the equipment rental group expects full year results to beat current expectations after a strong first quarter.

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Tuesday preview: Employment figures, Ashtead and Cairn in the spotlight

10th Sep 2018 14:18

(Sharecast News) - In the run-up to Thursday's Bank of England decision on interest rates the spotlight on Tuesday will be on the latest employment data in the UK.

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Director dealings: Ian Sutcliffe lowers stake in Ashtead

13th Aug 2018 16:15

(Sharecast News) - Ian Sutcliffe, a senior independent non-executive director at rental company Ashtead, disposed of 24,500 ordinary shares in the firm on Monday.

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UK equities look overbought, says Credit Suisse

6th Aug 2018 13:46

(Sharecast News) - Since April, UK equities have outperformed euro area stocks by around 3% and global stocks by around 1%, but with oil prices felt to have peaked and shares looking "overbought", Credit Suisse strategists have downgraded their stance.

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Broker tips: Acacia Mining, Hunting, Ashtead

15th Feb 2017 16:45

(ShareCast News) - Gold miner Acacia Mining had its share price target lifted in a bullish note from Jefferies on Wednesday morning. Jefferies reiterated its 'buy' rating and status as the investment bank's top pick in the sector, and lifted its target price to 575p from 550p as the once-chronic und

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Ashtead boosted as BofA Merrill highlights attractive growth

15th Feb 2017 09:43

(ShareCast News) - Ashtead got a boost on Wednesday as Bank of America Merrill Lynch upped its price target on the stock to 2,000p from 1,620p and reiterated its 'buy' rating. The bank said Ashtead remains an attractive long-term investment opportunity, offering around 20% earnings per share compoun

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Tuesday broker round-up

31st Jan 2017 08:55

(ShareCast News) - Whitbread: HSBC reiterates Buy with a target price of 4800p Ashmore Group: Goldman Sachs reiterates Buy with a target price of 370p. Vodafone: JPMorgan reiterates Overweight with a target price of 193p. Ferrexpo: JPMorgan upgrades to Overweight with a target price of 205p. Virg

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Deutsche Bank upgrades Ashtead to 'hold' from 'sell'

17th Jan 2017 09:19

(ShareCast News) - Ashtead was given a boost on Tuesday after Deutsche Bank upgraded its rating on the equipment rental company to 'hold' from 'sell' at an unchanged target price of 1,600p. Deutsche Bank said its fears about the impact of macro-economic challenges have tempered following recent stro

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Ashtead aims high as UK and US grow fast in first half

6th Dec 2016 07:04

(ShareCast News) - As growth at Ashtead Group's UK and US divisions has been at the faster end of its expectations, with a further boost from the pound's collapse, the plant hire group said it now expects full year results will exceed its original targets. Including the effects of the weak pound, gr

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Ashtead advances as analysts foresee upgrades from 'lucky' quarter

30th Nov 2016 13:15

(ShareCast News) - RBC Capital Markets hoisted its price target for Ashtead Group ahead of the plant hire outfit's second quarter results next week. As the quarter has historically been Ashtead's strongest, with six years of consecutive upgrades following the release of this statement, RBC reckoned

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Ashtead buys Hewden assets for £29m as Manchester-based firm goes into administration

22nd Nov 2016 12:12

(ShareCast News) - Ashtead has bought some of fellow equipment rental company Hewden's assets and the brand name from its administrators, EY, for £29m. The assets - which were purchased by Ashtead's UK business, A-Plant - include Hewden's powered access and power generation fleet, five 'on site' dep

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Ashtead assures on trading while sterling continues to assist

13th Oct 2016 09:16

(ShareCast News) - Equipment rental group Ashtead confirmed both its US and UK businesses remained on course to meet full year expectations. In a short trading statement ahead of an analyst and investor seminar on Thursday, the FTSE 250 company said "both divisions have continued to perform well in

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