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.
Read more15th 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
Read more15th 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
Read more31st 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
Read more17th 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
Read more6th 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
Read more30th 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
Read more22nd 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
Read more13th 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
Read more7th Sep 2016 07:15
(ShareCast News) - Industrial equipment rental company Ashtead Group's revenue increased as it benefited from weak sterling in the first quarter, with management saying it expected full year results to be ahead of expectations. For the first quarter ended 31 July, total rental revenues grew 12% in g
Read more1st Sep 2016 18:52
(ShareCast News) - Virgin Money: Berenberg reiterates hold with a target price of 300p. Alumasc Group: Peel Hunt maintains buy with a 210p target. Morrisons: Goldman Sachs downgrades to sell with a 175p target. Diageo: HSBC reiterates hold with a 2350p target. Lavendon: Berenberg keeps at buy wit
Read more30th Aug 2016 22:07
(ShareCast News) - Cyclicals drove gains on the FTSE indices as trading resumed after the Bank holiday, although it was food producers which did best, with an upgrade out of RBC giving shares in Associated British Foods a boost. The broker upgraded its recommendation on stock in the owner of Primark
Read more22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
Read more21st Jul 2016 09:18
(ShareCast News) - Shares in Ashtead topped the FTSE 100 on Thursday morning as investors read across from the results of US-based sector peer United Rentals, which reported slightly improved quarterly results overnight. With Ashtead's US-focused Sunbelt providing the bulk of group sales, it was
Read more15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
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