Aston Martin surges as Mercedes-Benz set to lift stake to 20%
28th Oct 2020 08:14
(Sharecast News) - Shares of Aston Martin Lagonda surged on Wednesday after Mercedes-Benz said it would be lifting its stake in the company to 20% over the next few years.
Read moreFriday broker round-up
25th Sep 2020 13:54
(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 450.0p.
Read moreJP Morgan stays at 'neutral' on Aston Martin, waiting on incoming CEO's plans
25th Sep 2020 13:34
(Sharecast News) - Analysts at JP Morgan now expect the Aston Martin to burn cash at a faster rate and continue to see uncertainties regarding medium-term funding but kept their recommendation at 'hold' until the incoming chief executive officer lays out his plans to address the situation.
Read moreFTSE 250 movers: Avon Rubber and Computacenter at record-highs
9th Sep 2020 15:50
(Sharecast News) - London's second-tier index was edging higher in late afternoon trading with investor sentiment buoyed in the background by a bounce on Wall Street as the beaten down Nasdaq-100 technology gauge bounced off of a key short-term technical support level.
Read moreAston Martin no longer at risk of near-term liquidity crisis, S&P says
6th Aug 2020 15:58
(Sharecast News) - Analysts at Standard Poor's raised their rating on Aston Martin's long-term debt, telling clients the company was no longer vulnerable to a "liquidity crisis" over the next six to 12 months.
Read moreUK car production tumbles in June, rounding out worst six months for sector since 1954
30th Jul 2020 09:31
(Sharecast News) - Car production tumbled across the UK in the first half of the year after the sector cut more than 11,000 jobs in the wake of the Covid-19 pandemic.
Read moreAston Martin losses widen on weak sales but signs of China recovery
29th Jul 2020 07:42
(Sharecast News) - Losses at luxury carmaker Aston Martin widened in the first half as Covid-related factory closures hit already-struggling sales, although there were signs of a recovery in China during June.
Read moreFriday broker round-up
3rd Jul 2020 13:15
(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.
Read moreAston Martin raises £152m to get through Covid-19 crisis
26th Jun 2020 07:04
(Sharecast News) - Aston Martin Lagonda has raised £152m from equity investors to get through the Covid-19 crisis and a period of destocking by dealers.
Read moreAston Martin to axe 500 jobs as Covid-19 hammers sales
4th Jun 2020 07:05
(Sharecast News) - Luxury car marker Aston Martin said it was axing 500 workers as it cut back production after the coronavirus pandemic led to a sales slump.
Read moreAston Martin confirms exit of CEO Palmer
26th May 2020 07:02
(Sharecast News) - Luxury car maker Aston Martin confirmed the departure of chief executive Andy Palmer and his replacement by Mercedes-AMG boss Tobias Moers.
Read moreAston Martin pulls guidance as Q1 losses widen
13th May 2020 07:55
(Sharecast News) - Luxury car maker Aston Martin pulled its guidance on Wednesday as it posted a widening of its losses in the first quarter due to the coronavirus outbreak.
Read moreAston Martin shares slide after Peel Hunt downgrade
12th May 2020 10:56
(Sharecast News) - Aston Martin Lagonda slid as Peel Hunt downgraded its rating on shares of the luxury car maker to 'reduce' from 'hold' ahead of its first-quarter results on Wednesday.
Read moreAston Martin to reopen Welsh plant after Covid-19 shutdown
23rd Apr 2020 10:34
(Sharecast News) - Aston Martin Lagonda is to reopen its manufacturing plant in St Athan, south Wales, the luxury car maker said on Thursday.
Read moreAston Martin boss focuses on SUV, factory reopening
20th Apr 2020 08:55
(Sharecast News) - Aston Martin shares soared on Monday as the luxury carmaker completed a cash raising and new boss Lawrence Stroll issued a bullish message on getting its new sports utility into production.
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