Sunday newspaper round-up: Budget, Sainsbury's, Virgin Media, Reuters
13th Mar 2016 15:18
(ShareCast News) - George Osborne look to grab as much as £20bn to fill shortfalls in his Budget this Wednesday, making deep cuts in public spending, an increased insurance premium tax and other new or increased duties and taxes, while also looking to cut taxes for North Sea oil producers. The Sunda
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreBroker tips: Focusrite, WS Atkins, Just Eat
23rd Feb 2016 13:29
(ShareCast News) - Inspired by watching a documentary about helmet-wearing French electronic music duo Daft Punk, Panmure Gordon analyst George O'Connor issued a 'buy' recommendation on music technology group Focusrite. Panmure's price target for the AIM-listed company, whose ticker code is TUNE, w
Read moreRBC upgrades WS Atkins on medium-term outlook
23rd Feb 2016 10:10
(ShareCast News) - RBC Capital Markets has upgraded WS Atkins from 'sector perform' to 'outperform' on its medium-term outlook, but reduced its target price from 1,550p to 1,400p. In a note released on Tuesday, the investment bank said current trading is mixed for the FTSE 250 design, engineering an
Read moreMonday broker round-up
15th Feb 2016 18:27
(ShareCast News) - Hargreaves Lansdown: Shore Capital upgrades to buy. Antofagasta: Peel Hunt Limited downgrades to hold with a target price of 425p. Atkins: Citigroup upgrades to neutral with a target of 1160p, from 1120p. Hays: HSBC upgrades to buy with a 155p target. IAG: Bank of America upgra
Read moreFTSE 250 movers: Fidessa and pub companies lead rise
15th Feb 2016 13:04
(ShareCast News) - UK midcaps were chasing their blue chip brethren higher on Monday as bargain hunters regained confidence. By late afternoon the FTSE 250 was 1.9% higher at 15,725.05. Enterprise Inns frothed higher after investors took courage from chairman Robert Walker shelling out just over £50
Read moreSunday newspaper round-up: Bank funding, North Sea oil tax, HSBC, Anglo
14th Feb 2016 17:39
(ShareCast News) - The European Central Bank and its London counterpart have held talks after the Bank of England raised the alarm over the potential threat of a funding crisis in the banking sector. Three senior London bankers have told the Sunday Times that their normal efforts to raise money from
Read moreAtkins remains stable despite some trading headwinds
10th Feb 2016 07:41
(ShareCast News) - WS Atkins continued to trade in line with expectations in the three months from 1 October 2015, the company's fiscal third quarter, despite difficulties in some markets. According to a trading update issued on Wednesday, the FTSE 100 design, engineering and project management cons
Read moreAtkins acquires nuclear waste experts PP&T for $318m
17th Nov 2015 08:20
(ShareCast News) - WS Atkins has agreed to acquire the nuclear waste and decommissioning specialist PP&T for $318m (£206m) cash. PP&T, hitherto the projects, products and technology segment of US-based, private-equity owned parent EnergySolutions, is a significant player in the global market for nuc
Read moreWS Atkins interim profit and revenue rise as UK, Europe improve
12th Nov 2015 09:05
(ShareCast News) - WS Atkins posted a jump in first half pre-tax profit as revenue increased thanks in part to an improvement in the UK and Europe. For the six months to the end of September, pre-tax profit rose 38% to £53.8m on revenue of £904.6m, up 8.8% from the same period last year. The design
Read moreOutlook positive for WS Atkins at half year mark
24th Sep 2015 07:26
(ShareCast News) - WS Atkins said the outlook for the full year looks positive. The design, engineering and project management consultancy group released a trading statement on Thursday ahead of the end of the first half of its financial year. It said overall first half performance is expected to b
Read moreWS Atkins says first quarter trading on track
29th Jul 2015 11:56
(ShareCast News) - Design and management consultancy WS Atkins said it was on track in a first quarter trading update on Wednesday. Shares in the company were up slightly in morning trading rising 0.85% to 1551p at 1107 BST. The company, which restructured its UK business at the start of the year,
Read moreFTSE 250 movers: Spire lifted by Remgro stake purchase, WS Atkins hit by downgrade
22nd Jun 2015 13:31
Mid-caps staged a recovery on Monday, as insurance, financial services and travel stocks put in a strong performance and investors kept their fingers crossed for a short term funding deal in Greece. As of 3:00 BST, the FTSE 250 was trading 1% higher at 17,883. Hospital operator Spire Healthcare jum
Read moreWS Atkins cut to 'hold' by Canaccord on valuation
11th Jun 2015 13:05
Canaccord Genuity has cut its rating on WS Atkins to 'hold' from 'buy' on valuation grounds. It noted that the shares have reached its unchanged price target of 1,500p and are now valued at 9.2x embedded value/earnings before interest, tax, depreciation and amortisation and 10.6x EV/EBITDA. Comment
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