Friday broker round-up
3rd Feb 2017 09:56
(ShareCast News) - Northgate: Barclays reiterates Neutral with a target price of 600p. Royal Dutch Shell A: Barclays reiterates Overweight with a target price of 2800p Royal Dutch Shell B: Barclays reiterates Overweight with a target price of 2800p. A.G BARR: Berenberg reiterates Hold with a targe
Read moreSector movers: Cyclicals bounce back, Evraz in the lead
1st Feb 2017 15:46
(ShareCast News) - There was a clear split in the market on Wednesday as cyclicals bounced back and the more defensive segments of the market were relegated to the bottom of the pile. Thus, shares in Prudential and Aviva were to be seen pacing gains among life insurers as yields on benchmark 10-year
Read moreAviva to develop digital insurance company with Hillhouse, Tencent
20th Jan 2017 08:56
(ShareCast News) - FTSE 100 insurer Aviva has agreed to develop an insurance company in Hong Kong focusing on digital insurance with Hillhouse Capital and Tencent Holdings. As part of the agreement, Hillhouse and Tencent will buy shares in Aviva Hong Kong. Following completion of the transaction, Av
Read moreAviva's Europe boss McMillan leaves as Briggs promoted to UK insurance chief
19th Jan 2017 10:07
(ShareCast News) - Aviva's European boss David McMillan has stepped down as the insurer reshuffled various director roles, with life chief Andy Briggs promoted to chief executive of a merged UK insurance business. UK life insurance chief Andy Briggs, who joined the board in April 2015 following the
Read moreSector movers: Miners boosted by yuan strength
5th Jan 2017 15:35
(ShareCast News) - Miners and oil related companies were leading the pack north after China's currency rose for a second day, boosting prices for most commodities. As of 0720 GMT the onshore yuan was trading at 6.8120 against the US dollar and was up by 0.80% against the greenback, its best level si
Read moreThursday broker round-up
5th Jan 2017 12:38
(ShareCast News) - Royal Dutch Shell B: UBS reiterates buy with a target price of 2500p. Aviva: JP Morgan reiterates overweight, 553p target. B&M European: HSBC reiterates buy with a 350p target. Breedon: Berenberg reiterates buy with a 85p target. Cobham: JP Morgan keeps at neutral with a 175p t
Read moreWednesday broker round-up
7th Dec 2016 13:36
(ShareCast News) - BHP Billition: HSBC reiterates hold with a target price of 1200p. Bunzl: Goldman Sachs reiterates neutral, 2200p target. Bellway: JP Morgan reiterates overweight with a 2950p target. Aviva: RBC reiterates outperform with a 500p target. IG: Barclays stays at overweight with a 95
Read moreUK asset managers breath sigh of relief after 'benign' FCA probe
18th Nov 2016 07:46
(ShareCast News) - The financial watchdog is planning a tougher clampdown on UK asset management companies as it feels the sector has enjoyed big profits for many year by not competing very hard on prices and fees, though analysts said the industry will breathe a sigh of relief at the lack of bite f
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 moreUK govt plans to cut down on motorist whiplash claims
17th Nov 2016 11:24
(ShareCast News) - The UK government said it was looking at banning insurance claims for whiplash that could save motorists £40 a year on their premiums. Proposals from the Ministry of Justice (MoJ) released on Thursday would make payouts much harder to obtain. The department said insurers had pledg
Read moreSector movers: Stocks rattled by US political uncertainty
4th Nov 2016 15:37
(ShareCast News) - Political uncertainty was the main driver behind share price movements on either side of the Atlantic at the weekend. Stateside, a tracking poll from Real Clear Politics showed the Democratic party presidential hopeful holding on to a slim 1.7 percentage poll lead over her main ri
Read moreFCA hits Aviva with £8.2m fine for outsourcing failures
5th Oct 2016 10:10
(ShareCast News) - Aviva has been fined £8.25m by the UK financial regulator for failures around its arrangements to protect client assets outsourced to other providers. The Financial Conduct Authority said it penalised Aviva's UK pension trustees and fund wrapper arms for insufficient controls over
Read moreFTSE 100 movers: ITV, Legal&General lead declines
3rd Oct 2016 17:15
(ShareCast News) - ITV shares were at the bottom of the pile after analysts at Barclays lowered their target price on the stock from 200.0 to 190.0p. Fashion retailers were also weak, tracking the 1.04% drop in the pound against the US dollar after the Prime Minister committed herself at the weekend
Read moreBroker tips: Aviva, European airlines, Weir Group
7th Sep 2016 10:44
(ShareCast News) - UBS upgraded Aviva to 'buy' from 'neutral' on Wednesday and raised its target price to 505p from 395p, saying the insurance firm is positioned to deliver a "sector leading" dividend. Aviva is likely to offer a risk-adjusted dividend as Solvency II (S2) legislation is set to drive
Read moreWednesday broker round-up
7th Sep 2016 10:31
(ShareCast News) - Centrica: Goldman Sachs downgrades to sell with a target price of 213p. Ashmore: Barclays maintains underweight with a 270p target. Aviva: UBS upgrades to buy with a 505p target. Polymetal: Berenberg reiterates buy with a 1200p target. SSE: Goldman Sachs keeps at neutral with a
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