Broker tips: CRH, Amec Foster Wheeler, BAE
26th Aug 2016 15:58
(ShareCast News) - Societe Generale downgraded its recommendation on building materials group CRH to 'hold' from 'buy' following the stock's outperformance. The bank said CRH's equity story is still attractive, but after the 31% year-to-date outperformance versus the broader market, the medium-term
Read moreBerenberg upgrades BAE Systems to 'buy'
26th Aug 2016 08:30
(ShareCast News) - Berenberg upgraded BAE Systems to 'buy' from 'hold' and lifted the price target to 580p from 520p. The bank said it expects a material order book uplift, an improving cash profile in 2017 - with potential upside to guidance - and a secure progressive dividend across its forecast.
Read moreFTSE 100 movers: house builders, miners sag as easyJet firms
19th Aug 2016 14:32
(ShareCast News) - London's FTSE 100 tiptoed lower as a string of house builders sagged amid lingering concerns about the UK real estate market, and several miners slumped alongside metals prices. House builders were led lower by Persimmon, Taylor Wimpey and Barratt Developments, investors exiting t
Read moreSunday newspaper round-up: Brexit in 2019, bank regulation, ITV, William Hill
14th Aug 2016 17:49
(ShareCast News) - Britain could remain in the EU until late 2019, almost a year later than predicted, ministers have privately warned senior figures in the City of London. Theresa May has been expected to enact article 50 in January, setting in train the formal two years of negotiations before Brex
Read moreSunday newspaper round-up: Interest rates, EU single market, IHG, Poundland
7th Aug 2016 15:33
(ShareCast News) - Savers face five more years of record-low returns, with investors betting that the Bank of England will not undo last week's interest rate cut before the end of the decade. City traders expect Bank governor Mark Carney to slash borrowing costs again before the end of the year, the
Read moreSector movers: Oil-related sectors retreat as Aerospace & Defence flies
28th Jul 2016 16:42
(ShareCast News) - FTSE indices were mixed heading towards the closing bell on Thursday, with the blue-chip index helped south by oil stocks undermined by crude's weakness and Royal Dutch Shell's second-quarter shocker. "An unsurprisingly indecisive session in Europe has seen the likes of the FTSE l
Read moreBAE sees no short term Brexit hit as interims rise
28th Jul 2016 07:43
(ShareCast News) - Weapons maker BAE Systems posted a first-half net profit of £418m against £398m a year ago as revenues rose to £8.7bn from £8.4bn. The company said the UK's decision to leave the European Union would lead to a period of uncertainty but did not anticipate any material near-term tra
Read moreTuesday newspaper share tips: British Land, BAE Systems
19th Jul 2016 12:53
(ShareCast News) - Nobody knew where the UK property market was heading, but the discount between where the shares of British Land were trading and the company's net asset value looked "too wide", The Times's Tempus said. Yes, the caution evident in the company's trading statement the day before was
Read moreSunday newspaper roundup: Lloyds, UK trade deals, BAE, SABMiller, Lonmin, Uber
17th Jul 2016 12:43
(ShareCast News) - The new government could accelerate the re-privatisation of Lloyds Banking Group and scrap George Osborne's plan for a sale to retail investors, senior financiers believe. While Mr Osborne wanted to make a profit on every share in the bank, only selling when the price stood at abo
Read moreGoldman Sachs adds BAE Systems to Conviction List
4th Jul 2016 09:23
(ShareCast News) - Goldman Sachs added buy-rated BAE Systems to its Conviction List, saying the defence outlook was improving and the company should enter a phase of 4%-6% per annum organic revenue growth from 2017. "We believe BAE's product portfolio offers an attractive mix of long-term stability,
Read moreMonday broker round-up
4th Jul 2016 08:05
(ShareCast News) - Auto Trader: Barclays stays at equal-weight with a target price of 340p. Dignity: Berenberg reiterates buy with a 2825p target. Dixons Carphone: HSBC keeps at buy with a target price of 400p. Mitchels & Butlers: JP Morgan downgrades to neutral with a target of 240p. Diageo: Ber
Read moreBroker tips: BAE Systems, IAG, Debenhams
23rd Jun 2016 15:19
(ShareCast News) - Analysts at Berenberg pared their earnings estimates for BAE Systems, while highlighting the risk that the debate surrounding the UK's maritime defence budget might drive negative sentiment in the backhalf of 2016, which led them to downgrade their recommendation. The June Defence
Read moreBerenberg downgrades BAE Systems, sees scant impact in case of Brexit
23rd Jun 2016 13:19
(ShareCast News) - Analysts at Berenberg pared their earnings estimates for BAE Systems, while highlighting the risk that the debate surrounding the UK's maritime defence budget might drive negative sentiment in the backhalf of 2016, which led them to downgrade their recommendation. The June Defence
Read moreDirectors dealings: BAE Systems finance chief forced to sell shares
17th Jun 2016 15:08
(ShareCast News) - BAE Systems's finance chief was forced to liquidate a substantial part of his holdings in the company he helps run, pursuant to a divorce settlement. Peter Lynas on Friday sold 182,288 shares at an individual price of 483,25p, followed by the excercise of an option over another 11
Read moreDirector dealings: Newly appointed BAE non-exec picks up shares
10th May 2016 15:06
(ShareCast News) - BAE Systems non-executive director Paula Rosput picked up 1,000 American Depositary Receipts representing 4,000 ordinary shares in the aerospace and defence engineer at an individual price of $28.411 each one, for a total amount of $28,411. The purchase was carried out in the Stat
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