Tuesday broker round-up
18th Oct 2016 12:36
(ShareCast News) - BT Group: Goldman Sachs keeps at buy with a target price of 560p. Bellway: Canaccord reiterates buy, 2350p target. Standard Life: Barclays keeps at underweight with a 301p target. Debenhams: HSBC maintains reduce with a 50p target. Smiths Group: UBS keeps at neutral with a 1510
Read moreBabcock wins contract with US defence contractor General Dynamics
13th Oct 2016 13:56
(ShareCast News) - Support services group Babcock International has been awarded a competitive contract from US defence contractor General Dynamics Electric Boat to manufacture tactile missile tube assemblies. The contract is part of the common missile compartment (CMC) project for the UK Successor
Read moreBroker tips: Imagination Technologies, Babcock, Sainsbury's
29th Sep 2016 11:56
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pure digital radio business. The group, which designs chips for iPhones, sold Pure to Austria's AVenture AT for £2.6m in cash as it looks to reduce debt
Read moreBabcock confident of second-half improvement, says ShoreCap
29th Sep 2016 08:33
(ShareCast News) - Babcock International has seen a slower performance in the first half but still expects to grow revenues 6% in the full year, broker Shore Capital revealed as it reiterated a 'buy' recommendation on the engineering services outsourcer. With Babcock's shares feeling some effect of
Read moreTuesday broker round-up
13th Sep 2016 11:56
(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy
Read moreThursday broker round-up
8th Sep 2016 14:03
(ShareCast News) - Tesco: JP Morgan reiterates underweight with a target price of 135p. G4S: Jefferies maintains underperform with a 160p target. Severn Trent: UBS keeps at neutral with a 2310p target. ITV: JP Morgan reiterates overweight with a 233p target. Babcock: Goldman Sachs keeps at buy wi
Read moreBabcock wins five-year support contract with Qantas
8th Sep 2016 09:08
(ShareCast News) - Babcock International has been awarded a five-year contract to support Qantas' ground support equipment (GSE) fleet at 60 locations across Australia. The agreement, which includes an option for a further two years, streamlines the management of the airline's fleet of over 10,000 G
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 moreBabcock reassures of stable order and trading in first quarter
21st Jul 2016 07:33
(ShareCast News) - Engineer Babcock said its order book and bid pipeline have remained stable since its final results in May and reassured that trading in the new year had "started well". The defence, aerospace and energy specialist said in a statement ahead of its annual shareholder meeting that ha
Read moreTuesday broker round-up:
28th Jun 2016 16:16
(ShareCast News) - Just Eat: Goldman Sachs reiterates buy with a target price of 670p. G4S: Credit Suisse keeps at outperform with a 210p target. Bellway: Goldman Sachs keeps at neutral with a target price of 1715p. Northgate: Numis reiterates to buy with a target of 500p. Babcock: Credit Suisse
Read moreFriday newspaper share tips: Daily Mail and General Trust, Babcock International
27th May 2016 14:21
(ShareCast News) - Shares in Daily Mail and General Trust may turn out to be oddly cheap when the company's media revenue curve turns upwards, argues the Financial Times' Lex column. DMGT has a strategy for its old media element, which appeared to be working, observed the column, noting this was a m
Read moreThursday broker round-up
26th May 2016 15:53
(ShareCast News) - Great Portland States: Jefferies downgrades to underperform with a 650p target. Electrocomponents: RBC upgrates to sector perform with a 270p target. Marks & Spencer: Jefferies downgrades to underperform with a target price of 300p, Exane BNP Paribas downgrades to underperform wi
Read moreBabcock International profits as outsourcing demand remains strong
25th May 2016 07:54
(ShareCast News) - Babcock International posted a strong set of final results, with the FTSE 100 engineering outsourcer's all-organic profits rising steadily and emitted optimistic sounds about future growth in the UK and internationally. Underlying revenue of £4.84bn for the 12 months to March was
Read moreMonday broker round-up
23rd May 2016 18:04
(ShareCast News) - Royal Mail: RBC upgrades to sector perform with a 525p target. Weir: HSBC upgrades to buy with a 1450p target. Sports Direct: Goldman Sachs downgrades to neutral with a target price of 400p. Easyjet: Macquarie reiterates outperform with a target of 2100p. ICAP: Credit Suisse re
Read moreBabcock joint venture secures MOD contract
20th May 2016 08:02
(ShareCast News) - Babcock's joint venture with Lockheed Martin, Ascent Flight Training, has been awarded a contract by the Ministry of Defence to deliver the rotary wing element of the UK Military Flying Training System (UKMFTS). The engineering support services group said the total revenue value o
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