Philip Morris sees earnings slide, beats forecasts

21st Jul 2020 12:23

(Sharecast News) - Shares in Philip Morris International sparked in pre-market trading on Tuesday, after its second-quarter numbers beat expectations and the US tobacco giant reinstated full-year forecasts.

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Monday broker round-up

20th Jul 2020 13:32

(Sharecast News) - British American Tobacco: Jefferies downgrades to hold with a target price of 3,000.0p.

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Tuesday broker round-up

7th Jul 2020 14:00

(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.

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Monday broker round-up

29th Jun 2020 13:45

(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.

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Wednesday broker round-up

10th Jun 2020 13:44

(Sharecast News) - UDG Healthcare: RBC Capital Markets downgrades to sector performer with a target price of 800p.

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BAT warns of Covid-19 sales hit but commits to dividend payout

8th Jun 2020 08:02

(Sharecast News) - British American Tobacco lowered full year guidance as coronavirus travel bans and lockdowns in South Africa, Mexico and Argentina hammered sales.

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Thursday broker round-up

4th Jun 2020 14:03

(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.

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BAT sticks to dividend policy and earnings target

30th Apr 2020 08:47

(Sharecast News) - British American Tobacco said it was sticking to its dividend policy as the cigarette and vaping company predicted solid earnings growth for 2020.

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Philip Morris withdraws FY guidance despite Q1 earnings beat

21st Apr 2020 12:38

(Sharecast News) - Tobacco giant Philip Morris saw first-quarter profits and sales come in higher year-on-year, but withdrew its 2020 full-year guidance on Tuesday all the same as a result of the Covid-19 pandemic.

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Almost a third of FTSE 100 cut or scrap dividends

15th Apr 2020 12:01

(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.

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BAT shares fall after US sanctions probe report

14th Apr 2020 10:36

(Sharecast News) - British American Tobacco shares fell after the company was reported to be the subject of a US criminal investigation into suspected sanctions breaches.

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BAT hails breakthrough with potential Covid-19 vaccine

1st Apr 2020 09:21

(Sharecast News) - British American Tobacco said on Wednesday that it has made a "significant breakthrough" with its tobacco plant technology platform in the development of a potential vaccine for Covid-19.

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Broker tips: ABF, Tobacco stocks

24th Mar 2020 22:23

(Sharecast News) - ShoreCap reiterated its 'buy' recommendation for shares of Associated British Foods, hailing its "exceptionally good liquidity".

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Tobacco dividends safe, Citi says

24th Mar 2020 16:40

(Sharecast News) - Analysts at Citi said 2020 dividend payouts from the world's largest tobacco companies were safe.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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