Persimmon's H1 drags house builders higher, bodes well for sector in 2016
23rd Aug 2016 12:18
(ShareCast News) - UK house builders are topping the FTSE 100 leaders ladder today thanks to Persimmon's chipper interims, prompting some to highlight the sector's 2016 potential. The sector has turned in a lumpy performance over the past 12 months, but it had zipped higher after a dive immediately
Read moreSector movers: Real estate stocks tumble
11th Aug 2016 16:19
(ShareCast News) - Defensive sectors had the edge on Thursday even as investors continued to bid the market higher, with tobacco stocks enjoying the strongest gains alongside the likes of Unilever, with the latter standing to gain from recent improved sentiment towards emerging markets. Heading the
Read moreHousebuilders subside as Deutsche Bank slashes targets due to Brexit
26th Jul 2016 10:38
(ShareCast News) - Deutsche Bank cut its price targets for all UK housebuilders in light of Brexit uncertainty, although the bank continued to be positive about the sector. Barrett Developments' target price was cut to 575p from 667p; Berkeley to 3,829p from 3,981p; Bovis to 1,190p from 1,322p; Bell
Read moreSunday share tips: Gulf Keystone Petroleum, Marks & Spencer, Lloyds Banking
17th Jul 2016 12:22
(ShareCast News) - Gulf Keystone Petroleum shares could be worth buying, said the Sunday Times' Inside the City column, if shareholders vote to accept a debt restructuring deal that will leave them just 14% of the embattled oil producer. Shares in the Kurdistan-focused company last week dipped below
Read moreSector movers: House builders and banks rally
8th Jul 2016 18:37
(ShareCast News) - House builders, banks topped the blue-chip winners' ladder at close of play on Friday, having last week and this suffered under the shadow of Britain's non-binding vote to quit the EU. Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon sprinted higher with gains of
Read moreDirectors dealings: Real estate sector execs pick up shares
24th Jun 2016 16:37
(ShareCast News) - Friday's sharp drops among shares of UK homebuilders and real estate outfits saw executives from several outfits step-in to pick-up some shares. Glyn Barker, non-executive director at Berkeley Group Holdings scooped up 2,000 shares in the homebuilder for a total £52,060.00. In pa
Read moreLondon open: Housebuilders lead FTSE higher on Brexit confidence
22nd Jun 2016 08:41
(ShareCast News) - London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided. The FTSE 100 was 0.09% higher at 6,232.19 just before 0900 BS
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreThursday newspaper share tips: Poundland and Berkeley Group
16th Jun 2016 18:40
(ShareCast News) - South African retail conglomerate Steinhoff can certainly afford to pony up with the dosh to buy Poundland, but the Financial Times' Lex column ponders the purpose of such a deal. Steinhoff yesterday revealed itself as the mystery suitor for the UK bargain chain, adding that it wa
Read moreBroker tips: Charles Stanley, Playtech, Berkeley Group
16th Jun 2016 17:08
(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta
Read moreCredit Suisse reiterates underperform on Berkeley Group Holdings
16th Jun 2016 13:46
(ShareCast News) - Berkeley Group Holdings remains "a very well managed business" but it was not immune to the weakening conditions which were being experienced in the inner London new build housing market, analysts at Credit Suisse said. For that reason, analysts Samuel Thomas and Harry Goad reiter
Read moreBrexit uncertainties hit Berkeley reservations
15th Jun 2016 07:02
(ShareCast News) - Reservations in the five months to May at property group Berkeley fell 20% due to uncertainty over Brexit. Full year pre-tax profits fell to £530m from £539.7m due to reduced ground rent sales, Berkeley added, while forward sales increased to £3.25bn from £2.95bn. "The outcome of
Read moreWednesday preview: Fed expected to stand pat on rates amid Brexit uncertainty
14th Jun 2016 12:33
(ShareCast News) - The Federal Reserve is expected to sit tight on interest rates in its policy decision on Wednesday ahead of Britain's European Union referendum. With uncertainty surrounding the EU referendum on 23 June and weak employment data for May, analysts see the Fed leaving interest rates
Read moreTuesday broker round-up
14th Jun 2016 12:02
(ShareCast News) - Henderson Group: Exane BNP Paribas downgrades to neutral with a target price of 240p. Crest Nicholson: Deutsche Bank keeps at hold with a 542p target. Beazley: UBS stays at neutral with a target price of 376p. Inmarsat: Jefferies keeps at buy with a target of 1245p. Berkeley Gr
Read moreSunday share tips: Homebuilders, Atlas Mara
5th Jun 2016 22:14
(ShareCast News) - Earnings at their cyclical peak for the country´s main homebuilders means investors would do best to steer clear of the sector, The Sunday Telegraph´s Questor said. Rounds of government funding and low interest rates - amongst other factors - have left the sector primed to perfect
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