1st Sep 2015 12:46
(ShareCast News) - Housebuilder Berkeley Group could replace industrial engineer Weir in the FTSE 100 in mid-September, according to indicative data from FTSE International. Shares in Weir, which was promoted to London's top-flight index in 2010, have tumbled in the last 12 months amid declining oil
Read more1st Sep 2015 12:20
(ShareCast News) - Housebuilder Berkeley Group looks set to replace industrial engineer Weir in the FTSE 100 later this month when the quarterly reshuffle is announced on Wednesday, according to indicative data from FTSE International which is based on Friday's closing prices. Weir has been included
Read more14th Jul 2015 10:34
(ShareCast News) - UK house price growth bounced back in May, according to official figures, with average house prices increasing by 0.9% over the month after a fall the month before. While simultaneously released data showed the country's core inflation sank back to 0%, house price inflation increa
Read more6th Jul 2015 13:29
Barclays upgraded Bellway to 'overweight' from 'equalweight' and raised the target price to 2,799.9p from 2,096p, noting the growth ambitions of the UK's fourth largest housebuilder, as it took a look at the UK housebuilding sector. It downgraded Taylor Wimpey to 'equalweight' from 'overweight' but
Read more2nd Jul 2015 10:54
In spite of a strong performance from UK housebuilding stocks year-to-date and over the past five years, UBS has retained a bullish stance on sector, saying there's "still room to run". The bank has hiked target prices for most stocks across the sector by around 20-25% on average. It reiterated its
Read more19th Jun 2015 10:53
UBS has hiked its target price for Berkeley Group from 3,400p to 3,900p and reiterated a 'buy' rating, saying all operating metrics at the housebuilder are in "excellent shape". "Berkeley is now entering into the delivery phase of its strategy, with material earnings and cash generation expected ove
Read more18th Jun 2015 11:22
The premium on Berkeley Group Holdings shares on a price-to-book basis is justified. Above all else homebuilders are property companies. Their sucess hinges on their saviness when it comes to land, which makes up four-fifths of the company´s assets. However, the firm, whose business is concentrated
Read more17th Jun 2015 17:16
UK stocks fell for the fourth straight day on Wednesday with London's FTSE 100 finishing at its lowest level in five months as Greece continued to fight with creditors to secure a bailout deal. Investors were also showing caution ahead of the conclusion of a monetary policy meeting at the Federal Re
Read more17th Jun 2015 08:42
UK stocks paused at a three-month low on Wednesday morning ahead of a Federal Reserve policy decision, as negative newsflow from Greece continued to dampen risk appetite. The FTSE 100 was trading 0.1% lower at 6,703.24 after settling at 6,710.10 on Tuesday, its lowest close since 10 March. The inde
Read more17th Jun 2015 07:29
UK stocks are expected to bounce slightly on Wednesday morning after settling at a new three-month low, as investors digest the latest news flow from Greece and await a Federal Reserve policy meeting. City sources predict the FTSE 100 will open 16 points higher than Tuesday's close of 6,710.10, its
Read more26th May 2015 10:04
Deutsche Bank has named Taylor Wimpey, Barratt Developments and Bovis Homes as its top picks in the UK housebuilding sector, highlighting the attractive dividend yields across the industry. In its review of the sector, the bank hiked target prices for a host of stocks, including Taylor Wimpey, Barra
Read more22nd May 2015 15:12
UBS raised its price target on Berkeley Group to 3400p from 2900p, noting that it expects the London property market to pick up again from its pre-election slowdown. "We now expect a recovery in the London property market as the risk of a more adverse tax regime has been eliminated, in particular in
Read more14th May 2015 12:57
UK stocks rebounded from early losses by mid-afternoon, but recovery remained capped by concerns of Greek instability. Sector-wise, miners and computer services provided the biggest drag, while property stocks and insurers provided a welcome boost. At 2:30 BST, the FTSE 250 was trading 50 points hig
Read more8th May 2015 13:27
Wireless antenna maker Laird topped the risers on higher first quarter revenues and a strong outlook for the rest of the year. "We have some visibility on new products to be launched by customers in the second half of the year, which underpins our current full year outlook," said chief executive Dav
Read more5th May 2015 10:54
Goldman Sachs has reiterated it positive stance on UK housebuilders ahead of the general election on Thursday, saying there are limited risks for the sector based on currently-announced policies by the major parties. "All three parties are committed to improving housing supply and the planning envir
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