UK construction tough but buying opportunities exist, says Berenberg
4th Sep 2023 08:03
(Sharecast News) - Broker Berenberg expects the UK construction market to flatline in 2024 before returning to growth, and highlighted a number of key buying opportunities for investors.
Read moreBerkeley Group FY profits rise but outlook cautious
21st Jun 2023 07:17
(Sharecast News) - Housebuilder Berkeley Group posted a 9.5% jump in full-year pre-tax profit on Wednesday but struck a cautious note over the outlook.
Read moreUBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Read moreHSBC upgrades housebuilders, says market downturn more than priced in
13th Apr 2023 08:11
(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.
Read moreBerkeley Group trading in line amid softer demand
10th Mar 2023 07:14
(Sharecast News) - Berkeley Group said in a trading update on Friday that its current trading was in line with the levels it identified in December.
Read moreLiberum downgrades Taylor Wimpey on valuation grounds
6th Feb 2023 10:46
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Read moreBerkeley Group backs FY guidance even as H1 profits fall
9th Dec 2022 07:59
(Sharecast News) - Housebuilder Berkeley backed its full-year profit outlook on Friday even as it posted a drop in first-half profits.
Read moreHousing market slows in wake of mini budget
28th Nov 2022 10:08
(Sharecast News) - House price inflation slowed last month, an industry survey showed on Monday, as demand slumped following the mini-budget and homeowners cut asking prices to secure sales.
Read moreBerenberg remains 'cautious' on UK housebuilders
25th Nov 2022 07:22
(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Read moreJefferies slashes targets for UK housebuilders to reflect downturn scenarios
25th Oct 2022 11:03
(Sharecast News) - Analysts at Jefferies took an axe to their target prices for several of the UK's largest homebuilders, telling clients that bottom fishing in the sector might prove premature as industry data had yet to reveal the full extent of the recent financial and political turmoil.
Read moreBerenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreHouse prices strengthen despite darkening outlook - RICS
8th Sep 2022 07:02
(Sharecast News) - UK house prices continued to rise in August, industry data showed on Thursday, but at a slower pace than analysts had expected.
Read moreBerkeley Group on course to meet full-year targets
6th Sep 2022 07:01
(Sharecast News) - Berkeley Group is on track to meet full-year profit guidance, the house builder said on Tuesday, despite a "volatile" operating environment.
Read moreDirector dealings: Berkeley board members make some big purchases
23rd Jun 2022 16:05
(Sharecast News) - Berkeley Group was at the top of the list of director deals on Thursday afternoon, after four of its board members were linked to large purchases.
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