Canaccord Genuity lowers target price on Berkeley Group
19th Mar 2021 16:35
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on homebuilder Berkeley Group from 5,400.0p to 5,200.0p on Friday, highlighting recent share price underperformance.
Read moreUBS downgrades Crest Nicholson, Persimmon
18th Mar 2021 11:42
(Sharecast News) - UBS downgraded its stance on shares of Persimmon and Crest Nicholson on Thursday as it took a look at the UK housebuilding sector.
Read moreBerkeley says profit on track to match year before
12th Mar 2021 07:02
(Sharecast News) - Berkeley Group said it was on track for annual profit similar to the year before after "robust" trading but it was cautious about putting new developments on the market.
Read moreHousebuilders rally on reports of mortgage guarantee scheme
1st Mar 2021 11:36
(Sharecast News) - Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95% of mortgages.
Read moreUBS reiterates 'buy' on Berkeley, lifts price target
18th Feb 2021 12:12
(Sharecast News) - UBS lifted its price target on housebuilder Berkeley to 6,037p from 5,882p on Thursday and reiterated the 'buy' rating as it highlighted upside of more than 7,000p.
Read moreBarclays upgrades Persimmon, Taylor Wimpey
3rd Feb 2021 08:56
(Sharecast News) - Barclays adjusted its ratings on UK housebuilding stocks on Wednesday, lifting its stance on Persimmon and Taylor Wimpey, but downgrading Barratt Developments and Crest Nicholson.
Read moreTuesday broker round-up
15th Dec 2020 13:40
(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.
Read moreJPM upgrades Redrow, downgrades Berkeley
15th Dec 2020 10:20
(Sharecast News) - JPMorgan Cazenove upgraded Redrow and downgraded Berkeley on Tuesday as it took a look at the UK housebuilding sector and became more positive on the outlook.
Read moreBerkeley sticks to targets as profit falls
4th Dec 2020 07:02
(Sharecast News) - Berkeley Group stuck to its targets for shareholder returns as the housebuilder reported a 16.6% fall in first-half profit caused by the Covid-19 crisis.
Read moreCanaccord predicts recovery for UK housebuilders
2nd Dec 2020 11:53
(Sharecast News) - Bellway, Crest Nicholson and Redrow look particularly attractive as UK housebuilders profits start to recover from the Covid-19 crisis, Canaccord Genuity said.
Read moreUK construction PMI for September beats forecasts
6th Oct 2020 10:10
(Sharecast News) - Construction sector activity in the UK picked up further in September with new business coming in at its fastest clip since before the pandemic-induced lockdown.
Read moreCovid buying boom helps UK house prices hit fresh highs
30th Sep 2020 09:31
(Sharecast News) - Annual house price growth surged in September to the highest rate in four years, as the UK property market continued to boom post lockdown.
Read moreUK housebuilders too cheap to ignore, says Jefferies
24th Sep 2020 12:26
(Sharecast News) - UK housebuilders are too cheap to ignore, Jefferies said in a research note on Thursday.
Read moreThink tank warns house prices could fall 14% in 2021
14th Sep 2020 14:28
(Sharecast News) - House prices could fall by as much as 14% next year, according to analysis by the Centre for Economics and Business Research, hurt by the long-term economic impact of Covid-19.
Read moreBerkeley holds guidance on better-than-expected trading
4th Sep 2020 07:01
(Sharecast News) - House builder Berkeley maintained full year guidance as it reported better-than-expected production levels due to pent-up demand after the easing of coronavirus lockdown measures.
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