Wednesday preview: Global PMIs, Berkeley Group in focus

22nd Jun 2021 16:11

(Sharecast News) - Financial markets' focus in the middle of the week will be on a raft of closely-followed activity surveys on both sides of the Atlantic.

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House prices ease for first time in nearly a year - ONS

16th Jun 2021 12:03

(Sharecast News) - House prices eased in April, official data showed on Wednesday, ending eleven consecutive months of rises.

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Monday broker round-up

10th May 2021 13:05

(Sharecast News) - St Modwen: Liberum downgrades to hold with a target price of 542p.

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JPMorgan upgrades Berkeley, says concerns are 'overplayed'

10th May 2021 09:50

(Sharecast News) - JPMorgan Cazenove upgraded Berkeley Group on Monday to 'overweight' from 'neutral' and lifted the price target to 5,400p from 5,100p as it argued that concerns are "overplayed".

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UK house prices rise at fastest rate since 2014 - ONS

21st Apr 2021 11:06

(Sharecast News) - UK house prices have risen at the fastest pace in more than six years, official data showed on Wednesday, fuelled by the stamp duty holiday and demand for larger homes.

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UK house prices hit record in buying frenzy

16th Apr 2021 15:26

(Sharecast News) - UK property prices have surged to a record high as properties sell at the fastest pace on record, a survey by Rightmove found.

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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.

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UBS 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.

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Berkeley 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.

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Housebuilders 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.

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UBS 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.

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Barclays 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.

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Tuesday broker round-up

15th Dec 2020 13:40

(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.

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JPM 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.

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Berkeley 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.

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