FTSE 250 movers: Retailers unravel after ASOS warning sends shockwaves
17th Dec 2018 15:09
(Sharecast News) - London's FTSE 250 was down 1.40% at 17,420.44 in afternoon trade on Monday, as ASOS's shock profit warning signalled that not even online retailers are safe and sent contemporaries spiralling lower.
Read moreThursday broker round-up
25th Oct 2018 11:31
(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.
Read moreB&M European Value Retail buys French retailer Babou
22nd Oct 2018 13:33
(Sharecast News) - B&M European Value Retail has announced the acquisition of Paminvest SAS, a discount retailer operating a chain of 95 stores trading under the name Babou in France for a total enterprise value of €91.2m.
Read moreMonday broker round-up
22nd Oct 2018 12:35
(Sharecast News) - British Land: Credit Suisse downgrades to underperform with a target price of 620p.
Read moreFTSE 250 movers: Brewin rallies on update; Indivior tumbles on generic warning
25th Jul 2018 14:17
(Sharecast News) - London's FTSE 250 was down 0.4% to 20,767.17 in afternoon trade on Wednesday as investors sifted through a deluge of corporate news.
Read moreTuesday broker round-up
10th Jan 2017 13:25
(ShareCast News) - Tullow Oil: UBS reiterates neutral with a target price of 260p. BT Group: Barclays reiterates overweight, 525p target. B&M European: Deutsche Bank reiterates buy with a 330p target. BP: HSBC reiterates buy with a 590p target. Royal Dutch Shell: Barclays keeps at overweight with
Read moreThursday broker round-up
5th Jan 2017 12:38
(ShareCast News) - Royal Dutch Shell B: UBS reiterates buy with a target price of 2500p. Aviva: JP Morgan reiterates overweight, 553p target. B&M European: HSBC reiterates buy with a 350p target. Breedon: Berenberg reiterates buy with a 85p target. Cobham: JP Morgan keeps at neutral with a 175p t
Read moreSector movers: Retailers hard hit by woes at Next
4th Jan 2017 15:43
(ShareCast News) - Fashion retailers' shares got whacked after Next posted lower-than-expected sales for the period over Christmas and warned that further weakness may lie ahead. Group sales from the start of November until Christmas Eve shrank 0.4%, as a 3.5% decline in shop sales was largely of
Read moreB&M European Value enjoys 'return to form' over Christmas
4th Jan 2017 07:40
(ShareCast News) - Discounter B&M European Value Retail said it was confident of hitting its full year targets after good sales over Christmas helped sales accelerate in the third quarter. Helped by 14 store openings, group revenues of £789.1m were up 20.5% on last year at constant currency rates, o
Read moreBroker tips: B&M, Capita, Barclays
14th Dec 2016 12:04
(ShareCast News) - B&M European Value Retail's shares received a boost on Wednesday after Canaccord Genuity raised its rating on the stock to 'buy' from 'hold' and lifted the target price to 295p from 265p. Canaccord said it remains positive on the variety retailer's UK prospects and is "sanguine" o
Read moreB&M European revenue up as it opens 500th UK store
15th Nov 2016 08:07
(ShareCast News) - Multi-price value retailer B&M European Value Retail announced its interim results for the 26 weeks to 24 September on Tuesday, with group revenues increasing by 18.9% to £1,105.9m, or by 17.7% at constant currencies. The FTSE 250 company opened a net of 20 new stores in the UK du
Read moreMonday broker round-up
14th Nov 2016 10:38
(ShareCast News) - Dairy Crest: JP Morgan keeps at neutral with a target price of 600p. Tesco: HSBC upgrades to buy with a 260p target. Inmarsat: Jefferies stays at buy with a 1245p target. Aggreko: Barlcays reiterates overweight with a 1000p target. SSE: Goldman Sachs keeps at neutral with a 160
Read moreWednesday broker round-up
19th Oct 2016 12:06
(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
Read moreMorgan Stanley upgrades B&M, now willing to buy into company´s valuation
10th Aug 2016 14:10
(ShareCast News) - Analysts at Morgan Stanley upgraded their recommendation on shares of B&M European Value Retail, telling clients it was the "most structurally attactive" of the retailers which had floated on the London market in the last few years. Yes, the shares were now trading below the price
Read moreB&M European opens 17 stores in quarter but LFL sales fall flat
14th Jul 2016 07:11
(ShareCast News) - Opening 12 new UK stores and five in Germany, B&M European Value Retail said it was "on course" to hit market profit forecasts after a period of strong first-quarter revenue but flat UK like-for-like sales. Group sales rose 21.5% to £554.8m on a reported basis over the 13 weeks en
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