Tuesday broker round-up
14th Aug 2018 13:24
(Sharecast News) - Elementis: Berenberg upgrades to buy with a target price of 315p.
Read moreBodycote expects full-year results to be 'marginally ahead' of consensus
26th Jul 2018 09:22
(Sharecast News) - Heat treatment specialist Bodycote turned in a strong set of first-half results in its Thursday morning statement and took the opportunity to raise expectations for its full-year results.
Read moreMerrill Lynch upgrades Spectris and Spirax, prefers Smiths Group
11th Jan 2017 11:40
(ShareCast News) - Engineering shares were boosted by a note from Bank of America Merill Lynch that upgraded Spectris and Spirax-Sarco Engineering but said Smiths Group was its preferred UK name in a sector where investors are looking to rotate towards cyclical stocks. While positive data indicators
Read moreFavourable forex pushes Bodycote revenues higher
18th Nov 2016 07:25
(ShareCast News) - Bodycote issued a trading update for the period from 1 July to 31 October on Friday, with group revenue 12.7% higher than the same period last year and 3.1% lower at constant exchange rates, against somewhat weak comparables. The FTSE 250 company said several new sites were acquir
Read moreWednesday broker round-up
26th Oct 2016 17:40
(ShareCast News) - FirstGroup: Goldman Sachs keeps at buy with a target price of 168p. Esure: Berenberg stays at sell, 238p target. Anglo American: Deutsche Bank reiterates hold with a 965p target. Intertek: UBS reiterates buy with a 4100p target. Sainsbury: Goldman Sachs reiterates sell with a 1
Read moreBodycote appoints Dominique Yates as group finance director
12th Oct 2016 07:43
(ShareCast News) - Bodycote has appointed Dominique Yates as group finance director designate and executive director with effect from 2 January 2017. He will succeed David Landless, who announced his intention to retire from the board in February after 17 years with the company. Landless will remain
Read moreBodycote names new non-executive director
13th Sep 2016 07:06
(ShareCast News) - Bodycote appointed Patrick Larmon to its board as an independent non-executive Director, effective 13 September, and as a member of its audit, remuneration and nomination committees. Since 2004, Larmon had been an executive director at Bunzl, and first president of its North Ameri
Read moreJPMorgan Cazenove lifts Bodycote to Neutral, hikes target price
22nd Aug 2016 15:56
(ShareCast News) - JPMorgan Cazenonve has upgraded Bodycote to Neutral, from Underweight, and hiked its target price on the stock. It remains Overweight on GKN, Oxford Instruments, Smiths and Spirax-Sarco, and Underweight on Fenner and Weir. The brokerage said first-half 2016 for UK Capital Goods s
Read moreBroker tips: William Hill, Bodycote, KAZ Minerals
22nd Aug 2016 10:40
(ShareCast News) - Barclays reinstated coverage of William Hill at 'overweight', raising the price target by 3% to 340p. It said the stock is cheap and there are potential catalysts in the second half such as announcements around cost savings in retail and online and hopefully news on a new chief ex
Read moreMonday broker round-up
22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
Read moreJPM ups Bodycote to 'neutral' , says 'underweight' thesis has largely played out
22nd Aug 2016 07:38
(ShareCast News) - JPMorgan Cazenove upgraded Bodycote to 'neutral' from 'underweight' and lifted the price target to 605p from 565p, saying its UW thesis on the stock has largely played out. The bank said its UW rating was primarily based on end-market headwinds not being reflected in expectations,
Read moreDirector dealings: Bodycote sale follows mixed results
16th Aug 2016 14:37
(ShareCast News) - One of the family of Bodycote finance director David Landless has sold more than £332,000 worth of shares in the company as they trade just shy of 11-month highs. Margaret Landless sold 55,335 shares in the heat treatment group at a price of 600.5159p apiece. Late last month, the
Read moreDepressed oil market pushes Bodycote earnings lower
28th Jul 2016 09:00
(ShareCast News) - Bodycote published its interim results for the six months to 30 June on Thursday, with group revenue down 2.9% to £291m. The FTSE 250 firm's headline operating margin reduced to 16.9%, impacted by oil & gas, though it said its margin was maintained when that effect was excluded.
Read moreFTSE 250 movers: house builders in focus as mid caps sour
4th Jul 2016 18:25
(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r
Read moreCredit Suisse sees 30% chance of 'Brexit lite', recommends buying UK dollar earners
29th Jun 2016 09:11
(ShareCast News) - In its latest global equity strategy note, Credit Suisse said there was a 30% chance of a 'Brexit lite' and no change in governing party until 2020. "We have a 30% chance of a second referendum which would take place if Boris Johnson is able to negotiate better terms (i.e. a brake
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