Broker tips: St Modwen Properties, Bodycote
31st May 2016 15:52
(ShareCast News) - Numis reiterated a 'buy' rating and target price of 535p on St Modwen Properties after the property company said trading for the year had started well. In a pre-close statement for the period 1 December 2015 to 31 May 2016, St Modwen said it continued to add new opportunities to i
Read moreTuesday broker round-up
31st May 2016 11:56
(ShareCast News) - B&M European Value: Retail HSBC reiterates buy with a 410p target. Zoopla: Jefferies stays at buy with a 430p target. Royal Dutch Shell "a": UBS reiterates buy with a target price of 1950p and HSBC stays at buy with a 2000p target. Ultra Electronic Holdings: JP Morgan reiterates
Read moreRBC raises target price on Bodycote
31st May 2016 10:47
(ShareCast News) - RBC Capital raised its target price for Bodycote to 645p from 625p on Tuesday, saying the shares are approaching "fair value". Bodycote last week reported in a trading update that group revenue fell 4.9% between 1 January and 30 April from the same period last year to £192.4m, or
Read moreFriday broker round-up
27th May 2016 16:29
(ShareCast News) - B&M European Value: Retail Jefferies reiterates buy with a 330p target and Citigroup keeps at buy with a target of 345p. Standard Life: Jefferies stays at buy with a 403p target. United Utilities: JP Morgan reiterates overweight with a target price of 1020p and Exane BNP Paribas
Read moreBodycote revenue drops but full year expectations maintained
27th May 2016 07:49
(ShareCast News) - Bodycote reported a drop in revenue between 1 January and 30 April, but reiterated its expectations for the year. In a trading update ahead of the company's annual general meeting, Bodycote said group revenue fell 4.9% from the same period last year to £192.4m, or 9.1% at constant
Read moreDirector dealings: Bodycote's outgoing FD halves stake before ex-div date
7th Apr 2016 15:56
(ShareCast News) - Bodycote's outgoing finance director David Lawless has sold half his shares in the metal heat treatment group. Lawless, who has been at the company since 1999 and is moving into a non-executive portfolio career, made almost £370,000 after selling 62,000 shares at 594.18p apiece
Read moreBodycote announces another special dividend, but profit drops
25th Feb 2016 09:31
(ShareCast News) - Specialty chemicals firm Bodycote said it will pay another special dividend for 2015 despite posting a drop in full year profit. For the year ended 31 December, pre-tax profit slid to £75m from £103.7m in 2014 as revenue dropped 6.9% to £567.2m. At the same time, operating profit
Read moreFTSE 250 movers: Hastings jumps into risers after market promotion
21st Dec 2015 14:46
(ShareCast News) - With only three and a half days of trading this week, investors were optimistic and grabbing a few pre-Christmas bargains with the FTSE 250 up 85.45 points (0.50%) to 17,191.32 by mid-afternoon Monday. It was also the first day Morrisons was traded on the second tier market, after
Read moreFTSE 250 movers: Market to end the day in the red
18th Dec 2015 15:26
(ShareCast News) - The FTSE 250 was on track to finish Friday in the red after being bolstered on Thursday after the Fed rate hike. The market was down 72.46 points (0.42%) to 17,104.82 by mid-afternoon. Entertainment One undid Thursday's gains from its announcement it had extended its output agreem
Read moreBroker tips: Bodycote, Restaurant Group, Northgate
18th Dec 2015 11:02
(ShareCast News) - Bodycote got a boost on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' saying sentiment was likely to warm next year. The broker cut its estimates to reflect the more challenging trading environment which was confirmed in the group's third quarter update. It down
Read moreBodycote shares rally on N+1 Singer upgrade
18th Dec 2015 10:44
(ShareCast News) - Bodycote got a boost on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' saying sentiment was likely to warm next year. The broker cut its estimates to reflect the more challenging trading environment which was confirmed in the group's third quarter update. It down
Read moreFTSE 250 movers: Kaz Minerals and Ophir Energy help market surge
17th Nov 2015 14:22
(ShareCast News) - The FTSE 250 surged ahead on Tuesday as traders bet that the Paris attacks would not have a lasting effect on global markets. The index sat at 17,041.67 by mid-afternoon, up 197.29 points (1.17%). Kaz Minerals was the market's biggest gainer, after reached an agreement with its p
Read moreBodycote on track for full year profit despite dip in revenue
17th Nov 2015 08:09
(ShareCast News) - Despite challenging market conditions and a dip in revenue over the last four months, Bodycote said it is on track to meet full-year profit expectations, sending the share price surging. The FTSE 250 thermal subcontract processing service provider issued a trading statement on Mon
Read moreBodycote profit hurt by oil & gas downturn but shares rise on stable margins
30th Jul 2015 12:00
(ShareCast News) - Bodycote posted a drop in first half pre-tax profit amid declining revenue, as a result of soft demand in the oil and gas industry and adverse currency moves. For the six months ended 30 June, pre-tax profit came in at £30.6m, a 41.8% decline year-on-year, with revenue down 4% at
Read moreMonday broker round-up
11th May 2015 15:36
RBS: Credit Suisse reiterates underperform and 320p target. GlaxoSmithKline: Deutsche reiterates hold and lowers target to 1,540p from 1,600p. HSBC: Exane BNP reiterates underperform and 600p target. Lloyds: Credit Suisse reiterates neutral and 72p target. Sage Group: Goldman Sachs reiterates neu
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