Broker 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
Read moreBroker 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
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