Sunday newspaper round-up: RBS, Shell, Cobham, BT, banks
15th May 2016 17:01
(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its
Read moreMonday broker round-up
9th May 2016 15:26
(ShareCast News) - Easyjet: RBC upgrades to outperform with a 1500p target. Restaurant Group: UBS downgrades to neutral with a 305p target. Burberry: Barclays keeps at equal-weight with a 305p target. Smith & Nephew: Berenberg reiterates buy with a target of 1300p and Barclays stays at overweight
Read moreThursday broker round-up
5th May 2016 15:12
(ShareCast News) - Stagecoach: UBS upgrades to buy with a 295p target. Centrica: Exane BNP Paribas downgrades to neutral with a 240p target and UBS reiterates hold with a target price of 250p. BHP Billition: Barclays upgrades to equal-weight with a 875p target. Vedanta: Barclays reiterates underwe
Read moreTuesday broker round-up
3rd May 2016 15:50
(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3
Read moreBroker tips: N Brown, Burberry, BT Group
20th Apr 2016 12:53
(ShareCast News) - Broker Peel Hunt downgraded N Brown to 'reduce' after the specialist fit clothing retailer ran into challenging conditions in the new financial year. Final results were also slightly disappointing, with profit before tax of £84.5m, which was below the broker's £86.2m estimate, tho
Read moreGoldman Sachs downgrades Burberry, sees limited near-term upside
20th Apr 2016 09:46
(ShareCast News) - Goldman Sachs downgraded Burberry to 'neutral' from 'buy' and cut the price target to 1,550p from 1,690.8p. It noted the shares are up 93.1% versus the FTSE World Europe up 21.3% since it added the stock to its 'buy' list in May 2010. "Given the lack of improvement in growth mome
Read moreFriday newspaper share tips: Burberry, Unilever
15th Apr 2016 14:17
(ShareCast News) - Burberry has great financials, it generates strong cash flow - more than twice what is needed to cover its dividend payments - yields over 3.0% and has a pristine balance sheet, the Financial Times's Lex column said. Given rapid growth over the past half-decade, the stock trades o
Read moreThursday broker round-up
14th Apr 2016 14:09
(ShareCast News) - Metro Bank: Goldman Sachs reiterates neutral with a target price of 2080p. Burberry: Credit Suisse stays at underperform with a target price of 1050p. JD Sports: Investec keeps at buy with a target price of 1420p and Cantor Fitzgerald reiterates buy with a target of 1400p. Tesco
Read moreLondon pre-open: Stocks seen flat ahead of BoE announcement
14th Apr 2016 07:31
(ShareCast News) - London stocks were set for a broadly flat open on Thursday as investors looked to the Bank of England rate announcement. The FTSE 100 was seen starting three points lower than Wednesday's close at 6,359. "The Bank of England is likely to stay unanimous in its decision to keep int
Read moreBurberry warns on profits for 2017 amid challenging demand
14th Apr 2016 07:07
(ShareCast News) - Burberry warned profits for 2017 are likely to be around the bottom of the range of analysts' forecasts due to increased investment in the business and a "challenging demand environment". Sales at the fashion house decreased by 1% in the second half of the year due to continued we
Read moreSunday share tips: BT Group, Burberry
10th Apr 2016 16:40
(ShareCast News) - Three's acquisition of Telefonica's O2 is on the skids after the owner of the former, Hutchinson Whampoa, failed to turn the heads of the European competition authorities, with potential ill consequences for BT Group, the Financial Times's Lex column said. Hutchinson argues that a
Read moreBroker tips: Burberry, Glencore, Zoopla
7th Apr 2016 15:54
(ShareCast News) - RBC Capital Markets cut Burberry's rating to 'underperform' from 'sector perform' on Thursday, saying it expects the retailer's full year earnings in 2017-18 to be below the sector average. However, the broker raised its price target to 1,300p from 1,275p as it said the luxury fas
Read moreThursday broker round-up
7th Apr 2016 15:32
(ShareCast News) - Zoopla: UBS downgrades to neutral with a target price of 260p. Caledonia Mining: Panmure Gordon downgrades to hold, 61p target. Burberry: RBC downgrades underperform with a target price of 1300p, JP Morgan reiterates neutral with a target of 1400p and UBS keeps at buy with a targ
Read moreBurberry cut to 'underperform' from 'sector perform' by RBC
7th Apr 2016 09:42
(ShareCast News) - RBC Capital Markets cut Burberry's rating to 'underperform' from 'sector perform' on Thursday, saying it expects the retailer's full year earnings in 2017-18 to be below the sector average. However, the broker raised its price target to 1,300p from 1,275p as it said the luxury fas
Read moreWednesday broker round-up
9th Mar 2016 16:26
(ShareCast News) - Worldpay: Jefferies reiterates buy with a target price of 340p and Goldman Sachs keeps at buy with a target price of 400p. Burberry: HSBC downgrades to hold, 1500p target. Croda International: Goldman Sachs downgrades to neutral with a target price of 3300p. Ashtead: Credit Suis
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