BT boosted by Morgan Stanley upgrade
11th Jan 2017 09:45
(ShareCast News) - BT Group got a lift on Wednesday as Morgan Stanley upgraded its stance on the stock to 'overweight' from 'equalweight' and bumped up the price target to 490p from 450p. It noted the shares have underperformed the FTSE 100 by a disappointing 41 percentage points in the last 12 mont
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
15th Dec 2016 15:25
(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate
Read moreBT to create 500 UK & Ireland customer service jobs
12th Dec 2016 14:08
(ShareCast News) - Telecoms company BT Group has announced plans to create another 500 customer service jobs in the UK and Ireland. Most of the jobs will be in contact centres in Swansea, Warrington, Doncaster and Accrington and are in addition to the previously-announced target of 1,000 UK and Irel
Read moreOfcom wants to open up BT's ducts and poles
6th Dec 2016 13:51
(ShareCast News) - A new promise to broadband providers was made by Ofcom on Tuesday, saying they will be able to build ultrafast, full fibre networks more cheaply and easily than they can now, still using infrastructure owned by BT. The regulator outlined a strategy in July to promote the large-sca
Read moreFTSE 100 movers: Miners fly south, housebuilders warmed by BoE data
29th Nov 2016 15:05
(ShareCast News) - As London woke to the first winter's frost, a flock of commodities heavyweights flapped south to send the FTSE 100 into negative territory on Tuesday. A fall in metals prices, led by copper, saw investors migrate out of Antofagasta, Fresnillo, BHP Billiton, Rio Tinto, Anglo Americ
Read moreBT must legally separate Openreach, Ofcom rules
29th Nov 2016 07:07
(ShareCast News) - Ofcom has ruled that BT must legally separate from its Openreach infrastructure arm due to its failure to satisfy the regulator's competition concerns. BT made a move late on Monday to try and prevent the enforced spin-off with the appointment of a former director of the telecoms
Read moreTuesday broker round-up
22nd Nov 2016 09:56
(ShareCast News) - BT Group: UBS reiterates neutral with a target price of 400p. Tesco: JP Morgan reiterates underweight with a 135p target. Relx: Credit Suisse stays at outperform with a 1600p target. Pets at Home: HSBC reiterates buy with a 320p target. Royal Dutch Shell B: UBS starts coverage
Read morePremier League agrees bumper £560m Chinese TV rights deal
18th Nov 2016 14:47
(ShareCast News) - Chinese streaming service PPTV will pay as much as £650m to show Premier League games over the next three years, in what will be the football competition's largest ever overseas broadcast deal. PPTV is a unit of Suning Holdings Co, who bought a majority stake in Italian football g
Read moreSector movers: Investors catch their breath after sharp rotation towards cyclicals, ponder next move
11th Nov 2016 21:56
(ShareCast News) - Defensives and so-called 'bond proxies' took over from cyclicals such as aerospace and defence or industrial engineers following two days of gains for the latter after the unexpected election results Stateside. That had left some cyclicals technically 'overbought' while "defensive
Read moreSunday share tips: British American Tobacco, BT Group, Luceco,
30th Oct 2016 16:11
(ShareCast News) - Buy shares in British American Tobacco, said the Sunday Times' Inside the City column as the cigarette maker tries to buy rival Reynolds American. Though the industry faces innumerable hurdles, cigarette companies keep rewarding those hooked on yield. As BAT made a £4.56bn profit
Read moreFriday broker round-up
28th Oct 2016 15:33
(ShareCast News) - Barclays: JP Morgan keeps at neutral with a target price of 190p. Standard Life: Jefferies stays at buy, 391p target. Senior: Berenberg reiterates buy with a 220p target. Imperial Brands: Deutsche Bank reiterates buy with a 4600p target. ITV: Credit Suisse reiterates outperform
Read moreEE acquisition helps boost revenue at BT
27th Oct 2016 07:07
(ShareCast News) - Telecommunications provider BT Group announced its results for the second quarter and half year to 30 September on Thursday, with reported revenue up 35% for the quarter, and growth in underlying revenue - excluding transit adjusted for the acquisition of EE - up 1.1%. The FTSE 10
Read moreBT's pension deficit swells to £14.2bn, UBS says
19th Oct 2016 12:02
(ShareCast News) - Warning that BT Group's pension deficit has probably widened significantly, UBS cut its price target on the telecoms group and held its 'neutral' rating. UBS estimated the BT pension deficit now stands at £14.2bn on an actuarial basis, versus the £10.0bn disclosed by the trustees
Read moreTuesday broker round-up
18th Oct 2016 12:36
(ShareCast News) - BT Group: Goldman Sachs keeps at buy with a target price of 560p. Bellway: Canaccord reiterates buy, 2350p target. Standard Life: Barclays keeps at underweight with a 301p target. Debenhams: HSBC maintains reduce with a 50p target. Smiths Group: UBS keeps at neutral with a 1510
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