25th Nov 2018 16:40
(Sharecast News) - In her 'Inside the City' column for the Sunday Times this week, Sabah Meddings focussed on housebuilder Bovis, opening with the March quip from new chief executive Geoff Fitzgerald that the company had got its "mojo" back.
Read more12th Sep 2018 15:11
(Sharecast News) - Some housebuilding stocks are looking oversold, analysts at Barclays said on Wednesday, as the sector's trading has remained robust but investors have been spooked by political and economic issues.
Read more10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read more6th Sep 2018 07:20
(Sharecast News) - Bovis Homes posted a 41% jump in first-half pre-tax profit on Thursday as completions rose and the housebuilder said it was targeting a record year of profits, at the top end of its expectations following a robust summer.
Read more29th Aug 2018 13:33
(Sharecast News) - Barratt Developments: Citigroup upgrades to buy with a target price of 634p.
Read more25th Jul 2018 10:31
(Sharecast News) - Berenberg initiated coverage of a host of housebuilders on Wednesday at buy' and 'hold' ratings, after the sector has endured a tough 2018 and with shares down 16% amid concerns about cooling house price inflation and rising build costs.
Read more8th Feb 2017 15:08
(ShareCast News) - Homebuilders and food processors were again at the top of the leaderboard on Wednesday, alongside interest rate-sensitive issues such as telecoms outfit Vodafone and utilities. Banks on the other hand retreated precisely due to the fall in benchmark Gilt yields. To take note of i
Read more8th Feb 2017 11:40
(ShareCast News) - HSBC kept 'buy' recommendations on all the UK housebuilding stocks it covers, as the government's housing white paper contains "few measures that would upset the expected delivery of homes" from the major developers, with Bellway and Bovis offering the most upside. A note from Num
Read more22nd Jan 2017 15:04
(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read more9th Jan 2017 07:38
(ShareCast News) - FTSE 250 housebuilder Bovis Homes said on Monday that its chief executive, David Ritchie, will step down from the company with immediate effect but will stay on until February to help with the transition process. Bovis, which posted three profit warnings under Ritchie's watch, has
Read more4th Jan 2017 15:52
(ShareCast News) - RBC Capital Markets upgraded Royal Dutch Shell to 'outperform' from 'sector perform', keeping the price target at 2,500p. The bank said the recent OPEC and non-OPEC supply deals have put the oil market on a much firmer footing, removing some of its tail-risk concerns for the oil g
Read more4th Jan 2017 14:30
(ShareCast News) - British American Tobacco: UBS reiterates hold with a target price of 5150p. Bovis: Jefferies reiterates hold, 886p target. Royal Dutch Shell: RBC upgrades to outperform with a 2500p target. Imperial Brands: Berenberg reiterates buy with a 4280p target. Barratt Developments: Deu
Read more4th Jan 2017 12:14
(ShareCast News) - Deutsche Bank has highlighted the "significant" value in the UK housebuilders sector, singling out Taylor Wimpey as its top pick and upgrading McCarthy & Stone onto its 'buy' list. Noting that investor appetite for UK focused stocks has subsided in light of risks around Brexit, De
Read more4th Jan 2017 08:48
(ShareCast News) - Jefferies downgraded British housebuilder Bovis Homes to 'hold' from 'buy' and lowered its price target to 886p from 1,110p. Bovis has been unable to cope with an increase in the demand for houses falling short on the number of homes it hoped to deliver by year end, with 180 homes
Read more28th Dec 2016 07:07
(ShareCast News) - FTSE 250 housebuilder Bovis Homes warned that volume delivery for the year is expected to be lower than anticipated and that there will be a "modest" reduction in the operating margin. Volume delivery for the year ended 31 December is expected to be between 3,950 and 4,000 homes,
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