UBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Read moreHSBC upgrades housebuilders, says market downturn more than priced in
13th Apr 2023 08:11
(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.
Read moreBellway launches £100m share buyback as H1 profits fall
28th Mar 2023 07:17
(Sharecast News) - Bellway on Tuesday reported a fall in half-year profits against a tough economic backdrop and announced a £100m share buyback as customer demand improved in the current calendar year, helped by a seasonal uplift and a fall in mortgage rates.
Read moreBellway delivers 'robust' H1 performance
9th Feb 2023 07:19
(Sharecast News) - Property developer Bellway said on Thursday that it has delivered a "robust first half performance", with record completions of 5,695 homes and a 1.6% increase in average selling prices to £316,900.
Read moreJefferies downgrades Persimmon, upgrades Bellway
5th Dec 2022 09:20
(Sharecast News) - Jefferies downgraded Persimmon and Watkin Jones on Monday but upgraded Bellway as it took a look at UK housebuilders.
Read moreBerenberg remains 'cautious' on UK housebuilders
25th Nov 2022 07:22
(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Read moreBellway FY profits rise amid record revenues, but demand moderating
18th Oct 2022 07:23
(Sharecast News) - Housebuilder Bellway reported a jump in full-year profit on Tuesday amid record revenues and completions, but cautioned that demand was moderating.
Read moreTruss to announce stamp duty cut - report
21st Sep 2022 08:42
(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty.
Read moreBerenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreHome prices drive 13% rise in Bellway housing revenues
9th Aug 2022 07:28
(Sharecast News) - House builder Bellway on Tuesday reported a 13% rise in annual housing revenue rose, driven by strong home prices which offset pressure from higher costs.
Read moreBellway delivers 'another strong trading performance'
14th Jun 2022 08:14
(Sharecast News) - Housebuilder Bellway said on Tuesday that it had delivered "another strong trading performance" between 1 February and 5 June, with solid sales demand and ongoing positive price momentum continuing to offset cost inflation.
Read moreDirector dealings: Bellway chair linked to £0.51m buy, Henry Boot director transfers shares
8th Apr 2022 15:41
(Sharecast News) - Bellway was at the top of the list of buys on Friday, after a share purchase worth almost £0.51m was linked to its chairman.
Read moreBellway and Vistry set aside combined £350m for fire safety works
7th Apr 2022 07:58
(Sharecast News) - Bellway and Vistry said the extra cost of making buildings safe after the Grenfell Tower fire would be £300m and up to £50m respectively.
Read moreGovt said to have dropped demands on housebuilders for £4bn cladding fund
4th Apr 2022 11:15
(Sharecast News) - Shares of London-listed housebuilders rallied on Monday following a report the government is dropping its demand for them to contribute towards a £4bn cladding remediation fund.
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