Housebuilders rally as BoA Merrill says risks priced in, upgrades sector
11th Jan 2019 10:04
(Sharecast News) - Housebuilders were the star performers on the FTSE 100 on Friday as Bank of America Merrill Lynch upped its stance on the sector to 'neutral' from 'underperform' and boosted its ratings on several stocks, saying the risks are now priced in.
Read moreHousebuilders look attractive to Canaccord, but depends on macro
14th Dec 2018 13:01
(Sharecast News) - There are some "extremely attractive" valuations among housebuilders but this is balanced by macroeconomic risk that are "exceptionally high", said broker Canaccord Genuity on Friday.
Read moreLiberum ups Barratt, Bovis and Crest Nicholson to 'buy'
6th Dec 2018 14:01
(Sharecast News) - Liberum upped its stance on Barratt Developments, Bovis Homes and Crest Nicholson on Thursday, arguing that there is at least 20% upside if a smooth Brexit materialises.
Read moreFTSE 250 movers: Thomas Cook back from the dead as Spire slumps
5th Dec 2018 14:41
(Sharecast News) - London's FTSE 250 was up 0.07% at 18,341.83 in afternoon trade on Wednesday, as Thomas Cook staged a desperate recovery after a series of negative sessions.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreBellway profit rises as completions breach 10,000 amid strong demand
16th Oct 2018 07:31
(Sharecast News) - FTSE 250 housebuilder Bellway reported a rise in full-year profit and revenue on Tuesday as completions breached the 10,000 mark for the first time amid strong demand.
Read moreThursday broker round-up
30th Aug 2018 13:50
(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p
Read moreDeutsche Bank upgrades Bellway, says current price good entry point
30th Aug 2018 11:31
(Sharecast News) - Bellway was on the rise on Thursday as Deutsche Bank upped it to 'buy' from 'hold' and lifted the price target to 3,745p from 3,716 as it took a look at the UK housebuilding sector.
Read moreDeutsche Bank upgrades Bellway, says current price good entry point
30th Aug 2018 11:31
(Sharecast News) - Bellway was on the rise on Thursday as Deutsche Bank upped it to 'buy' from 'hold' and lifted the price target to 3,745p from 3,716 as it took a look at the UK housebuilding sector.
Read moreBerenberg selects its top-picks in UK construction
24th Aug 2018 13:27
(Sharecast News) - Analysts at Berenberg sounded a positive note on several of the UK's main housebuilders, arguing that investors' concerns were overdone in several respects, including the sustainability of the dividend payouts from the sector, the impact declines in "average" house prices might have and buyer affordability.
Read moreMonday broker round-up
13th Aug 2018 13:25
(Sharecast News) - Clarkson: Liberum upgrades to buy with a target price of 3,200p.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreBellway breaks through 10,000 homes barrier but warns over house price growth
8th Aug 2018 07:26
(Sharecast News) - FTSE 250 housebuilder Bellway said on Wednesday that it has broken through the 10,000 homes barrier for the first time as it reported a jump in full-year revenue and highlighted "favourable" trading conditions, but warned over slowing house price growth.
Read moreBerenberg points out value in UK housebuilders
25th 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 moreSector movers: Drop in bond yields sees interest rate-sensitive names gain
8th 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
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