Thursday broker round-up
18th Aug 2016 09:43
(ShareCast News) - Admiral Group: RBC reiterates underperform with a target price of 1600p. Laird: Berenberg maintains sell with a 230p target. BGEO Group: UBS reiterates neutral with a 2960p target. ICAP: Exane BNP Paribas upgrades to outperform with a 510p target. Poundland: Credit Suisse keeps
Read moreMonday broker round-up
18th Jul 2016 13:20
(ShareCast News) - Experian: Barclays reiterates overweight with a target price of 1,550p. Rentokil: HSBC upgrades to hold with a 190p target. Card Factory: UBS reiterates buy with a 295p target. Capital & Regional: HSBC starts coverage at buy with a 61p target. Unilever: Goldman Sachs reiterates
Read moreCapital & Regional portfolio mostly ahead in first half
13th Jul 2016 12:50
(ShareCast News) - Specialist property real estate investment trust Capital & Regional updated the market on its trading in the first half of 2016 on Wednesday, ahead of its half-year results announcement on 18 August. The London-listed firm said contracted rent was £63.6m as at 30 June, up 9.5% fro
Read moreRespite for high street as retail footfall rallies in May, BRC-Springboard shows
13th Jun 2016 10:04
(ShareCast News) - A rise in UK retail footfall in May provided some rare good news for the embattled sector, as the best monthly high street performance for three years outweighed a decline for shopping centres. Total footfall last month was 0.3% higher than the same month last year, according to B
Read moreDirector dealings: RSA's Hester shows confidence in turnaround
5th May 2016 15:23
(ShareCast News) - RSA Insurance chief executive Stephen Hester bought almost £0.5m worth of shares in the company just after first quarter results from the company showed his turnaround plan appeared to be working. Hester, who joined the insurer just over two years ago after a post-crash stint at R
Read moreCapital & Regional buys Hemel Hempstead shopping centre
13th Jan 2016 10:38
(ShareCast News) - Capital & Regional announced the acquisition of the Marlowes Shopping Centre in Hemel Hempstead along with the release of its second half trading update. The UK-focused specialist property REIT has exchanged contracts with Standard Life Investment for the acquisition of the shoppi
Read moreCapital & Regional director reshuffles investments
5th Oct 2015 16:07
(ShareCast News) - Capital & Regional's Hugh Scott-Barnett has been reshuffling his assets. The property management company chief executive sold 145,000 shares in the company for just under £0.1m, and then purchased 167,946 shares for just over £0.11 through a self-invested personal pension (SIPP) s
Read moreNumis upgrades Capital & Regional from add to 'buy' after first-half results
6th Jul 2015 10:12
Numis upgraded mall owner Capital & Regional from 'add' to 'buy' and upped its price target from 66p to 70p. Analyst Robert Duncan said the company's valuation performance was strong for the first half of 2015, as capital values rose 6.2% across the portfolio. The property firm had a stronger-than
Read moreLondon close: Stocks make modest gains in final session of 2014
31st Dec 2014 12:59
London shares finished the final session of 2014 on a positive note, but fell short of last year's closing mark amid lower oil prices and geopolitical turmoil. The FTSE 100 Index closed 19.09 points up at 6,566.09 in a shortened session due to New Year's Eve, down from the 6,749 it reached on the fi
Read moreLondon midday: Stocks trim gains ahead of early finish on NYE
31st Dec 2014 11:25
UK stocks had pared gains by midday but were still trading marginally in positive territory heading into the close on a shortened New Year's Eve session. The FTSE 100 was up 0.05% at 6,551 by noon on the last trading day of the year, but looks set to finish December down 2.6% - its worst December in
Read moreLondon open: Stocks rise but FTSE 100 on track for annual decline
31st Dec 2014 08:54
London's stock market rose on Wednesday after a sell-off the previous session, but still looked set to finish 2014 in the red. The FTSE 100 was up 0.2% at 6,559 on the last trading day of the year, but has fallen around 2.8% since the start of January. For the month of December alone, the Footsie h
Read moreLondon pre-open: Stocks tipped to rise in shortened NYE session
31st Dec 2014 07:41
Fears about a slowdown in China resurfaced on Wednesday, but UK stocks were still expected to rise on a shortened session following a sell-off the day before. City sources predict the FTSE 100 will open 23 points higher than Tuesday's close of 6,547. The index dropped 1.3% the previous session, sna
Read moreCapital & Regional set for tax breaks after converting to REIT
31st Dec 2014 07:19
Shopping centre developer Capital & Regional (C&R) is set to benefit from tax breaks after converting to a real estate investment trust (REIT). C&R said it had converted to a REIT with immediate effect from Wednesday following a resolution passed at the company's general meeting on 2 December which
Read moreMonday broker round-up
29th Dec 2014 09:10
Capital & Regional: Numis ups target price to 64p and keeps its 'buy' recommendation. Persimmon: Deutsche Bank raises target price from 1533p to 1586p and retains a 'hold' recommendation.
Read moreCapital & Regional takes step towards selling German property JV
29th Dec 2014 08:33
Shopping centre developer Capital & Regional (C&R) has exchanged contracts for the sale of its 50/50 German joint-venture with Ares Management to clients and funds under management of Rockspring Property Investment Managers. C&R said the sale would represent the last major step in its drive to re-fo
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