Thursday broker round-up
26th Jul 2018 13:01
(Sharecast News) - Beazley: Berenberg upgrades to buy with a target price of 640p.
Read moreCineworld revenue jumps as it hits record admissions levels
11th Jan 2017 07:51
(ShareCast News) - Cineworld reported a jump in total revenue for the year to the end of December 2016 as it reached record admissions levels and said its performance overall is expected to be in line with current market views. Total revenues in the period were up 12.6%, or 8.3% at constant currency
Read moreThursday broker round-up
5th Jan 2017 12:38
(ShareCast News) - Royal Dutch Shell B: UBS reiterates buy with a target price of 2500p. Aviva: JP Morgan reiterates overweight, 553p target. B&M European: HSBC reiterates buy with a 350p target. Breedon: Berenberg reiterates buy with a 85p target. Cobham: JP Morgan keeps at neutral with a 175p t
Read moreCineworld posts strong growth as it continues to expand
15th Nov 2016 07:59
(ShareCast News) - Cinema operator Cineworld posted a trading statement for the 45 weeks to 10 November on Tuesday, a period in which the group achieved strong revenue growth of 14.6%, with constant currency revenue growth of 10.8%. The FTSE 250 company said box office revenues increased by 8.5% on
Read moreThursday broker round-up
3rd Nov 2016 11:39
(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read moreBroker tips: Shire, Next, Cineworld
3rd Nov 2016 10:37
(ShareCast News) - Credit Suisse downgraded retailer Next to 'underperform' from 'neutral' and slashed the price target to 4,600p from 4,950p. The bank said it was becoming increasingly cautious about Next's ability to stabilise margins in an environment of rising opex and input costs, and with bran
Read moreHSBC initiates coverage of Cineworld with a 'buy' rating
3rd Nov 2016 09:23
(ShareCast News) - Cineworld Group's shares rose on Thursday as HSBC initiated coverage of the stock with a 'buy' rating and a target price of 720p. HSBC said Cineworld is a "UK cash cow" with the one of the market leading cinema chains in the nation. It has 115 sites generating more than £100m in e
Read moreUK cinemas enjoy box office boost in August
19th Sep 2016 12:58
(ShareCast News) - UK cinemas enjoyed their busiest August for five years, according to data out on Monday. Roughly 18.1m cinema tickets were sold in August, up 26% on the same month last year, according to Digital Cinema Media (DCM). The summer months usually see a slew of film releases for you
Read moreCineworld completes acquisition of five Empire sites
12th Aug 2016 07:50
(ShareCast News) - Movie theatre operator Cineworld Group confirmed on Friday that it has completed the acquisition of five cinemas from Cinema Holdings Limited, the holding company of Empire Cinema. The FTSE 250 company had initially flagged the acquisition on 28 July, with the deal being worth a t
Read moreCineworld interim profit hit by currency movements
11th Aug 2016 09:32
(ShareCast News) - Cineworld posted a drop in first-half profit as the company took a hit from adverse currency movements. In the six months to the end of June, pre-tax profit fell 34.6% to £30.6m as the group suffered adverse currency movements of £6.1m compared to an exchange rate gain of £8.9m in
Read moreCineworld buys five cinemas from Empire for £94m
28th Jul 2016 09:33
(ShareCast News) - Cinema operator Cineworld bought five cinemas from Empire Cinemas for about £94m and sold to Empire its three-screen cinema in Haymarket. Cineworld, which bought the cinemas from Empire's holding company Cinema Holdings, acquired the nine-screen Empire Leicester Square multiplex,
Read moreFriday broker round-up
20th May 2016 14:32
(ShareCast News) - Exova Group: Goldman Sachs reiterates buy with a 195p target. Grainger: Jefferies retains buy with a 215p target. Thomas Cook: JP Morgan keeps at neutral with a 90p target and Goldman Sachs reiterates sell with a target price of 72p. Serco Group: JP Morgan reiterates neutral wit
Read moreCineworld sees first half results in line as revenues grow
19th May 2016 08:53
(ShareCast News) - Cinema operator Cineworld said revenue for the 19 weeks to 12 May grew 9.8% year-on-year and it was confident of meeting expectations for the half year. A 7.6% rise in box office revenues came from strong attendances at films such as "Deadpool', "Batman vs Superman", "Captain Amer
Read moreMonday broker round-up
21st Mar 2016 18:26
(ShareCast News) - Gulf Keystone: Canaccord downgrades to sell with a target price of 14p. B&M European: UBS reiterates buy, 350p target. Ascential: Goldman Sachs reiterates buy with a target price of 278p and Exane BNP Paribas stays at neutral with a target price of 250p. Premaitha Health: Panmur
Read moreThursday broker round-up
10th Mar 2016 13:41
(ShareCast News) - Eagle Eye Solutions: Panmure Gordon downgrades to hold with a target price of 163p. Genel Energy: RBC downgrades to sector perform, 115p target. The Restaurant Group: Berenberg downgrades to hold with a target price of 550p, Goldman Sachs downgrades to neutral, 525p target, Citig
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