Canaccord Genuity raises target price on Clarkson
5th Mar 2024 16:13
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on shipping services firm Clarkson from 4,325.0p to 4,500.0p on Tuesday after the group delivered a 23% incremental pre-tax profit margin in FY23, lower tax, and a dividend per share of 102.0p with still sizeable net free cash balances at end of the trading year.
Read moreLondon close: Stocks languish ahead of Wednesday's Budget
4th Mar 2024 15:29
(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.
Read moreClarksons posts record full-year profits
4th Mar 2024 08:50
(Sharecast News) - Shipping broker Clarksons posted record full-year profits on Monday.
Read moreLondon close: Stocks finish red after US payrolls beat
5th Jan 2024 17:38
(Sharecast News) - London stocks ended the trading day in negative territory on Friday as investors considered the latest UK construction data and a fresh non-farm payrolls report out of the US.
Read moreClarkson has further upside after 1H results, Canaccord says
8th Aug 2023 13:34
(Sharecast News) - Canaccord Genuity has lowered its price target for Clarkson after the shipping company's first-half results this week, but says that stock is still a 'buy' following recent falls.
Read moreBroking unit drives Clarkson H1 profit
7th Aug 2023 07:01
(Sharecast News) - Shipping services specialist Clarkson reported a sharp jump in first-half profit, driven by a strong performance in its broking division, but warned that it was starting to see rates softening in some sectors.
Read moreClarksons hails 'positive' start to year as broking division shines
11th May 2023 12:32
(Sharecast News) - Shipping services firm Clarksons backed its full-year outlook on Thursday as it hailed a "positive" start to the year, with the broking division still the main driver of revenue and profit.
Read moreCanaccord Genuity hikes target price on Clarkson
16th Mar 2023 11:33
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on shipping Clarkson from 4,040.0p to 4,325.0p on Thursday, citing cash-backed "quality" earnings per share.
Read moreClarkson annul earnings surge on strong broking performance
6th Mar 2023 07:03
(Sharecast News) - Shipping services company Clarkson reported a sharp rise in annual earnings, driven by a strong performance in its broking division.
Read moreCanaccord Genuity initiates coverage on Clarkson at 'buy'
12th Jan 2023 10:21
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on shipping services firm Clarkson with a 'buy' rating and 4,040.0p target price on Thursday, citing both "progress and profit".
Read moreClarkson sees FY results ahead of market expectations
6th Jan 2023 07:15
(Sharecast News) - Shipping services firm Clarkson said on Friday that results for the year to the end of December were set to be ahead of current market expectations.
Read moreSunday share tips: Clarkson, Inspecs
14th Aug 2022 17:36
(Sharecast News) - The Financial Mail on Sunday's Midas column recommended investors book some profits on Clarkson following the shares' nearly ten-fold rise under the stewardship of chief executive officer Andi Case.
Read moreBroking unit buoys profits at Clarkson
8th Aug 2022 07:05
(Sharecast News) - Shipping services company Clarkson reported a jump in interim profit, driven by its broking division.
Read moreFTSE 250 movers: JD Wetherspoon plumbs fresh low, Clarkson at technical resistance
13th Jul 2022 17:10
(Sharecast News) - JD Wetherspoon led the second-tier index lower following an update that analysts at ShoreCap said revealed "sluggish" trading.
Read moreClarkson H1 underlying pre-tax profits to hit £42m amid 'strong' trading
13th Jul 2022 07:02
(Sharecast News) - Shipping services group Clarkson said on Wednesday that it now expects to report unaudited underlying pre-tax profits of no less than £42.0m for the six months ended 30 June.
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