London close: Stocks slide amid big global selloff

5th Aug 2024 16:46

(Sharecast News) - London's stock markets ended sharply lower on Monday, as part of a broader global market downturn.

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Clarksons posts drop in interim profits but lifts dividend, reiterates FY expectations

5th Aug 2024 07:16

(Sharecast News) - Shipping services firm Clarksons reiterated its expectations for the full year on Monday even as it posted a drop in interim profit and revenue.

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Clarksons still upbeat despite tough conditions for investment banking

9th May 2024 12:20

(Sharecast News) - Clarksons, which provides services and investment banking to the shipping industry and offshore markets, has said it made a positive start to the year and that full-year expectations remain unchanged despite "challenging" conditions in the financial division.

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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.

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London 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.

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Clarksons posts record full-year profits

4th Mar 2024 08:50

(Sharecast News) - Shipping broker Clarksons posted record full-year profits on Monday.

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London 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.

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Clarkson 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.

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Broking 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.

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Clarksons 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.

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Canaccord 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.

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Clarkson 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.

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Canaccord 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".

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Clarkson 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.

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Sunday 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.

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