Canaccord Genuity raises target price on Clarkson
14th Jan 2025 10:45
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on shipping firm Clarkson from 4,300.0p to 4,500.0p on Tuesday, stating the firm was "well-positioned" to ride out volatility.
Read moreLondon close: Stocks fall after better-than-expected US payrolls
10th Jan 2025 16:11
(Sharecast News) - London stocks ended the week lower, with investors reacting to a better-than-expected US nonfarm payrolls report during the afternoon.
Read moreClarksons sees FY profit 'slightly ahead' of market expectations
10th Jan 2025 07:19
(Sharecast News) - Shipping services firm Clarkson said on Friday that results for the year to the end of December 2024 are set to be "slightly ahead" of current market expectations.
Read moreLondon close: Stocks finish week on positive note
22nd Nov 2024 16:06
(Sharecast News) - London's equity markets ended the week on a high note, as investors digested an improvement in UK consumer confidence, even as other indicators such as business output and retail sales painted a more challenging picture.
Read moreBerenberg starts coverage of Clarksons at 'buy', shares rally
22nd Nov 2024 10:56
(Sharecast News) - Clarksons shares rallied on Friday as Berenberg started coverage of the shipping services firm with a 'buy' rating and 5,075p price target.
Read moreLondon 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.
Read moreClarksons 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.
Read moreClarksons 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.
Read moreCanaccord 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.
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