CMA clears CareTech's £372m acquisition of Cambian
8th Feb 2019 08:01
(Sharecast News) - The Competition and Markets Authority has unconditionally cleared CareTech's £372m acquisition of Cambian Group.
Read moreThursday broker round-up
16th Aug 2018 13:09
(Sharecast News) - Esure Group: UBS upgrades to neutral with a target price of 280p.
Read moreCareTech agrees to buy Cambian for up to £372m
16th Aug 2018 09:34
(Sharecast News) - Social care services group CareTech has agreed to buy rival Cambian for either 190p per share in cash or 100p per share in cash and 0.267 shares.
Read moreCambian to sell adult services business for £377m
5th Dec 2016 10:55
(ShareCast News) - Behavioural health service provider Cambian has agreed to dispose of its adult services business to Universal Health Services for £377m in cash. The price represent an enterprise valuation of around 2.9x full-year 2015 revenue of £129.5m for the adult services business. Cambian s
Read moreCambian Group revenue up on increased occupancy
14th Sep 2016 10:39
(ShareCast News) - Care facility provider Cambian Group posted its half-year results for the six months to 30 June on Wednesday, with revenue growth of 14% to £160.0m, which it put down to increased occupancy. The London-listed company reported adjusted EBITDA of £22.0m, up from £15.9m, which it sai
Read moreCambian trading in-line with directors' views
6th Jun 2016 12:39
(ShareCast News) - Specialist behavioural health service provider Cambian continues to trade in line with its directors' expectations as it implements and sees benefits from its remedial-action programme, sending its shares up almost 4%. Chairman Christopher Kemball also said that despite the challe
Read moreWednesday broker round-up
27th Apr 2016 15:32
(ShareCast News) - BP: Barclays reiterates overweight with a 550p target, Credit Suisse keeps at underperform with a target of 330p, Cannacord stays at buy with a 420p target and Exane BNP Paribas reiterates neutral with a target of 350p. Cambian Group: Canaccord downgrades to hold with a 91p target
Read moreFriday broker round-up
12th Feb 2016 15:24
(ShareCast News) - Cambian Group: Berenberg downgrades to hold with a target of 60p. Shaftesbury: Credit Suisse upgrades to outperform with a target price of 945p. Acacia Mining: UBS and Deutsche Bank reiterate buy with a target of 275p and 280p respectively. Ashmore: Citigroup stays at buy with a
Read moreWednesday broker round-up
10th Feb 2016 16:22
(ShareCast News) - Virgin Money: Nomura starts coverage at buy with a target of 445p. Domino's Pizza: Credit Suisse upgrades to outperform with a target price of 1100p. BBA Aviation: Goldman Sachs downgrades to neutral with 181p target. Greencore: Societe Generale reiterates hold with a 386p targe
Read moreCambian slumps as it warns on 2015 earnings
9th Feb 2016 12:25
(ShareCast News) - Cambian Group shares were under pressure on Tuesday after the company said its earnings for 2015 would be lower than previously expected. The company, which provides health, education and care services, said adjusted earnings before interest, taxes, depreciation and amortisation w
Read moreCambian Group chief tries to reignite confidence in company
9th Nov 2015 14:50
(ShareCast News) - Cambian Group's chief executive officer is doing his bit to give investors confidence in the company. The value of the shares has dropped over 45% since the company issued a trading update on 22 October. The behavioural health services company said it believes that underlying EBI
Read moreCambian downgrades full-year forecasts on higher costs
22nd Oct 2015 14:33
(ShareCast News) - Cambian said on Thursday that its full-year results will be lower than previously expected due to a significant increase in organic investment. The behavioural health services company said it believes that underlying earnings before interest, taxes, depreciation and amortisation
Read moreCambian Group swings to profit, exceeds capacity expectations
26th Aug 2015 10:19
(ShareCast News) - Behavioural health services provider Cambian Group swung to a pre-tax profit as its expansion plans exceeded expectations. The company posted first half pre-tax profit of £10m, from a loss £11.8m in the same period last year. Revenue was up by more than 20% to £140.9m from £116
Read moreCambian acquires fostering group By the Bridge for £26m
27th Mar 2015 08:50
Specialist behavioural health services provider Cambian Group has completed the acquisition of fostering and residential care company By the Bridge for £36m. Initially, the deal will be funded by debt and Cambian said it had increased its bank facilities to £35m after completing the transaction. Ho
Read moreTuesday broker round-up UPDATE
20th May 2014 07:58
Alent: UBS lowers target price from 360p to 355p and keeps a buy recommendation. APR Energy: Investec reduces target price from 1150p to 880p and stays with its hold recommendation. ARM Holdings: Goldman Sachs reduces target price from 1450p to 1400p and stays with its buy recommendation. AVEVA H
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