Thursday newspaper share tips: Easyjet, Compass
12th May 2016 15:17
(ShareCast News) - The best is behind us in Easyjet shares as the cycle in the sector turns towards a typical phase of excess capacity, The Daily Telegraph's Questor column said. Increased capacity is naturally only a good thing if demand is growing just as quickly, otherwise it ends in tears as the
Read moreFTSE 100 movers: Compass marches north, grocers retreat on consumer crunch
12th May 2016 14:53
(ShareCast News) - The FTSE 100 index started weakly, built up steam and then lost it again on Thursday, sitting 0.8% lower at 6,113.32 late in session. Despite gold losing some of its lustre, Randgold Resources topped the pile while precious metals giant Fresnillio was another on the leaderb
Read moreBroker tips: Cape, Compass Group, Barratt Developments
11th May 2016 12:37
(ShareCast News) - A recent pull-back in the shares of Cape may have thrown up a "window of opportunity" for investors, Numis said. At the company's last annual shareholders' meeting, management reiterated its expectations for the industrial services provider's full-year 2016 performance. The compa
Read moreNumis reiterates 'hold' rating for Compass
11th May 2016 09:38
(ShareCast News) - Numis reiterated a 'hold' rating and target price of 1,150p for Compass after the food service company reported its first half results. Compass said underlying revenue grew 5.8% to £9.7bn in the six months to 31 March driven by a strong performance in North America. Increased sal
Read moreRevenue and earnings up at Compass
11th May 2016 07:56
(ShareCast News) - Underlying revenue grew 5.8% at foodservice and support firm Compass Group in its first half, it reported on Wednesday, with the figure totalling £9.7bn in the six months to 31 March. The FTSE 100 firm posted two profit figures - one before, and one after the restructuring which w
Read moreTuesday broker round-up
16th Feb 2016 17:53
(ShareCast News) - Mattioli Woods: Canaccord upgrades to buy,640p target and N+1 Singer upgrades to buy with a target of 630p. Connect Group: Shore Capital upgrades to buy. Servelec: invetec reiterates buy with a target of 400p and N+1 Singer keeps at buy, 360p target. Acacia Mining: JP Morgan sta
Read moreThursday broker round-up
4th Feb 2016 16:07
(ShareCast News) - Coca-Cola HBC: Barclays downgrades to underweight with a target of 1325p. TalkTalk: Goldman Sachs downgrades to neutral with a target of 271p. Paragon Group: JP Morgan downgrades to neutral and sets a 380p target. Antofagasta: Investec reiterates sell with a target of 305p. Ang
Read moreCompass enjoys sweet start as Europe improves
4th Feb 2016 07:11
(ShareCast News) - As growth in North America remains strong and Europe improves, catering group Compass served up a sweet start to the year, with sales growth increasingly slightly and margins expectations for the 2016 maintained. However the impact of currency movements sours the dish somewhat, wi
Read moreLondon close: Stocks gain on ECB stimulus hopes
21st Jan 2016 16:16
(ShareCast News) - UK stocks advanced on Thursday as European Central Bank President Mario Draghi hinted at further stimulus. In a press conference following the ECB's decision to keep its key rates unchanged, Draghi said the central bank would "review and reconsider" its monetary policy measures at
Read moreFTSE 100 movers: Investors happy with Pearson restructuring
21st Jan 2016 14:47
(ShareCast News) - The FTSE 100 recovered somewhat from the sell-off earlier in the week, with the blue chip market up 80.81 points (1.42%) mid-afternoon Thursday to 5,754.39. Pearson led the market despite warning over profits and saying it will hold its dividend, as investors welcomed the company'
Read moreFTSE 100 movers: Travis Perkins builds gains; Hikma slumps on generics business
2nd Nov 2015 14:21
(ShareCast News) - London's FTSE 100 was down 0.1% to 6,355.80 at 1445 GMT, as investors weighed up mixed Chinese manufacturing data against better-than-expected UK factory data, with broker notes providing much of the action. Hikma Pharmaceuticals slumped after lowering its guidance for the generic
Read moreMonday broker round-up
2nd Nov 2015 13:20
(ShareCast News) - Crest Nicholson Holdings: JP Morgan Cazenove upgrades to overweight, raises target price to 650.00p. Lancashire Holdings Limited: Citigroup downgrades to neutral. Target price: 675.00p. Easyjet: HSBC downgrades to reduce. Target price: 1600.00p. Barratt Developments: JP Morgan C
Read moreCompass moves south after Credit Suisse downgrade
2nd Nov 2015 10:03
(ShareCast News) - Compass Group slumped after Credit Suisse (CS) downgraded the catering company's stock to 'underperform' from 'neutral' and trimmed its target price to 1050p from 1,100p. The Swiss bank said it saw further risks to the group's fast growing and emerging (FG&E) market and lower grow
Read moreCompass announces management reshuffle
24th Sep 2015 07:40
(ShareCast News) - Catering and outsourcing company Compass Group announced a management reshuffle on Thursday. Andrew Martin, chief operating officer for Europe and Japan, will step down from the board on 1 December 2015, while current group finance director Dominic Blakemore will become the chief
Read moreBroker tips: Compass, Drax, Regus
20th Aug 2015 15:51
(ShareCast News) - Jefferies upgraded Compass Group to 'buy' from 'hold' and lifted the price target to 1,200p from 1,100p. It said the recent 15% pullback in the shares provides an opportunity to become more positive. It noted that Compass shares have dropped 15% since their April peak as the mark
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