Sector movers: Household and personal goods names move higher
2nd Feb 2017 15:22
(ShareCast News) - As expected, in its latest Inflation Report the Monetary Policy Committee did bump its growth forecasts, but in an unexpected twist it also trimmed its medium-term forecast for inflation, sending yields on the benchmark 10-year Gilt spiralling lower by seven basis points to 1.38%.
Read moreLondon close: Miners propel FTSE 100 higher as industrial metals surge
22nd Nov 2016 16:34
(ShareCast News) - London equities ended Tuesday on a sharply higher note with major miners storming ahead in tandem with soaring industrial metals prices, and followed by a string of banks and insurers. US interest rate-touch utilities were firmly higher, too. FTSE 100 closed the session up 0.62%
Read moreCompass sent south as markets react harshly to solid results
22nd Nov 2016 08:09
(ShareCast News) - Full year results from Compass hit their target as North American strength offset a challenging final quarter in Europe and further afield, while the catering giant said growth next year will be weighted to the second half. Revenues of £19.6bn in the year to 30 September were 11.5
Read moreCobham appoints Wareing chairman as Devaney steps down
22nd Nov 2016 07:57
(ShareCast News) - FTSE 250 aerospace and defence group Cobham said chairman John Devaney will step down from his role with effect from 31 December, to be replaced by Michael Wareing, who is currently the company's senior independent director. This follows the appointment of David Lockwood as chief
Read moreMonday broker round-up
7th Nov 2016 11:39
(ShareCast News) - Acacia Mining: JP Morgan keeps at overweight with a target price of 620p. Indivior: Jefferies stays at buy, 450p target. Centrica: Berenberg reiterates buy with a 240p target. South 32: Deutsche Bank reiterates hold with a 122p target. Glencore: JP Morgan keeps at neutral with
Read moreBroker tips: Compass, Prudential, Inmarsat
7th Nov 2016 11:03
(ShareCast News) - Jefferies on Monday downgraded its rating on Compass Group to 'hold' from 'buy' but raised its target price to 1,475p from 1,450p ahead of the catering company's full year results later this month. "Although Compass is a quality compounder with attractive total shareholder return
Read moreJefferies downgrades Compass to 'hold' from 'buy'
7th Nov 2016 10:04
(ShareCast News) - Jefferies on Monday downgraded its rating on Compass Group to 'hold' from 'buy' but raised its target price to 1,475p from 1,450p ahead of the catering company's full year results later this month. "Although Compass is a quality compounder with attractive total shareholder return
Read moreDirectors dealings: Compass Group's North American COO unloads over a quarter of his stake
29th Sep 2016 17:53
(ShareCast News) - Compass Group's chief operating officer for North America, Gary Green, unloaded over a quarter of the stock he held in the catering services outfit. Green off-loaded 100,000 shares in the catering group at an individual price of 1,498.33p, for a total disbursement of £1,498,330.31
Read moreJPMorgan upgrades Compass to 'overweight'
14th Sep 2016 08:29
(ShareCast News) - JPMorgan Cazenove upgraded Compass Group to 'overweight' from 'neutral' and lifted the price target to 1,580p from 1,380p. "With the 20.5% year-to-date rally predominantly reflecting 12.3% FX upgrades, a marked underperformance since July, and the stock still trading in line with
Read moreMonday broker round-up
5th Sep 2016 15:25
(ShareCast News) - BAE systems: Goldman Sachs reiterates buy with a target price of 671p. Morrison: Jefferies maintains buy with a 210p target. Compass Group: UBS keeps at neutral with a 1485p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Cobham: Goldman Sachs keeps at n
Read moreCompass confident after third quarter growth
28th Jul 2016 09:15
(ShareCast News) - Compass posted a third quarter trading update on Thursday, and said it continues to have a good year, with organic revenue growth of 5.6% for the nine months to 30 June 2016. The FTSE 100 firm said its focus on growth is driving strong levels of new business wins and retention rem
Read moreBroker tips: Aveva, Compass, Petra Diamonds
8th Jul 2016 10:40
(ShareCast News) - Aveva Group's shares jumped on Friday as Numis reiterated a 'buy' rating and target price of 1,910p. The information technology group said it could benefit from a potentially sizeable currency gain for the full year due to weakness of sterling since the EU referendum. The company
Read moreCompass target price lifted and 'buy' rating maintained by Canaccord
8th Jul 2016 09:33
(ShareCast News) - Compass Group's 'buy' rating was left unchanged and its target price was lifted to 1,645p from 1,425p by Canaccord Genuity on Friday. Canaccord said it was upgrading its forecasts and target price on the catering company to reflect the benefits from a weaker sterling post-Brexit a
Read moreCompass' ratings affirmed by Fitch
16th May 2016 16:22
(ShareCast News) - Food-services company Compass' long-term issuer default rating and senior-unsecured rating of 'A-' have been affirmed by Fitch Ratings, which cited its steady demonstrated operating performance. Fitch said Compass's outlook was stable. The credit-ratings firm further noted Compas
Read moreBroker tips: Antofagasta, ITV, Compass
12th May 2016 15:39
(ShareCast News) - Antofagasta's shares were under pressure on Thursday after Canaccord Genuity cut its full year earnings forecast for the miner. Canaccord said the company's first quarter production for copper, gold and molybdenum were below its estimates. "First quarter cash costs also disappoin
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