Tuesday broker round-up
10th May 2016 15:38
(ShareCast News) - Foxtons: Citigroup upgrades to neutral with a 140p target. RBS: HBSC retains hold with a 240p target. Croda: JP Morgan keeps at overweight with a 3314p target. Aberdeen Asset Management: Goldman Sachs reiterates neutral with a target of 294p. Bovis Homes: Canaccord reiterates b
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 moreCroda first-quarter sales up 7.7%; outlook reaffirmed
27th Apr 2016 07:36
(ShareCast News) - Croda International reported a rise in first-quarter sales and reaffirmed its outlook for the full year amid continued growth in the group's core businesses. The FTSE 250 company, which manufactures speciality chemical ingredients, said sales rose 7.7% in the first quarter to the
Read moreThursday broker round-up
14th Apr 2016 14:09
(ShareCast News) - Metro Bank: Goldman Sachs reiterates neutral with a target price of 2080p. Burberry: Credit Suisse stays at underperform with a target price of 1050p. JD Sports: Investec keeps at buy with a target price of 1420p and Cantor Fitzgerald reiterates buy with a target of 1400p. Tesco
Read moreWednesday broker round-up
9th Mar 2016 16:26
(ShareCast News) - Worldpay: Jefferies reiterates buy with a target price of 340p and Goldman Sachs keeps at buy with a target price of 400p. Burberry: HSBC downgrades to hold, 1500p target. Croda International: Goldman Sachs downgrades to neutral with a target price of 3300p. Ashtead: Credit Suis
Read moreWednesday broker round-up
2nd Mar 2016 16:45
(ShareCast News) - Just Eat: JP Morgan reiterates overweight with a target price of 393p and Investec reiterates buy with a target price of 479p. Capital & Counties Properties: Morgan Stanley downgrades to underweight with a target price of 330p. Rightmove: Jefferies upgrades to hold with a target
Read moreCroda International proposes special dividend following strong results
23rd Feb 2016 09:31
(ShareCast News) - Croda International has seen record reported sales for the year to 31 December 2015, which is prompting the company to return large dividends to its shareholders. The FTSE 250 chemical ingredients company posted £1.082bn of sales for the year, up from £1.047bn the previous year.
Read moreMonday broker round-up
15th Feb 2016 18:27
(ShareCast News) - Hargreaves Lansdown: Shore Capital upgrades to buy. Antofagasta: Peel Hunt Limited downgrades to hold with a target price of 425p. Atkins: Citigroup upgrades to neutral with a target of 1160p, from 1120p. Hays: HSBC upgrades to buy with a 155p target. IAG: Bank of America upgra
Read moreBroker tips: RBS, Croda, Sage
27th Jan 2016 10:43
(ShareCast News) - Shore Capital reiterated its 'buy' rating on Royal Bank of Scotland after the bank reported a surprise hit to its balance sheet as part of a clean-up plan. In an unscheduled trading update, RBS confirmed it would make a loss for 2015 and announced a large clean-up in the fourth qu
Read moreExane cuts Croda International to underperform
27th Jan 2016 09:15
(ShareCast News) - Exane BNP Paribas has cut Croda International from 'neutral' to 'underperform', citing tougher competition, slower growth and lower margins. The investment bank said on Wednesday that the competitive environment the chemicals company operates in has structurally changed. "Croda a
Read moreJP Morgan advises caution on European chemicals until second half
15th Jan 2016 11:50
(ShareCast News) - European chemicals companies will be hit by a wave of external factors this year, so investors should seek refuge in the form of the handful of firms that might still manage to generate profits, albeit modest ones, JP Morgan said. It was unlikely that consumer demand would help to
Read moreCroda International acquires seed enhancement business
1st Dec 2015 07:17
(ShareCast News) - Croda International has announced it will acquire Netherlands based independent seed enhancement company Incotec Group. The FTSE 250 company announced the deal in a statement on Tuesday, which is valued at €155m (£109m) inclusive of debt. Incotec develops and supplies a wide rang
Read moreLondon pre-open: Footsie to edge higher despite China PMIs
1st Dec 2015 07:15
(ShareCast News) - Stocks were expected to start the day moderately higher ahead of the release of a raft of manufacturing sector survey results from around the world. The Footsie was seen gaining up to 34 points at the start of the session from Monday's close of 6,356.09. In parallel, the Shanghai
Read moreCroda sales growth slows down, but still up on previous year
5th Nov 2015 08:28
(ShareCast News) - Croda International has seen a rise in sales for the third quarter, boosted by a number of the company's consumer facing sectors. The FTSE 250 chemical company posted a trading update for the three months to 30 September. Sales for the quarter rose by 2.3% compared to 2014, howev
Read moreLondon open: Stocks gain despite hawkish Fed remarks
21st Sep 2015 09:22
(ShareCast News) - Stocks recovered after opening in the red, despite rather hawkish comments over the weekend from at least two top-ranking officials at the US Federal Reserve. Speaking on Saturday, the president of the San Francisco Fed, John Williams, said he believes it remains appropriate to ra
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