Berenberg remains 'cautious' on UK housebuilders
25th Nov 2022 07:22
(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Read moreCrest Nicholson defers opening of third division on economic worries
17th Nov 2022 07:42
(Sharecast News) - UK house builder Crest Nicholson said it was deferring the opening of a third business division due to economic uncertainty, but added that that annual earnings would be within guidance.
Read moreJefferies slashes targets for UK housebuilders to reflect downturn scenarios
25th Oct 2022 11:03
(Sharecast News) - Analysts at Jefferies took an axe to their target prices for several of the UK's largest homebuilders, telling clients that bottom fishing in the sector might prove premature as industry data had yet to reveal the full extent of the recent financial and political turmoil.
Read moreTruss to announce stamp duty cut - report
21st Sep 2022 08:42
(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty.
Read moreDirector dealings: Crest Nicholson CEO makes £0.2m investment
13th Sep 2022 13:56
(Sharecast News) - Crest Nicholson was in the red in late trading on Tuesday, after its chief executive officer bought almost £0.2m worth of shares.
Read moreBerenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreHousebuilders slump as HSBC warns over downturn
2nd Sep 2022 14:10
(Sharecast News) - London-listed housebuilders were under the cosh on Friday after HSBC downgraded a raft of key names in the sector, cautioning over a downturn ahead.
Read moreCrest Nicholson raises outlook on higher prices
14th Jun 2022 07:43
(Sharecast News) - UK house builder Crest Nicholson on Tuesday raised its full-year outlook, despite swinging to an interim loss due to an exceptional charge and said it expected to counter cost inflation with higher selling prices.
Read moreTom Nicholson agrees to depart Crest Nicholson
27th May 2022 10:24
(Sharecast News) - Crest Nicholson announced a restructure of its executive leadership team on Friday, with chief operating officer Tom Nicholson to depart the company and the position to be left vacant.
Read moreBerenberg reiterates 'buy' rating on Crest Nicholson
6th Apr 2022 15:24
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on Crest Nicholson on Wednesday after the group became the first listed housebuilder to sign up to the government's Building Safety Programme.
Read morePersimmon signs UK cladding pledge, reiterates cost estimate
5th Apr 2022 11:19
(Sharecast News) - Persimmon said it signed the UK government's pledge to make properties safe following the Grenfell Tower fire and stuck to its £75m estimate for the cost of carrying out the work.
Read moreCrest Nicholson says cladding deal to cost up to £120m
5th Apr 2022 07:29
(Sharecast News) - Crest Nicholson said the extra cost of dealing with dangerous cladding on properties it built would be up to £120m after the government widened the list of affected homes.
Read moreCrest Nicholson performing strongly as high demand continues
22nd Mar 2022 07:44
(Sharecast News) - Crest Nicholson reported a "strong trading performance" since the start of its financial year in an update on Tuesday, amid "favourable" housing market conditions.
Read moreCrest Nicholson returns to post-tax profit in strong housing market
19th Jan 2022 09:32
(Sharecast News) - Crest Nicholson reported revenue of £786.6m in its preliminary results on Wednesday, up from £677.9m year-on-year, which it put down to strategic progress and the underlying strength of the housing market.
Read moreJPMorgan downgrades Countryside Properties, upgrades Crest Nicholson
10th Dec 2021 11:11
(Sharecast News) - JPMorgan Cazenove downgraded Countryside Properties but upgraded Crest Nicholson on Friday as it took a look at the UK housebuilding sector.
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