Director dealings: Crest Nicholson chairman ups stake after profit warning
22nd Oct 2018 16:17
(Sharecast News) - Crest Nicholson executive chairman Stephen Stone purchased 150,000 ordinary shares in the FTSE 250 housebuilder on Monday.
Read moreMonday broker round-up
22nd Oct 2018 12:35
(Sharecast News) - British Land: Credit Suisse downgrades to underperform with a target price of 620p.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read moreAnalysts try to see positives after Crest Nic warning
17th Oct 2018 13:32
(Sharecast News) - After housebuilder Crest Nicholson issued another profit warning on Wednesday, analysts were disappointed but tried to look for the positives.
Read moreWednesday broker round-up
17th Oct 2018 12:55
(Sharecast News) - Crest Nicholson: Liberum downgrades to hold with a target price of 331p.
Read moreCrest Nicholson warns on profits, announces CFO departure
17th Oct 2018 07:22
(Sharecast News) - FTSE 250 housebuilder Crest Nicholson warned on Wednesday that full-year profits will be lower than expected and margins will be below previous guidance, as it announced the departure of its chief financial officer.
Read moreHousebuilders more robust than given credit for, says Barclays
12th Sep 2018 15:11
(Sharecast News) - Some housebuilding stocks are looking oversold, analysts at Barclays said on Wednesday, as the sector's trading has remained robust but investors have been spooked by political and economic issues.
Read moreBerenberg points out value in UK housebuilders
25th Jul 2018 10:31
(Sharecast News) - Berenberg initiated coverage of a host of housebuilders on Wednesday at buy' and 'hold' ratings, after the sector has endured a tough 2018 and with shares down 16% amid concerns about cooling house price inflation and rising build costs.
Read moreFTSE 100 movers: Mining shares slide, housebuilders rally
8th Feb 2017 14:57
(ShareCast News) - The FTSE 100 fell 0.41% to 7,156.95 points in Wednesday afternoon trade, led by mining shares. BHP Billiton was the top faller following reports workers at its Escondida copper mine in Chile vowed to start an indefinite strike on Thursday after the miner failed to produce an agree
Read moreAnalysts mostly bullish on houseuilders after housing White Paper
8th Feb 2017 11:40
(ShareCast News) - HSBC kept 'buy' recommendations on all the UK housebuilding stocks it covers, as the government's housing white paper contains "few measures that would upset the expected delivery of homes" from the major developers, with Bellway and Bovis offering the most upside. A note from Num
Read moreWednesday broker round-up
25th Jan 2017 09:59
(ShareCast News) - Paddy Power: Barclays reiterates Overweight with a target price of 110p. Reckitt Benckiser: Berenberg upgrades to Buy with a target price of 7,900p. Crest Nicholson: Deutsche Bank reiterates Hold with a target price of 564p. BT Group: Citi reiterates Buy with a target price of 4
Read moreCrest Nicholson hits £1bn sales target
24th Jan 2017 08:54
(ShareCast News) - Housebuilder Crest Nicholson Holdings has bounced back from a drop in the demand for houses post Brexit-vote by achieving its £1bn annual sales target for the year end. The FTSE 250 company recorded statutory revenues of £997m plus £3.3bn through joint ventures for the 12 month
Read moreCrest Nicholson appoints Robert Allen as group FD
10th Jan 2017 14:59
(ShareCast News) - FTSE 250 housebuilder Crest Nicholson has appointed Robert Allen as group finance director, succeeding Patrick Bergin, who was appointed chief operating officer back in November. Allen joins the company from British American Tobacco, where he held a number of finance roles, most r
Read moreBroker tips: Shell, Bovis Homes, housebuilders
4th Jan 2017 15:52
(ShareCast News) - RBC Capital Markets upgraded Royal Dutch Shell to 'outperform' from 'sector perform', keeping the price target at 2,500p. The bank said the recent OPEC and non-OPEC supply deals have put the oil market on a much firmer footing, removing some of its tail-risk concerns for the oil g
Read moreHousebuilders climb as Deutsche highlights sector's value, yields, risks
4th Jan 2017 12:14
(ShareCast News) - Deutsche Bank has highlighted the "significant" value in the UK housebuilders sector, singling out Taylor Wimpey as its top pick and upgrading McCarthy & Stone onto its 'buy' list. Noting that investor appetite for UK focused stocks has subsided in light of risks around Brexit, De
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