JP Morgan upgrades Persimmon, downgrades Countryside Properties
15th Aug 2016 10:05
(ShareCast News) - UK housebuilding shares have fallen 25% since Britain voted to leave the European Union and the sector has priced in a 5% drop in house prices, J.P. Morgan Cazenove said on Monday. "However, while we think it's prudent to assume that transaction numbers will fall during 2017 (alth
Read moreFTSE quarterly review confirms raft of changes to 100 and 250 indices
2nd Jun 2016 08:00
(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
Read moreInmarsat set for FTSE demotion in quarterly review
31st May 2016 10:19
(ShareCast News) - Satellite communications company Inmarsat could be pushed out of the FTSE 100 by Hikma Pharmaceuticals in June, according to the FTSE Russell. Changes from the latest quarterly review of the FTSE 100, to be announced on Wednesday, will take place on Friday 17 June. Earlier this m
Read moreThursday broker round-up
19th May 2016 13:42
(ShareCast News) - Countryside Properties: JP Morgan reiterates overweight with a 280p target. SSP Group: Citigroup retains buy with a 340p target. Polymetal International: Jefferies keeps at underperform with a 520p target and UBS reiterates neutral with a target price of 675p and Deutsche Bank st
Read moreBroker tips: TUI, Countryside Properties, Hammerson
31st Mar 2016 10:45
(ShareCast News) - TUI AG's 'buy' rating and target price of €22.60 (£17.85) were left unchanged by Nomura after the company said summer holidays were higher than last year. The group said it is was on track to meet its target of growing core earnings by at least 10% this year as it reported a 2% in
Read morePeel Hunt starts Countryside Properties at 'buy'
31st Mar 2016 09:42
(ShareCast News) - Peel Hunt initiated coverage of Countryside Properties at 'buy' with a 290p price target. It said Countryside provides investors with an opportunity to invest in the specialist growth area of Partnership housing in London and the North West. "This business is differentiated, gene
Read moreJP Morgan Cazenove starts Countryside Properties at 'overweight'
24th Mar 2016 09:36
(ShareCast News) - JP Morgan Cazenove initiated coverage of Countryside Properties at 'overweight' with a 280p price target. It said the company was differentiated from its UK housebuilding peers by its higher growth aspirations and its Partnerships business, where it is a market leader in public-se
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