UBS downgrades ConvaTec amid slowing wound market
26th Oct 2018 10:32
(Sharecast News) - Medical products and technologies company ConvaTec fell on Friday as UBS downgraded the stock to 'neutral' from 'buy' and slashed the target price to 150p from 250p, pointing to a slowdown in the wound market - to which the group is over-exposed - and limited progress in the ostomy turnaround.
Read moreFTSE 250 movers: B&M boosted by acquisition as Provident Financial drops
22nd Oct 2018 14:46
(Sharecast News) - London's FTSE 250 index was down 0.1% to 18,783.75 in afternoon trade on Monday.
Read moreDirector dealings: Another Convatec director ups stake following profit warning
16th Oct 2018 16:25
(Sharecast News) - Convatec non-executive director Jesper Ovesen purchased 40,000 shares in the FTSE 250-listed medical products and technologies company on Tuesday.
Read moreJPMorgan downgrades Convatec after profit warning
16th Oct 2018 09:27
(Sharecast News) - JPMorgan downgraded medical equipment maker Convatec to 'neutral' from 'overweight' and cut the price target to 183p from 280p on Tuesday following the company's profit warning a day earlier and announcement of the chief executive's departure.
Read moreDirector dealings: Convatec CFO ups stake following profit warning
15th Oct 2018 16:36
(Sharecast News) - Convatec chief financial officer Frank Schulkes purchased 65,000 ordinary shares in the FTSE 250-listed medical products and technologies company on Monday.
Read moreMonday broker round-up
15th Oct 2018 13:30
(Sharecast News) - Volution: Numis upgrades to add with a target price of 216p.
Read moreRBC Capital cuts Convatec target but insists it still has 'attractive qualities'
15th Oct 2018 12:56
(Sharecast News) - RBC Capital Markets downgraded its target price on Convatec to 210p from 240p on Monday after the medical equipment maker warned on profits and announced the departure of its chief executive.
Read moreConvaTec issues profit warnings, CEO steps down immediately
15th Oct 2018 08:13
(Sharecast News) - ConvaTec Group updated the market on its trading for the third quarter on Monday, revising its guidance for the full year for both organic revenue growth and adjusted EBIT margin.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreConvaTec maintains guidance as it clears backorders
2nd Aug 2018 10:18
(Sharecast News) - Medical products and technologies company ConvaTec Group reported its first half results for the six months ended 30 June on Thursday, which were in line with expectations, with guidance for the full year confirmed despite what the board called a "challenging environment" in certain key markets.
Read moreConvatec wins US clearance for innovative wound dressing
24th Jul 2018 08:56
(Sharecast News) - ConvaTec's Aquacel Ag Advantage dressing, which helps treat non-healing wounds, has been given the nod by the US medical regulator.
Read moreConvaTec launches new ostomy care product globally
26th Jan 2017 08:07
(ShareCast News) - Global medical technology company ConvaTec Group announced the launch of the 'Esteem+ Flex Convex' one-piece system for people with colostomies, ileostomies and urostomies on Thursday. The FTSE 100 firm said the global roll out follows the launch of the one-piece flex convex produ
Read moreSunday share tips: Whitbread, Severfield, ConvaTec
22nd Jan 2017 13:24
(ShareCast News) - Buy shares in Whitbread, suggests the Sunday Times' Inside the City column on the back of the potential tourism boost from the weak pound and a cost cutting drive. Data in recent months has confirmed that hotels in London, where the FTSE 100 group has dozens of its Premier Inns, h
Read moreConvaTec buys Dutch surgical appliance manufacturer for €25m
4th Jan 2017 07:09
(ShareCast News) - Medical products company ConvaTec has bought Dutch ostomy appliances manufacturer EuroTec Beheer for €25m in order to strengthen its position in the France and Benelux markets. The acquisition of EuroTec, which manufactures and distributes one and two-piece ostomy systems in the N
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
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