Credit Suisse starts Dixons Carphone at 'outperform'
1st Dec 2016 14:17
(ShareCast News) - Dixons Carphone racked up some healthy gains on Thursday as Credit Suisse initiated coverage of the stock at 'outperform' with a 12-month 420p price target, implying a one-year total shareholder return of 30%. CS argued that Dixons Carphone was a rare example of a successful retai
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
Read moreSector movers: Domestic focused shares pace gains
3rd Nov 2016 15:21
(ShareCast News) - Domestic-focused shares paced gains after the High Court ruled that Parliament must approve the Article 50 process. The news set off an immediate bounce in cable, which was 1.07% higher to 1.2434 as of 1540 which fed through into sectors such as general retailers and REITs. Yet t
Read moreDixons Carphone sees modest growth in first quarter
8th Sep 2016 07:14
(ShareCast News) - Electronics retailer Dixons Carphone posted a trading update for the first quarter on Thursday, with group revenue up 9% year-on-year and like-for-like revenue improving 4% in the 13 weeks to 30 July. The FTSE 100 firm, which operates the Carphone Warehouse, Currys PC World and Di
Read moreMonday broker round-up
4th Jul 2016 08:05
(ShareCast News) - Auto Trader: Barclays stays at equal-weight with a target price of 340p. Dignity: Berenberg reiterates buy with a 2825p target. Dixons Carphone: HSBC keeps at buy with a target price of 400p. Mitchels & Butlers: JP Morgan downgrades to neutral with a target of 240p. Diageo: Ber
Read moreDixons Carphone agrees major US expansion with Sprint after bumper 2016
29th Jun 2016 07:05
(ShareCast News) - Profits rose 17% in the year to April at Dixons Carphone, which delivered a updated strategy and an optimistic appraisal of its chances post-Brexit as the largest player in the UK market. With much of the results largely pre-flagged by the company, the new news was chief executive
Read moreWednesday preview: Dixons Carphone reports full year results
28th Jun 2016 13:18
(ShareCast News) - Dixons Carphone is expected to report on Wednesday an increase in pre-tax profits on the back of market share gains in its mobile phones and electricals business. In a May trading update on the group's fourth quarter, the company forecast full year pre-tax profit of £445m to £45
Read moreBroker tips: ABF, Dixons Carphone, RSA Insurance
22nd Jun 2016 17:41
(ShareCast News) - Associated British Foods was under the cosh on Wednesday after Morgan Stanley cut its stance on the stock to 'equalweight' from 'overweight' and slashed the price target to 2,650p from 3,500p as it took a fresh look at Primark. The bank said that while Primark remains a great busi
Read moreHSBC starts Dixons Carphone at 'buy'
22nd Jun 2016 09:32
(ShareCast News) - HSBC initiated coverage of Dixons Carphone at 'buy' with a 460p price target, saying it is well-place and well-run, with growth underpinned. The bank said Dixons' core prospects are supported by a robust strategic position, solid consumer backdrop and a business well-suited to pre
Read moreThursday newspaper share tips: Dixons Carphone, Serco
26th May 2016 15:56
(ShareCast News) - Dixons Carphone's drive to close its weakest stores helped its comparable-stores sales growth in the April quarter, but there is much more to its success, writes the Financial Times' Lex column. The mobiles, appliances and computers purveyor posted April-quarter comparable-store s
Read moreLondon pre-open: Stocks set for firmer open; M&S in focus
25th May 2016 07:30
(ShareCast News) - London stocks were seen starting higher following positive leads in the US and Asia amid rising oil prices, as investors digest news that Greece has reached a deal with it international creditors. The FTSE 100 was expected to open 51 points higher than Tuesday's close at 6,270. "
Read moreDixons Carphone says profits will hit top of targets after solid Q4
25th May 2016 07:03
(ShareCast News) - A trading update from Dixons Carphone revealed annual pre-tax profits are likely to reach top half of its guidance as the retailer gained market share in electricals and mobile in most of its key markets. Like-for-like revenue in the fourth quarter rose 5%, meaning for the full ye
Read moreLiberum initiates coverage of M&S, Dixons Carphone and Poundland
13th Apr 2016 15:24
(ShareCast News) - Liberum initiated coverage of seven consumer discretionary stocks on Wednesday, including Marks & Spencer, Dixons Carphone and Poundland. The brokerage highlighted a preference for companies with structural growth and margin upside supported by self-help. "Balance sheet strength
Read moreMobile contract switching made easier under new Ofcom proposals
23rd Mar 2016 10:50
(ShareCast News) - For UK mobile users, moving to a new contract and keeping your existing number will become quicker and easier under new rules proposed by the telecoms regulator on Wednesday. Ofcom said it wanted to make mobile switching quicker and simpler to help support competition in the marke
Read moreDixons Carphone agrees to buy Simplifydigital
21st Mar 2016 11:19
(ShareCast News) - Dixons Carphone said it has agreed to buy telecom-switching service Simplifydigital for an undisclosed sum. The deal is expected to be done by the end of March. Simplifydigital offers consumers an Ofcom-accredited price comparison and switching service for broadband, digital TV an
Read more