Wednesday broker round-up
27th Jan 2016 17:31
(ShareCast News) - Aldermore Group: Investec reiterates buy recommendation and keeps target price at 325p. Saga: Numis stays at addwith 235p target and Canaccord Genuity upgrades to buy 240p target. Crest Nicholson: Jefferies keeps at buy and raises target from 719p to 740p. Ophir Energy: Credit S
Read moreFTSE 100 movers: Sage leads market back into the black
27th Jan 2016 14:08
(ShareCast News) - After a turbulent day, the FTSE 100 was up 12.72 points (0.22%) by mid-afternoon Wednesday to 5,924.18. Sage led the market after posting an increase in first quarter revenues, driven by strong software subscription revenue. It saw group organic revenue for the three months to 31
Read moreDixons Carphone's improvements prompt Investec upgrade
27th Jan 2016 10:30
(ShareCast News) - Investec has upgraded Dixons Carphone from 'add' to 'buy' as the company's core businesses improve and gain market share. The investment bank on Wednesday said that should drive medium term profit growth despite continued softness in the Nordics. "Ongoing self-help and market sha
Read moreFTSE 100 movers: Miners dominate as market claws back losses
26th Jan 2016 13:43
(ShareCast News) - After starting the day in the red, the FTSE 100 clawed back to even territory by rising 3.09 points (0.05%) to 5,880.09 by mid-afternoon. Miners dominated the risers list as oil prices stayed above $30 a barrel and gave the market some confidence. At 1416 GMT, Brent crude had rise
Read moreLondon pre-open: Stocks seen lower on weak US and Asian cues as oil drops
26th Jan 2016 07:29
(ShareCast News) - London stocks are expected to open lower on Tuesday, tracking weakness in the US and Asia amid sliding oil prices. The FTSE 100 is seen starting 47 points lower than Monday's close at 5,830. "The oil market continues to take no prisoners as no sooner had we seen a sharp move ab
Read moreDixons Carphone reports solid Christmas trading
26th Jan 2016 07:10
(ShareCast News) - Dixons Carphone ended 2015 on a high, reporting positive sales growth in the 10 weeks to 9 January, including a bumper Black Friday. The FTSE 100 electronics retailer reported 5% increases in like-for-like revenues across its European regions. Dixons Carphone also said it expecte
Read moreDixons Carphone rings up higher profit guidance after buzzing Christmas
26th Jan 2016 07:05
(ShareCast News) - After an encouraging 10 weeks of Christmas trading, Dixons Carphone has lifted profit guidance slightly above consensus forecasts and said it will go ahead with the full roll-out of stores in the USA. Like-for-like sales were up 5% in the third-quarter, with an all-time record day
Read moreBroker tips: Retail stocks, Tullow Oil, Glencore
21st Dec 2015 16:28
(ShareCast News) - RBC Capital Markets downgraded Marks & Spencer to 'outperform' from 'top pick' and Associated British Foods to 'underperform' from 'sector perform' but lifted Dixons Carphone to 'top pick' from outperform, as it took a look at the general retail sector. As far as Dixons is concern
Read moreRBC Capital adjusts ratings on general retail stocks
21st Dec 2015 09:51
(ShareCast News) - RBC Capital Markets downgraded Marks & Spencer to 'outperform' from 'top pick' and Associated British Foods to 'underperform' from 'sector perform' but lifted Dixons Carphone to 'top pick' from outperform, as it took a look at the general retail sector. As far as Dixons is concern
Read moreThursday newspaper share tips: Dixons Carphone has long-term potential
17th Dec 2015 10:48
(ShareCast News) - Investing in Dixons Carphone is a good long term plan, according to The Times' Tempus. The FTSE 100-listed electronics and travel retailer saw like-for-like revenue rise 5% over the period, to £4.39bn. Its proforma headline profit before tax was also up, 23% to $121m, with statut
Read moreFTSE 100 movers: Pearson drives blue-chips up on broker note
16th Dec 2015 14:06
(ShareCast News) - The FTSE 100 continued to rise on Wednesday, with the blue chip market up 65.57 points (1.09%) to 6,083.36 mid-afternoon. Pearson was the day's big winner after Exane BNP Paribas upgraded the educational publisher's stock to 'outperform' from 'neutral'. "Risks of further earnings
Read moreDixons Carphone delivers a solid first half
16th Dec 2015 07:08
(ShareCast News) - Tills were ringing at Dixons Carphone in 2015, as the multinational reported its first set of half yearly results since its creation. The FTSE 100-listed electronics and travel retailer saw like-for-like revenue rise 5% over the period, to £4.39bn. Its proforma headline profit be
Read moreMonday broker round-up
7th Dec 2015 16:16
(ShareCast News) - Equiniti: Barclays starts coverage at overweight with a 230p target price; Goldman starts at buy with a 260p target and Credit Suisse initiated. Genel Energy: Credit Suisse reiterates outperform and 430p target; Goldman Sachs downgrades to neutral with 333p target. Dixons Carphon
Read moreFTSE 100 movers: Barratt up, Morrisons slumps on disappointing results
10th Sep 2015 14:41
(ShareCast News) - London's top-flight index fell on Thursday and by 1439 BST, was down 1.2% to 6,156 as worries about a slowdown in China and concerns that the Federal Reserve might hike rates in September weighed on sentiment. Housebuilder Barratt Developments was a higher riser for the second day
Read moreDixons Carphone rings up 8% boost in first quarter revenues
10th Sep 2015 07:28
(ShareCast News) - Significant market share gains in mobile phones have lifted first quarter like-for-like revenues at Dixons Carphone by 8%, the company said in a trading statement. In the UK and Ireland revenues rose 10% and in the Nordic region by 4%, but were flat in southern Europe, although Di
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