Diageo sales beat expectations as US spirits rebound
26th Jan 2017 07:36
(ShareCast News) - Half-year sales surged at Diageo, the owner of Guinness, Smirnoff and Pimm's, as it benefitted from favourable foreign exchange rates and was also bolstered by an improved performance in the US spirits market. The FTSE 100 company's expectations for the full year are unchanged and
Read moreTuesday broker round-up
24th Jan 2017 16:16
(ShareCast News) - SSE: Macquarie reiterates outperform with a target price of 1735p. Easyjet: Numis reiterates hold, 1050p target. William Hill: UBS downgrades to sell with a 240p target. Standard Life: UBS downgrades to sell with a 310p target. Beazley: JP Morgan reiterates overweight with a 46
Read moreThursday broker round-up
19th Jan 2017 16:45
(ShareCast News) - G4S: Barclays upgrades to equal-weight with a target price of 260p. Weir: Credit Suisse reiterates outperform, 2200p target. Coca Cola HBC: Goldman Sachs upgrades to buy with a 2120p target. Diageo: HSBC reiterates buy with a 2600p target. Aveva: Goldman Sachs reiterates sell w
Read moreFriday broker round-up
2nd Dec 2016 14:49
(ShareCast News) - John Menzies: Berenberg starts coverage at buy with a target price of 660p. Synthomer: Jefferies stays at hold 367p target. WPP: Deutsche Bank reiterates buy with a 1890p target. MCBride: Berenberg starts coverage at buy with a 220p target. Acacia Mining: Canaccord stays at ove
Read moreSector movers: Industrial Engineers up despite tough end markets
1st Dec 2016 17:19
(ShareCast News) - Another day of solid gains for crude oil futures boosted the oil patch again. Close behind were Industrial Engineers, with shares in Rotork, IMI and Weir Group pacing gains. Commenting on the messages delivered by the three companies at the latest biannual Valveworld trade show i
Read moreFriday broker round-up
25th Nov 2016 17:30
(ShareCast News) - Essentra: Jefferies keeps at buy with a target price of 445p. Rio Tinto: HBSC stays at buy 3300p target. Legal & General: Berenberg reiterates buy with a 301p target. Jardine Lloyd Thomson: HSBC reiterates buy with a 1100p target. Diageo: Credit Suisse keeps at outperform with
Read moreThursday broker round-up
17th Nov 2016 13:00
(ShareCast News) - Kingfisher: HSBC reiterates hold with a target price of 380p. Astrazeneca: Berenberg reiterates buy with a 55p target. Aggreko: Jefferies stays at hold with a 750p target. Easyjet: Barclays reiterates equal-weight rating with a 1000p target. Amec Foster Wheeler: UBS keeps at ne
Read moreWednesday broker round-up
26th Oct 2016 17:40
(ShareCast News) - FirstGroup: Goldman Sachs keeps at buy with a target price of 168p. Esure: Berenberg stays at sell, 238p target. Anglo American: Deutsche Bank reiterates hold with a 965p target. Intertek: UBS reiterates buy with a 4100p target. Sainsbury: Goldman Sachs reiterates sell with a 1
Read moreBroker tips: Sainsbury, Diageo, Metro Bank
26th Oct 2016 13:34
(ShareCast News) - Goldman Sachs removed Sainsbury from its 'conviction sell' list, keeping at 'sell', with a 195p price target. The bank noted Sainsbury has significantly underperformed UK peers years-to-date, down 6% versus Morrison up 55% and Tesco up 41%. "Though we remain bearish on the stock,
Read moreWednesday broker round-up
19th Oct 2016 12:06
(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
Read moreMonday broker round-up
17th Oct 2016 10:15
(ShareCast News) - Coca Cola Hellenic: Jefferies keeps at buy with a target price of 2100p. Jupiter Fund Management: Societe Generale downgrades to hold, 490p target. Aveva: Barclays keeps at equal-weight with a 1450p target. Arrow Global: Numis upgrades to buy with a 405p target. Close Brothers
Read moreDiageo bins plans to raise stake in Guiness Nigeria
5th Oct 2016 14:35
(ShareCast News) - Diageo binned plans to raise its stake in Guinness Nigeria as a result of tough market conditions in Africa's largest economy, even after Abuya abandoned a currency peg in the middle of the year. In 2015, the spirits-maker said it would increase its stake in Guinness Nigeria by an
Read moreDirector dealings: Ferran fires Diageo to new high
4th Oct 2016 11:14
(ShareCast News) - Diageo's chairman designate, Javier Ferran, has splashed out on shares in the Johnnie Walker and Guinness maker, sending the stock price to a new all-time high. Ferran, the ex boss of Bacardi who also sits on the board of Associated British Food, spent more than £410,000 buying 18
Read moreDiageo confident of 'stronger' 2017 financial year
21st Sep 2016 07:07
(ShareCast News) - Smirnoff, Guinness and Baileys producer Diageo is set to deliver a "stronger" performance for the 2017 after a good start to the financial year as it beefs up marketing, innovation and commercialisation of products. Sales from scotch, US spirits and expansion in India were identif
Read moreSunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
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