London close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
21st Mar 2024 16:33
(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
Read moreGKN spin-off Dowlais points to flat revenues in 2024
21st Mar 2024 09:24
(Sharecast News) - Shares in automotive engineering group Dowlais dropped on Thursday despite the announcement of a £50m share buyback, as the company pointed to stable revenues in 2024.
Read moreBarclays starts coverage of Dowlais at 'overweight'
16th Feb 2024 09:35
(Sharecast News) - Barclays initiated coverage of Dowlais on Friday with an 'overweight' rating and 110p price target.
Read moreDowlais reiterates FY guidance despite strike action
9th Nov 2023 09:45
(Sharecast News) - Automotive supplier Dowlais reiterated its full-year forecasts on Thursday despite taking a hit from United Auto Workers strike action in North America.
Read moreDowlais holds guidance as GKN posts strong first half
12th Sep 2023 07:51
(Sharecast News) - GKN Automotive owner Dowlais Group held annual guidance after posting better-than-expected maiden interim profits, driven by strong margins and the growing push for electric vehicles.
Read moreCiti starts Melrose spinoff Dowlais at 'sell'
11th Jul 2023 10:12
(Sharecast News) - Dowlais tumbled on Tuesday after Citi initiated coverage of the Melrose spinoff with a 'sell' rating and 97p price target, which implies around 20% downside.
Read moreCiti starts Melrose spinoff Dowlais at 'sell'
11th Jul 2023 10:12
(Sharecast News) - Dowlais tumbled on Tuesday after Citi initiated coverage of the Melrose spinoff with a 'sell' rating and 97p price target, which implies around 20% downside.
Read moreBroker tips: Dowlais, Moonpig
11th Jul 2023 07:04
(Sharecast News) - Dowlais tumbled on Tuesday after Citi initiated coverage of the Melrose spinoff with a 'sell' rating and 97p price target, which implies around 20% downside.
Read moreJefferies initiates coverage of Melrose spinoff Dowlais at 'buy'
5th Jun 2023 10:29
(Sharecast News) - Jefferies initiated coverage of Dowlais - which was spun off from Melrose Industries - on Monday with a 'buy' rating and 155p price target, offering upside of around 21%.
Read moreBroker tips: Dowlais, Rio Tinto, Dr Martens
5th Jun 2023 07:36
(Sharecast News) - Jefferies initiated coverage of Dowlais - which was recently spun off from Melrose Industries - on Monday with a 'buy' rating and 155p price target, offering upside of around 21%.
Read moreDowlais off to 'encouraging' start to the year
23rd May 2023 07:21
(Sharecast News) - Dowlais Group reiterated it was on track to meet full-year expectations on Tuesday, after getting off to an "encouraging" start.
Read moreRBC Capital starts Melrose spinoff Dowlais at 'outperform'
26th Apr 2023 08:23
(Sharecast News) - RBC Capital Markets initiated coverage of Dowlais on Wednesday with an 'outperform' rating and a "potentially conservative" sum-of-the-parts based 180p price target.
Read moreCiti resumes coverage of Melrose with a 'buy'
24th Apr 2023 13:15
(Sharecast News) - Citi has resumed coverage of Melrose Industries with a 'buy' rating, in a note published on Monday.
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