Friday broker round-up
15th Jul 2016 15:00
(ShareCast News) - Ashmore: Goldman Sachs upgrades to buy with a target price of 420p and JP Morgan reiterates underweight with a 250p target. G4S: UBS keeps at buy with a 240p target. Essentra: Jefferies reiterates buy with a 715p target. Playtech: UBS stays at buy with a 1000p target. Aberdeen:
Read moreFriday broker round-up
10th Jun 2016 15:10
(ShareCast News) - Poundland: HSBC reiterates hold with a target price of 160p. Glencore: JP Morgan keeps at neutral with a 150p target. Home Retail: HSBC stays at hold with a target price of 165p. Booker: HSBC keeps at buy with a target of 230p. Safestore: Berenberg stays at buy with a target pr
Read moreEssentra issues profit warning
9th Jun 2016 08:49
(ShareCast News) - Specialist plastic, fibre and foam maker Essentra issued a profit warning on Thursday, citing a tough market in filter products and short-term operational problems in the US and UK from its healthcare and personal packaging unit. The company said adjusted operating profit was now
Read moreThursday broker round-up
2nd Jun 2016 16:39
(ShareCast News) - Moneysupermarket.com: Jefferies downgrades to hold with a target price of 312p. Wolseley: Canaccord downgrades to hold with a 4200p target, UBS reiterates buy with a target price of 4300p and Credit Suisse stays at outperform with a 4200p target. Daily Mail: Goldman Sachs reitera
Read moreMonday broker round-up
22nd Feb 2016 13:49
(ShareCast News) - Coca-Cola Hbc: JP Morgan reiterates neutral with a target price of 1450p, Nomura stays at buy with a 1330p target and Deutsche Bank keeps at hold with a target price of 1500p. Standard Life: JP Morgan keeps at overweight with a target of 465p and Deutsche Bank reiterates buy, 415p
Read moreOil downturn drags on growth at Essentra
19th Feb 2016 07:43
(ShareCast News) - Essentra reported good growth across most of its operations for the year to 31 December on Friday, but a lagging oil and gas sector had one of its divisions dragging the company down. The FTSE 250 plastic and fibre products firm saw revenue rise 27% on a constant currency basis du
Read moreEssentra buys pharmaceutical packaging assets
16th Oct 2015 08:03
(ShareCast News) - Essentra has agreed to buy the pharmaceutical packaging assets of Kamsri Printing & Packaging for an undisclosed sum. The plastics company said the deal, which is expected to complete by the end of the year, will be immediately earnings-enhancing and will be reported under the Hea
Read moreEssentra names new finance director
8th Oct 2015 14:09
(ShareCast News) - Plastic and packaging products provider Essentra has confirmed the appointment of Stefan Schellinger as its finance director. Schellinger had been named interim finance director late in August to replace Matthew Gregory, who left the company to become FirstGroup's chief financial
Read moreFirstGroup nabs Essentra finance director
28th Aug 2015 13:07
(ShareCast News) - Transport operator FirstGroup has appointed Essentra executive Matthew Gregory to chief financial officer. Gregory was group finance director at Essentra, and was with the company for more than a decade. First Group said in a statement Gregory would start the CFO job from 1 Decem
Read moreEssentra's interim revenue soars but profit decline on Clondalkin acquisition
31st Jul 2015 10:08
(ShareCast News) - Plastic and fibre producer Essentra reported a decline in interim profits on the back of exceptional costs, although revenue soared following the acquisition of Clondalkin specialist packaging. Pre-tax profit for the first six months of the year declined 8.1% year-on-year after th
Read moreLondon close: FTSE sets fresh 15-year high on Greek optimism
20th Feb 2015 16:38
UK stocks settled at a new 15-year high on Friday afternoon as improving economic data from the Eurozone and optimism about a deal being agreed on Greek debt offset weak retail sales data in Britain. Eurozone finance ministers met in Brussels on Friday afternoon to discuss a loan extension request b
Read moreLondon midday: Eurozone data and Greek optimism push UK stocks higher
20th Feb 2015 11:43
UK stocks neared an all-time high on Friday morning after upbeat data on the Eurozone economy, as investors showed optimism ahead of an emergency meeting about Greek debt. Markets mostly shrugged off weak economic data from the UK, where retail sales fell more than expected in January. London's FTS
Read moreLondon open: Standard Life, energy stocks support markets ahead of Greek meeting
20th Feb 2015 08:42
UK stocks edged higher on Friday morning on the back of well-received results from Standard Life and gains in the oil sector as investors awaited a pivotal meeting about Greek debt later on. London's FTSE 100 was up 0.06% at 6,892.72 early on. The index has remained broadly flat over the last three
Read moreEssentra's elevated earnings exceed expectations
20th Feb 2015 08:13
Accelerated sales momentum in the last three months of the year helped plastics group Essentra exceed expectations for 2014, with the bolt-on acquisition of Specialty Plastics in Australia also confirmed on Friday for an undisclosed cash sum. Revenues for the calendar year expanded 14% at constant c
Read moreLondon pre-open: Flat start expected ahead of Eurogroup meeting on Greece
20th Feb 2015 07:59
Uncertainty surrounding pivotal talks about Greece was likely to keep investors cautious on Friday, with no change expected for UK stocks expected early on. City sources predict the FTSE 100 will broadly flat on Thursday's close of 6,888.90. The Eurogroup is set to meet in Brussels to discuss Greec
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