Passenger numbers higher at easyJet, though load factor descends
6th Dec 2016 07:09
(ShareCast News) - Low-cost carrier easyJet posted its passenger statistics for November on Tuesday, with total passengers for the month improving 2.9% to 4,947,060 year-on-year. At the same time , load factor dropped 0.6 percentage points to 89.7%. The FTSE 100 airline carried a total of 73,720,86
Read moreEasyJet flies lower on RBC Capital downgrade
2nd Dec 2016 08:54
(ShareCast News) - EasyJet flew lower on Friday as RBC Capital Markets cut its stance on the stock to 'underperform' from 'sector perform'. The bank argued that without material and significant improvement in the fare/pricing outlook in the next three years, EasyJet shares might only deliver 1-2% to
Read moreWizz Air takes off as Goldman Sachs upgrades it to 'buy'
1st Dec 2016 09:00
(ShareCast News) - Goldman Sachs upgraded shares in Hungarian low-cost airline Wizz Air to 'buy' from 'neutral' and raised its price target to 2100p from 1753p. "We see Wizz as very well positioned to continue growing profitably in Central Eastern Europe (CEE) capitalizing on a solid CEE macro envir
Read moreTuesday broker round-up
22nd Nov 2016 09:56
(ShareCast News) - BT Group: UBS reiterates neutral with a target price of 400p. Tesco: JP Morgan reiterates underweight with a 135p target. Relx: Credit Suisse stays at outperform with a 1600p target. Pets at Home: HSBC reiterates buy with a 320p target. Royal Dutch Shell B: UBS starts coverage
Read moreMonday broker round-up
21st Nov 2016 19:55
(ShareCast News) - Randgold Resources: UBS reiterates buy with a target price of 9750p. AA: Goldman Sachs reiterates buy with a 370p target. Jimmy Choo: Barclays stays at equal-weight with a 140p target. Esure: Barclays reiterates overweight with a 247p target. Easyjet: UBS keeps at buy with a 11
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 moreEasyJet FY profit slumps on Brexit, currency headwinds
15th Nov 2016 07:12
(ShareCast News) - Budget airline EasyJet reported a drop in profit and revenue for the year to the end of September and cut its dividend as it took a hit from terrorist attacks and as the UK's decision to leave the European Union made the euro more expensive for British travellers over the summer.
Read moreBerenberg initiates coverage of EasyJet, Ryanair and IAG at 'buy'
11th Nov 2016 07:48
(ShareCast News) - Berenberg initiated coverage of EasyJet, Ryanair and International Consolidated Airlines Group as it took a look at the airlines sector. It started Ryanair at 'buy' with a €16.00 price target, noting it's the lowest-cost producer and clear structural winner in the European airline
Read moreEasyJet passenger numbers up but load factor dips in October
4th Nov 2016 07:11
(ShareCast News) - Budget airline EasyJet said on Friday that passenger numbers rose last month, but the load factor dropped. Passenger numbers were up 6.9% from last October to just over 6.84m, but the load factor - which gauges how full the planes are - fell to 90.2% from 93.3%. On a rolling 12-m
Read moreBroker tips: Kaz Minerals, CRH, EasyJet, Ryanair
2nd Nov 2016 15:24
(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals
Read moreEasyHotel signs franchise deal for hotel in Reading
2nd Nov 2016 09:29
(ShareCast News) - EasyHotel has signed a new franchise agreement for a hotel in Reading that will add 54 rooms to its network. The site, which is centrally located on Caversham Road, is an existing hotel that will be converted into an EasyHotel next year. Following the opening of the 107-room Easy
Read moreHSBC upgrades EasyJet, Ryanair
2nd Nov 2016 08:57
(ShareCast News) - HSBC upped its ratings on budget carriers EasyJet and Ryanair on Wednesday as it took a look at European airlines. The bank upgraded EasyJet to 'buy' from 'reduce' and lifted the price target to 1,150p from 800p. It upgraded Ryanair to 'hold' from 'reduce' and raised the price ta
Read moreFTSE 250 movers: Petra Diamonds sparkles, while profit-taking continues in Hunting
24th Oct 2016 13:55
(ShareCast News) - Shares in Petra Diamonds shined bright at the start of the week as the outfit reported what one analyst described as first quarter results which were "very much in-line" with expectations. Significantly, the company said it was still on track to turn cash-flow positive in the firs
Read moreUBS upgrades easyJet to 'buy'
24th Oct 2016 12:19
(ShareCast News) - Analysts at UBS upgraded their recommendation on EasyJet, judging the share price fall on the back of three profit warnings since June to be overdone. In a research report entitled "Darkest before the dawn" analyst Jarrod Castle upgraded his recommendation on the shares to 'buy' f
Read moreLufthansa flies higher as it lifts 2016 profit target; peers get a boost
20th Oct 2016 12:01
(ShareCast News) - Deutsche Lufthansa shares flew higher on Thursday as the airline lifted its earnings forecast for the year and posted better-than-expected earnings for the first nine months. Adjusted earnings before interest and taxes for the nine months came in at €1.68bn, down a touch from €1.6
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