EasyJet successfully issues new EUR500m bond
12th Oct 2016 14:18
(ShareCast News) - Low-cost airline easyJet said on Wednesday that it has priced the issue of €500m bonds maturing in October 2023 at a coupon of 1.125%. Chief financial officer Andrew Findlay said: "The successful placing of this bond shows the market's belief in easyJet's balance sheet and its con
Read moreTuesday broker round-up
11th Oct 2016 14:54
(ShareCast News) - Easyjet: Deutsche Bank keeps at hold with a target price of 1000p. BP: HSBC reiterates buy, 570p target. Petrofac: Credit Suisse keeps at outperform with a 1100p target. British American Tobacco: Jefferies reiterates buy with a 6000p target. Royal Dutch Shell: HSBC keeps at bu
Read moreMonday broker round-up
10th Oct 2016 13:30
(ShareCast News) - Easyjet: Societe Generale downgrades to sell with a target price of 820p. BP: Barclays reiterates overweight, 600p target. Lloyds: Citigroup keeps at sell with a 48p target. Unilever: Jefferies reiterates hold with a 3530p target. Royal Dutch Shell: Barclays keeps at overweight
Read moreBroker tips: Rolls-Royce, SSP, easyJet
10th Oct 2016 10:19
(ShareCast News) - Rolls-Royce got a boost on Monday after JPMorgan Cazenove upgraded its price target on the stock to 890p from 835p as it took a look at the UK aerospace and defence sector. The bank said it was updating its earnings per share estimates, mostly for the recent strengthening of the d
Read moreEasyJet flies lower again as SocGen downgrades, slashes price target
10th Oct 2016 08:22
(ShareCast News) - EasyJet flew lower again on Monday as Societe Generale downgraded the stock to 'sell' from 'hold' and slashed the price target to 820p from 1,150p following the airline's profit warning last week, pointing to a double whammy of a soft demand environment and FX headwinds. The bank
Read moreBroker tips: easyJet, DS Smith, Hays
7th Oct 2016 10:48
(ShareCast News) - Bank of America Merrill Lynch downgraded low-cost carrier easyJet to 'neutral' from 'buy' and cut the price target to 1,050p from 1,300p given the increasing lack of visibility on pricing. Merrill reckoned the shares have limited upside potential until there is capacity constraint
Read moreBofA Merrill Lynch downgrades easyJet to 'neutral'
7th Oct 2016 08:15
(ShareCast News) - Bank of America Merrill Lynch downgraded low-cost carrier easyJet to 'neutral' from 'buy' and cut the price target to 1,050p from 1,300p given the increasing lack of visibility on pricing. Merrill reckoned the shares have limited upside potential until there is capacity constraint
Read moreBrexit effect to cost easyJet an extra £35m this year
6th Oct 2016 07:06
(ShareCast News) - Low-cost carrier easyJet posted a trading update for the three months to 30 September on Thursday, with passenger numbers reaching a record 22.0 million with a strong load factor of 93.9% - though the effect of Brexit on sterling is expected to cost it an added £35m for the year.
Read moreTuesday broker round-up
27th Sep 2016 13:05
(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo
Read moreThursday broker round-up
22nd Sep 2016 13:35
(ShareCast News) - Dunelm: HSBC starts coverage at buy with a target price of 1000p. Brown N Group: UBS keeps at neutral, 190p target. Tesco: Barclays keeps at neutral with a 215p target. Associated British Foods: Credit Suisse reiterates outperform with a 3550p target. BBA Aviation: Barclays kee
Read moreTuesday broker round-up
20th Sep 2016 15:46
(ShareCast News) - Petra Diamonds: Citigroup reiterates buy with a target price of 120p; JP Morgan reiterates overweight with a 139p target. Bovis Homes: UBS upgrades to neutral, 910p target. Electrocomponents: Credit Suisse keeps at underperform with a 300p target. Easyjet: HSBC keeps at reduce w
Read moreFTSE 100 movers: Burberry in fashion after London catwalk show
20th Sep 2016 12:46
(ShareCast News) - London's blue chip shares were in style on Tuesday, as reports from London Fashion Week proved a welcome diversion for investors who were bracing themselves for central bank announcements later in the week. Plenty of positive commentary surrounding Burberry's fashion show in Londo
Read moreBroker tips: Aviva, European airlines, Weir Group
7th Sep 2016 10:44
(ShareCast News) - UBS upgraded Aviva to 'buy' from 'neutral' on Wednesday and raised its target price to 505p from 395p, saying the insurance firm is positioned to deliver a "sector leading" dividend. Aviva is likely to offer a risk-adjusted dividend as Solvency II (S2) legislation is set to drive
Read moreAirline stocks fly lower on Deutsche Bank downgrades
7th Sep 2016 08:59
(ShareCast News) - European airline stocks flew lower on Wednesday as Deutsche Bank downgraded its ratings on Ryanair, EasyJet, Air France-KLM and Lufthansa, saying forward-looking data is "simply too weak". DB said it looks like winter will be challenging for the airlines, with capacity data sugges
Read moreEasyJet's August passenger numbers rise 6%
6th Sep 2016 07:19
(ShareCast News) - FTSE 100 listed budget airline easyJet increased passenger numbers by 6.4% in August, compared to the same month the previous year, as the load factor, the number of passengers as a proportion of the number of seats available, increased by 0.5%. For the rolling 12 months ended 31
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