AerCap interest in an Easyjet take-over highly debatable, Credit Suisse says
22nd Aug 2016 12:32
(ShareCast News) - AerCap's interest in participating in a take-over of EasyJet was "highly debatable", analysts at Credit Suisse said. Various published reports on 19 August had suggested that EasyJet's founder and AerCap might try to take the firm private, with US private equity outfits having als
Read moreMonday broker round-up
22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
Read moreFTSE 100 movers: house builders, miners sag as easyJet firms
19th Aug 2016 14:32
(ShareCast News) - London's FTSE 100 tiptoed lower as a string of house builders sagged amid lingering concerns about the UK real estate market, and several miners slumped alongside metals prices. House builders were led lower by Persimmon, Taylor Wimpey and Barratt Developments, investors exiting t
Read moreSpeculation surfaces of possible bid for easyJet by its founder
19th Aug 2016 07:58
(ShareCast News) - Market chatter surfaced on Friday morning, referencing a newspaper report, regarding a possible bid for easyJet. The Guardian cited talk among traders of a possible £16bn a share offer for the airline, perhaps from a private equity outfit, from Sir Stelios Haji-Ioannou himself or
Read moreFTSE 100 movers: Airlines grounded as miners bounce on results
16th Aug 2016 15:31
(ShareCast News) - Despite mixed results, mining giants led the FTSE 100 risers on Tuesday but the index was drifting lower late in the session as rebounding oil prices weighed on airlines. A 10% surge in the price of oil in the past four days, while some analysts pointed to difficulties suffered
Read moreBroker tips: EasyJet, Rentokil, Meggitt
9th Aug 2016 15:56
(ShareCast News) - EasyJet flew higher on Tuesday after Cantor Fitzgerald upgraded the stock to 'buy' from 'hold' and lifted the price target to 1,300p from 1,200p. The brokerage said EasyJet's low-cost business model is resilient and has generated strong profits and taken significant market share i
Read moreEasyJet flies higher on Cantor upgrade to 'buy'
9th Aug 2016 11:53
(ShareCast News) - EasyJet flew higher on Tuesday after Cantor Fitzgerald upgraded the stock to 'buy' from 'hold' and lifted the price target to 1,300p from 1,200p. The brokerage said EasyJet's low-cost business model is resilient and has generated strong profits and taken significant market share i
Read moreEasyJet traffic up 6.7% in July
4th Aug 2016 07:23
(ShareCast News) - Traffic at low-cost carrier EasyJet was up 6.7% in July to 7.5m passengers, while the load factor - which gauges how full the flights were - nudged up to 95.8% from 94.3%. On a rolling 12-month basis, traffic was up 6.8% to 72.3m and the load factor ticked just a touch higher to 9
Read moreTuesday newspaper share tips: William Hill, Ryanair
26th Jul 2016 14:46
(ShareCast News) - In-the-spotlight merger interest in high-street bookie William Hill from gambling-sector players 888 and Rank Group looks like little more than an opportunistic flutter, writes Financial Times' Lex column. Just a year ago, William Hill rolled the dice for casino-operator 888, but
Read moreBroker tips: EasyJet, ARM Holdings, Hochschild Mining
26th Jul 2016 12:51
(ShareCast News) - EasyJet flew lower on Tuesday as Liberum downgraded its stance on the stock to 'sell' from 'hold' and slashed the price target to 930p from 1,050p following the company's third-quarter update last week. It said the airline's refusal to give any profit guidance just 10 weeks before
Read moreEasyJet flies lower on Liberum downgrade
26th Jul 2016 10:35
(ShareCast News) - EasyJet flew lower on Tuesday as Liberum downgraded its stance on the stock to 'sell' from 'hold' and slashed the price target to 930p from 1,050p following the company's third-quarter update last week. It said the airline's refusal to give any profit guidance just 10 weeks before
Read moreSector movers: Oil companies and airlines under pressure
25th Jul 2016 14:12
(ShareCast News) - London stock indices were held back on Monday as oil prices traded down towards their lowest levels in weeks. On the FTSE 100, Royal Dutch Shell and BP were lower as crude slumped below $44.00 on persistent oversupply concerns. Front-month Brent crude was down 1.4% to $45.03 b
Read moreBroker tips: Man Group, EasyJet, M&S
22nd Jul 2016 10:22
(ShareCast News) - Man Group shares rose on Friday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and reiterated a target price of 140p. "We are confident Man's balance sheet should provide the firepower for a positive catalyst (either a merger and acquisition or ext
Read moreInvestec downgrades EasyJet after Q3 update
22nd Jul 2016 09:07
(ShareCast News) - Investec downgraded EasyJet to 'hold' from 'buy' as it cut the price target to 1,100p from 2,050p to reflect the revised outlook following the airline's third-quarter update on Thursday. The brokerage said Q3 trading was broadly in line with post-Brexit expectations. However, the
Read moreCredit Suisse downgrades EasyJet, IAG as airline stocks hit turbulence
21st Jul 2016 12:11
(ShareCast News) - It was bad day for airlines, with corporate releases from Deutsche Lufthansa and EasyJet giving investors little to get excited about. EasyJet posted a drop in revenue per seat and total revenue for the third quarter amid difficult trading that was hit by the terror attack in Bru
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