Credit Suisse upgrades Ferguson, expects dividend restart
17th Apr 2020 13:36
(Sharecast News) - Credit Suisse upgraded its recommendation for shares of Ferguson and hiked its target price, pointing out the various positives in its equity story and arguing that even under its 'grey sky' scenario, the plumbing and heating products distributor's earnings were set to be more stable than in 2008-09.
Read moreThursday broker round-up
16th Apr 2020 13:19
(Sharecast News) - C&C Group: Berenberg upgrades to hold with a target price of 182p.
Read moreWednesday broker round-up
15th Apr 2020 13:36
(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.
Read moreAlmost a third of FTSE 100 cut or scrap dividends
15th Apr 2020 12:01
(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.
Read moreFerguson pulls dividend and shelves buyback in crisis
15th Apr 2020 07:02
(Sharecast News) - Ferguson withdrew its interim dividend and suspended its $500m (£397m) share buyback to conserve cash during the Covid-19 crisis.
Read moreWednesday broker round-up
8th Apr 2020 12:53
(Sharecast News) - Travis Perkins: JP Morgan downgrades to underweight with a target price of 920p.
Read moreThursday broker round-up
19th Mar 2020 11:33
(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
Read moreWednesday broker round-up
18th Mar 2020 13:42
(Sharecast News) - Polypipe: Deutsche Bank upgrades to buy with a target price of 550p.
Read moreTuesday broker round-up
17th Mar 2020 13:00
(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.
Read moreFerguson profit dips; UK demerger on track
17th Mar 2020 07:33
(Sharecast News) - Plumbing and heating company Ferguson posted a dip in first-half pre-tax profit on Tuesday due to exceptional charges and said its UK demerger was on track for completion this year.
Read moreFerguson agrees to buy Chicago-based Columbia Pipe
19th Feb 2020 14:29
(Sharecast News) - Ferguson announced on Wednesday that it has signed a purchase agreement to acquire Columbia Pipe & Supply Company.
Read moreTuesday broker round-up
4th Feb 2020 13:04
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.
Read moreFerguson considers US listing, announces $500m buyback
4th Feb 2020 07:51
(Sharecast News) - Plumbing parts distributor Ferguson said on Tuesday that it was considering a primary or additional listing in the US.
Read moreTuesday broker round-up
28th Jan 2020 12:40
(Sharecast News) - BAE Systems: Barclays upgrades to overweight with a target price of 760p.
Read moreThursday broker round-up
23rd Jan 2020 13:09
(Sharecast News) - Ocado Group: Berenberg upgrades to buy with a target price of 1,635p.
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