Forterra launches buyback following 'strong' 2021

26th Jan 2022 11:35

(Sharecast News) - Masonry specialist Forterra announced a £40m share buyback on Wednesday, after strong demand throughout 2021 boosted both revenues and cash.

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Berenberg lowers target price on Forterra

26th Nov 2021 10:41

(Sharecast News) - Analysts at Berenberg lowered their target price on construction firm Forterra from 300.0p to 280.0p on Friday, citing "limited" near-term organic upside.

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Wednesday broker round-up

10th Mar 2021 13:21

(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.

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Tuesday broker round-up

9th Mar 2021 13:05

(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.

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Wednesday broker round-up

25th Nov 2020 13:38

(Sharecast News) - Codemasters Group: Berenberg downgrades to hold with a target price of 485p.

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Friday broker round-up

11th Sep 2020 13:47

(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.

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Thursday broker round-up

10th Sep 2020 14:21

(Sharecast News) - Hargreaves Lansdown: Deutsche Bank upgrades to hold with a target price of 1,600.0p.

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Friday broker round-up

3rd Jul 2020 13:15

(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.

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Forterra raises £55m in placing to bolster balance sheet

2nd Jul 2020 13:02

(Sharecast News) - Forterra said on Thursday that it has raised around £55m in a placing to bolster its balance sheet.

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Forterra to cut 225 jobs and mothball manufacturing site

2nd Jun 2020 15:02

(Sharecast News) - Forterra said it would cut about 225 jobs and mothball a manufacturing site because of reduced demand caused by the Covid-19 crisis.

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Thursday broker round-up

7th May 2020 13:55

(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 212p.

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Forterra to fire up kiln this week as house builders resume work

28th Apr 2020 07:57

(Sharecast News) - Brick maker Forterra said it would fire up one of its kilns this week and restart production for the first time since the government lockdown imposed last month to battle the coronavirus pandemic.

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Forterra suspends dividend due to coronavirus outbreak

24th Mar 2020 14:54

(Sharecast News) - FTSE 250 masonry products manufacturer Forterra said on Tuesday that it was suspending its dividend and implementing a range of cost-cutting measures as it looks to weather the coronavirus outbreak.

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Housebuilders are too cheap, Jefferies says

19th Mar 2020 10:18

(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.

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Wednesday broker round-up

11th Mar 2020 13:37

(Sharecast News) - Clinigen Group: Liberum upgrades to buy with a target price of 780.0p.

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