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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Monday broker round-up

24th Feb 2020 12:28

(Sharecast News) - Rentokil: Jefferies upgrades to buy with a target price of 620p.

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Wednesday broker round-up

5th Feb 2020 13:17

(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.

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Friday broker round-up

24th Jan 2020 12:45

(Sharecast News) - TT Electronics: Jefferies downgrades to hold with a target price of 265p.

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Canaccord Genuity sees 'attractive' shareholder value in Forterra and Ibstock

19th Nov 2019 15:13

(Sharecast News) - Cannacord Genuity initiated coverage of shares in Forterra and Ibstock with 'buy' and 'hold' recommendations, respectively, telling clients their expectation was for both companies to "deliver attractive profitability and returns for the foreseeable future".

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Monday broker round-up

11th Nov 2019 13:35

(Sharecast News) - Lancashire Holdings: JP Morgan upgrades to neutral with a target price of 700p.

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Thursday broker round-up

17th Oct 2019 13:11

(Sharecast News) - Weir Group: UBS downgrades to neutral with a target price of 1,450p.

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Wednesday broker round-up

13th Mar 2019 12:52

(Sharecast News) - IAG: RBC Capital Markets upgrades to outperform with a target price of 650p.

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Forterra confident in full-year profits after strong fourth quarter

15th Jan 2019 15:43

(Sharecast News) - Forterra reported on Tuesday that it enjoyed good trading in the final quarter of 2018, instilling confidence that full-year profit before tax will meet expectations.

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