Thursday broker round-up
30th Aug 2018 13:50
(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p
Read moreMonday broker round-up
30th Jul 2018 13:17
(Sharecast News) - Sophos Group: Numis upgrades to add with a target price of 580p.
Read moreForterra sees pick-up in last two months of year
13th Jan 2017 10:35
(ShareCast News) - Masonry product manufacturer Forterra issued a trading update for the year to 31 December on Friday, saying that in the last two months of the year, it continued to see good levels of activity from the major housebuilders and also from merchants as the excess brick inventory level
Read moreInfrastructure spending good for housebuilders, contractors, bad for letting agents
24th Nov 2016 15:58
(ShareCast News) - Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale. In the mini-budget on Wednesday, Chancellor Philip Hammond sa
Read moreDirectors dealings: Forterra chief builds for the future
9th Sep 2016 16:55
(ShareCast News) - Forterra's chief added to his nest egg, topping up his holdings in the company he leads a day after it published its latest half-year numbers. Stephen Harrington picked up 3,000 shares in the brickmaker at a price of 166.35p apiece, for a total consideration of £4,990.50 on 8 Sept
Read moreThursday newspaper share tips: Barratt Developments, Forterra
8th Sep 2016 14:13
(ShareCast News) - Concerns regarding Barratt Development's strategy and exposure to the high-end of the London market are overdone, The Times's Tempus said. The lack of a land bank was a conscious choice by management, which decided to pursue a higher margin business model, although in uncertain ti
Read moreForterra's profits fall due to low demand amid economic uncertainty
7th Sep 2016 10:43
(ShareCast News) - Brickmaker Forterra's first half year revenues fell since becoming a public company as it turned off kilns at two sites due to low demand amid housebuilding uncertainty. For the six months ended 30 June, revenue decreased by 3.2% to £146m, compared to the same period last year, an
Read moreSunday share tips: Ibstock, Forterra, Asda, Tesco, Sainsbury
10th Jul 2016 16:35
(ShareCast News) - Don´t try to catch a falling brick was the view of The Sunday Times´s Danny Fortson regarding shares in Ibstock and Forterra. Stock in both brick-markers had tanked by almost 40% since the Brexit vote and in the case of the latter analysts at Deutsche Bank believed they had been '
Read moreForterra considers mothballing two plants due to 'economic uncertainty'
5th Jul 2016 12:23
(ShareCast News) - Producer of manufactured masonry products Forterra said profit was in line with expectations but is considering mothballing two plants due to current economic uncertainty. The company reported in a six month trading update for the period ending 30 June, that profit was as expected
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