Broker tips: Ocado, G4S, AB Foods
28th Jun 2016 13:13
(ShareCast News) - Numis reiterated a 'buy' rating and target price of 400p on Ocado Group on Tuesday after the online grocer reported growth in first half revenue and earnings. The company posted a 5.7% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to £40.4m and
Read moreCredit Suisse upgrades G4S on valuation, sterling weakness
28th Jun 2016 12:09
(ShareCast News) - Credit Suisse upgraded security services company G4S to 'outperform' from 'neutral' and lifted the price target to 210p from 200p, pointing to four main reasons for the move. It said G4S would benefit greatly from sterling weakness, which the Swiss bank reckons will fall 10% acros
Read moreG4S appoints Barbara Thoralfsson as non-exec director
21st Jun 2016 10:47
(ShareCast News) - Security company G4S said it had appointed Barbara Thoralfsson as a non-executive director of its board with effect from 1 July 2016. Thoralfsson will become a member of the board's nomination and remuneration committees, G4S said. She was chief executive of NetCom ASA, Norway's
Read moreFTSE 250 movers: Aveva flies as G4S wilts amid Brexit pall
13th Jun 2016 16:56
(ShareCast News) - FTSE 250 finished lower alongside its blue-chip sibling as Brexit fears acted as a dead-weight on sentiment and trade, but served to boost the appeal and price of safe-haven gold. Aveva was ahead almost 10% as it confirmed receiving a revised and conditional proposal from Schneide
Read moreG4S hit by connection to Orlando shooter Omar Mateen
13th Jun 2016 11:59
(ShareCast News) - Shares in G4S slumped after it emerged the security services company employed Omar Mateen, the suspect responsible for a mass shooting at the Pulse gay nightclub in Orlando, Florida where at least 50 people were killed. Mateen, who has been identified by state police as the gunman
Read moreThursday broker round-up
19th May 2016 13:42
(ShareCast News) - Countryside Properties: JP Morgan reiterates overweight with a 280p target. SSP Group: Citigroup retains buy with a 340p target. Polymetal International: Jefferies keeps at underperform with a 520p target and UBS reiterates neutral with a target price of 675p and Deutsche Bank st
Read moreTuesday newspaper share tips: G4S, Dignity
10th May 2016 15:41
(ShareCast News) - True, stock prices don't go up in a straight line, but before yesterday's bounce shares in G4S were trading at their lowest since early 2009, The Time's Tempus pointed out. Investors breathed a sigh of relief the security services outsourcer G4S didn't announce any more 'bad news'
Read moreG4S makes 'positive' start to year, no new impairments
9th May 2016 07:40
(ShareCast News) - Security firm G4S said on Monday that it has made a positive start to the year despite a challenging backdrop, with no new impairments. In a trading update for the three months to the end of March ahead of a speech to be given at the JP Morgan Cazenove European Business Services c
Read moreSunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica
3rd Apr 2016 16:33
(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions
Read moreTuesday broker round-up
15th Mar 2016 16:46
(ShareCast News) - Virgin Money: Goldman Sachs reiterates neutral with a target price of 450p and Berenberg stays at hold with a 400p target. Gem Diamonds: Panmure Gordon keeps at buy, 181p target and Finncap reiterates buy with a target of 270p. G4S: Credit Suisse reiterates neutral with a target
Read moreThursday newspaper share tips: G4S, Prudential
10th Mar 2016 19:03
(ShareCast News) - Three years after rising to the helm of G4S, company chief Ashley Almanza is still promising investors he will fix the balance sheet and shrink a bloated cost base, the Financial Times's Lex column said. During that time, net debt has continued to rise, despite his decision to sel
Read moreThursday broker round-up
10th Mar 2016 13:41
(ShareCast News) - Eagle Eye Solutions: Panmure Gordon downgrades to hold with a target price of 163p. Genel Energy: RBC downgrades to sector perform, 115p target. The Restaurant Group: Berenberg downgrades to hold with a target price of 550p, Goldman Sachs downgrades to neutral, 525p target, Citig
Read moreBroker tips: SIG, Rolls-Royce, G4S
10th Mar 2016 11:51
(ShareCast News) - SIG's rating was retained at 'buy' but its target price was lowered to 160p from 165p by Canaccord Genuity after the building products firm reported its full year results. The group posted a 1.4% drop in revenue to £2.67bn on Wednesday, hurt by foreign exchange movements in Europe
Read moreBarclays downgrades G4S after full year results
10th Mar 2016 10:19
(ShareCast News) - Barclays downgraded G4S to 'equalweight' from 'overweight' and slashed the price target to 200p from 310p following the company's 2015 results on Wednesday. The security firm said pre-tax profit fell to £78m from £128m the previous year as it highlighted contract provisions of £65
Read moreG4S tumbles as profit and revenue drop on onerous contracts, restructuring
9th Mar 2016 07:35
(ShareCast News) - Shares in G4S tumbled on Wednesday after the security firm posted a drop in 2015 pre-tax profit and revenue, mainly on the back of onerous contracts and restructuring costs. Pre-tax profit fell to £78m from £128m in 2014 as the company took a hit from a £66m impairment charge rela
Read more