Thursday broker round-up

30th Apr 2020 13:16

(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.

Read more

Grafton trading in line, to reopen branches next week

29th Apr 2020 08:10

(Sharecast News) - Building materials distributor and DIY retailer Grafton said on Wednesday that trading in the year to mid-March was broadly in line with its expectations and that many of its branches will return to more extended operations next week.

Read more

Friday broker round-up

24th Apr 2020 13:45

(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.

Read more

Grafton CEO, CFO volunteer to take 20% pay cut due to Covid-19

8th Apr 2020 07:52

(Sharecast News) - Building materials company Grafton said on Wednesday that its chief executive and chief financial officers have volunteered to take a pay cut amid the coronavirus outbreak.

Read more

Grafton closes Woodie's DIY due to Covid-19

30th Mar 2020 08:04

(Sharecast News) - Building materials distributor Grafton said on Monday that it has closed its Woodie's DIY, home and garden business and significantly scaled down the operations of the distribution business in Ireland following government restrictions to slow the spread of Covid-19.

Read more

Grafton warns on profits as it suspends divi, withdraws guidance

24th Mar 2020 14:43

(Sharecast News) - Builders' merchant Grafton Group said on Tuesday that it will close all of its UK distribution branches and manufacturing plants for the next three weeks as it warned that the outbreak of the coronavirus will dent revenue and profit, withdrew guidance and suspended its dividend.

Read more

Friday broker round-up

28th Feb 2020 13:28

(Sharecast News) - McColl's Retail Group: Liberum upgrades to buy with a target price of 45p.

Read more

Grafton profits slip on weaker UK economy

27th Feb 2020 10:13

(Sharecast News) - A weakening UK market in the second half of the year saw UK builders merchanting group Grafton reported a slight fall in profits on Thursday.

Read more

Grafton reports better-than-expected end to 2019

14th Jan 2020 07:02

(Sharecast News) - Builders merchant Grafton on Tuesday reported better-than-expected trading conditions in November and December despite a weaker UK market.

Read more

Director dealings: Grafton Group CFO and his wife buy in

31st Oct 2019 15:58

(Sharecast News) - Grafton Group finance chief David Arnold and his spouse bought shares in the wholesaler of building supplies and materials on the previous Wednesday.

Read more

FTSE 250 movers: Avast ascends, Aston Martin stalls

18th Oct 2019 14:46

(Sharecast News) - London's FTSE 250 was 0.24% higher at 20,270.26 in afternoon trade on Friday, with Avast leading the index higher.

Read more

Thursday broker round-up

17th Oct 2019 13:11

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

Read more

Grafton Group warns on profits amid softer trading

17th Oct 2019 09:24

(Sharecast News) - Grafton Group updated the market on its third-quarter trading on Thursday, following the sale of Plumbase and its Belgian operations, reporting a 0.9% improvement in like-for-like group revenue in continuing operations, and a 4.5% rise in total revenue for the three months ended 30 September.

Read more

FTSE 250 movers: SIG slides, Clarkson climbs

7th Oct 2019 14:23

(Sharecast News) - London's FTSE 250 was down 0.23% at 19,436.03 in afternoon trade on Monday, with SIG leading the index lower.

Read more

Grafton sells specialist plumbing and heating business Plumbase

2nd Oct 2019 07:46

(Sharecast News) - Builders' merchant Grafton Group has sold its specialist UK plumbing and heating business, Plumbase, to Plumbing and Heating Investments Limited, for an enterprise value of £66.75m.

Read more