Gooch gains access to US defence market through Gould deal
6th Sep 2018 09:59
(Sharecast News) - Gooch and Housego has acquired Gould Technology for up to $16.4m, strengthening the AIM-listed firm's position in the fused fibre optic technology sector and providing it with enhanced access to strategic US aerospace and defence customers.
Read moreGooch and Housego acquires British manufacturer VITL for £22m
8th Aug 2018 08:16
(Sharecast News) - Gooch and Housego said it had bought UK-based medical manufacturer VITL for up to £22m as part of its efforts to expand the group's presence in the life sciences sector.
Read moreGooch & Housego confirms full year targets
5th Oct 2016 09:04
(ShareCast News) - AIM-listed Gooch & Housego, a manufacturer of optical components and systems, confirmed it had traded in line with full year expectations thanks to improved demand for industrial lasers and fibre-based products. Chief executive Mark Webster said the company was "well placed for fu
Read moreGooch & Housego confirms two aerospace and defence acquisitions
11th Jul 2016 14:02
(ShareCast News) - Optical components and systems manufacturer Gooch & Housego announced on Monday that it has completed two acquisitions, expanding its presence in the aerospace and defence sectors. The AIM-traded company confirmed the two acquisitions as Kent Periscopes - a UK-based specialist sup
Read moreTuesday broker round-up
5th Apr 2016 15:09
(ShareCast News) - Royal Mail: Investec reiterates buy with a target price of 580p. Gooch Housego: Investec reiterates buy, 1020p target and Finncap keeps at hold. Glencore: Exane BNP Paribas maintains outperform with a target price of 165p. Babcock: JP Morgan reiterates overweight with a targe
Read moreGooch & Housego first-half pre-tax profit up 23.5%, boosted by industrial division
9th Jun 2015 10:30
Gooch & Housego posted a 23.5% rise in first-half adjusted pre-tax profit on Tuesday, driven by a strong performance in the company's industrial division. Pre-tax profit came in at £6.3m from £5.1m in the same period a year ago, while revenue rose 13.1% to £38.9m from £34.4m. In the industrial segm
Read moreTuesday broker round-up
9th Jun 2015 07:52
Reed Elsevier: Barclays ups target price to 1,225p and lifts recommendation to overweight from equal-weight. HSBC Holdings: Investec reiterates hold and 620p target. Bernstein keeps target price at 650p. Goldman Sachs places estimates under review. Credit Suisse reiterates underperform and 580p targ
Read moreWednesday broker round-up:
8th Apr 2015 16:42
AstraZeneca: Morgan Stanley lifts target price to 4,500p from 4,300p, reiterates underweight. BG Group: Canaccord Genuity improves target price to 1,300p from 1,016p and downgrades to hold. GlaxoSmithKline: Deutsche Bank raises target price to 1,600p from 1,300p and reiterates hold. Tate&Lyle: Num
Read moreGooch & Housego chief executive sells 0.5m shares
10th Dec 2014 15:33
Gareth Jones, chief executive at Gooch & Housego, has pocketed £342,500 after selling 0.5m shares at 685p each at the fibre optic company. Jones, who now holds 0.45m shares, said last week in the group's full year report that it suffered "considerable foreign exchange headwinds". However, Gooch & H
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreTuesday broker round-up UPDATE
10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read moreGooch & Housego profits rise despite challenging markets
10th Jun 2014 07:45
- Half-year growth in difficult markets - Strong Aerospace & Defence and Industrial divisions - Confident of long-term growth Optical components maker Gooch & Housego said it delivered profitable growth and improving margins in less than buoyant market conditions. Adjusted pre-tax profit rose to £
Read moreGooch & Housego receives government grant
16th Apr 2014 13:43
Optical components maker Gooch & Housego has secured a grant from the UK government's Regional Growth Fund to further develop its Systems Technology Group (STG). The AIM-listed company, which was one of 37 businesses to be selected through a competitive process from 133 applications, has been grant
Read moreTuesday broker round-up UPDATE
8th Apr 2014 09:18
API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai
Read moreGooch & Housego trading in line
7th Apr 2014 07:11
- Trading in line with expectations - Continuing streamling operations - Order book up nine per cent from start of year AIM-listed optical components and systems manufacturer Gooch and Housego said trading in the last six months was in line with management expectations, following good growth in its
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