Sunday share tips: Stagecoach, Be Heard Group, GKN
4th Sep 2016 12:43
(ShareCast News) - Shares in Stagecoach are worth holding despite falling 38% over the last 12 months, said the Sunday Times' Inside the City column, which pondered whether much more of a fall could see founder Brian Souter take the business private again. There are a few possible reasons for the co
Read moreFriday broker round-up
2nd Sep 2016 19:04
(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar
Read moreJPMorgan Cazenove lifts Bodycote to Neutral, hikes target price
22nd Aug 2016 15:56
(ShareCast News) - JPMorgan Cazenonve has upgraded Bodycote to Neutral, from Underweight, and hiked its target price on the stock. It remains Overweight on GKN, Oxford Instruments, Smiths and Spirax-Sarco, and Underweight on Fenner and Weir. The brokerage said first-half 2016 for UK Capital Goods s
Read moreMonday broker round-up
22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
Read moreMonday newspaper round-up: Brexit chaos, Nigeria oil, house prices, ITV-ETO
22nd Aug 2016 07:02
(ShareCast News) - Leaving the EU may not not happen anytime soon given that civil servants charged with the task don't yet have an office and hold meetings in Starbucks. Some estimates suggest "full Brexit" may take 10 years and involve up to 10,000 people, not only in the new and other so-called "
Read moreFriday broker round-up
19th Aug 2016 12:07
(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps
Read moreBroker tips: Brewin Dolphin, GKN, Drax
27th Jul 2016 11:04
(ShareCast News) - RBC Capital Markets upgraded Brewin Dolphin Holdings to an 'outperform' rating from 'sector perform' on Wednesday after the company reported its third quarter interims. The investment management and financial planning firm said total income rose 1% to £71.3m in the third quarter,
Read moreGKN shares fall on Citi downgrade
27th Jul 2016 09:45
(ShareCast News) - GKN shares fell on Wednesday as Citi downgraded the stock to 'neutral' from 'buy' and left its target price unchanged at 315p after the company reported a first half trading update. The maker of parts for automotive and aerospace sectors on Tuesday said pre-tax profit fell 14% to
Read moreGKN H1 profit drops but revenue boosted by acquisitions
26th Jul 2016 07:10
(ShareCast News) - Engineer GKN reported a drop in first-half pre-tax profit and said it expects to book a charge in the second half of the year as it looks to cut costs, although revenue was boosted by acquisitions. For the six months ended 30 June, pre-tax profit fell 14% to £182m on sales of £4.2
Read moreTuesday broker round-up
14th Jun 2016 12:02
(ShareCast News) - Henderson Group: Exane BNP Paribas downgrades to neutral with a target price of 240p. Crest Nicholson: Deutsche Bank keeps at hold with a 542p target. Beazley: UBS stays at neutral with a target price of 376p. Inmarsat: Jefferies keeps at buy with a target of 1245p. Berkeley Gr
Read moreMiners and homebuilders pace losses, precious metals miners shine
9th Jun 2016 14:18
(ShareCast News) - Miners and homebuilders weighed on the main UK equity benchmarks the most, against a backdrop of sovereign bond yields slipping to record lows and some market commentary flagging the risk of sharp drops in equity markets. The yield on the benchmark 10-year Gilt closed one basis po
Read moreGKN first-quarter trading in line
20th Apr 2016 07:45
(ShareCast News) - Engineering group GKN reported a rise in sales in the first quarter, but a drop in the group trading margin. In a trading update for the period ended 31 March, the company said sales rose 12% to £2.18bn, which comprised 1% organic growth, 8% acquisition growth and 3% beneficial cu
Read moreFTSE 100 movers: GKN and StanChart keep market in red
23rd Feb 2016 14:13
(ShareCast News) - After a strong showing on Monday, the FTSE 100 was in the red mid-afternoon on Tuesday, down 31.34 points (0.52%) to 6,006.39. GKN led the fallers despite posting a steady set of results, reporting growth in sales and earnings across most of its operations. Sales at the firm incr
Read moreAutomotive, aerospace carry GKN through 2015
23rd Feb 2016 07:18
(ShareCast News) - Steady sailing was the theme of the year at GKN, with the company reporting growth in sales and earnings across most of its operations on Tuesday. Sales at the FTSE 100 firm increased 4% through the year to 31 December to £7.23bn on a reported basis, from £6.98bn. On a management
Read moreTuesday preview: Market braces for batch of full year earnings results
22nd Feb 2016 12:57
(ShareCast News) - The market is bracing for a busy day of full year earnings releases from a slate of FTSE 350 companies on Tuesday. GKN is expected to report a drop in earnings per share to 26.4p in 2015 from 29.0p the previous year as weakness in its Aerospace and Land Systems businesses offsets
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