Friday 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 moreBroker tips: Vodafone, Hays, BT Group
2nd Sep 2016 10:07
(ShareCast News) - UBS reiterated a 'buy' rating on Vodafone and left its target price unchanged at 310p on Friday. Vodafone and Liberty Group have received conditional clearance from the European Commission for the merger of their Dutch assets. UBS said it believes investor focus is now switching b
Read moreCredit Suisse ups Hays to 'neutral'
2nd Sep 2016 08:25
(ShareCast News) - Credit Suisse upgraded recruiter Hays to 'neutral' from 'underperform' and lifted the price target to 125p from 100p. "We expect that the UK market will be challenging through FY17E but this should be offset by FX tailwinds and like for like profit growth in its other operations."
Read moreHays full-year profit, net fee income up
1st Sep 2016 07:32
(ShareCast News) - FTSE 250 recruiter Hays reported a rise in profit for the year to the end of June as net fee grew and the company said it was too early to gauge how Brexit will affect the business. Net fee income rose to £810.3m from £764.2m, with operating profit up 10% to £181m and pre-tax prof
Read moreThursday preview: Hays reports full year results
31st Aug 2016 12:24
(ShareCast News) - Hays reports its full year results on Thursday with analysts expecting the recruitment giant to report an increase in earnings following a strong fourth quarter trading update. At the fourth quarter trading update on 14 July, the company reported a like-for-like 8% increase in net
Read moreSector movers: Support services firms get boost from UBS
15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
Read moreHays expects FY operating profit ahead of market views
14th Jul 2016 07:58
(ShareCast News) - Hays surged on Thursday after saying it expects full-year operating profit to be ahead of current market estimates at around £180m. For the three months ended 30 June, the FTSE 250 recruitment firm reported total net fee growth of 12% on a headline basis, with like-for-like growth
Read moreFriday newspaper share tips: Rio Tinto, Hays, PageGroup
1st Jul 2016 11:18
(ShareCast News) - Investors in Rio Tinto need not worry about yesterday´s unexpected change of control in Mongolia´s parliament, the Financial Times´s Lex column said. The opposition Mongolian People´s Party won control of the chamber by a landslide vote, prompting some to worry given that one of t
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreFTSE 250 movers: Takeover talks send Entertainment One higher
14th Apr 2016 14:38
(ShareCast News) - The FTSE 250 was trading down on Thursday afternoon, after a unanimous Bank of England decision to keep interest rates steady for the 85th month in a row. Film and television distributor Entertainment One was on the up, after it was revealed that broadcaster ITV held takeover talk
Read moreHays reports good growth despite UK pressures
14th Apr 2016 08:07
(ShareCast News) - FTSE 250 recruitment firm Hays described its third quarter growth as "good" on Thursday, with like-for-like fees climbing 4% in the three months to 31 March despite a 2% negative impact due to the early Easter. By region, Asia Pacific grew 3% on a like-for-like basis, while the UK
Read moreFTSE 250 movers: IPF plunges after profit dips
24th Feb 2016 15:36
(ShareCast News) - The FTSE 250 had undone the week's gains on Wednesday, dropping 140.42 points (0.87%) to 16,088.78 by mid-afternoon. Shares in International Personal Finance plunged after the company's full year revenue and profit before tax dipped. The credit business reported revenue dropped f
Read moreHays net fees, profit edge up on strong performance in Europe
24th Feb 2016 07:47
(ShareCast News) - FTSE 250 recruiter Hays posted a rise in net fees and pre-tax profit for the six months to the end of December, helped along by a strong performance in Europe. Pre-tax profit edged up 7% to £82.4m while net fees were up 8% from a year earlier to £396.9m. Operating profit came in
Read moreMonday broker round-up
15th Feb 2016 18:27
(ShareCast News) - Hargreaves Lansdown: Shore Capital upgrades to buy. Antofagasta: Peel Hunt Limited downgrades to hold with a target price of 425p. Atkins: Citigroup upgrades to neutral with a target of 1160p, from 1120p. Hays: HSBC upgrades to buy with a 155p target. IAG: Bank of America upgra
Read moreBroker tips: Reckitt Benckiser, IAG, Hays
15th Feb 2016 11:32
(ShareCast News) - Reckitt Benckiser's full-year results were "exceptionally strong", broker Canaccord Genuity said following the company's latest results, but the shares already "full-valuation" meant that it left its 'hold' recommendation on ice. The consumer goods giant's full-year results easily
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