Hays gets a boost from HSBC upgrade
15th Feb 2016 08:45
(ShareCast News) - Hays got a boost on Monday after HSBC upgraded the stock to 'buy' from 'hold' and lifted the price target to 155p from 140p as it took a look at the UK staffing sector. The bank noted Hays trades at a CY16 price-to-earnings ratio of around 13x and EV/EBITDA multiple of around 8x o
Read moreRBC upgrades Hays to 'outperform', notes sufficient upside
25th Jan 2016 09:27
(ShareCast News) - RBC Capital Markets upgraded Hays to 'outperform' from 'sector perform' but trimmed the target price to 140p from 150p. It said the stock has come a long way despite only seeing a minor slowdown in second quarter growth with a weaker UK being offset by Europe. "Despite factoring
Read moreThursday newspaper share tips: Disconnecting from TalkTalk
14th Jan 2016 11:13
(ShareCast News) - The TalkTalk hacking combined with a price war against its rivals has led The Telegraph's Questor to rat the shares at 'sell'. The column noted in the last six months, shares have halved and believes the worst is yet to come as the company looks weak. It said the telco grew when
Read moreHays posts 7% jump in second quarter net fees
13th Jan 2016 08:50
(ShareCast News) - Recruitment group Hays reported a rise in second quarter net fees thanks to solid demand in Continental Europe. The company, whose shares slumped on Tuesday following a downbeat update from peer Michael Page, said underlying net fees rose 7% in the quarter to the end of December.
Read moreHays non-exec director steps down
11th Nov 2015 16:29
(ShareCast News) - Richard Smelt has stepped down from his role as Hays' non-executive director, the recruitment company said on Wednesday. In a short statement, the FTSE 250 group said Smelt vacated his position at the conclusion of the company's annual general meeting on 11 November. "The board w
Read moreThursday broker round-up
22nd Oct 2015 10:20
(ShareCast News) - Centamin (di): Goldman Sachs starts new coverage with a buy, sets target price at 80.00p. Lonmin: JP Morgan Cazenove upgrades to overweight, raises target price to 35.00p. Pearson: JP Morgan Cazenove downgrades to neutral. Target price: 1080.00p. Hays: Credit Suisse upgrades to
Read moreBroker tips: Standard Chartered, Hays, IAG
12th Oct 2015 16:07
(ShareCast News) - Investec downgraded Standard Chartered to 'hold' from 'buy' with an unchanged target price of 820p. It said the latest leg of Standard Chartered's 26% eight-session surge appears to have been driven by market enthusiasm around media reports of plans to cut about 1,000 top staff.
Read moreMonday broker round-up
12th Oct 2015 14:37
(ShareCast News) - Kaz Minerals: Goldman Sachs downgrades to sell, cuts target price to 110.00p. Darty: Liberum Capital starts new coverage with a buy, sets target price at 100.00p. Avon Rubber: N+1 Singer downgrades to hold, raises target price to 1040.00p. Berendsen: RBC Capital Markets upgrades
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreBroker tips: Hays, Weir, Sports Direct
9th Oct 2015 13:21
(ShareCast News) - HSBC downgraded Hays to 'hold' from 'buy' and cut its price target to 140p from 200p. It said Hays' UK growth is slowing, as evidenced by the company's second-quarter trading update, and the bank's bull case was premised on accelerating growth and margin recovery. "Until we get f
Read moreHSBC downgrades Hays, points to slowing UK growth
9th Oct 2015 10:50
(ShareCast News) - HSBC downgraded Hays to 'hold' from 'buy' and cut its price target to 140p from 200p. It said Hays' UK growth is slowing, as evidenced by the company's second-quarter trading update, and the bank's bull case was premised on accelerating growth and margin recovery. "Until we get f
Read moreLondon close: Stocks rise after BoE and ECB meeting minutes
8th Oct 2015 16:22
(ShareCast News) - UK stocks gained after the Bank of England decided to keep interest rates unchanged and the European Central Bank suggested it might consider further stimulus. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as e
Read moreFTSE 250 movers: Dunelm rallies on strong sales; Hays tumbles on cautious outlook
8th Oct 2015 13:50
(ShareCast News) - London's FTSE 250 index was down 0.3% to 16,978.38 at 1430 BST, as investors digested news that the Bank of England has decided to stand pat on interest rates and the size of its asset purchase programme, as widely expected. Dunelm was on the front foot after the homeware retailer
Read moreLondon midday: Stocks rise as BoE votes to keep interest rates unchanged
8th Oct 2015 11:07
(ShareCast News) - London stocks recovered slightly from losses earlier on Thursday as the Bank of England decided to keep interest rates unchanged. The BoE's Monetary Policy Committee voted 8-1 to maintain rates at 0.50% and its asset purchase programme at £375bn, as expected by analysts. Ian McCaf
Read moreLondon open: Stocks fall ahead of BoE, ECB and Federal Reserve meeting minutes
8th Oct 2015 08:31
(ShareCast News) - The FTSE fell on Thursday morning on uncertainty ahead of policy details from the central banks of the UK, US and Europe. The Bank of England will at 1200 BST release its latest policy decision with analysts expecting no change to interest rates or the asset purchase programme. An
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