Howden Joinery says trading in line so far
28th Apr 2016 07:51
(ShareCast News) - Howden Joinery reported a jump in revenue as it said its performance so far this year has been in line with its expectations. In a trading update for the 16 weeks to 16 April, the FTSE 250 kitchens and joinery products supplier said UK revenue was up 8.7% on the corresponding peri
Read moreMonday broker round-up
25th Apr 2016 13:13
(ShareCast News) - Ted Baker: Jefferies upgrades to buy with a 3000p target. Howden Joinery Group: Goldman Sachs upgrades to neutral with a 515p target. Genel Energy: Barclays keeps at overweight with a target price of 115p and Canaccordreiterates speculative buy with a target of 165p. Royal Dutch
Read moreHowden Joinery full year profit ticks up, "well-positioned" for 2016
25th Feb 2016 10:24
(ShareCast News) - Howden Joinery's full year 2015 profit ticked higher as revenue nudged up following a strong performance, particularly in the UK depot business. For the year to the end of December, pre-tax profit rose to £219.6m from £188.8m in 2014, on revenue of £12.2bn up from £1.1bn. The com
Read moreHowden Joinery non-exec chairman to step down in 2016
2nd Dec 2015 08:22
(ShareCast News) - Will Samuel is set to step down from his role as non-executive chairman of Howden Joinery, the kitchens and joinery manufacturer said. Samuel, who will leave his position after the annual general meeting in 2016, will be replaced by Richard Pennycook, who has held the role of non-
Read moreFriday broker round-up
6th Nov 2015 11:14
(ShareCast News) - Weir Group: Citigroup downgrades to neutral. Target price: 1200.00p Amec Foster Wheeler: UBS downgrades to neutral, cuts target price to 600.00p. Citigroup downgrades to neutral. JP Morgan Cazenove reiterates to overweight, reduces target price to 739.00p Rsa Insurance Group:
Read moreBroker tips: SSE, Howden Joinery, StanChart
5th Nov 2015 13:26
(ShareCast News) - Lower gas prices spell trouble for utilities companies in Europe, especially so for SSE which will see the pressure pile up on its dividend and undermine its premium rating, Goldman Sachs said. Oversupply in global liquid natural gas markets was set to drive European gas prices do
Read moreN+1 Singer upgrades Howden Joinery to buy from hold
5th Nov 2015 11:16
(ShareCast News) - Howden Joinery managed to skirt the troubles seen elsewhere in the sector since summer and October trading was "outstanding", so the shares have scope to recover after the battering they took on the heels of Travis Perkins´ warning last month, N+1 Singer told clients. Strong tradi
Read moreThursday broker round-up
5th Nov 2015 09:38
(ShareCast News) - Standard Chartered: Macquarie downgrades to underperform. Target price: 550.00p. Quarto Group Inc: Northland Capital Partners initiates new coverage with a buy, sets target price at 350.00p. Howden Joinery Group: N+1 Singer upgrades to buy. Sabmiller: Societe Generale downgrades
Read moreHowden Joinery says well positioned for full year
5th Nov 2015 08:34
(ShareCast News) - Howden Joinery said it remains well positioned to achieve its expectations for the full year as it reported a good sales performance so far in the second half. The supplier of kitchens and joinery said total revenue at its UK depots rose 12.8% in the second half of the year to 31
Read moreHowden Joinery's CEO sells £6m worth in shares
7th Aug 2015 16:05
(ShareCast News) - The chief executive of Howden Joinery Group made £6.12m after selling 1.25m of his shares in the kitchen trade supplier. Matthew Ingle sold the shares for an individual price of 492.49p, but still holds 4m shares, which represent 0.62% of the company's share capital. The group la
Read moreFriday broker round-up
24th Jul 2015 16:19
(ShareCast News) - Aberdeen Asset Management: JP Morgan Cazenove reiterates neutral stance and trims target to 415p from 435p. SocGen stays at hold but lowers target to 410p from 485p. Jefferies keeps at hold with 405p target, down from 460p. Aggreko: Investec keeps at sell. AG Barr: Investec reite
Read moreHowden Joinery posts rise in first-half revenue but operating profit disappoints
23rd Jul 2015 10:55
(ShareCast News) - Shares in kitchen trade supplier Howden Joinery fell despite the company posting a rise in pre-tax profit and revenue and saying it was well-placed to achieve expectations for the full year, with analysts pointing to disappointment over the operating profit. Pre-tax profit came in
Read moreSector movers: Mining shares, Vodafone chatter edge FTSE 100 towards record high
22nd May 2015 13:46
Mining and telecommunications shares, with the latter led by Vodafone, edged the FTSE 100 towards a record high on Friday. With the weekend closing bell in sight, at 16:15 BST, the blue chip index was up 0.55% or 38.24 points at a fresh record high of 7051.71. Chatter over Vodafone's possible merger
Read moreFTSE 250 movers: JustEat surges on Munlog offer, miners higher
22nd May 2015 13:15
UK stocks were retained gains on Friday, buoyed by higher commodity prices and data revealing the US remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. As of 15:30 BST, the FTSE 250 was trading 68 po
Read moreBroker tips: BHP Billiton, BP, Building materials sector
22nd May 2015 11:39
Investec has upgraded its stance on BHP Billiton from 'sell' to 'hold' following the spin-off of the miner's South32 portfolio this week, as well as recent reduced capital and operating cost guidance. While many of BHP's remaining key commodities at prices not seen since 2009, the broker said: "We e
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