Thursday broker round-up
3rd Nov 2016 11:39
(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag
Read moreIAG to install wi-fi on shorthaul flights
2nd Nov 2016 14:54
(ShareCast News) - British Airways and Iberia parent International Consolidated Airlines confirmed on Wednesday that it will install Inmarsat's European Aviation Network high-speed, inflight passenger connectivity service on up to 341 of its shorthaul aircraft. Inmarsat's next generation connectivit
Read moreBroker tips: IAG, Morgan Advanced Materials, Robert Walters
31st Oct 2016 16:11
(ShareCast News) - Credit Suisse reiterated its 'outperform' stance on shares of IAG Group, pointing to the carrier´s upcoming Capital Markets Day as a potential catalyst for confidence in the firm and its self-help measures. The Swiss broker´s analysts cut their estimate for the airline´s 2016 e
Read moreCredit Suisse sees potential for increased payouts at IAG, reiterates outperform
31st Oct 2016 11:19
(ShareCast News) - Credit Suisse reiterated its 'outperform' stance on shares of IAG Group, pointing to the carrier´s upcoming Capital Markets Day as a potential catalyst for confidence in the firm and its self-help measures. The Swiss broker´s analysts cut their estimate for the airline´s 2016 earn
Read moreIAG operating profit flies lower in third quarter
28th Oct 2016 07:09
(ShareCast News) - International Consolidated Airlines Group posted its group consolidated results for the nine months to 30 September on Friday, with third quarter operating profit €1.21bn before exceptional items, down from €1.25bn a year ago. The FTSE 100 firm said the net foreign exchange operat
Read moreSocGen downgrades IAG to 'hold'
27th Oct 2016 11:09
(ShareCast News) - Societe Generale downgraded its stance on British Airways and Iberia parent International Consolidated Airlines to 'hold' from 'buy' and cut the price target to 420p from 500p. The bank said that while IAG has built a strong track record over recent years, over-delivering on cost-
Read moreJP Morgan recommends 'overweight' on Ryanair, Wizz Air, but 'underweight' on IAG
27th Oct 2016 09:34
(ShareCast News) - JP Morgan Cazenove on Thursday said Ryanair remains its "top pick" of European airlines as it took a look at the sector. The bank reiterated an 'overweight' rating on the budget airline and lifted its target price to €15.25 from €14.25. Wizz Air is JP Morgan's second choice of ai
Read moreSunday share tips: IAG, Revolution Bars
23rd Oct 2016 14:59
(ShareCast News) - Sell IAG, said the Sunday Times' Inside the City column, ahead of the airline's important third-quarter trading update on Friday. The holding company for British Airways and Spain's Iberia is being priced for a bumpy landing, with the shares slipping by a third when Brexit result
Read moreLufthansa flies higher as it lifts 2016 profit target; peers get a boost
20th Oct 2016 12:01
(ShareCast News) - Deutsche Lufthansa shares flew higher on Thursday as the airline lifted its earnings forecast for the year and posted better-than-expected earnings for the first nine months. Adjusted earnings before interest and taxes for the nine months came in at €1.68bn, down a touch from €1.6
Read moreWednesday broker round-up
19th Oct 2016 12:06
(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
Read moreBroker tips: Crest Nicholson, IAG, Wizz Air
19th Oct 2016 11:58
(ShareCast News) - Crest Nicholson got a boost on Wednesday as Barclays said the stock was its 'top pick', replacing Redrow, following a period of share price underperformance that has left it looking "highly attractive". In a note on the UK housebuilding sector, the bank said that aside from a brie
Read moreIAG rallies on Credit Suisse upgrade
19th Oct 2016 09:04
(ShareCast News) - International Consolidated Airlines shares rose on Wednesday as Credit Suisse raised its rating on the stock to 'outperform' from 'neutral' and lifted its target price to 469p from 439p Credit Suisse said rising premium fares at the company's British Airways business suggest "top
Read moreIAG passenger traffic mostly up in September, though cargo mixed
5th Oct 2016 15:10
(ShareCast News) - Airline group IAG released its group traffic and capacity statistics for September on Wednesday, with traffic - as measured in revenue passenger kilometres - up 4.8% year-on-year, while capacity in available seat kilometres rose by 5.6%. The FTSE 100 firm said group premium traffi
Read moreTuesday broker round-up
20th Sep 2016 15:46
(ShareCast News) - Petra Diamonds: Citigroup reiterates buy with a target price of 120p; JP Morgan reiterates overweight with a 139p target. Bovis Homes: UBS upgrades to neutral, 910p target. Electrocomponents: Credit Suisse keeps at underperform with a 300p target. Easyjet: HSBC keeps at reduce w
Read moreFTSE 100 movers: Burberry in fashion after London catwalk show
20th Sep 2016 12:46
(ShareCast News) - London's blue chip shares were in style on Tuesday, as reports from London Fashion Week proved a welcome diversion for investors who were bracing themselves for central bank announcements later in the week. Plenty of positive commentary surrounding Burberry's fashion show in Londo
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