Barclays upgrades Imperial Brands on improving margin confidence
24th May 2016 09:25
(ShareCast News) - Barclays upgraded Imperial Brands to 'overweight' from 'equalweight' and lifted the price target to 4,200p from 3,750p, driven by more bullish medium-term expectations. The bank said organic sales momentum is improving and margin/cash generation increases underpin dividend growth
Read moreFriday broker round-up
20th May 2016 14:32
(ShareCast News) - Exova Group: Goldman Sachs reiterates buy with a 195p target. Grainger: Jefferies retains buy with a 215p target. Thomas Cook: JP Morgan keeps at neutral with a 90p target and Goldman Sachs reiterates sell with a target price of 72p. Serco Group: JP Morgan reiterates neutral wit
Read moreTobacco companies lose High Court challenge over plain packaging
19th May 2016 12:36
(ShareCast News) - Tobacco firms have lost a High Court challenge against the government's new plain packaging rules, which are due to kick in on Friday. The challenge was led by Philip Morris International and British American Tobacco, while Imperial Brands and Japan Tobacco International were int
Read moreImperial Brands to appeal France's cigarette plain packaging rules
10th May 2016 13:02
(ShareCast News) - Imperial Brands' French subsidiary has revealed plans to appeal to France's top court against laws that will force cigarettes to be sold in plain packaging from the start of next year. Seita, the manufacturer of the iconic Gauloises and Gitanes cigarettes smoked by Jean-Paul Sartr
Read moreMonday broker round-up
9th May 2016 15:26
(ShareCast News) - Easyjet: RBC upgrades to outperform with a 1500p target. Restaurant Group: UBS downgrades to neutral with a 305p target. Burberry: Barclays keeps at equal-weight with a 305p target. Smith & Nephew: Berenberg reiterates buy with a target of 1300p and Barclays stays at overweight
Read moreImperial Brands profit slides but revenue up
4th May 2016 07:49
(ShareCast News) - Imperial Brands, formerly known as Imperial Tobacco, posted a drop in first-half profit although revenue was underpinned by the ITG Brands acquisition. Pre-tax profit in the six months to the end of March fell to £452m from £1.05bn in the same period a year ago. This was despite g
Read moreBroker tips: Imperial Brands, StanChart, Acacia Mining
25th Apr 2016 12:57
(ShareCast News) - Imperial Brands, formerly known as Imperial Tobacco, was a high riser on Monday as Goldman Sachs upgraded the stock to 'buy' from 'neutral' following recent underperformance. It noted the shares are down 8% over the past month versus its European staples coverage and the broader m
Read moreImperial Brands boosted by Goldman upgrade to 'buy'
25th Apr 2016 10:38
(ShareCast News) - Imperial Brands, formerly known as Imperial Tobacco, was a high riser on Monday as Goldman Sachs upgraded the stock to 'buy' from 'neutral' following recent underperformance. It noted the shares are down 8% over the past month versus its European staples coverage and the broader m
Read moreSunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica
3rd Apr 2016 16:33
(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions
Read moreLondon close: FTSE closes lower as traders sift through data
3rd Mar 2016 16:07
(ShareCast News) - The FTSE 100 closed in the red on Thursday following a batch of downbeat economic data. UK services activity declined much more than expected in February as economic growth slowed to its weakest for almost three years, according to Markit/CIPS data. The Markit/CIPS services purch
Read moreThursday broker round-up
3rd Mar 2016 15:02
(ShareCast News) - ITV: Jefferies reiterates buy with a target price of 310p, Exane BNP Paribas keeps at neutral with a target of 250p, UBS stays at sell. 230P target and Nomura reiterates buy with a target price of 320p. Intertek: Deutsche Bank reiterates hold with a target price of 2700p and JP Mo
Read moreFTSE 100 movers: Admiral charges ahead while Whitbread slumps
3rd Mar 2016 14:29
(ShareCast News) - The FTSE 100 was down 0.28% to 6,130.15 in afternoon trading on Thursday, having gained X to Y, as oil slipped back and investors digested the slowest growth in construction since last April. Admiral led the risers, after it posted a forecast-beating and record 6% jump in full-yea
Read moreFriday broker round-up
12th Feb 2016 15:24
(ShareCast News) - Cambian Group: Berenberg downgrades to hold with a target of 60p. Shaftesbury: Credit Suisse upgrades to outperform with a target price of 945p. Acacia Mining: UBS and Deutsche Bank reiterate buy with a target of 275p and 280p respectively. Ashmore: Citigroup stays at buy with a
Read moreImperial Brands' tobacco revenue jumps 10%
11th Feb 2016 07:02
(ShareCast News) - Imperial Brands has posted a 10% jump in tobacco revenue for the first quarter, and said it is on track to meet full year expectations. In a trading update for the three months to 31 December, the FTSE 100 company which was previously named Imperial Tobacco, said net tobacco reven
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