Tuesday broker round-up
3rd May 2016 15:50
(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3
Read moreTV advertising spending 'flat' in second quarter, reports say
28th Apr 2016 10:30
(ShareCast News) - UK television advertising spending is expected to be roughly flat in the second quarter of the year, according to industry reports. TV adspend fell by a larger-than-forecast 7% in April and is likely to be "little better than flat" in the second quarter after expanding by roughly
Read moreFTSE 100 movers: Miners and banks slump but Imperial gains on upgrade
25th Apr 2016 14:05
(ShareCast News) - London's FTSE 100 index was down 0.8% to 6,260.09 in afternoon trading, with miners pacing the decline. Heavily-weighted mining stocks were the worst performers as metals prices slipped, with Anglo American, BHP Billiton, Rio Tinto and Glencore all firmly on the back foot. Standa
Read moreFriday broker round-up
22nd Apr 2016 15:08
(ShareCast News) - Acacia Mining: Jefferies reiterates buy with a 390p target and Citigroup stays at neutral with a target price of 340p. ITV: UBS stays at sell with a 230p target. Easyjet: Credit Suisse keeps at outperform with a target price of 2137p. Lloyds: Deutsche Bank keeps at buy with a t
Read moreMonday broker round-up
18th Apr 2016 14:31
(ShareCast News) - Thomas Cook: Berenberg upgrades to hold with a target price of 105p and Goldman Sachs reiterates sell with a 94p target. Rightmove: Investec upgrades to buy with a target price of 4400p. Spirax: RBC downgrades to sextor perform with a target price of 3700p. Polymetal: Deutsche B
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 moreITV in deal talks with Peppa Pig owner Entertainment One, no offer made yet
14th Apr 2016 07:53
(ShareCast News) - Broadcaster ITV has held takeover talks with Entertainment One, the FTSE 250-listed owner of Peppa Pig and distributor of the new David Brent film, according to reports. Talks have been exploratory and no final decision has been made, with Entertainment One confirming on Thursday
Read moreThursday newspaper round-up: RBS, ITV, Tata, BP
14th Apr 2016 07:23
(ShareCast News) - George Osborne will have to consider selling the public stake in Royal Bank of Scotland at a loss because keeping it in the public sector is bad for the bank and the economy, the outgoing head of the Treasury has claimed. Sir Nick Macpherson said it was "going to be tricky" for th
Read moreBT facing TV critisicm ahead of looming Champions League rights auction
12th Apr 2016 12:12
(ShareCast News) - BT Group may not be allowed to retain exclusive UK rights to broadcast Champions League football after the current three-season deal, giving confidence to ITV and Sky when they return to the bidding table later this year. A senior official at the European football governing body h
Read moreSocGen highlights 11 stocks that could benefit from Euro 2016
8th Apr 2016 14:03
(ShareCast News) - Ahead of the UEFA European Football Championship that kicks off in June, Societe Generale highlighted a selection of stocks that could benefit from the tournament. The matches, which will take place in France, are expected to attract more than 2.5m fans - around 1.5m foreign visit
Read moreWednesday broker round-up
6th Apr 2016 14:37
(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
Read moreBroker tips: Fever-Tree, Admiral, ITV
14th Mar 2016 14:03
(ShareCast News) - Investec reiterated its 'buy' rating and target price of 740p for Fever-Tree on Monday after the carbonated drinks maker reported a jump in full year profit. In the year to the end of December, pre-tax profit rose to £16.8m compared with £2.5m the previous year as revenue grew 71%
Read moreITV 'cheap' and advertising outlook not so gloomy, says Morgan Stanley
14th Mar 2016 13:13
(ShareCast News) - ITV shares look cheap compared to those of sector peers, said Morgan Stanley as it predicted a better advertising outlook than recent data had suggested. Along with its full year results, ITV said it was seeing flat advertising in the first quarter and that April was weak at minus
Read moreDirector dealings: ITV's chairman elect forks out for shares
9th Mar 2016 16:20
(ShareCast News) - Ahead of his promotion to chairman, ITV non-executive director Peter Bazalgette has invested £350,000 in the broadcaster's shares. Bazalgette, who will take up the role after the FTSE 100 company's annual shareholder meeting on 12 May, bought 150,430 shares at a price of 231.5p ap
Read moreCredit Suisse adds to overweight position on insurers
9th Mar 2016 12:14
(ShareCast News) - Credit Suisse on Wednesday reiterated its upbeat stance on the insurance sector, adding to its 'overweight' position and recommended investors on "sustainable" yield plays. However, the broker pointed out how the sector was "very sensitive" to credit spreads - which were pricing i
Read more