FTSE 250 movers: Evraz rises with iron, appetite for Just Eat wanes
7th Mar 2016 14:40
(ShareCast News) - The FTSE 250 was down during afternoon trading on Monday, after an earlier report showed Eurozone investor confidence was expected to fall in March ahead of the European Central Bank's policy meeting later in the week. Indivior was one of the leading risers after Deutsche Bank rei
Read moreDirectors deals: Just Eat boss and finance chief cash in their shares
7th Mar 2016 10:02
(ShareCast News) - Two top directors at Just Eat offloaded a combined over 2m shares held personally by them, sending the price of the company's stock crashing early on Monday. The company's boss, David Butress, and finance chief Mike Wroe sold 1,716,511 and 757,945 shares, respectively, at a price
Read moreWednesday broker round-up
2nd Mar 2016 16:45
(ShareCast News) - Just Eat: JP Morgan reiterates overweight with a target price of 393p and Investec reiterates buy with a target price of 479p. Capital & Counties Properties: Morgan Stanley downgrades to underweight with a target price of 330p. Rightmove: Jefferies upgrades to hold with a target
Read moreJust Eat delivers impressive results to the market
1st Mar 2016 10:03
(ShareCast News) - Hunger for dinner delivered drove Just Eat's numbers in 2015, with the company delivering some impressive results to the market on Tuesday morning. The FTSE 250 takeaway ordering platform saw orders rise 57% during the year to 96.2m. Revenues increased 58% to £247.6m, from 2014's
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreBroker tips: Focusrite, WS Atkins, Just Eat
23rd Feb 2016 13:29
(ShareCast News) - Inspired by watching a documentary about helmet-wearing French electronic music duo Daft Punk, Panmure Gordon analyst George O'Connor issued a 'buy' recommendation on music technology group Focusrite. Panmure's price target for the AIM-listed company, whose ticker code is TUNE, w
Read moreInvestec initiates coverage of Just Eat with 'buy' rating
23rd Feb 2016 09:53
(ShareCast News) - Just Eat's shares rose on Tuesday after Investec initiated its coverage of the stock with a 'buy' rating. Investec said the online take-away food ordering company is comparatively valued to platform peers, such as Rightmove, on enterprise value to earnings before interest, tax, de
Read moreFTSE 250 movers: Market turns on US job data
5th Feb 2016 15:43
(ShareCast News) - The FTSE 250 was still in the green mid-afternoon on Friday by 10.29 points (0.06%) at 6,097.02, but the second-tier market was tracking downwards. Just Eat led the risers after it revealed it had ordered four online takeaway food businesses in Spain, Italy, Brazil and Mexico for
Read moreLondon pre-open: Stocks seen nudging higher ahead of non-farm payrolls
5th Feb 2016 07:37
(ShareCast News) - London stocks are expected to open just a touch higher on Friday as investors err on the side of caution ahead of the all-important US non-farm payrolls report. London's FTSE 100 is seen starting seven points higher than Thursday's close at 5,905. There are no major UK data relea
Read moreJust Eat expands international footprint
5th Feb 2016 07:32
(ShareCast News) - Just Eat has ordered four online takeaway food businesses in Spain, Italy, Brazil and Mexico for a total of €125m (£94.7m). The FTSE 250 company announced on Friday it bought Spain's La Nevera Roja and Italy's PizzaBo (hellofood Italy) from Rocket Internet, while it purchased hell
Read moreFTSE 250 movers: Vedanta and Just Eat fall on broker notes
1st Feb 2016 15:13
(ShareCast News) - The FTSE 250 started the month in the red, down 68.05 points (0.41%) to 16,419.67 by mid-afternoon on Monday. Vedanta Resources sank after Deutsche Bank cuts its target price for the mining company from 200p to 185p on lower than expected iron ore sales. The bank said Vedanta now
Read moreBroker tips: Allied Minds, Premier Oil, Domino's, Just Eat
1st Feb 2016 14:13
(ShareCast News) - Shares in Allied Minds gained on Monday as Numis reiterated the stock at 'buy' after the company announced a successful $22m (£15.4m) fundraising for its subsidiary Federated Wireless. The US-based FTSE 250 science and technology developer invested $5m in the fundraising and the r
Read moreUBS initiates coverage of Domino's and Just Eat at neutral and sell
1st Feb 2016 09:59
(ShareCast News) - UBS has initiated coverage of Domino's Pizza at 'neutral' with a target price of 975p and Just Eat at 'sell' with a target price of 330p. The investment bank said Domino's is one of the winners in the growing online takeaway market. "Our Evidence Lab survey of more than 1,000 res
Read moreFTSE 250 movers: Britvic keeps market bubbling up
27th Jan 2016 14:46
(ShareCast News) - The FTSE 250 was in the black and rising by mid-afternoon Wednesday, up 35.23 points (0.22%) to 16,214.25. Britvic shares were up over 5% after the soft drinks maker reported a rise in first quarter revenue as it reiterated its full year earnings guidance. In a trading update for
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