17th Nov 2016 13:00
(ShareCast News) - Kingfisher: HSBC reiterates hold with a target price of 380p. Astrazeneca: Berenberg reiterates buy with a 55p target. Aggreko: Jefferies stays at hold with a 750p target. Easyjet: Barclays reiterates equal-weight rating with a 1000p target. Amec Foster Wheeler: UBS keeps at ne
Read more27th Oct 2016 12:29
(ShareCast News) - Debenhams: JP Morgan keeps at underweight with a target price of 54p. AA: Berenberg stays at buy, 315p target. National Express: RBC reiterates outperform with a 405p target. LLoyds: UBS reiterates buy with a 67p target. GlaxoSmithKline: Credit Suisse reiterates neutral with a
Read more26th Sep 2016 14:17
(ShareCast News) - N Brown: HSBC downgrades to hold with a target price of 205p. Kingfisher: UBS downgrades to neutral, 390p target. Morrison: Credit Suisse keeps at neutral with a 200p target. WPP: Jefferies downgrades to hold with a 1850p target. Wolseley: Exane BNP Paribas keeps at underperfor
Read more21st Sep 2016 10:57
(ShareCast News) - Barclays: HSBC upgrades to buy with a target price of 190p. Reckitt Benckiser: UBS keeps at buy, 8000p target. Go-Ahead: Deutsche Bank keeps at buy with a 2330p target. Kingfisher: HSBC reiterates hold with a 365p target. BHP Billition: Barclays keeps at equal-weight with a 990
Read more21st Sep 2016 07:58
(ShareCast News) - The Bank of Japan has launched an unprecedented new kind of monetary easing as it set a cap on 10-year bond yields and vowed to overshoot its 2 per cent inflation target on purpose. Its decision demonstrates that even eight years after the global financial crisis, central bankers
Read more21st Sep 2016 07:58
(ShareCast News) - The Bank of Japan has launched an unprecedented new kind of monetary easing as it set a cap on 10-year bond yields and vowed to overshoot its 2 per cent inflation target on purpose. Its decision demonstrates that even eight years after the global financial crisis, central bankers
Read more20th Sep 2016 07:03
(ShareCast News) - B&Q and Screwfix owner Kingfisher nailed an encouraging increase in first half profits and confirmed early progress in chief executive Véronique Laury's ambitious turnaround project. On adjusted sales that rose 6.8% at the reported level to £5.75bn, or 3.3% on a like-for-like (LFL
Read more19th Sep 2016 13:42
(ShareCast News) - B&Q and Screwfix owner Kingfisher is expected to reveal that its turnaround plan is working when it reports its first half results on Tuesday. The consensus forecast for pre-tax profit is £430m, compared to £384m the same period a year earlier, excluding around £30 of transformati
Read more18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read more18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read more19th Aug 2016 13:39
(ShareCast News) - B&Q and Screwfix owner Kingfisher is a stock to avoid, opines The Times' Tempus column, adding that the outfit's share price looks full enough already. Investors have been jittery about Kingfisher for a while, with the much-heralded shift from DIY sheds to online buying raising so
Read more18th Aug 2016 07:08
(ShareCast News) - Sales slowed only slightly in the second quarter for Kingfisher as B&Q and Screwfix grew strongly in the UK and Ireland to offset a decline in France. Chief executive Véronique Laury called the group like-for-like (LFL) sales rise of 3.0% a "solid" sales performance, after the 3.6
Read more29th Jul 2016 11:10
(ShareCast News) - B&Q owner Kingfisher announced on Friday that it will buy back shares worth up to £35m to reduce the share capital of the company. The group has instructed Credit Suisse in relation to an irrevocable, non-discretionary programme to purchase its shares for cancellation, during the
Read more13th Jul 2016 09:37
(ShareCast News) - Credit Suisse has made a series of post-Brexit changes in its latest global equity strategy note. The Swiss bank, which has been underweight domestic UK since last September, upgraded non-London housebuilders to 'benchmark' from 'underweight', saying the house price to wage ratio
Read more27th Jun 2016 12:49
(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an
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