Friday broker round-up
14th Sep 2018 15:10
(Sharecast News) - SafeChange: Barclays upgrades to overweight with a target price of 420p.
Read moreKier Group promotes Claudio Veritiero to new COO position
1st Aug 2018 08:53
(Sharecast News) - Kier Group updated the market on its efficiency and streamlining programme on Wednesday, reporting that "good progress" had been made so far in identifying potential cost savings.
Read moreKier Group reports in line trading in second half
26th Jan 2017 08:52
(ShareCast News) - Kier Group said on Thursday its full year results are expected to be "second-half weighted" in line with the previous year. In a trading update for the company's second half, covering the six months ended 31 December, the FTSE 250-listed company reported its underlying trading was
Read moreKier Group gets contract renewal for Highways Area 13
20th Dec 2016 07:16
(ShareCast News) - Property, residential, construction and services company Kier Group confirmed on Tuesday that it has been awarded a 15-year contract, valued at £140m, for repair and maintenance services on Area 13 of the Highways England network. The FTSE 250 firm said the new Area 13 contract, w
Read moreInfrastructure spending good for housebuilders, contractors, bad for letting agents
24th Nov 2016 15:58
(ShareCast News) - Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale. In the mini-budget on Wednesday, Chancellor Philip Hammond sa
Read moreFriday preview: Central bank speakers in focus
17th Nov 2016 15:31
(ShareCast News) - Another frenetic week for investors who were trying to decipher what the results of the US election meant for them was set to come to a close with a whimper - barring unexpected surprises. No major data releases were scheduled to be published the next day in any of the main geogra
Read moreKier Group confident on future as government green-lights infrastructure
17th Nov 2016 07:44
(ShareCast News) - Construction company Kier Group said it remained on course to meet expectations for the year and looked forward to a rosy future after the government approved large infrastructure building projects such as Hinkley Point and Heathrow airport. The company said it was encouraged by t
Read moreThursday broker round-up
13th Oct 2016 13:43
(ShareCast News) - Ted Baker: Goldman Sachs keeps at buy with a target price of 3140p. Brown N: HSBC reiterates hold, 205p target. MITIE: Citigroup keeps at neutral with a 280p target. Prudential: Societe Generale reiterates outperform with a 1250p target. Astrazeneca: Jefferies keeps at buy with
Read moreKier Group offloads Mouchel Consulting for £75m
12th Oct 2016 07:25
(ShareCast News) - Property, residential, construction and services company Kier Group announced on Wednesday that it has completed the disposal of Mouchel Consulting to WSP Global for a total consideration of £75m, satisfied in cash. The FTSE 250 firm said Mouchel Consulting, acquired in June 2015
Read moreFriday newspaper share tips: Thomas Cook, Kier Group
23rd Sep 2016 10:55
(ShareCast News) - Thomas Cook will likely come through its current troubles the same as it has on other occassions when througout the past 175 years when it has found itself in a pinch, The Daily Telegraph's Questor column said. The company's finances are being buffeted by fear among travellers fol
Read moreKier Group meets full-year expectations
22nd Sep 2016 07:16
(ShareCast News) - Property, residential, construction and services company Kier Group posted its preliminary results for the year to 30 June on Thursday, falling in line with expectations as revenue grew 26% to £4.2bn, or 8% on a like-for-like basis. The FTSE 250 firm's underlying profit from opera
Read moreThursday preview: Kier reports full year results
21st Sep 2016 13:07
(ShareCast News) - Kier Group reports its full year results on Thursday with analysts expecting an increase in earnings compared to a year earlier following the integration of the Mouchel business. The City predicts the construction, services and property group will report pre-tax profit of £125m, c
Read moreSunday share tips: San Leon Energy, Kier Group, Franchise Brands
18th Sep 2016 14:56
(ShareCast News) - Sell shares in San Leon Energy, was the verdict in the Sunday Times' Inside the City column. Tuesday's shareholder vote will determine whether to complete a £170.3m fundraising that has already been conditionally agreed with backers at a price of 45p a share to buy a stake in the
Read moreLondon close: Blue-chip miners, banks push FTSE higher as house builders fly
23rd Aug 2016 15:58
(ShareCast News) - London indices closed up thanks to heady gains among house builders after Persimmon posted robust first-half results, with miners, financials and supermarkets also on the up. While house builders dominated the top end of the blue-chip leaders' ladder, it was "miners and banks that
Read moreKier Group wins UK construction frameworks worth more than £5bn
23rd Aug 2016 07:45
(ShareCast News) - Kier Group has been awarded three major UK construction frameworks totalling more than £5bn. The FTSE 250 property, residential, construction and services company said it has won a place on the four-year £4bn Department of Health Procure22 framework. It has also secured a place a
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