UK equities looking 'particularly attractive', says Morgan Stanley
14th Jan 2019 13:07
(Sharecast News) - Since the global selloff at the end of last year, UK equity valuations are looking "particularly attractive", Morgan Stanley has told clients, suggesting banks could see the biggest bounce from a postive Brexit outcome.
Read moreWednesday broker round-up
9th Jan 2019 12:26
(Sharecast News) - Nichols: Numis upgrades to add with a target price of 1,650p.
Read moreLandsec buys Southwark site for £87m
7th Dec 2018 07:27
(Sharecast News) - Land Securities on Friday expanded its presence in south London's Southwark with the acquisition of a 1.6 acre site for £87.1m from a private company.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreUK construction sector struggles as Brexit uncertainty mounts
2nd Oct 2018 09:41
(Sharecast News) - The British construction sector lost momentum in September, as confidence faltered ahead of the UK's departure from the European Union.
Read moreThursday broker round-up
16th Feb 2017 09:15
(ShareCast News) - QinetiQ: Canaccord downgrades to Hold with a target price of 285p. RBS: Deutsche Bank reiterates Underperform with a target price of 210p. Aldermore Group: Deutsche Bank reiterates Neutral with a target price of 210p. Smiths: Goldman Sachs reiterates Buy with a target price of 1
Read moreOrchard Street completes acquisition of the Cornerhouse from Land Securities
23rd Jan 2017 08:06
(ShareCast News) - Specialist commercial property investment manager Orchard Street Investment Management has completed the acquisition of the Cornerhouse, Nottingham, from Land Securities for £65m. The only purpose-built leisure scheme in Nottingham, the 201,000 sq ft Cornerhouse is anchored by a 1
Read moreLand Securities H1 underlying profit up; Brexit fears hitting rental values
15th Nov 2016 07:15
(ShareCast News) - First half revenue profits at property investment group Land Securities rose 4.5% to £192.5m despite "hesitant" demand for office space in London in the wake of the Brexit vote and a warning of weaker rental values. The company posted a pre-tax loss of £95m compared with a profit
Read moreFTSE 100 movers: Burberry in fashion after London catwalk show
20th Sep 2016 12:46
(ShareCast News) - London's blue chip shares were in style on Tuesday, as reports from London Fashion Week proved a welcome diversion for investors who were bracing themselves for central bank announcements later in the week. Plenty of positive commentary surrounding Burberry's fashion show in Londo
Read moreTuesday broker round-up
6th Sep 2016 10:07
(ShareCast News) - Marks & Spencer: Goldman Sachs reiterates sell with a target price of 315p. Bunzl: RBC maintains underperf orm with a 1950p target. Mediclinic: UBS keeps at buy with a 1170p target. Ultra Electronic: Berenberg reiterat es buy with a 2000p target. Associated British Foods: Goldm
Read moreSector movers: Real estate stocks tumble
11th Aug 2016 16:19
(ShareCast News) - Defensive sectors had the edge on Thursday even as investors continued to bid the market higher, with tobacco stocks enjoying the strongest gains alongside the likes of Unilever, with the latter standing to gain from recent improved sentiment towards emerging markets. Heading the
Read moreLand Securities close to fully letting Paddington office building
10th Aug 2016 07:12
(ShareCast News) - Land Securities has signed up three new long-term tenants for its 20 Eastbourne Terrace office building next to London's Paddington station. With US software company Citrix taking two floors and another let to medical device manufacturer LivaNova, the building is now 90% let with
Read moreFTSE 100 movers: Property stocks rally, miners slide
20th Jul 2016 16:42
(ShareCast News) - The FTSE 100 gained 0.47% to 6,728.99 points at the close, buoyed by a rally in real estate and housebuilder stocks. Real estate investors and housebuilders, including Land Securities and Persimmon, a day after a report by the Centre for Economics and Business Research (Cebr) cons
Read moreCiti sees opportunity in UK real estate correction
18th Jul 2016 16:17
(ShareCast News) - UK commercial real estate values were set to fall further, analysts at Citi said, but they believed the falls would only be a 'correction' - mostly cyclical in nature - and should be looked upon as a trading opportunity. Nonetheless, they admitted the risk of a more severe propert
Read moreLondon close: Banks, financials and property fly amid BoE rate-cut chatter
7th Jul 2016 16:38
(ShareCast News) - UK shares flew north with Associated British Foods leading blue chips on a chipper update and chased by a peloton of banking, financial and property stocks on rising expectations of a Bank of England rate-cut next week. "Today marks the first day since the (non-binding Brexit) ref
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