Tuesday broker round-up
27th Sep 2016 13:05
(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo
Read moreBroker tips: Lloyds, InterContinental Hotels, Hays
26th Sep 2016 16:58
(ShareCast News) - Goldman Sachs cut its stance on Lloyds Banking Group to 'sell' from 'neutral' and trimmed the price target 6% to 50p as it pointed to increased competition and low rates. GS pointed out that Lloyds saw a market decline in new business share in the first half of this year, which le
Read moreMonday broker round-up
26th 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 moreGoldman cuts Lloyds to 'sell' on competition, low rates
26th Sep 2016 07:50
(ShareCast News) - Goldman Sachs cut its stance on Lloyds Banking Group to 'sell' from 'neutral' and trimmed the price target 6% to 50p as it pointed to increased competition and low rates. GS pointed out that Lloyds saw a market decline in new business share in the first half of this year, which le
Read moreMonday broker round-up
19th Sep 2016 09:52
(ShareCast News) - Lloyds: Jefferies reiterates buy with a target price of 67p. Astrazeneca: UBS reiterates buy, 5480p target. Britvic: JP Morgan keeps at underweight with a 590p target. Unilever: UBS reiterates neutral with a 3380p target. IHG: HSBC starts coverage at reduce with a 2900p target.
Read moreSunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th 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 moreSunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th 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 moreFTSE 100 movers: Rate fears weigh on banks
12th Sep 2016 15:28
(ShareCast News) - UK blue chips were mostly in the red on Monday as investors got in a tizzy as they feared various economic and political possibilities across the Atlantic at the end of last week, sending London-listed financial stocks lower in particular. With worries about the US Federal Reserv
Read moreLloyds executives depart as chief wields axe
12th Sep 2016 14:43
(ShareCast News) - Two executives left Lloyds Banking Group as chief executive Antonio Horta-Osorio looks to reshape the government-backed bank. Group digital director Miguel Angel Rodriguez-Sola and audit director Mary Hall decided to leave Lloyds's ranks, according to a source quoted by Sky News.
Read moreFriday broker round-up
9th Sep 2016 13:37
(ShareCast News) - Merlin Entertainments: UBS reiterates buy with a target price of 540p. Fenner: Jefferies maintains buy with a 205p target. Randgold Resources: UBS upgrades to buy with a 9750p target. Lloyds: Berenberg reiterates hold with a 55p target. BAE Systems: Goldman Sachs keeps at buy w
Read moreTuesday newspaper share tips: Lloyds, Aldermore, Hunting
6th Sep 2016 13:25
(ShareCast News) - Lloyd's Banking Group will continue to struggle as downgrades from two brokers showed, sending its shares promptly lower, according to The Telegraph's Questor column. Things had been looking up for potential investors in the bank at the start of the year as the government prepa
Read moreSantander UK reportedly mulling takeover of MBNA
5th Sep 2016 15:50
(ShareCast News) - Santander UK is reportedly considering a takeover of Bank of America's UK credit card group MBNA. Sources told Sky News that Santander UK is looking to make a formal bid for MBNA next week at the deadline for offers. Santander UK is said to be mulling the acquisition as a way of
Read moreBroker tips: Lloyds, RBS, Randgold, Zoopla
5th Sep 2016 10:34
(ShareCast News) - Lloyds and Royal Bank of Scotland were under the cosh on Monday as Deutsche Bank downgraded the stocks to adjust for a "lower-for-longer" environment. DB pointed out that UK bank shares have been particularly volatile since the UK voted to leave the European Union, with RBS, Barcl
Read moreLloyds, RBS drop on Deutsche Bank downgrades
5th Sep 2016 10:14
(ShareCast News) - Lloyds and Royal Bank of Scotland were under the cosh on Monday as Deutsche Bank downgraded the stocks to adjust for a "lower-for-longer" environment. DB pointed out that UK bank shares have been particularly volatile since the UK voted to leave the European Union, with RBS, Barcl
Read moreLloyds boss issues apology for negative publicity
24th Aug 2016 10:45
(ShareCast News) - Lloyds Bank's chief issued a statement to his 75,000 employees reassuring them of his commitment to the firm after allegations over his private life surfaced earlier this month following a business trip to Singapore, according to a report by Sky News. "I deeply regret being the ca
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