Wednesday broker round-up
13th May 2020 13:42
(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.
Read moreLiberum slashes TP on Mitchells & Butlers but reiterates 'buy' rating
13th May 2020 10:05
(Sharecast News) - Analysts at Liberum slashed their target price on pub operator Mitchells and Butlers from 600.0p to 300.0p on Wednesday in anticipation of three months of full lockdown followed by a further three months of subdued trading.
Read moreSunday newspaper round-up: Furloughed staff, Economy, Coronavirus crisis
10th May 2020 22:49
(Sharecast News) - Furloughed staff only able to return to work on a part-time basis could have their wages "topped up" by the government, as part of a gradual redaction of the job retention scheme. Under plans being considered in the Treasury, firms would be encouraged to bring furloughed staff back to work gradually to maintain social distancing and to ease the burden on businesses as they begin to rebuild their operations. - Sunday Times
Read moreThursday broker round-up
30th Apr 2020 13:16
(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.
Read moreJPM upgrades M&B in 'precarious times' for UK pubs
30th Apr 2020 12:09
(Sharecast News) - JP Morgan raised its rating on Mitchells & Butlers to 'overweight' as it cut 2020 earnings estimates for UK pub companies by an average of two-thirds to reflect the Covid-19 shutdown.
Read moreTuesday broker round-up
21st Apr 2020 13:52
(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
Read moreJefferies upgrades Wetherspoons, keeps Marston's at 'underperform'
21st Apr 2020 10:43
(Sharecast News) - Jefferies upgraded JD Wetherspoon to 'buy' from 'hold' on Tuesday as it took a look at the UK pub and restaurant sector.
Read moreMitchells & Butlers wins temporary waiver on financing terms
14th Apr 2020 07:01
(Sharecast News) - Pub and restaurant chain Mitchells & Butlers said it had secured a waiver from lenders to avoid a breach of its financing terms due to the coronavirus lockdown.
Read morePubs regulator to probe companies on Covid-19 help for tenants
6th Apr 2020 13:03
(Sharecast News) - The pub industry regulator said it had written to all companies under its jurisdiction asking why they have not waived rent for tenants and demanded to know what support they are providing during the coronavirus crisis.
Read moreMitchells & Butlers warns on profits after govt Covid-19 advice
18th Mar 2020 07:33
(Sharecast News) - Pub group Mitchells & Butlers warned on profits due to the government advice to avoid pubs and restaurants in an effort to combat the coronavirus.
Read moreJohnson warned Covid-19 plan could end pub industry 'in days'
17th Mar 2020 09:50
(Sharecast News) - The UK's pub industry warned it faced an existential crisis and could be lost in "days" after the government advised people to avoid bars and restaurants to combat the spread of coronavirus.
Read moreFriday broker round-up
7th Feb 2020 13:12
(Sharecast News) - Vodafone: Jefferies upgrades to buy with a target price of 146p.
Read moreFriday broker round-up
10th Jan 2020 12:57
(Sharecast News) - Polymetal International: Berenberg upgrades to buy with a target price of 1,480p.
Read moreUK pub and restaurant sector now 'fairly valued', says RBC
10th Jan 2020 10:22
(Sharecast News) - Analysts at RBC Capital Markets raised their price targets on a number of British pub and restaurant chains on Friday but noted that the sector now appeared to be fairly valued.
Read moreChristmas sales cheer Mitchells & Butlers
9th Jan 2020 07:16
(Sharecast News) - Pub group Mitchells & Butlers said like for like sales grew 2.6% in the 14 weeks to January 4 with a strong performance over the Christmas period.
Read more