Monday broker round-up
29th Jun 2020 13:45
(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.
Read moreFTSE 100 set for shake-up as easyJet faces drop
27th May 2020 10:25
(Sharecast News) - The FTSE 100 could be in for its biggest shake-up in more than a decade as the Covid-19 crisis looks set to eject easyJet and Carnival from the index of leading shares.
Read moreMeggitt scores contract for Middle East training complex
30th Apr 2020 08:45
(Sharecast News) - Components manufacturer Meggitt has won a $78m contract to design and equip a large, multi-mission virtual and live-fire training complex in the Middle East.
Read moreFriday broker round-up
24th Apr 2020 13:45
(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.
Read moreMeggitt slashes jobs, costs as aerospace sector softens
23rd Apr 2020 07:29
(Sharecast News) - Meggitt said it was cutting 15% of its workforce as it reported a softening in its civil aerospace business revenue and forward order book.
Read moreCiti stays at 'buy' on Meggitt, says market too downbeat on long-term prospects
21st Apr 2020 15:36
(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of aerospace and defence subsystems manufacturer Meggitt, telling clients that markets were too downbeat on long-term growth in the sector and the company's competitive position.
Read moreAir passenger traffic falls at steepest rate since 9/11 in February
2nd Apr 2020 14:29
(Sharecast News) - Air passenger numbers tumbled in February at the steepest rate since the terrorist attacks on the World Trade Centre in 2001, industry data showed on Thursday.
Read moreThursday broker round-up
2nd Apr 2020 13:03
(Sharecast News) - Unilever: Barclays upgrades to equal weight with a target price of 4,420p.
Read moreFTSE 100 movers: Analysts cut target for Rolls Royce, buyers seek out Ocado
1st Apr 2020 16:40
(Sharecast News) - London's FTSE 100 was down 3.16% to 5,493 as of 1601 GMT, mimicking falls across the Continent and over on the other side of the Pond.
Read moreMorgan Stanley upgrades Meggitt in positive aerospace note
31st Mar 2020 11:51
(Sharecast News) - Morgan Stanley upgraded Meggitt to 'overweight' as the investment bank recommended buying shares in the aerospace sector.
Read moreFTSE 100 movers: Defensives lead, alongside Big Oil
30th Mar 2020 15:34
(Sharecast News) - Defensives lent their weight to Monday's move to the upside, even as investor sentiment was buoyed by Wall Street's ability seeming ability to avoid its now customary stumble at the start of the week.
Read moreJPMorgan says 75% chance Rolls-Royce may need to issue equity
30th Mar 2020 15:04
(Sharecast News) - There's a 75% chance that Rolls-Royce will need to issue equity, JPMorgan Cazenove said on Monday in a note on the European civil aerospace sector.
Read moreMonday broker round-up
30th Mar 2020 11:44
(Sharecast News) - Cineworld Group: JP Morgan downgrades to neutral with a target price of 90p.
Read moreMeggitt pulls dividend as Covid-19 slams air industry
27th Mar 2020 07:26
(Sharecast News) - Defence engineering firm Meggitt pulled its final dividend to save cash as the coronavirus pandemic hit its aerospace market.
Read moreUS open: Boeing leads gains on hopes for economic relief package
25th Mar 2020 14:19
(Sharecast News) - Stocks in the US were pushing higher still early on Wednesday, led by gains for Boeing thanks to news that lawmakers on Capitol Hill had agreed on a roughly $2trn economic relief bill that included measures aimed specifically at the aerospace and defence engineer.
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