Wednesday broker round-up
2nd Nov 2016 11:59
(ShareCast News) - Lancashire: JP Morgan keeps at neutral with a target price of 595p. Rolls Royce: UBS stays at neutral, 800p target. Rio Tinto: Barclays reiterates overweight with a 3200p target. Derwent London: Goldnman Sachs reiterates buy with a 3035p target. TUI AG: UBS reiterates buy with
Read moreMoneysupermarket on track despite low interest rate drag
1st Nov 2016 07:34
(ShareCast News) - Moneysupermarket.com Group said it was on track to meet forecasts for a record year after a resurge in insurance offset flat a flat period for credit card and loan switching in the third quarter. October was said to have "traded well" and despite lower interest rates subduing both
Read moreMoneysupermarket nabs Mark Lewis from John Lewis
27th Oct 2016 08:01
(ShareCast News) - Moneysupermarket.com Group announced the appointment of Mark Lewis as chief executive officer on Thursday, succeeding Peter Plumb who had indicated in August that he will step down on or before the group's annual general meeting in May next year. The FTSE 250 firm said Lewis is cu
Read moreBroker tips: Informa, Moneysupermarket Group
18th Oct 2016 17:00
(ShareCast News) - Informa got a boost on Tuesday after Investec upgraded the stock to 'buy' from 'hold' as it integrated the accretive Penton acquisition and £715m rights issue. The brokerage said that while a £1.2bn deal adds risk, this is mitigated by the close business fit and Informa/Penton int
Read moreNumis initiates coverage of Moneysupermarket with 'add' rating
18th Oct 2016 09:28
(ShareCast News) - Numis on Tuesday initiated its coverage of Moneysupermarket Group with an 'add' rating and target price of 325p. "Moneysupermarket's portfolio of verticals is a key strength and provides protection at a group level to wobbles in a particular quarter in an individual vertical," Num
Read moreFriday broker round-up
16th Sep 2016 10:54
(ShareCast News) - Admiral Group: Berenberg reiterates hold with a target price of 1804p. Vodafone: Barclays reiterates overweight, 260p target. Next: HSBC keeps at hold with a 4485p target. Asos: JP Morgan reiterates overweight with a 5400p target. Moneysupermarket: RBC stays at outperform with
Read moreBroker tips: Moneysupermarket, ASOS, Morrison
16th Sep 2016 09:23
(ShareCast News) - Moneysupermarket.com Group shares gained on Friday as RBC Capital Markets initiated the stock at an 'outperform' rating with a price target of 400p. "Moneysupermarket offers the only pure way to get exposure to the structural growth opportunity in price-comparison websites," RBC s
Read moreMoneysupermarket shares rise as RBC initiates at 'outperform'
16th Sep 2016 09:00
(ShareCast News) - Moneysupermarket.com Group shares gained on Friday as RBC Capital Markets initiated the stock at an 'outperform' rating with a price target of 400p. "Moneysupermarket offers the only pure way to get exposure to the structural growth opportunity in price-comparison websites," RBC s
Read moreMoneysupermarket first-half profit rises, CEO to step down
3rd Aug 2016 07:48
(ShareCast News) - Price comparison website Moneysupermarket.com reported a jump in pre-tax profit and revenue for the first half as it announced the resignation of its chief executive officer Peter Plumb. In the six months to the end of June, pre-tax profit rose to £47.1m from £37.8m as revenue inc
Read moreMoneysupermarket.com expects 10% revenue growth in first half
14th Jul 2016 07:32
(ShareCast News) - Price comparison website Moneysupermarket.com said it expects solid first-half results, with revenues seen growing by 10% year-on-year. Meanwhile, adjusted operating profit is expected to edge up 6% to around £54m as the group is making some additional market investment. In a tr
Read moreBroker tips: Moneysupermarket, McBride, Rentokil
11th Jul 2016 14:12
(ShareCast News) - Moneysupermarket.com Group was upgraded to a 'buy' rating from 'hold' but had its target price cut to 325p from 352p on Monday by Canaccord Genuity ahead of the company's trading update later in the week. Canaccord said it expects the financial services price comparison website to
Read moreFTSE 250 movers: house builders in focus as mid caps sour
4th Jul 2016 18:25
(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r
Read moreBarclays downgrades MoneySupermarket and Rightmove
4th Jul 2016 11:04
(ShareCast News) - Barclays downgraded its recommendation on shares of MoneySupermarket and Rightmove following the "jolt" of the UK referendum and after adjusting its forecasts for European Media companies based on its new assumptions for FX rates and lower macroeconomic assumptions. The broker als
Read moreBroker tips: Moneysupermarket, HSBC, G4S
4th Jul 2016 11:02
(ShareCast News) - Shares in Moneysupermarket.com tumbled on Monday after Barclays downgraded the price comparison website to 'equalweight' from 'overweight' and slashed the price target to 260p from 390p. The bank said it had been positive on the stock since initiating on it last year, but that unc
Read moreMoneysupermarket tumbles on Barclays downgrade
4th Jul 2016 09:35
(ShareCast News) - Shares in Moneysupermarket.com tumbled on Monday after Barclays downgraded the price comparison website to 'equalweight' from 'overweight' and slashed the price target to 260p from 390p. The bank said it had been positive on the stock since initiating on it last year, but that unc
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