Thursday broker round-up
26th Nov 2020 13:57
(Sharecast News) - AO World: Jefferies downgrades to hold with a target price of 378p.
Read moreRBC ups Melrose price target, sees Nortek sale
26th Nov 2020 11:11
(Sharecast News) - Royal Bank of Canada increased its price target and earnings estimates for Melrose Industries and said the potential sale of Nortek Air could further boost the shares.
Read moreMelrose reports trading at top of expectations
25th Nov 2020 07:01
(Sharecast News) - Melrose Industries said it was trading at the top of board expectations helped by a recovery in automotive markets but the company was cautious about the outlook.
Read moreFriday broker round-up
25th Sep 2020 13:54
(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 450.0p.
Read moreMelrose plans big job cuts at GKN Aerospace
3rd Sep 2020 07:01
(Sharecast News) - Melrose Industries said it planned big job cuts at its GKN Aerospace business as the industrial turnaround company reported a first-half loss of £560m.
Read moreThursday preview: US jobs market, Melrose Industries in focus
2nd Sep 2020 17:11
(Sharecast News) - The market spotlight will remain firmly on the US jobs market come Thursday.
Read moreMelrose agrees improved covenants with banks
4th Aug 2020 08:51
(Sharecast News) - Melrose Industries has agreed improved financial covenants with its banks after the Covid-19 crisis caused revenue slump at the industrial turnaround group.
Read moreBarclays says Melrose Industries down but not out, stays at 'overweight'
24th Jul 2020 12:42
(Sharecast News) - Analysts at Barclays lowered their estimates for Melrose Industries but kept their recommendation for the shares, telling clients that a recovery in its automobile segment in 2021 might result in "upside surprises".
Read moreWednesday preview: US housing, Melrose in focus
21st Jul 2020 12:54
(Sharecast News) - The economic calendar will be exceptionally light once again on Wednesday.
Read moreMonday broker round-up
13th Jul 2020 13:48
(Sharecast News) - Kingfisher: RBC Capital Markets reiterates outperform with a target price of 275.0p
Read moreWednesday broker round-up
13th May 2020 13:42
(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.
Read moreMelrose Industries sees 'significant disruption' from Covid-19
7th May 2020 08:08
(Sharecast News) - Manufacturing business Melrose Industries pulled guidance said sales fell 20% in the four months to April 30 as the coronavirus pandemic and associated factory closures "significant disruption" to operations.
Read moreMelrose warns on profits, pulls dividend
30th Mar 2020 16:42
(Sharecast News) - Manufacturing group Melrose issued a profits warning on Monday and pulled its final dividend as it reported a "significan deterioration" in end markets due to the coronavirus pandemic.
Read moreMelrose Industries FY profits rise, dividend hiked
5th Mar 2020 07:46
(Sharecast News) - Turnaround specialist Melrose Industries posted a rise in full-year profit and revenue on Thursday as it hiked its dividend after its first full year of ownership of GKN.
Read moreBoeing suppliers hit by 737 MAX suspension
17th Dec 2019 09:03
(Sharecast News) - Shares in global suppliers to Boeing fell across Europe on Tuesday as the aircraft maker said it was suspending production of its controversial 737 MAX passenger jet.
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