Thursday broker round-up

28th Nov 2019 13:35

(Sharecast News) - Derwent London: Morgan Stanley upgrades to overweight with a target price of 3,850p.

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RBC reduces rating on Melrose to 'outperform', ups price target

28th Nov 2019 08:49

(Sharecast News) - RBC Capital Markets has nudged lower its rating on Melrose Industries following a recent strong run for the blue chip stock.

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Melrose Industries trades in line

19th Nov 2019 08:01

(Sharecast News) - Turnaround specialist Melrose Industries performed in line with expectations during the four months ended 31 October, leaving the group confident in its ability to unlock "significant further shareholder value".

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Tuesday broker round up

22nd Oct 2019 13:26

(Sharecast News) - Sabre Insurance Group: Peel Hunt downgrades to add with a target price of 295p.

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Aerospace division underpins profits at Melrose Industries

5th Sep 2019 07:35

(Sharecast News) - Turnaround specialist Melrose Industries posted a rise in interim pre-tax profit on Thursday thanks to a solid performance from its aerospace business, as it hiked its dividend and expressed confidence over its full-year trading.

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Thursday preview: US ADP jobs report, Melrose in the spotlight

4th Sep 2019 15:37

(Sharecast News) - The market spotlight on Thursday will shift back towards the US labour market.

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GKN Aerospace to cut 1,000 jobs amid restructuring

3rd Sep 2019 12:35

(Sharecast News) - GKN Aerospace said on Tuesday that it will cut about 1,000 jobs in the next two years as it looks to simplify the business.

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Friday broker round-up

30th Aug 2019 12:41

(Sharecast News) - John Wood Group: Berenberg reiterates buy with a target price of 400p.

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RBC Capital reiterates 'top pick' rating on Melrose

30th Aug 2019 09:45

(Sharecast News) - Analysts at RBC Capital Markets stood by their 'top pick' rating on London-based turnaround specialist Melrose Industries on Friday, stating that "self-help" was set to remain the key driver of the group's value enhancement.

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Citi starts Melrose Industries at 'buy'

24th Jun 2019 07:55

(Sharecast News) - Citi initiated coverage of Melrose Industries with a 'buy' rating and 220p price target on Monday, saying it "uniquely" offers investors an opportunity to invest in a FTSE 100 company with "a consistent track record as an industrials turnaround specialist".

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Melrose co-founder David Roper to leave, trading in line

9th May 2019 08:11

(Sharecast News) - Turnaround specialist Melrose Industries said on Thursday that long-standing executive David Roper plans to step down, as it reported an in-line performance for the first four months of its trading year.

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Thursday broker round-up

4th Apr 2019 13:32

(Sharecast News) - Stagecoach: Liberum downgrades to hold with a target price of 165p.

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Melrose pledges higher margin target for GKN

4th Apr 2019 11:00

(Sharecast News) - Melrose Industries is aiming to increase profit margins at its acquired GKN's aerospace and auto businesses, it told investors at a long-awaited capital markets event.

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Wednesday broker round-up

13th Mar 2019 12:52

(Sharecast News) - IAG: RBC Capital Markets upgrades to outperform with a target price of 650p.

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Goldman reiterates 'buy' on Melrose Industries after results

13th Mar 2019 10:30

(Sharecast News) - Goldman Sachs reiterated its 'buy' recommendation and 230p price target on turnaround specialist Melrose Industries on Wednesday.

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