Director dealings: Redde Northgate CEO makes share purchase
26th Feb 2020 15:34
(Sharecast News) - Redde Northgate revealed on Wednesday that chief executive officer Martin Ward had purchased 76,537 ordinary shares in the London-listed commercial vehicle rental outfit.
Read moreNorthgate and Redde agree all-share merger
29th Nov 2019 09:16
(Sharecast News) - Vehicle hire company Northgate said on Friday that it has agreed an all-share merger with Redde.
Read moreNorthgate reiterates Brexit caution as strategic review continues
23rd Sep 2019 09:56
(Sharecast News) - UK, Ireland and Spain-focussed light commercial vehicle hire specialist Northgate told shareholders that its strategic review, focussed on the company's "significant intrinsic value", was ongoing on Monday, as they gathered for their annual general meeting.
Read moreNorthgate profit rises as UK turnaround bears fruit
25th Jun 2019 13:08
(Sharecast News) - Vehicle hire company Northgate posted a jump in full-year profit and revenue on Tuesday as it said the turnaround programme in the UK was bearing fruit.
Read moreNorthgate sees full year in line with guidance
14th May 2019 10:28
(Sharecast News) - Commercial vehicle hire company Northgate posted a rise in vehicles on hire on Tuesday as it said results for the year should be in line with guidance.
Read moreCrystal Amber calls for removal of Northgate chairman
12th Mar 2019 10:32
(Sharecast News) - Activist investor Crystal Amber has called a shareholder meeting to remove Northgate chairman Andrew Page, blaming the vehicle rental company's multiple profit warnings and declining shareholder returns.
Read moreNorthgate vehicles on hire jump 13% in first quarter
18th Sep 2018 11:26
(Sharecast News) - Van hire company Northgate reported double-digit growth in average vehicles on hire for the first quarter on Tuesday ahead of its annual general meeting.
Read moreFriday broker round-up
3rd Feb 2017 09:56
(ShareCast News) - Northgate: Barclays reiterates Neutral with a target price of 600p. Royal Dutch Shell A: Barclays reiterates Overweight with a target price of 2800p Royal Dutch Shell B: Barclays reiterates Overweight with a target price of 2800p. A.G BARR: Berenberg reiterates Hold with a targe
Read moreNorthgate profits hit by low vehicle hires in UK
6th Dec 2016 16:33
(ShareCast News) - Northgate, specialist in light commercial vehicle hire in the UK, Spain and Ireland, has reported a 11.9% fall in profits due to lower opening vehicles on hire in the UK. Chief executive Bob Contreras, however, said that the company is still on track to achieve its full year expec
Read moreNorthgate appoints ex Avis boss as new CEO
6th Dec 2016 09:21
(ShareCast News) - After six years at the wheel, commercial vehicle supplier Northgate's chief executive Bob Contreras will step down in January, with his replacement announced as former Avis boss Kevin Bradshaw. Bradshaw, who joins from Wyevale Garden Centres, will take over on 11 January, with Con
Read moreTuesday broker round-up:
28th Jun 2016 16:16
(ShareCast News) - Just Eat: Goldman Sachs reiterates buy with a target price of 670p. G4S: Credit Suisse keeps at outperform with a 210p target. Bellway: Goldman Sachs keeps at neutral with a target price of 1715p. Northgate: Numis reiterates to buy with a target of 500p. Babcock: Credit Suisse
Read moreNorthgate cautions on Brexit as it reports full year results
28th Jun 2016 08:49
(ShareCast News) - Light commercial vehicle hire company Northgate's annual profits were boosted by an increase in demand in Spain against a "mixed trading backdrop" but cautioned on the potential effect of Brexit on the business. Northgate's underlying profits before tax fell 2.47% to £82.9m for t
Read moreFTSE quarterly review confirms raft of changes to 100 and 250 indices
2nd Jun 2016 08:00
(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
Read moreInmarsat set for FTSE demotion in quarterly review
31st May 2016 10:19
(ShareCast News) - Satellite communications company Inmarsat could be pushed out of the FTSE 100 by Hikma Pharmaceuticals in June, according to the FTSE Russell. Changes from the latest quarterly review of the FTSE 100, to be announced on Wednesday, will take place on Friday 17 June. Earlier this m
Read moreCiti starts coverage of Northgate at buy
22nd Apr 2016 10:08
(ShareCast News) - The 'bears' on Northgate had it all their way last year, but the company's fortunes might be set for a turnaround, analysts at Citi said as they started coverage of the firm's shares with a 'buy' recommendation and target price of 600p. In 2015, the stock price of the light commer
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