Tuesday broker round-up
18th Oct 2016 12:36
(ShareCast News) - BT Group: Goldman Sachs keeps at buy with a target price of 560p. Bellway: Canaccord reiterates buy, 2350p target. Standard Life: Barclays keeps at underweight with a 301p target. Debenhams: HSBC maintains reduce with a 50p target. Smiths Group: UBS keeps at neutral with a 1510
Read moreClothing retailers' sales decline again, Kantar criticises discounting
17th Oct 2016 15:04
(ShareCast News) - UK clothing retailers have seen sales fall for four months in a row, according to a survey published on Monday that criticised the industry's habit of over-buying and deep discounting. Since June saw the first fall in the value of the UK fashion market, data from Kantar Worldpanel
Read moreTuesday broker round-up
27th Sep 2016 13:05
(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo
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 moreFTSE 100 movers: Morrisons leads rally, Hargreaves' double hit
15th Sep 2016 14:08
(ShareCast News) - Boosted by encouraging retail data and a serene Bank of England, the FTSE 100 turned higher by Thursday afternoon, with Morrisons topping the index. Interim results from the Yorkshire-based supermarket group strongly beat the market's estimates, with first half like-for-like sales
Read moreMost-shorted Morrisons could see burnt fingers for shorters, Cavendish warns
15th Sep 2016 12:02
(ShareCast News) - Around 18% of Wm Morrisons' stock is currently out on loan, offering investors the potential for strong gains should the grocer continue to perform as well as its half-year results suggest, a fund manager said on Thursday. The FTSE 100 supermarket is reported to be the second most
Read moreDirectory carries Next while retail earnings slump
15th Sep 2016 07:14
(ShareCast News) - High street fashion stalwart Next showed sales growth across the business in its half-year results on Thursday, but earnings were still facing an uphill battle in its retail division. The FTSE 100 retailer posted sales growth of 0.1% in retail for the six months to July to £1.084b
Read moreThursday preview: BoE seen sitting tight, after Next and ONS retail numbers
14th Sep 2016 13:51
(ShareCast News) - Thursday's monetary policy announcement from the Bank of England is expected to see the rate-setting committee sit tight, with odds against an interest rate move increasing after relatively robust unemployment data was released. The policy decision and meeting minutes will be rele
Read moreTuesday broker round-up
6th Sep 2016 10:07
(ShareCast News) - Marks & Spencer: Goldman Sachs reiterates sell with a target price of 315p. Bunzl: RBC maintains underperf orm with a 1950p target. Mediclinic: UBS keeps at buy with a 1170p target. Ultra Electronic: Berenberg reiterat es buy with a 2000p target. Associated British Foods: Goldm
Read moreFriday broker round-up
5th Aug 2016 10:09
(ShareCast News) - Pets at Home: HSBC reiterates buy with a target price of 295p. BT: UBS maintains neutral with a 425p target. Aviva: Exane BNP Paribas reiterates underperform with a 400p target. Inmarsat: HSBC stays at hold with a 940p target. Cairn Energy: UBS upgrades to buy with a target pri
Read moreThursday broker round-up
4th Aug 2016 11:59
(ShareCast News) - Next: Goldman Sachs reiterates sell with a target price of 4800p. Standard Chartered: JP Morgan maintains overweight with a 800p target. Shire: JP Morgan reiterates overweight with a 6300p target. Genus: HSBC stays at buy with a 2200p target. Nichols: UBS keeps at buy with a ta
Read moreNext nudges up guidance as Directory sales drive weak first half volumes
3rd Aug 2016 07:05
(ShareCast News) - Fashion retailer Next impressed investors with a slight improvement in the sales in the second quarter and increased its profit and earnings guidance for the full year. a trading update for the 26 weeks to 30 July on Wednesday, with full price sales in the second quarter up ju
Read moreFTSE 100 movers: ABF ascends above rebounding real estate and housebuilders
7th Jul 2016 14:18
(ShareCast News) - London's blue chip index was boosted by a bevvy of rebounding financials and property stocks, though they were topped by a surging rise from Associated British Foods. AB Foods danced more than 10% higher after it said the significant weaking of the pound since the Brexit vote had
Read moreGoldman takes down price targets on UK General Retailers
27th Jun 2016 12:49
(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an
Read moreSunday newspaper round-up: Rate cut, City exodus, pensions, LSE, RBS and Lloyds
26th Jun 2016 15:03
(ShareCast News) - The Bank of England is set to slash interest rates and even restart its money-printing programme to stimulate a slowing economy after the vote for Brexit, the Sunday Times reported. A cut in Bank rate is now viewed as a near-certainty by investors, having been considered an even-m
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