Tuesday broker round-up
9th Jun 2020 13:49
(Sharecast News) - Biffa: Citigroup downgrades to sell with a target price of 210p.
Read moreNext sales plunge 41% as Covid-19 impact worse than feared
29th Apr 2020 07:03
(Sharecast News) - Fashion retailer Next pulled its dividend plan and share buybacks to save almost ?500m as sales plunged faster than expected due to the coronavirus lockdown.
Read moreFriday broker round-up
24th Apr 2020 13:45
(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.
Read moreCredit Suisse downgrades Next, upgrades Marks & Spencer
24th Apr 2020 12:10
(Sharecast News) - Credit Suisse downgraded its stance on Next to 'underperform' from 'neutral' on Friday as it upped its rating on Marks & Spencer to 'outperform' from 'underperform'.
Read moreNext suspends website hours after reopening
14th Apr 2020 07:04
(Sharecast News) - Next has suspended sales on its website hours after reopening for limited online sales following improved employee safety measures.
Read moreSunday newspaper round-up: Next, Water giants, NMC Health
5th Apr 2020 20:39
(Sharecast News) - Fashion retailers and their suppliers are braced for a massive shake-out of the industry as an estimated £10bn of clothing piles up in warehouses during the coronavirus lockdown. Retail insiders said major firms including Primark, Peacocks, Arcadia and Next had all stopped taking deliveries to their warehouses because they had no more room. Numerous poorer performing retailers, including Debenhams and vintage-inspired retailer Cath Kidston, are on the verge of collapse. - Guardian
Read moreTuesday broker round-up
31st Mar 2020 13:25
(Sharecast News) - Taylor Wimpey: JP Morgan downgrades to neutral with a target price of 110p.
Read moreNext shuts online, warehouse ops after staff express Covid-19 concerns
27th Mar 2020 07:04
(Sharecast News) - Fashion retailer NEXT shut its online, warehousing and distribution operations overnight after staff expressed concerns about working during the coronavirus lockdown.
Read moreNext boss calls on government to support workers' wages
19th Mar 2020 07:04
(Sharecast News) - Next boss Simon Wolfson called on the government to help pay wages for shopworkers whose stores are forced to close as the retailer said it was prepared to lose up to £1bn in annual sales because of the coronavirus pandemic.
Read moreNext 'well placed' to cope with Covid-19, says Citi
13th Mar 2020 10:05
(Sharecast News) - Citi upgraded its stance on shares of Next to 'neutral' from 'sell' on Friday as it said the retailer is "well placed" to cope with the impact of the coronavirus.
Read moreRetailers hit by supply chain disruption - survey
4th Mar 2020 13:12
(Sharecast News) - Retailers are reporting increasing supply chain disruptions on the back of the coronavirus outbreak, a survey published on Wednesday found.
Read moreFriday broker round-up
7th Feb 2020 13:12
(Sharecast News) - Vodafone: Jefferies upgrades to buy with a target price of 146p.
Read moreWednesday broker round-up
5th Feb 2020 13:17
(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.
Read moreTuesday broker round-up
7th Jan 2020 12:31
(Sharecast News) - SSE: Goldman Sachs downgrades to neutral with a target price of 1,461p.
Read moreFriday broker round-up
3rd Jan 2020 11:51
(Sharecast News) - Homeserve: Peel Hunt upgrades to buy with a target price of 1,450p.
Read more