Wednesday broker round-up
2nd Sep 2020 13:24
(Sharecast News) - Codemasters: Peel Hunt downgrades to add with a target price of 420.0p.
Read morePendragon targets FY profits of up to £90m after revamp
2nd Sep 2020 08:25
(Sharecast News) - Car dealer Pendragon said it was targeting full-year profits of up to £90m by mid-decade as it looked for more cost cuts across the group amid the coronavirus crisis.
Read morePendragon to close 15 stores, cut 1,800 jobs
30th Jul 2020 10:25
(Sharecast News) - Car dealership Pendragon has announced plans to cut around 1,800 jobs across the business as it closes stores due to the Covid-19 pandemic.
Read morePendragon to reopen in June after £2.3m Q1 loss
21st May 2020 09:08
(Sharecast News) - Pendragon said it expected to open its dealerships from the start of June with new social distancing measures as the car retailer reported a £2.3m loss for the first quarter.
Read morePendragon says early merger talks with Lookers have ended
4th May 2020 09:30
(Sharecast News) - Car dealer Pendragon confirmed on Monday that it did approach rival Lookers about a potential merger but said early talks have now ended.
Read moreDirector dealings: Pendragon director ups stake
29th Apr 2020 16:15
(Sharecast News) - Pendragon revealed on Wednesday that non-executive director Mike Wright had acquired of 250,000 ordinary shares in the London-listed automotive retailer.
Read morePendragon losses widen after difficult 2019
18th Mar 2020 15:13
(Sharecast News) - Automotive retailer Pendragon reported a 3.8% like-for-like improvement in its full-year group revenue on Wednesday, to ?4.51bn, although on an actual basis, that was down 2.6%.
Read moreWednesday broker round-up
18th Mar 2020 13:42
(Sharecast News) - Polypipe: Deutsche Bank upgrades to buy with a target price of 550p.
Read morePendragon appoints Bill Berman as CEO
19th Feb 2020 08:12
(Sharecast News) - Auto dealership Pendragon said on Wednesday that it has appointed industry veteran Bill Berman as its new chief executive officer with immediate effect.
Read morePendragon FY profit seen at bottom end of expectations
29th Jan 2020 10:26
(Sharecast News) - Car dealership Pendragon said on Wednesday that it expects full-year profit to be around the lower end of current market expectations despite an improvement in the second half, as the UK car market remains tough.
Read morePendragon profit rises but revenue declines in Q3
22nd Oct 2019 09:47
(Sharecast News) - Car dealership Pendragon posted a rise in third-quarter profit but a decline in revenue on Tuesday as revenue from used car sales slumped.
Read moreWednesday broker round-up
18th Sep 2019 13:15
(Sharecast News) - Weir Group: JP Morgan downgrades to neutral with a target price of 1,500p.
Read morePendragon swings to first-half loss, to cut 300 jobs
18th Sep 2019 08:06
(Sharecast News) - Car dealer Pendragon said on Wednesday that it swung to a loss in the first half in "challenging" markets as it scrapped its dividend, sounded a downbeat note on the outlook and announced the loss of around 300 jobs.
Read morePendragon to sell Chevrolet dealership in California for ?17.2m
16th Aug 2019 07:47
(Sharecast News) - Car dealership Pendragon said on Friday that it has agreed to sell its Chevrolet motor vehicle dealership in Puente Hills, California, for around £17.2m in cash.
Read morePendragon CEO to leave after just three months in the job
27th Jun 2019 09:29
(Sharecast News) - Pendragon has announced the departure of its chief executive after just three months in the job and just two weeks after the car dealer issued a profit warning.
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