Pendragon 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.
Read moreMonday broker round-up
17th Jun 2019 12:21
(Sharecast News) - Hammerson: Peel Hunt upgrades to add with a target price of 350p.
Read morePendragon shares crash as it warns of full-year loss
12th Jun 2019 08:57
(Sharecast News) - Car dealer Pendragon saw its shares tumble on Wednesday after warning that it expects a full-year loss as the market remains "challenging", with new and used car registrations declining.
Read morePendragon to sell off two California dealerships for ?60m
2nd May 2019 10:50
(Sharecast News) - Car retailer Pendragon has agreed to dispose of two of its Jaguar Land Rover dealerships in California for £60m.
Read morePendragon launches review as it posts loss amid 'challenging' conditions
17th Apr 2019 08:10
(Sharecast News) - Car dealership Pendragon said on Wednesday that it had launched a review of its operations and financial prospects as it reported a loss for the three months to the end of March 2019.
Read morePendragon swings to full-year loss amid 'subdued' new car sales
12th Mar 2019 10:32
(Sharecast News) - Car dealership Pendragon said on Tuesday that it swung to a full-year loss as revenues declined amid 'subdued' new car sales.
Read moreUK car sales fall for the third month in a row
5th Dec 2018 11:03
(Sharecast News) - Sales of new cars fell in November, as supply constraints and faltering consumer confidence put the brakes on the industry.
Read moreLiberum sees value in motor retailers amid 'sweeping changes'
4th Dec 2018 11:36
(Sharecast News) - Analysts at Liberum initiated coverage on several London-listed motor retailers on Tuesday, noting the motor industry was facing "sweeping changes" and a margin crunch.
Read morePendragon poaches Ten Entertainment's Mark Willis as new FD
29th Oct 2018 11:01
(Sharecast News) - Car dealer Pendragon said on Monday that Tim Holden will step down as finance director at the end of next March after 11 years at the company and will be succeeded by Ten Entertainment's Mark Willis.
Read morePendragon Q3 profits and revenue hit by new emissions regulations
26th Oct 2018 09:58
(Sharecast News) - Car dealer Pendragon - which warned on profits last week - posted a drop in third-quarter sales and profit on Friday as it took a hit from news emissions standards.
Read moreFriday broker round-up
19th Oct 2018 13:10
(Sharecast News) - IP Group: Berenberg reiterates buy with a target price of 160p.
Read morePendragon warns on profit as new vehicle test disrupts sales
19th Oct 2018 09:09
(Sharecast News) - Car dealer Pendragon was under the cosh on Friday as warned on profits, citing the impact of regulatory change on the supply of new vehicles.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreJPMorgan upgrades Pendragon, says the worst is probably over
8th Aug 2018 08:58
(Sharecast News) - JPMorgan Cazenove upgraded car dealership Pendragon to 'neutral' from 'underweight' on Wednesday following its first-half results a day earlier, lifting the price target to 23p from 19p, citing the relative improvement in trading in the second quarter and stabilising industry outlook.
Read moreUK motor market stuggles see Pendragon numbers slide
7th Aug 2018 11:57
(Sharecast News) - Pendragon issued its half-year results for the six months ended 30 June on Tuesday, reporting a 0.9% like-for-like fall in group revenue to £2.41bn, but a 0.2% improvement in total group revenue.
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