Monday broker round-up

7th Sep 2020 13:36

(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.

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Sunday share tips: Experian, Dogs of the Footsie

9th Aug 2020 15:17

(Sharecast News) - The Sunday Times's Emma Dunkley sounded a positive note on shares of Experian but nevertheless labelled the stock a 'hold' due to its valuation and the risks of a second wave of Covid-19.

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Phoenix Group cash generation 'strong' as it completes ReAssure acquisition

6th Aug 2020 07:29

(Sharecast News) - Phoenix Group reported "strong" cash generation in its first half on Thursday, of £433m, up from £287m year-on-year, as its Solvency II surplus improved to £4bn on 30 June, from £3.1bn at the end of December.

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Phoenix Group reaffirms intention to pay final dividend

7th May 2020 11:09

(Sharecast News) - Phoenix Group on Thursday reaffirmed its intention to pay a final dividend and said it continues to target cash generation of up to ?900m in 2020.

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FTSE 100 movers: Insurers, precious metals miners pace gains

9th Apr 2020 20:31

(Sharecast News) - Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.

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FTSE 100 risers: Oil majors, insurers power 'bear market' rally

24th Mar 2020 16:24

(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.

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Phoenix confirms ?3.2bn ReAssure deal on track as it hails strong year

9th Mar 2020 12:17

(Sharecast News) - Phoenix Group hailed a "strong year" on Monday after the closed life assurance and pensions consolidator posted a sharp increase in annual profits.

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Monday broker round-up

10th Feb 2020 12:52

(Sharecast News) - Consort Medical: RBC Capital Markets upgrades to sector performer with a target price of 1,010p.

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Phoenix makes ?3.2bn offer for Swiss Re's ReAssure Group

6th Dec 2019 07:04

(Sharecast News) - Phoenix Group Holdings said it had made a £3.2bn cash and shares offer for Swiss Re's UK unit ReAssure Group.

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Phoenix Group exceeds FY cash generation targets

28th Nov 2019 09:04

(Sharecast News) - Insurance services provider Phoenix Group issued a strong trading update on Thursday, revealing the group had exceeded 2019 cash generation targets ahead of its Capital Markets Day.

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Phoenix Group CEO Clive Bannister to retire

8th Nov 2019 07:49

(Sharecast News) - Insurer Phoenix Group said on Friday that chief executive officer Clive Bannister will retire on 10 March 2020 after the company's full-year results and be succeeded by former Aviva executive Andy Briggs.

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Tuesday broker round-up

3rd Sep 2019 12:59

(Sharecast News) - easyJet: Kepler Cheuvreux downgrades to reduce with a target price of 820p.

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Monday broker round-up

25th Mar 2019 08:26

(Sharecast News) - Wood Group: Jefferies downgrades to underperform with a target price of 480p.

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Phoenix Group pleased with integration progress amid 'strong' results

5th Mar 2019 09:04

(Sharecast News) - Life and pensions consolidation company Phoenix Group announced a "strong" set of results for the year ended 31 December on Tuesday, with cash generation rising to £664m from £653m year-on-year.

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RBC forecasts outperformance for European insurers, wealth managers

11th Dec 2018 12:05

(Sharecast News) - European insurers should outperform the market in 2019, RBC Capital Markets predicted, with strong balance sheets and stronger pricing boosting earnings, though Standard Life Aberdeen was downgraded.

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