National Grid the pick of utilities sector, reckons Barclays
30th Jan 2019 15:28
(Sharecast News) - National Grid looks the most attractive of the utilities stocks listed in London, said Barclays as it initiated coverage on the sector with the view that water companies are "fair value".
Read moreMonday broker round-up
10th Dec 2018 13:19
(Sharecast News) - RSA: Jefferies upgrades to buy with a target price of 606p.
Read moreWednesday broker round-up
28th Nov 2018 12:52
(Sharecast News) - Mark and Spencer Group: RBC Capital Market downgrades to sector performer with a target price of 320p.
Read moreTuesday broker round-up
27th Nov 2018 12:26
(Sharecast News) - Pets At Home Group: Liberum downgrades to hold with a target price of 120p.
Read moreUK summer helps Pennon interims shine
27th Nov 2018 08:21
(Sharecast News) - Summer heat in the UK helped boost interim profits at water utility Pennon Group, the company reported on Tuesday.
Read moreTuesday preview: Fed vicechairman, Pennon in focus
26th Nov 2018 16:39
(Sharecast News) - All eyes on Tuesday are likely to be on a speech by US Federal Reserve vice-chairman, Richard Clarida, as investors try to better gauge at what pace the central bank is likely to continue to tighten policy.
Read moreRBC downgrades Pennon, Severn Trent on regulatory fears
26th Nov 2018 14:43
(Sharecast News) - Analysts at RBC Capital Markets downgraded Pennon on Monday on the belief that the water and waste group will have a difficult time outperforming many of its peers.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreLabour pledges to set up publicly-owned water services run by workers
24th Sep 2018 15:20
(Sharecast News) - The Labour party has pledged to "turn off the tap" that sells-off utilities for private profit and to set up publicly-owned transparent water companies run by local councils, workers and customers.
Read morePennon Group pleased with performance ahead of half-year results
24th Sep 2018 08:34
(Sharecast News) - Environmental infrastructure company Pennon Group updated the market ahead of its half-year results to 30 September on Monday, reporting that its South West Water business had continued to deliver a "strong" operational and financial performance, with a focus on efficiency and customer service.
Read morePennon promises customers more involvement with South West Water
3rd Sep 2018 09:07
(Sharecast News) - Pennon Group subsidiary South West Water released details on its business plan for 2020-25 on Monday, after submitting its Price Review 2019 plans to the regulator Ofwat.
Read moreOfwat's rethink is good news for water companies, HSBC says
28th Aug 2018 10:09
(Sharecast News) - The water regulator's August position paper took a step back from an earlier more prescriptive stance, relieving concerns about Pennon, Severn Trent and United Utilities, HSBC said.
Read moreFriday broker round-up
10th Feb 2017 10:35
(ShareCast News) - British American Tobacco: Berenberg upgrades to Buy with a target price of 5670p. Smith & Nephew: Jefferies reiterates Buy with a target price of 1350p. BT Group: UBS maintains Neutral with a target price of 325p. Ashmore Group: UBS maintains Buy with a target price of 390p. Da
Read morePennon performs in line despite Viridor challenges
9th Feb 2017 08:00
(ShareCast News) - Environmental infrastructure group Pennon issued a trading update on Thursday, confirming it will deliver trading performance consistent with the board's expectations and prior guidance. The FTSE 250 company said it continued to focus on delivering for customers, communities and s
Read moreBroker tips: ITV, Randgold Resources, Pennon
13th Jan 2017 13:56
(ShareCast News) - ITV got a boost on Friday after Goldman Sachs added the buy-rated stock to its Conviction List, saying its is one of the most likely M&A candidates in its coverage, as it took a look at the European media sector. It noted the stock has been one of the worst performers in its secto
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