London open: Housing stocks pull FTSE lower on rate-hike fears
15th Aug 2023 08:07
(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.
Read moreLondon midday: Markets subdued ahead of US CPI data
10th Aug 2023 11:59
(Sharecast News) - Investors were keeping their powder dry on Thursday in London as stock markets chose to remain cautious ahead of a much-anticipated US inflation report later on.
Read moreLondon open: Tentative start for FTSE 100 as markets eye US data
10th Aug 2023 08:25
(Sharecast News) - The FTSE 100 edged higher in morning trade on Thursday, rising for the second straight session, though gains were limited as investors showed caution ahead of some all-important inflation figures from the US.
Read morePersimmon posts sharp drop in 1H profit
10th Aug 2023 07:22
(Sharecast News) - Persimmon said that it was on track to meet expectations for full-year profit, despite higher mortgage rates, the removal of Help-to-Buy and "significant" market uncertainty.
Read moreLondon pre-open: Futures edge higher as market awaits US inflation data
10th Aug 2023 07:04
(Sharecast News) - UK stocks were set to tick slightly higher on Thursday morning, though gains would likely be muted as the market awaits key inflation data from the US later on.
Read moreAbrdn poaches Persimmon CFO Jason Windsor
27th Jul 2023 10:55
(Sharecast News) - Fund manager Abrdn said on Thursday that it has appointed Jason Windsor as its new chief financial officer.
Read moreJPMorgan downgrades Persimmon, reiterates cautious stance on housebuilders
4th Jul 2023 09:57
(Sharecast News) - JPMorgan Cazenove downgraded Persimmon on Tuesday as it reiterated its cautious stance on the UK housebuilding sector.
Read moreBroker tips: Dunelm, Persimmon
4th Jul 2023 08:50
(Sharecast News) - Dunelm was under the cosh on Tuesday after RBC Capital Markets downgraded the homeware retailer to 'underperform' from 'sector perform' and slashed the price target to 1,000p from 1,300p.
Read moreUBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreBroker tips: Housebuilders, Dr Martens, REITS
12th Jun 2023 07:48
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreSector movers: Homebuilders pace losses after core CPI surprise
24th May 2023 17:07
(Sharecast News) - Homebuilders were at the bottom of the pile on Wednesday following the release of data showing an unexpected acceleration in core consumer prices.
Read moreBroker tips: Dunelm, Persimmon, RWS Holdings
28th Apr 2023 14:13
(Sharecast News) - Deutsche Bank initiated coverage of homeware retailer Dunelm on Friday with a 'buy' rating and 1,313p price target, arguing that the recent de-rating is a buying opportunity.
Read moreBerenberg lowers target price on Persimmon
28th Apr 2023 10:21
(Sharecast News) - Analysts at Berenberg lowered their target price on construction outfit Persimmon from 1,600.0p to 1,400.0p on Friday following the group's first quarter trading update a day earlier.
Read morePersimmon sees 2023 volumes towards top end of guidance
26th Apr 2023 07:56
(Sharecast News) - Persimmon posted a slump in first-quarter completions on Wednesday but said it expects full-year 2023 volumes to be towards the top end of guidance following an improvement in sales rates since the start of the year.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
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