Thursday broker round-up

4th Mar 2021 13:25

(Sharecast News) - Weir: Deutsche Bank downgrades to hold with a target price of 2,000p.

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Persimmon pledges return to pre-crisis shareholder payouts

3rd Mar 2021 07:02

(Sharecast News) - Persimmon pledged to restore shareholder payouts to pre-crisis levels in 2021 as the housebuilder reported an 18% decline in annual profit.

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Housebuilders rally on reports of mortgage guarantee scheme

1st Mar 2021 11:36

(Sharecast News) - Shares of London-listed housebuilders rallied on Monday on news of a new mortgage guarantee scheme that would see a return of 95% of mortgages.

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Persimmon sets aside £75m to remove cladding

10th Feb 2021 07:08

(Sharecast News) - Persimmon has set aside £75m for the removal of cladding from 26 buildings it constructed ahead of a government announcement about the removal of potentially combustible materials following the Grenfell Tower fire.

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Barclays upgrades Persimmon, Taylor Wimpey

3rd Feb 2021 08:56

(Sharecast News) - Barclays adjusted its ratings on UK housebuilding stocks on Wednesday, lifting its stance on Persimmon and Taylor Wimpey, but downgrading Barratt Developments and Crest Nicholson.

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Monday broker round-up

1st Feb 2021 13:44

(Sharecast News) - Polymetal International: Berenberg reiterates buy with a target price of 2,310p.

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Persimmon hails robust year despite lockdown restrictions hitting home

13th Jan 2021 07:10

(Sharecast News) - Persimmon hailed a "robust" full-year performance on Wednesday, despite lockdown restrictions contributing to a fall in new house sales.

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Canaccord Genuity looks forward to vaccinations and M&A, lays out top picks for 2021

11th Jan 2021 11:51

(Sharecast News) - Analysts at Canaccord Genuity laid out their 'top picks' for the UK market over the next 12 months after a bruising 2020.

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JPM upgrades Redrow, downgrades Berkeley

15th Dec 2020 10:20

(Sharecast News) - JPMorgan Cazenove upgraded Redrow and downgraded Berkeley on Tuesday as it took a look at the UK housebuilding sector and became more positive on the outlook.

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Canaccord predicts recovery for UK housebuilders

2nd Dec 2020 11:53

(Sharecast News) - Bellway, Crest Nicholson and Redrow look particularly attractive as UK housebuilders profits start to recover from the Covid-19 crisis, Canaccord Genuity said.

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Thursday broker round-up

12th Nov 2020 12:38

(Sharecast News) - Compass Group: Jefferies downgrades to hold with a target price of 1,400p.

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Persimmon declares dividend as forward sales rise

10th Nov 2020 07:21

(Sharecast News) - House builder Persimmon on Tuesday declared a second dividend of 70p a share as it reported a rise in forward sales driven by strong demand and selling prices.

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Canaccord slightly raises target price on Persimmon ahead of update

6th Nov 2020 10:28

(Sharecast News) - Analysts at Canaccord Genuity nudged up their target price on homebuilder Persimmon from 2,930.0p to 2,940.0p on Friday, stating it expects an "impressive" second-half recovery.

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Persimmon weakness a buying opportunity ahead of update, says JPM

5th Nov 2020 12:28

(Sharecast News) - Housebuilder Persimmon rallied on Thursday as JPMorgan Cazenove argued that recent weakness provides a buying opportunity ahead of trading update next week, which it expects to be a positive catalyst, and said it was still its "top idea" in the UK housebuilding sector.

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Friday broker round-up

30th Oct 2020 13:40

(Sharecast News) - Royal Dutch Shell: Barclays upgrades to equal weight.

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