Tuesday broker round-up
18th Oct 2016 12:36
(ShareCast News) - BT Group: Goldman Sachs keeps at buy with a target price of 560p. Bellway: Canaccord reiterates buy, 2350p target. Standard Life: Barclays keeps at underweight with a 301p target. Debenhams: HSBC maintains reduce with a 50p target. Smiths Group: UBS keeps at neutral with a 1510
Read moreMonday broker round-up
17th Oct 2016 10:15
(ShareCast News) - Coca Cola Hellenic: Jefferies keeps at buy with a target price of 2100p. Jupiter Fund Management: Societe Generale downgrades to hold, 490p target. Aveva: Barclays keeps at equal-weight with a 1450p target. Arrow Global: Numis upgrades to buy with a 405p target. Close Brothers
Read morePearson sales struggle as education proves tough test
17th Oct 2016 07:09
(ShareCast News) - Underlying sales remained underwhelming at Pearson in the third quarter but the pound's weakness is likely to put a sheen on full year numbers. Although underlying profit guidance for 2016 was held steady, the educational publisher has completed around 90% of its redundancies in o
Read moreWednesday broker round-up
12th Oct 2016 14:40
(ShareCast News) - Shire: Goldman Sachs keeps at buy with a target price of 6300p. Page Group: HSBC reiterates hold, 385p target. McCarthy & Stone: UBS keeps at sell with a 150p target. Arrow Global: Macquarie reiterates outperform with a 335p target. Electrocomponents: Citigroup keeps at neutral
Read moreBroker tips: Intertek, Wolseley, Pearson
4th Oct 2016 10:54
(ShareCast News) - Intertek was lifted by a double upgrade from Jefferies, which raised its stance on the stock to 'buy' from 'underperform' and upped the price target to 4,300p from 3,000p. "Our recommendation is not predicated on a major near term beat. More, that we believe we should see from her
Read morePearson rallies as Morgan Stanley says another warning unlikely
4th Oct 2016 09:07
(ShareCast News) - Education publisher Pearson got a boost on Tuesday as Morgan Stanley reiterated its 'overweight' rating on the stock and 1,050p price target, saying the market's expectations of another profit warning are unlikely to materialise. MS said the stock is too cheap, now down 25% from i
Read moreThursday broker round-up
22nd Sep 2016 13:35
(ShareCast News) - Dunelm: HSBC starts coverage at buy with a target price of 1000p. Brown N Group: UBS keeps at neutral, 190p target. Tesco: Barclays keeps at neutral with a 215p target. Associated British Foods: Credit Suisse reiterates outperform with a 3550p target. BBA Aviation: Barclays kee
Read moreBroker tips: Dunelm, BBA Aviation, Pearson
22nd Sep 2016 10:00
(ShareCast News) - Dunelm Group's shares rose on Thursday as HSBC initiated the stock at a 'buy' rating and target price of 1,000p. HSBC said the home furnishings retailer has strong management and an attractive business model with high margins, cash flow and returns. "It is the leading UK homeware
Read moreExane downgrades Pearson, sees more turbulence ahead
22nd Sep 2016 08:24
(ShareCast News) - Exane BNP Paribas downgraded education publisher Pearson to 'neutral' from 'outperform' and cut the price target to 900p from 1,000p saying it fears more turbulence ahead. The bank said that after last year's shock profit warning, Pearson has needed to deliver on expectations to r
Read morePearson slumps on US peer John Wiley's results; Liberum reiterates 'sell' rating
8th Sep 2016 10:37
(ShareCast News) - Shares in education publisher Pearson slumped on Thursday after US peer John Wiley & Sons slid nearly 7% in the previous session following the release of disappointing first-quarter results. Liberum said the drop in John Wiley shares was primarily driven by the company's comments
Read moreFriday broker round-up
2nd Sep 2016 19:04
(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar
Read moreTuesday broker round-up
16th Aug 2016 11:38
(ShareCast News) - Investec: UBS reiterates buy with a target price of 550p. Hastings: Berenberg maintains buy with a 234p target. Auto Trader: Goldman Sachs reiterates buy with a 445p target. Smiths Group: HSBC stays at hold with a 1300p target. Rightmove: Goldman Sachs keeps at neutral with a t
Read moreThursday broker round-up
11th Aug 2016 19:13
(ShareCast News) - Astrazeneca: Berenberg reiterates buy with a target price of 5600p. Legal & General: RBC maintains outperform with a 300p target. Lloyds: JP Morgan reiterates neutral with a 62p target. Centamin: RBC stays at speculative risk with a 190p target. Staffline: Berenberg reiterates
Read moreMonday broker round-up
1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
Read morePearson first half pre-tax losses widen; restructuring on track
29th Jul 2016 07:39
(ShareCast News) - Educational publisher Pearson has reported a widening in first half pre-tax losses to £306m from £132m, reflecting lower operating profits and £171m in restructuring charges. Sales decreased by £131m in headline terms to £1.86bn primarily due to the expected weakness in assessment
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