Purplebricks shares plummet after shock sales warning
21st Feb 2019 10:37
(Sharecast News) - Real estate agent Purplebricks shares slumped on Thursday as the company slashed its sales forecast and its top executives in the UK and the US quit.
Read moreThursday broker round-up
17th Jan 2019 13:13
(Sharecast News) - Intercontinental Hotels Group: Berenberg upgrades to buy with a target price of 4,850p.
Read morePurplebricks losses widen in first half
13th Dec 2018 10:30
(Sharecast News) - Hybrid estate agent Purplebricks downgraded its revenue guidance for the year on Thursday amid "challenging" market conditions, as it posted a widening of first-half losses but a rise in revenue.
Read morePurplebricks to launch in Florida as US expansion continues
25th Sep 2018 09:23
(Sharecast News) - Hybrid estate agent Purplebricks announced plans on Tuesday to expand its US operations to Florida.
Read morePurplebricks enjoys record monthly valuations in January
30th Jan 2017 07:32
(ShareCast News) - Online estate agent Purplebricks confirmed a record monthly level of valuations and instruction activity in January as it expects trading to show year-on-year growth. In its interim results on Friday that it was entering 2017 in its strongest ever position, with significantly incr
Read morePurplebricks plots further expansion in Australia
16th Jan 2017 14:55
(ShareCast News) - AIM-traded online estate agency Purplebricks has launched its service in Australia and plans to expand further in the country. The company, which floated in December 2015 raising £240m, is now operating in Melbourne, Brisbane, the Gold Coast and the Sunshine Coast, Sydney and p
Read moreAlmost 1,000 estate agents 'unlikely to still be trading' in three years
11th Jan 2017 14:31
(ShareCast News) - As Foxtons revealed details of its troubled 2016 and warned of continued harder times in the year ahead, new analysis of the housing sector confirmed increasing levels of financial distress among UK estate agents. Nearly 1,000 estate agencies could be wiped out over the next three
Read moreTuesday broker round-up
13th Sep 2016 11:56
(ShareCast News) - GVC Holdings: Berenberg reiterates buy with a target price of 760p. Softcat: Citigroup reiterates buy, 410p target. GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target. Relx: UBS stays at buy with a 1600p target. GB Group: Citigroup starts coverage at buy
Read moreJefferies says Purplebricks pushing patience of home sellers
21st Jul 2016 13:48
(ShareCast News) - Jefferies highlighted the long waiting times for people selling homes via 'hybrid' estate agency Purplebricks and set a 'underperform' rating and a target price that is a third of the current share price. A visit to the Purplebricks.com website by the broker found 14% of the prope
Read moreSunday share tips: Purplebricks, Associated British Foods, Angle
12th Jun 2016 13:28
(ShareCast News) - Purplebricks Group shares were a 'buy' in the Sunday Times' Inside the City column. Investing in this online estate agency might be a wild ride, with the shares trading for more than 40 times earnings, but some notable names are on the register since its IPO at the end of last yea
Read moreTuesday broker round-up
31st May 2016 11:56
(ShareCast News) - B&M European Value: Retail HSBC reiterates buy with a 410p target. Zoopla: Jefferies stays at buy with a 430p target. Royal Dutch Shell "a": UBS reiterates buy with a target price of 1950p and HSBC stays at buy with a 2000p target. Ultra Electronic Holdings: JP Morgan reiterates
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