UK house builders rally on cladding hopes
14th Mar 2022 08:29
(Sharecast News) - Shares in UK house builders rallied on Monday on hopes that the cost of fixing the cladding scandal may be less than initially feared.
Read moreDirector dealings: Redrow board buys up after update, Lok'nStore director makes £40k sale
14th Feb 2022 13:05
(Sharecast News) - Intermediate Capital Group disclosed a share purchase worth almost £0.17m on Monday, made by one of its non-executive directors.
Read moreRedrow posts record interim revenue, ups 2024 guidance
10th Feb 2022 07:40
(Sharecast News) - Housebuilder Redrow posted a jump in interim profit on Thursday and record revenue amid strong demand, as it lifted its guidance for 2024.
Read moreUK house price growth doubles forecasts but outlook 'uncertain'
1st Dec 2021 08:00
(Sharecast News) - House price growth continued at a brisk pace in November, buoyed by "robust" conditions in the labour market, but the multiple headwinds the sector was facing meant that the outlook was uncertain.
Read moreRedrow FY results expected to be at pre-Covid levels
12th Nov 2021 09:05
(Sharecast News) - Housebuilder Redrow said on Friday that 2022 full-year results were expected to be close to pre-Covid levels
Read moreSelloff in housebuilding sector presents opportunities, says Citi
26th Oct 2021 09:45
(Sharecast News) - The recent selloff in the housebuilding sector presents opportunities with significant growth and yield attractions, Citi said in a note on Tuesday.
Read moreRedrow full-year profit more than doubles
15th Sep 2021 07:51
(Sharecast News) - Redrow posted a rise in full-year profit on Wednesday as the housebuilder said it expects sales rates to return to historical averages over the course of the current financial year.
Read moreRedrow shares jump amid rumours of a possible takeover
18th Aug 2021 11:13
(Sharecast News) - Homebuilder Redrow's shares surged on the back of 'market chatter' regarding a possible takeover.
Read moreThursday broker round-up
8th Jul 2021 13:04
(Sharecast News) - Croda International: HSBC upgrades to buy with a target price of 8,600p.
Read moreWednesday broker round-up
7th Jul 2021 14:03
(Sharecast News) - WM Morrison: Berenberg downgrades to hold with a target price of 254p.
Read moreRedrow sees 2022 revenues exceeding £2bn
7th Jul 2021 07:03
(Sharecast News) - Housebuilder Redrow said it expected 2022 revenues to exceed £2bn driven by the winding down of the stamp duty holiday and better-than-expected trade in its regional businesses.
Read moreLiberum backs housebuilders, names Persimmon and Taylor Wimpey top picks
5th Jul 2021 13:53
(Sharecast News) - Liberum has named Persimmon and Taylor Wimpey as two of its top picks, after a recent sell-off created an "attractive" buying opportunity among housebuilders.
Read moreLiberum upgrades Taylor Wimpey to 'buy', upbeat on sector
7th Jun 2021 07:10
(Sharecast News) - Liberum struck an upbeat note on the UK housebuilding sector on Monday, upgrading its stance on shares of Taylor Wimpey as it said recent updates confirmed trading has strengthened in April/May and house price inflation has spread to the new build sector.
Read moreRedrow names Richard Akers as chairman-designate
12th May 2021 09:04
(Sharecast News) - Housebuilder Redrow said on Wednesday that Richard Akers would be the group's next chairman, taking over from John Tutte following the publication of the firm's full-year results on 15 September.
Read moreMonday broker round-up
12th Apr 2021 13:21
(Sharecast News) - Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
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