UBS downgrades Crest Nicholson, Persimmon

18th Mar 2021 11:42

(Sharecast News) - UBS downgraded its stance on shares of Persimmon and Crest Nicholson on Thursday as it took a look at the UK housebuilding sector.

Read more

Thursday broker round-up

11th Feb 2021 14:18

(Sharecast News) - JD Wetherspoons: Peel Hunt downgrades to reduce with a target price of 1,150p.

Read more

Redrow resumes dividend as demand drives higher H1 profits

10th Feb 2021 07:33

(Sharecast News) - UK homebuilder Redrow reinstated dividends as it posted an 11% rise in first-half profit on Wednesday, as customers rushed to buy homes before the end of government incentives next month.

Read more

Redrow interims to be catalyst for shares, JP Morgan says

3rd Feb 2021 11:20

(Sharecast News) - Redrow's first-half results will help the company's shares narrow the gap with the rest of the UK housebuilders, JP Morgan said.

Read more

Tuesday broker round-up

15th Dec 2020 13:40

(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.

Read more

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.

Read more

Deutsche Bank upgrades Taylor Wimpey, downgrades Vistry

8th Dec 2020 10:37

(Sharecast News) - Deutsche Bank said on Tuesday that it remains "constructive" towards the UK housebuilding sector as it changed its ratings on three London-listed names.

Read more

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.

Read more

Redrow reservations rise as lockdown workers seek more space

6th Nov 2020 07:29

(Sharecast News) - House builder Redrow reported a rise in reservation values as customers look for homes with more space to work based on coronavirus lockdown experiences.

Read more

Monday broker round-up

21st Sep 2020 13:19

(Sharecast News) - Burberry Group: RBC Capital Markets upgrades to sector perform with a target price of 1,620.0p.

Read more

Thursday broker round-up

17th Sep 2020 13:25

(Sharecast News) - Compass: Barclays upgrades to overweight with a target price of 1,500.0p.

Read more

Wednesday broker round-up

16th Sep 2020 13:18

(Sharecast News) - Morrison: JP Morgan downgrades to underweight with a target price of 160.0p.

Read more

Redrow profits slump, but sees dividends back in 2021

16th Sep 2020 07:01

(Sharecast News) - Full year profits at house builder Redrow slumped by 66% due to the coronavirus pandemic, although reservations rose in the first 11 weeks of the new fiscal year and it expected to resume dividend payments in 2021.

Read more

Wednesday preview: US FOMC, Redrow in the spotlight

15th Sep 2020 15:40

(Sharecast News) - All eyes will be on the Federal Open Market Committee on Wednesday, as rate-setters at the US central bank meet to decide on policy.

Read more

Housebuilders rally on report of Help to Buy extension

28th Jul 2020 10:13

(Sharecast News) - Shares of London-listed housebuilders rallied on Tuesday following a report the UK government is planning to extend the Help to Buy scheme.

Read more