Monday broker round-up

1st Mar 2021 13:43

(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.

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Rightmove FY profit, revenue decline after customer discounts

26th Feb 2021 07:35

(Sharecast News) - Rightmove reported a drop in full-year profit on Friday as revenue took a hit after it gave discounts to customers during the coronavirus pandemic, but said it will resume dividend payments and its share buyback programme.

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Wednesday broker round-up

24th Feb 2021 13:56

(Sharecast News) - Greencore: HSBC upgrades to buy with a target price of 170p.

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Mortgage approvals surge to 13-year high

30th Nov 2020 11:52

(Sharecast News) - Mortgage approvals surged to a 13-year high in October, underpinned by pent-up demand and the stamp duty holiday, official data showed on Monday.

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Director dealings: Rightmove CEO makes share sale

15th Sep 2020 16:30

(Sharecast News) - Rightmove revealed on Tuesday that chief executive Peter Brooks-Johnson had disposed of 171,022 ordinary shares in the FTSE 100-listed real estate portal operator.

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Rightmove appoints Alison Dolan as CFO

4th Aug 2020 08:53

(Sharecast News) - Real-estate website Rightmove said it had appointed former News UK strategy officer Alison Dolan as its chief financial officer.

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Friday broker round-up

10th Jul 2020 13:26

(Sharecast News) - Ocado: Berenberg reiterates buy with a target price of 2,225.0p.

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OnTheMarket secures 500 more estate agent branches

2nd Jul 2020 09:54

(Sharecast News) - Nearly 500 estate agent branches have signed up to OnTheMarket, the property portal said on Thursday, as leads continued to grow following the easing of lockdown rules.

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Friday broker round-up

26th Jun 2020 13:24

(Sharecast News) - Crest Nicholson: Jefferies downgrades to hold with a target price of 226.0p.

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Rightmove valuation does not reflect risks, says Berenberg

25th Jun 2020 09:31

(Sharecast News) - Berenberg downgraded its rating on shares of property portal Rightmove to 'sell' from 'hold' on Thursday and cut the price target to 385p from 400p as it argued that the current valuation does not reflect the risks.

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Wednesday broker round-up

24th Jun 2020 13:42

(Sharecast News) - G4S: Credit Suisse upgrades to outperform with a target price of 140p.

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OnTheMarket extends listing discount for agents

23rd Jun 2020 12:08

(Sharecast News) - OnTheMarket, the agent-backed property portal, has extended its listing discount for estate agents by a further two months.

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Rightmove revenue to be hit further as it extends agent discounts

23rd Jun 2020 07:38

(Sharecast News) - Property portal Rightmove said on Tuesday that revenues will be hit further as it continues to support its agents with discounts following disruption from the Covid-19 outbreak.

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English housing market bounces back as lockdown eases - Rightmove

15th Jun 2020 08:18

(Sharecast News) - The English housing market has rebounded strongly after lockdown restrictions were eased, industry research showed on Monday.

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House market picks up as estate agents reopen - RICS

11th Jun 2020 12:02

(Sharecast News) - The housing market has picked up quickly since restrictions were eased, a closely-watched survey confirmed on Thursday, but house prices remain under pressure.

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