Rightmove's price rises come up against agent woes, Berenberg says
1st Aug 2018 13:58
(Sharecast News) - Rightmove's fees are likely to come under pressure as struggling estate agents become unwilling to swallow price increases, Bereberg analysts said.
Read moreWednesday broker round-up
1st Aug 2018 13:19
(Sharecast News) - Rightmove: Berenberg downgrades to sell with a target price of 4,100p.
Read moreFriday broker round-up
27th Jul 2018 13:14
(Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p.
Read moreRightmove interim profits up, dividend lifted
27th Jul 2018 07:33
(Sharecast News) - Rightmove posted a jump in first-half revenue and profit on Friday as it lifted its interim dividend and said it was confident of delivering on its full-year expectations.
Read moreCitigroup downgrades Rightmove to 'sell'
19th Jan 2017 15:16
(ShareCast News) - Citigroup downgraded Rightmove to 'sell' from 'neutral' but lifted the price target to 3,770p from 3,650p. The bank pointed to a muted growth outlook on 12-24 month basis and a rich valuation as the reasons behind the downgrade. Citi said it was recapping its post-Brexit assumpti
Read moreExane picks WPP and cuts DMGT as media set to outperform in 2017
16th Jan 2017 12:10
(ShareCast News) - After a weak 2016, Exane BNP Paribas predicted the media sector will outperform the wider market in 2017, though downgraded Daily Mail & General Trust due to "significant operational uncertainty". Exane said it expected media will outperform as the sector's relative p/e premium ha
Read moreBroker Dowgate picks top large and small companies for 2017
5th Jan 2017 14:59
(ShareCast News) - Broker Dowgate picked out its top three share tips for 2017 for both small and large cap companies, including Lloyds Banking Group, Rightmove and Satellite Solutions. For small caps the City firm plumped for Be Heard Group, Franchises Brands and Satellite Solutions. Digital marke
Read moreMonday broker round-up
12th Sep 2016 09:24
(ShareCast News) - Autotrader: Barclays reiterates equal-weight with a target price of 375p. Hikma: Jefferies maintains buy with a 2500p target. Wood Group: Exane BNP Paribas upgrades to buy with a 815p target. Man Group: Citigroup upgrades to buy with a 137p target. McCarthy & Stone: Goldman Sac
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 moreRightmove surges as it posts rise in first-half profit
27th Jul 2016 07:54
(ShareCast News) - Shares in online estate agent Rightmove surged on Wednesday as it posted a rise in first-half pre-tax profit and expressed confidence over the full year despite the impact of Brexit. For the six months ended 30 June, pre-tax profit increased to £80.6m from £66.6m in 2015 as revenu
Read moreWednesday preview: US Fed, UK homebuilders in focus
26th Jul 2016 23:30
(ShareCast News) - Financial markets worldwide were expected to tread a cautious path on Wednesday until after the announcement of the US central bank´s policy announcement which wasn´t due until after the close of trading in London. Somewhat ironically, the possibility existed that rate-setters at
Read moreBroker tips: Rightmove, Anglo American, AB Foods
7th Jul 2016 15:19
(ShareCast News) - Morgan Stanley cut its forecasts and price share targets by varying degrees for internet players Rightmove, Auto Trader and Zoopla, but saw a higher price for Just Eat. UK internet stocks are still benefitting from structural growth, the bank said in a note to clients, also offeri
Read moreMorgan Stanley cuts forecasts for Rightmove, Auto Trader and Zoopla
7th Jul 2016 14:17
(ShareCast News) - Morgan Stanley cut its forecasts and price share targets by varying degrees for internet players Rightmove, Auto Trader and Zoopla, but saw a higher price for Just Eat. UK internet stocks are still benefitting from structural growth, the bank said in a note to clients, also offeri
Read moreFTSE 250 movers: house builders in focus as mid caps sour
4th Jul 2016 18:25
(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r
Read moreBarclays downgrades MoneySupermarket and Rightmove
4th Jul 2016 11:04
(ShareCast News) - Barclays downgraded its recommendation on shares of MoneySupermarket and Rightmove following the "jolt" of the UK referendum and after adjusting its forecasts for European Media companies based on its new assumptions for FX rates and lower macroeconomic assumptions. The broker als
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