Wednesday broker round-up

22nd Apr 2020 13:54

(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.

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Rolls-Royce pulls dividend, guidance as Covid-19 travel bans bite

6th Apr 2020 07:02

(Sharecast News) - Aircraft engine maker Rolls-Royce pulled its dividend and full year guidance as it moved to mitigate the impact of the coronavirus pandemic.

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Air passenger traffic falls at steepest rate since 9/11 in February

2nd Apr 2020 14:29

(Sharecast News) - Air passenger numbers tumbled in February at the steepest rate since the terrorist attacks on the World Trade Centre in 2001, industry data showed on Thursday.

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Thursday broker round-up

2nd Apr 2020 13:03

(Sharecast News) - Unilever: Barclays upgrades to equal weight with a target price of 4,420p.

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FTSE 100 movers: Analysts cut target for Rolls Royce, buyers seek out Ocado

1st Apr 2020 16:40

(Sharecast News) - London's FTSE 100 was down 3.16% to 5,493 as of 1601 GMT, mimicking falls across the Continent and over on the other side of the Pond.

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Aerospace firms lobby govt for Virgin Atlantic bailout

1st Apr 2020 15:56

(Sharecast News) - Aerospace companies and the UK's biggest airport are reportedly lobbying the government to bail out struggling airline Virgin Atlantic.

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Morgan Stanley upgrades Meggitt in positive aerospace note

31st Mar 2020 11:51

(Sharecast News) - Morgan Stanley upgraded Meggitt to 'overweight' as the investment bank recommended buying shares in the aerospace sector.

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FTSE 100 movers: Defensives lead, alongside Big Oil

30th Mar 2020 15:34

(Sharecast News) - Defensives lent their weight to Monday's move to the upside, even as investor sentiment was buoyed by Wall Street's ability seeming ability to avoid its now customary stumble at the start of the week.

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JPMorgan says 75% chance Rolls-Royce may need to issue equity

30th Mar 2020 15:04

(Sharecast News) - There's a 75% chance that Rolls-Royce will need to issue equity, JPMorgan Cazenove said on Monday in a note on the European civil aerospace sector.

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Monday broker round-up

30th Mar 2020 11:44

(Sharecast News) - Cineworld Group: JP Morgan downgrades to neutral with a target price of 90p.

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Sunday newspaper round-up: Restrictions, Unemployment, Blood plasma

29th Mar 2020 20:57

(Sharecast News) - "Life in Britain will not return to normal for six months, England's deputy chief medical officer has warned, as ministers begin preparing the public for an extended period of lockdown. At the government's daily press conference, Jenny Harries said that strict social distancing rules may have to be in place for between two and three months. But she added that it would be a further three months before all restrictions were lifted, and even then there were likely to be "bumps" as new clusters of cases of coronavirus were identified." - Sunday Times

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FTSE 100 movers: Air travel stocks, insurers pace gains

25th Mar 2020 16:50

(Sharecast News) - Shares in air travel-related and insurance companies paced gains on the top-flight index as it extended the previous day's bear market rally amid bargain hunting.

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US open: Boeing leads gains on hopes for economic relief package

25th Mar 2020 14:19

(Sharecast News) - Stocks in the US were pushing higher still early on Wednesday, led by gains for Boeing thanks to news that lawmakers on Capitol Hill had agreed on a roughly $2trn economic relief bill that included measures aimed specifically at the aerospace and defence engineer.

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Airbus pulls dividend, secures fresh credit to shore up cash reserves

23rd Mar 2020 12:00

(Sharecast News) - Airbus has pulled its dividend and secured a €15bn credit facility as it looks to bolster cash reserves during the coronavirus crisis.

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Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

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