Wednesday broker round-up
14th Sep 2016 08:37
(ShareCast News) - Relx: Berenberg reiterates buy with a target price of 1600p. Standard Life: Deutsche Bank reiterates buy, 325p target. Arrow Globalik: Jefferies keeps at buy with a 359p target. Ocado: Exane BNP Paribas downgrades to underperform with a 215p target. SafeCharge: Berenberg stays
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 moreHS2 chief Kirby poached by Rolls-Royce
12th Sep 2016 08:40
(ShareCast News) - There was a fresh shake-up for Britain's railways over the weekend, after it emerged that Simon Kirby is leaving HS2 Ltd - the company designing and building the next stage of Britain's controversial high-speed railway network - to take up the post of chief operating officer at Ro
Read moreFriday broker round-up
9th Sep 2016 13:37
(ShareCast News) - Merlin Entertainments: UBS reiterates buy with a target price of 540p. Fenner: Jefferies maintains buy with a 205p target. Randgold Resources: UBS upgrades to buy with a 9750p target. Lloyds: Berenberg reiterates hold with a 55p target. BAE Systems: Goldman Sachs keeps at buy w
Read moreExane downgrades Rolls-Royce to 'underperform'
7th Sep 2016 11:43
(ShareCast News) - Rolls-Royce was under the cosh on Wednesday as Exane BNP Paribas downgraded the stock to 'underperform' from 'neutral' with an unchanged price target of 530p, citing little valuation support versus peers. Exane noted Rolls is the strongest sector performer year-to-date, with share
Read moreMonday broker round-up
5th Sep 2016 15:25
(ShareCast News) - BAE systems: Goldman Sachs reiterates buy with a target price of 671p. Morrison: Jefferies maintains buy with a 210p target. Compass Group: UBS keeps at neutral with a 1485p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Cobham: Goldman Sachs keeps at n
Read moreThursday newspaper round-up: Pension deficits, sovereign bond yields, Rolls-Royce, Poundland
1st Sep 2016 07:45
(ShareCast News) - The scrapping of a dividend by specialist plastics group Carclo due to its spiralling pension deficit triggered rules that prohibited a payout could be a watershed moment for British business as it highlighted the crisis in corporate pensions. The combined deficit of all the UK's
Read moreWednesday broker round-up
31st Aug 2016 16:34
(ShareCast News) - Halma: Jefferies reiterates buy with a target price of 1210p. G4S: UBS maintains buy with a 260p target. Bunzl: Barclays reiterates equal-weight with a 2450p target. Carclo: Finncap reiterates hold with a 150p target. Associated British Foods: Berenberg downgrades to hold with
Read moreBroker tips: Cobham, Worldpay, Rolls-Royce
10th Aug 2016 11:00
(ShareCast News) - Exane BNP Paribas downgraded Cobham to 'underperform' from 'neutral' and cut the price target to 140p from 143p, highlighting lingering doubts following the company's first-half results last week. The bank said sales and trading profit in H1 were broadly in line with consensus. "
Read moreRolls-Royce boosted by Morgan Stanley upgrade
10th Aug 2016 10:28
(ShareCast News) - Rolls-Royce got a boost on Wednesday as Morgan Stanley upgraded the stock to 'equalweight' from 'underweight' due to increased confidence on cash, and lifted the price target to 780p from 655p. In its note on the company back in June, MS had pointed out that there wasn't much room
Read moreSunday newspaper round-up: Interest rates, EU single market, IHG, Poundland
7th Aug 2016 15:33
(ShareCast News) - Savers face five more years of record-low returns, with investors betting that the Bank of England will not undo last week's interest rate cut before the end of the decade. City traders expect Bank governor Mark Carney to slash borrowing costs again before the end of the year, the
Read moreSector movers: Oil-related sectors retreat as Aerospace & Defence flies
28th Jul 2016 16:42
(ShareCast News) - FTSE indices were mixed heading towards the closing bell on Thursday, with the blue-chip index helped south by oil stocks undermined by crude's weakness and Royal Dutch Shell's second-quarter shocker. "An unsurprisingly indecisive session in Europe has seen the likes of the FTSE l
Read moreRolls-Royce underlying first-half profits down 76%
28th Jul 2016 07:46
(ShareCast News) - Underlying pre-tax profits at Rolls-Royce fell 76% to £104m in the first half as underlying revenues came in at a better-than-expected £6.14bn, a decline of 5%. Rolls said pre-tax losses came in at £2.15bn from a £310m profit last year largely as a result of a revaluation of its U
Read moreTuesday newspaper round-up: ARM, Trident, North Sea strike, Ofwat
19th Jul 2016 07:01
(ShareCast News) - One of the country's best-known entrepreneurs has raised fears that Britain's largest technology company will be milked for its cash after it is sold to SoftBank, of Japan, for £24.3 billion. Hermann Hauser, founder of Acorn Computers, the parent of Arm Holdings, has declared that
Read moreSunday newspaper roundup: Lloyds, UK trade deals, BAE, SABMiller, Lonmin, Uber
17th Jul 2016 12:43
(ShareCast News) - The new government could accelerate the re-privatisation of Lloyds Banking Group and scrap George Osborne's plan for a sale to retail investors, senior financiers believe. While Mr Osborne wanted to make a profit on every share in the bank, only selling when the price stood at abo
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