Saga shares sink as JPMorgan warns of margin pressure
8th Mar 2019 14:32
(Sharecast News) - Shares in over-50s specialist Saga sank on Friday as JPMorgan Cazenove cut its stance on the stock to 'underweight' from 'neutral' and reduced the price target to 120p from 140p, arguing that competitive markets are adding to margin pressure and highlighting a weak balance sheet.
Read moreThursday broker round-up
17th Jan 2019 13:13
(Sharecast News) - Intercontinental Hotels Group: Berenberg upgrades to buy with a target price of 4,850p.
Read moreWednesday broker round-up
16th Jan 2019 13:07
(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.
Read moreSaga trading in line in 'challenging' market
16th Jan 2019 07:55
(Sharecast News) - Saga, which provides products and services for people aged 50 and over, said on Wednesday that trading has continued to be in line with its expectations, with a good performance from the travel business.
Read moreTuesday broker round-up
2nd Oct 2018 13:19
(Sharecast News) - Hargreaves Lansdown: Numis downgrades to hold with a target price of 2,102p.
Read moreThursday broker round-up
27th Sep 2018 12:14
(Sharecast News) - Thomas Cook Group: UBS upgrades to neutral with a target price of 60p.
Read moreSaga profits fade less than feared as customer numbers rise
27th Sep 2018 09:17
(Sharecast News) - Profits wilted a little at Saga in the first half of the year as the over-50s services provider kept up investment in new customer acquisition and its insurance business was crimped by the competitive market.
Read moreFriday broker round-up
21st Sep 2018 12:12
(Sharecast News) - Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.
Read moreSaga appoints insurance veteran James Quin as CFO
20th Sep 2018 08:08
(Sharecast News) - Saga, which specialises in products and services for the over-50s, has appointed insurance veteran James Quin as group chief financial officer with effect from 1 January 2019.
Read moreSaga CFO to depart on 28 September
8th Aug 2018 08:26
(Sharecast News) - Over-50s service provider Saga confirmed further details on the departure of its group chief financial officer on Wednesday, saying he would be vacating that position and stepping down from the board on 28 September.
Read moreSaga on track to meet full-year expectations
11th Jan 2017 08:41
(ShareCast News) - Specialist in products and services for life after 50, Saga, provided an update on its trading over the period from 1 August to 10 January on Wednesday. The FTSE 250 firm said it continued to trade strongly in the second half of the year, and was on course to meet its expectations
Read moreSaga confidently hikes dividend as travel business remains robust
21st Sep 2016 07:07
(ShareCast News) - Although first-half sales declined and the dividend was short of expectations, Saga beat analyst's profits forecasts and was confident the business is on track to meet its full year targets. Revenue in the six months ended 31 July fell by 8.6% to £437.2m, with trading profits flat
Read moreLondon close: Market fixated on looming referendum
21st Jun 2016 16:56
(ShareCast News) - Stocks ended higher for a second day, with banks and insurers clocking in with the biggest gains as traders waited for Thursday's referendum. The Footsie finished the day up by 0.73% or 45.24 points to 6,249.24. The pound on the other hand was knocked lower from its intra-day hig
Read moreLondon open: Stocks edge lower ahead of Yellen speech
21st Jun 2016 08:14
(ShareCast News) - London stocks began the session trading slightly lower following a surge on the previous day, ahead of a key speech from US central bank chair Janet Yellen scheduled for later in the session, with the pound trading at its early May highs. As of 08:10 BST the FTSE 100 was trading l
Read moreSaga trading in line; on track to achieve FY targets
21st Jun 2016 07:16
(ShareCast News) - Saga said it was on track to achieve its targets for the year ending 31 January 2017 and continues to make good progress against its strategic priorities. Ahead of the annual general meeting at its headquarters in Folkestone later, the group, which provides products and services f
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