Exane BNP downgrades Schroders to 'neutral'
8th Apr 2016 10:03
(ShareCast News) - Exane BNP Paribas downgraded Schroders to 'neutral' from 'outperform' and cut the price target 10% to 2,700p as it took a look at asset managers. While it remains positive on the long-term investment case for Schroders, Exane said its weak flow and fund performance momentum, lack
Read moreBroker tips: Domino's Pizza, BBA Aviation, Schroders
4th Mar 2016 12:15
(ShareCast News) - Credit Suisse reaffirmed its 'outperform' recommendation on Domino's Pizza and boosted its target price for the shares, while pointing to scope for further upside to the company's earnings per share. The Swiss broker highlighted the company's decision to re-introduce stock buyback
Read moreCitigroup downgrades Schroders as it forecasts drop in 2016 EPS
4th Mar 2016 09:57
(ShareCast News) - Shares in asset manager Schroders slumped on Friday as Citigroup downgraded the stock to 'neutral' from 'buy'. The bank continues to like Schroders' diversified assets under management mix, growth potential and ability to cope with regulatory hurdles. However, on a 12-month view,
Read moreFriday newspaper round-up: Pensions, BHS, SSI, Schroders
4th Mar 2016 07:12
(ShareCast News) - George Osborne is facing mounting pressure from within government to rule out radical changes to pensions tax relief, with the pensions minister Ros Altmann cautioning against a major overhaul of the system. With a final decision imminent on the future shape of pensions tax relief
Read moreSchroders books solid earnings growth, names new CEO
3rd Mar 2016 07:18
(ShareCast News) - Schroders reported some strong profit rises in the 2015 calendar year on Thursday, and named Peter Harrison as its new chief executive officer. The asset manager said profit before tax and exceptional items rose 8% to £609.7m, from £565.2m, while profit before tax jumped 14% t
Read moreUBS adds Schroders to 'Key Calls' list
25th Feb 2016 11:39
(ShareCast News) - UBS added Schroders, which it rates at 'buy' with a 2,800p price target, to its 'Key Calls' list despite the headwinds facing UK asset managers, as the stock is currently undervalued. "We expect the firm to benefit from its well-diversified product mix, as well as its strong distr
Read moreBroker tips: Schroders, Asos, BHP Billiton
21st Jan 2016 16:21
(ShareCast News) - Schroders current share price offers an attractive entry point for investors, having dropped said RBC Capital Markets as it upgraded the asset manager to 'outperform'. Setting a price target of 3,100p that offers more than 25% upside, RBC said Schroders had the strongest balance s
Read moreRBS upgrades Schroders on diversification appeal and non-voting discount
21st Jan 2016 15:10
(ShareCast News) - Schroders current share price offers an attractive entry point for investors, having dropped said RBC Capital Markets as it upgraded the asset manager to 'outperform'. Setting a price target of 3,100p that offers more than 25% upside, RBC said Schroders had the strongest balance s
Read moreEquity investors going into 2016 with very little faith, says Barclays
10th Dec 2015 11:52
(ShareCast News) - European investors are going into next year with very little faith in the future, Barclays said in strategy note. The bank expects earnings per share growth of 12% in Continental Europe and 8% in the UK. Barclays said that while European equities feel like a consensus 'long', ove
Read moreBarclays downgrades Schroders, bumps up Jupiter
11th Nov 2015 15:07
(ShareCast News) - Barclays downgraded Schroders to 'equalweight' from 'overweight' and cut the price target to 3,140p from 3,450p as it took a look at European diversified financials. It said Schroders modestly disappointed on its third quarter flows and assets under management update with its mark
Read moreWednesday broker round-up
11th Nov 2015 11:19
(ShareCast News) - Auto Trader Group: Goldman Sachs downgrades to neutral. Target price: 415.00p. Fidessa Group: Finncap downgrades to sell, cuts target price to 1750.00p. Jupiter Fund Management: Barclays upgrades to overweight, lifts target price to 520.00p. Dcc: Exane BNP Paribas downgrades to
Read moreLondon open: Investors anxious ahead of MPC's 'Super Thursday'
5th Nov 2015 08:30
(ShareCast News) - Investors in UK shares were anxious ahead of Thursday's meeting of the Monetary Policy Committee after remarks by US Federal Reserve chairwoman Janet Yellen on the previous day led traders to push up the odds of a December rate hike across the Pond. As of 0945 GMT the FTSE 100 was
Read moreSchroders reports smaller than expected dip in AuM
5th Nov 2015 07:40
(ShareCast News) - Schroders saw profitability jump in the nine months to September 2015 alongside a sharp rise in net inflows at its Asset Management, with assets under management holding up better than expected in the third quarter. Total inflows rose by £8.3bn in the first nine months of the ye
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreFTSE 100 movers: Financials on a flier as risk-on returns
8th Sep 2015 14:03
(ShareCast News) - The FTSE 100 index built on a strong start on Tuesday, rising 1.5% to 6,162.86 points by mid-afternoon with the financial sector leading the charge. Pensions and investment company Hargreaves Lansdown, which is due to publish results on Wednesday, and Aberdeen Asset Management tus
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