Wednesday broker round-up

21st Oct 2015 10:44

(ShareCast News) - Genel Energy: JP Morgan Cazenove reiterates to overweight. Target price: 610.00p. UBS downgrades to neutral, reduces target price to 400.00p. Sse: Jefferies starts new coverage with a hold, sets target price at 1600.00p. Smiths Group: Citigroup upgrades to buy, raises target pric

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Shoe Zone interim profits hurt by unseasonal weather conditions

10th Jun 2015 08:22

Footwear retailer Shoe Zone said it remains confident of the future, but its half-year results were hurt by warm weather conditions during autumn/winter trading and the closure of loss-making stores. Revenues in the first six months ended 4 April 2015 fell 5.7% to £78.2m and pre-tax profits decreas

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Shoe Zone posts H1 profit warning due to unseasonable weather, shares decline 28%

21st Apr 2015 11:52

Shares in Shoe Zone plunged by 28% after warning its half-year revenues and profits will be below market expectations due to the unseasonable weather seen on autumn and winter trading period. The footwear retailer said that despite sales volumes have increased, the average price was down due to cust

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