Wednesday broker round-up
17th Aug 2016 21:35
(ShareCast News) - Polypipe: Berenberg maintains buy with a 360p target. Vodafone: Jefferies reiterates buy with a 260p target. Standard Chartered: HSBC downgrades to hold with a 650p target. Prudential: Goldman Sachs keeps at buy with a target price of 1750p. WPP: Berenberg reiterates hold with
Read moreWednesday newspaper share tips: Regus, Standard Life
10th Aug 2016 12:41
(ShareCast News) - Regus appears to be on to something with its flexible business model and markets have caught on, the Financial Times´s Lex column said. Its stock was trading near its 2016 high on a price-to-earnings multiple of close to 25. The real estate firm not only owns its properties,
Read moreStandard Life operating profit jumps 18% in first half
9th Aug 2016 07:46
(ShareCast News) - Standard Life posted an 18% increase in operating profit before tax for the first half thanks to diversification, as its assets under management grew. Operating profit before tax rose to £341m, with assets under management up 7% to £328bn, helped by gross inflows into its growth c
Read moreTuesday preview: Standard Life reports first half interims
8th Aug 2016 13:30
(ShareCast News) - Investment giant Standard Life reports its first half interims on Tuesday with analysts pencilling in flat operating profit. UBS expects operating profit of £294m, up 1% compared to the same period a year ago, driven by the Standard Life Investments business. The bank said invest
Read moreSunday share tips: Gulf Keystone Petroleum, Marks & Spencer, Lloyds Banking
17th Jul 2016 12:22
(ShareCast News) - Gulf Keystone Petroleum shares could be worth buying, said the Sunday Times' Inside the City column, if shareholders vote to accept a debt restructuring deal that will leave them just 14% of the embattled oil producer. Shares in the Kurdistan-focused company last week dipped below
Read moreAberdeen UK property fund set to reopen on Monday
11th Jul 2016 09:41
(ShareCast News) - Aberdeen Asset Management expected to reopen its £3.2bn UK property fund on Monday after outflows slowed and some investors opted not to sell, company chief Martin Gilbert said. In an interview with Bloomberg TV Gilbert said "Our intention is to open today as long as investors hav
Read moreThree more property funds titans freeze redemptions
6th Jul 2016 16:31
(ShareCast News) - Henderson Global Investors, Canada Life and Columbia Threadneedle have joined the queue of property funds suspending trading amid acute Brexit fears, lining up behind Aviva, M&G and Standard Life. "Over half of the property fund sector is now on ice, and will remain so until manag
Read moreStandard Life suspends trading of property fund after Brexit
5th Jul 2016 09:12
(ShareCast News) - Standard Life Investments has suspended trading in its UK property fund after uncertainty surrounding markets in Britain after the country voted to leave the European Union last month. UK vote to leave EU led to volatile markets and international companies looking elsewhereThe sus
Read moreWednesday broker round-up
29th Jun 2016 18:09
(ShareCast News) - Petrofac: Jefferies upgrades to buy with a target price of 835p and Societe Generale stays at buy with a target price of 921p. Thomas Cook: JP Morgan keeps at neutral with a 101p target. Standard Life: HSBC keeps at buy with a target price of 360p and Barclays reiterates equal-we
Read moreHDFC Standard Life looking at merger with Max Life, Max Fin Services
17th Jun 2016 08:04
(ShareCast News) - Standard Life said its 35%-owned HDFC Standard Life Insurance was in talks with Max Financial Services to look at a possible merger of their insurance units. HDFC is India's largest mortgage lender. Max Financial Services runs Max Life.
Read moreFinancials, insurers pace drops
13th Jun 2016 11:51
(ShareCast News) - The latest Brexit poll results sent traders scurrying for cover as they revealed another small lurch towards the UK leaving the European Union on 23 June. Although most analysts appeared wary of trusting the results of polls, especially those of the on-line variety, on Monday book
Read moreInsurers and banks lead falls
10th Jun 2016 21:12
(ShareCast News) - A renewed move lower in government bond yields across the globe weighed on financials, especially UK-listed life insurers, which some analysts believed were the most exposed sector of UK equity market to falling market interest rates in the US. The yield on the benchmark 10-year U
Read moreThursday newspaper share tips: Vertu Motors, Old Mutual
2nd Jun 2016 13:33
(ShareCast News) - Car dealer Vertu Motors has had a "Buy" opinion placed on it by the Telegraph's Questor column, which cites likely improvements to next year's results and broker upgrades after news of a recent deal. The Gateshead-based outfit said on Wednesday that it had nabbed five car deale
Read moreFriday broker round-up
27th May 2016 16:29
(ShareCast News) - B&M European Value: Retail Jefferies reiterates buy with a 330p target and Citigroup keeps at buy with a target of 345p. Standard Life: Jefferies stays at buy with a 403p target. United Utilities: JP Morgan reiterates overweight with a target price of 1020p and Exane BNP Paribas
Read moreFinancials lead gains as interest rate curves steepen, pound pops higher
18th May 2016 19:36
(ShareCast News) - Financials led gains in London, over on the Continent and across the Pond too, as interest rate futures continued to progressively - albeit only modestly - price-in a higher probability of a US central bank rate hike in the very near-term, perhaps as soon as the next month. As of
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