Sector movers: Market chatter stocks gains in Wood Group, Paper Packaging
22nd Aug 2018 13:25
(Sharecast News) - Cyclicals are pacing gains on a quiet day of summer trading on Wednesday, with analyst chatter dictating market moves, with what traders are left about in the City for the most part opting to sit on their hands ahead of tomorrow's expected conclusion, for now, of two days of trade talks between China and the US, even as they mull over the potential implications of the political storm unfolding over Capitol Hill.
Read moreDS Smith announces results of three-for-11 rights issue
25th Jul 2018 08:14
(Sharecast News) - DS Smith announced on Wednesday that the three-for-11 rights issue of 293,068,454 new ordinary shares, at 350p each as announced on 19 June, closed for acceptances at 1100 BST on 24 July.
Read moreThursday broker round-up
19th Jan 2017 16:45
(ShareCast News) - G4S: Barclays upgrades to equal-weight with a target price of 260p. Weir: Credit Suisse reiterates outperform, 2200p target. Coca Cola HBC: Goldman Sachs upgrades to buy with a 2120p target. Diageo: HSBC reiterates buy with a 2600p target. Aveva: Goldman Sachs reiterates sell w
Read moreDS Smith packs in earnings growth amid forex headwinds
8th Dec 2016 08:03
(ShareCast News) - Packaging specialist DS Smith posted its half-year results to 31 October on Thursday, with an adjusted operating profit up 23% - or 9% at constant currency - to £226m. The FTSE 250 firm said that was off the back of revenue growth of 21% to £2.36bn. Profit before tax was up a who
Read moreDS Smith H1 trading in line with expectations
27th Oct 2016 08:34
(ShareCast News) - DS Smith said on Thursday that trading in the half-year to the end of October has been in line with its expectations. The FTSE 250 supplier of recycled packaging for consumer goods said volume growth continues to be supported by strong ongoing growth with its large pan-European cu
Read moreBroker tips: easyJet, DS Smith, Hays
7th Oct 2016 10:48
(ShareCast News) - Bank of America Merrill Lynch downgraded low-cost carrier easyJet to 'neutral' from 'buy' and cut the price target to 1,050p from 1,300p given the increasing lack of visibility on pricing. Merrill reckoned the shares have limited upside potential until there is capacity constraint
Read moreBarclays starts DS Smith at 'overweight'
7th Oct 2016 07:57
(ShareCast News) - Barclays initiated coverage of corrugated packaging manufacturer DS Smith at 'overweight' with a 465p price target. The bank said its investment case is based on expectations that DS Smith will continue to gain market share in a very fragmented market. It also pointed to the compa
Read moreTuesday broker round-up
27th Sep 2016 13:05
(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo
Read moreDS Smith says trading in line
6th Sep 2016 07:43
(ShareCast News) - FTSE 250 recycled packaging supplier DS Smith said on Tuesday that its performance since the start of the year has been in line with its expectations. In a trading statement for the period since 1 May ahead of its annual general meeting, the company said volume growth remains good
Read moreFriday broker round-up
2nd Sep 2016 19:04
(ShareCast News) - Pearson: JP Morgan reiterates neutral with a target price of 940p. Vodafone: UBS maintains buy with a 310p target. Glaxosmithkline: UBS keeps at neutral with a 1650p target. GKN: Canaccord reiterates buy with a 370p target. Legal & General: Macquarie keeps at neutral with a tar
Read moreThursday broker round-up
18th Aug 2016 09:43
(ShareCast News) - Admiral Group: RBC reiterates underperform with a target price of 1600p. Laird: Berenberg maintains sell with a 230p target. BGEO Group: UBS reiterates neutral with a 2960p target. ICAP: Exane BNP Paribas upgrades to outperform with a 510p target. Poundland: Credit Suisse keeps
Read moreConstruction, bank stocks lead gains on low trading volumes
24th Jun 2016 00:20
(ShareCast News) - Construction, real estate and bank stocks led the Footsie higher as markets continued to price-in the possibility of the UK finally choosing to 'Remain' in the European Union, albeit on thin trading volumes, although most analysts were far more cautious about putting their necks o
Read moreDS Smith full-year revenue up, boosted by acquisitions
23rd Jun 2016 07:50
(ShareCast News) - FSTE 250 packaging company DS Smith reported a small jump in full-year profit as revenue grew, partly thanks to acquisitions. In the 12 months to 30 April, pre-tax profit rose 1% to £201m, or 3% at constant currency, on revenue of £4.06bn, up 6%. Chief executive Miles Roberts sai
Read moreDS Smith expects to meet full-year forecasts
27th Apr 2016 08:48
(ShareCast News) - Recycled packaging supplier DS Smith updated the market ahead of its year-end on Wednesday, reassuring investors that group performance remains in line with expectations. The FTSE 250 firm said its trends have continued, with good volume growth across the business, and returns on
Read moreDS Smith expresses confidence as second half going well
9th Mar 2016 08:01
(ShareCast News) - DS Smith expressed confidence over its performance for the remainder of the year as it reiterated its medium-term financial targets. In a trading update for the four months since 1 November, the company, which supplies recycled packaging for consumer goods, said volumes and financ
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