JP Morgan ups WH Smith target but cuts to 'neutral'

24th Mar 2021 11:03

(Sharecast News) - JP Morgan increased its price target for WH Smith but cut its rating to 'neutral' after the shares strong performance so far in 2021.

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WH Smith cuts cash burn forecasts after brighter start to year

9th Mar 2021 08:31

(Sharecast News) - WH Smith cut its cash burn forecasts after better-than-expected trading in the first two months of 2021 despite the national lockdown imposed on January 4.

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RBC Capital downgrades WH Smith after vaccine-fuelled rally

17th Nov 2020 10:32

(Sharecast News) - RBC Capital Markets downgraded WH Smith on Tuesday to 'sector perform' from 'outperform' as it said the valuation was up with events.

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WH Smith swings to £280m loss but sees recovery in US

12th Nov 2020 07:32

(Sharecast News) - WH Smith said its US business was showing signs of recovery as it swung to a £280m full year loss due the impact of coronavirus restrictions on its outlets at airports and train stations.

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Wednesday broker round-up

26th Aug 2020 13:16

(Sharecast News) - Inchcape: JP Morgan upgrades to overweight with a target price of 595p.

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Goldman Sachs starts WHSmith at 'buy'

26th Aug 2020 08:08

(Sharecast News) - Goldman Sachs initiated coverage of WHSmith at 'buy' with a 1,500 price target as it said the stock offers industry-leading returns at a discount.

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Sunday newspaper round-up: NatWest, Rolls Royce, Coronavirus

9th Aug 2020 18:24

(Sharecast News) - NatWest is to push out several top bankers as part of a dramatic overhaul of its investment bank, as new boss Alison Rose attempts to cut ties with its past. The lender formerly known as Royal Bank of Scotland, 62%-owned by taxpayers, is expected to tell staff this week that at least three of its most senior investment bankers will stand down. - Sunday Times

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WHSmith to cut up to 1,500 jobs as pandemic dents sales

5th Aug 2020 09:48

(Sharecast News) - Retailer WHSmith said on Wednesday that it could cut as many as 1,500 jobs as it restructures its UK operations after the coronavirus pandemic dented sales.

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Thursday broker round-up

25th Jun 2020 14:05

(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.

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Tuesday broker round-up

19th May 2020 08:26

(Sharecast News) - Greencore: Peel Hunt downgrades to hold with a target price of 170p.

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Wednesday broker round-up

15th Apr 2020 13:36

(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.

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WH Smith outlines plans for equity raise

6th Apr 2020 17:46

(Sharecast News) - WH Smith announced its intention to place shares among institutional investors, in turn potentially clearing the way for new financing arrangements on improved terms.

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WH Smith confirms equity raise

6th Apr 2020 07:37

(Sharecast News) - WH Smith said on Monday that it has secured new lending facilities of ?120m that are conditional on raising new equity.

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Government may force shops to close - reports

23rd Mar 2020 14:11

(Sharecast News) - The UK is considering closing down non-essential retailers to reduce the spread of Covid-19, according to reports.

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Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

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