WH Smith profits to be slightly ahead of target
25th Jan 2017 07:45
(ShareCast News) - As WH Smith embarks on an uncertain 225th year, the stationer expressed confidence about 2017 as sales have grown and it expects profit to be "slightly" ahead of expectations thanks mainly to its outlets in stations and airports. For the 21 weeks ended 21 January, like-for-like sa
Read moreWednesday preview: WH Smith unfolds trading update
24th Jan 2017 13:08
(ShareCast News) - UK stationary and newsagent retailer WH Smith reports a trading update on Wednesday, covering the first 20 weeks of fiscal year 2017. At the full year results in October 2016, WH Smith reported group revenue rose 1% on a like-for-like basis, as a 4% increase in sales at its Travel
Read moreThursday broker round-up
27th Oct 2016 12:29
(ShareCast News) - Debenhams: JP Morgan keeps at underweight with a target price of 54p. AA: Berenberg stays at buy, 315p target. National Express: RBC reiterates outperform with a 405p target. LLoyds: UBS reiterates buy with a 67p target. GlaxoSmithKline: Credit Suisse reiterates neutral with a
Read moreFriday broker round-up
14th Oct 2016 09:46
(ShareCast News) - Acacia: Jefferies keeps at buy with a target price of 610p. Tesco: HSBC reiterates hold, 195p target. Weir: UBS downgrades to neutral with a 1830p target. Sky: HSBC reiterates hold with a 820p target. Playtech: UBS keeps at buy with a 1060p target. Jupiter: JP Morgan keeps at
Read moreFocus on profits pays of for WH Smith
13th Oct 2016 07:53
(ShareCast News) - Book, stationery and news retailer WH Smith posted its preliminary results for the year to 31 August on Thursday, with group profit before tax up 8% to £131m and diluted earnings per share 10% higher at 93.9p. The FTSE 250 company said its travel trading division turned a profit o
Read moreThursday preview: WH Smith to report full year profit growth
12th Oct 2016 13:05
(ShareCast News) - WH Smith reports its full year results on Thursday, with analysts expecting solid profit growth. In a pre-close trading update in August, the company said its travel business continued to "perform strongly" with "good sales" across its channels. The new store opening programme in
Read moreWH Smith sees 2016 results in line
24th Aug 2016 07:59
(ShareCast News) - WH Smith said on Wednesday that results for the year to the end of August are likely to be in line with expectations following a strong performance from the travel business. In a pre-close trading update, the group said its new store opening programme in the UK and internationally
Read moreThursday broker round-up
9th Jun 2016 16:34
(ShareCast News) - Fevertree Drinks: Berenberg upgrades to buy with a target price of 810p. AO World: JP Morgan keeps at neutral with a 200p target. WH Smith: JP Morgan stays at overweight with a target price of 1850p. Lancashire Holdings: UBS keeps at neutral with a target of 610p. Admiral Group
Read moreWednesday broker round-up
8th Jun 2016 13:18
(ShareCast News) - Hochschild Mining: UBS downgrades to neutral with a target price of 160p. Esure Group: JP Morgan keeps at overweight with a 330p target. Royal Dutch Shell: RBC reiterates outperform with a target price of 2000p and JP Morgan stays atneutral with a target price of 1630p. National
Read moreBroker tips: Shell, William Hill, WH Smith
8th Jun 2016 13:10
(ShareCast News) - Royal Dutch Shell shares gained on Wednesday after RBC Capital Markets lifted its target price on the stock to 2,000p from 1,9000 and reiterated an 'outperform' rating. The oil producer on Tuesday announced plans for more asset sales and cost-cutting over the next few years amid l
Read moreCannacord keeps WH Smith at 'hold' despite prodigious cash generation
8th Jun 2016 11:11
(ShareCast News) - Canaccord Genuity stuck to its 'hold' recommendation and 1,695p target price on WH Smith despite what it described as a "solid" third quarter trading update from the speciality retailer. WH Smith´s sales rose by 2% during the third quarter of its fiscal year, alongside flat like-f
Read moreWH Smith travel sales up, High Street like-for-like down 3%
8th Jun 2016 07:33
(ShareCast News) - WH Smith said like-for-like sales in the 14 weeks to 4 June 2016 were flat with total group sales up 2%, and added that it was confident in the outcome for the full year. Travel business total sales were up 9% and like-for-like sales up 3%, in line with expectations. High Street
Read moreWednesday broker round-up
27th Apr 2016 15:32
(ShareCast News) - BP: Barclays reiterates overweight with a 550p target, Credit Suisse keeps at underperform with a target of 330p, Cannacord stays at buy with a 420p target and Exane BNP Paribas reiterates neutral with a target of 350p. Cambian Group: Canaccord downgrades to hold with a 91p target
Read moreThursday newspaper share tips: Tesco, WH Smith
14th Apr 2016 13:06
(ShareCast News) - Management at Tesco is optimistic and it may be right, the Financial Times's Lex column said. Sales are unlikely to grow, after all the rate of improvement is limited by that of the rest of the economy and the UK has too many supermarkets to boot. Its international footprint is a
Read moreWednesday broker round-up
13th Apr 2016 15:24
(ShareCast News) - DCC: Exane BNP Paribas downgrades to neutral with a target price of 6200p. Cobham: Barclays upgrades to overweight with a target price of 255p. Bunzl: Exane BNP Paribas upgrades to outperform with a target price of 2275p. Asos: JP Morgan keeps at overweight with a target of 4000
Read more