WH 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 moreMore than 60 Post Offices to move into WH Smith
13th Apr 2016 10:27
(ShareCast News) - Up to 61 Post Office branches will be moved into WH Smith stores over the next 12 months, it was revealed on Wednesday. The state-owned company, separate from the publicly traded Royal Mail delivery operation, said the move was part of a decade-long agreement to relocate more coun
Read moreLondon pre-open: Stocks seen higher after China trade data
13th Apr 2016 07:32
(ShareCast News) - London stocks were set for a positive open on Wednesday, taking their cue from an upbeat session in Asia after encouraging Chinese trade data. The FTSE 100 was seen starting 33 points higher than Tuesday's close at 6,275. China's yuan-denominated exports rose 18.7% in March compa
Read moreWH Smith reports best high street performance 'in years'
13th Apr 2016 07:08
(ShareCast News) - WH Smith reported a jump in earnings on Wednesday, with profit across the FTSE 250 retailer improving in the six months to 29 February. Group profit before tax rose 11% to £80m, from £72m, while diluted earnings per share were up 13% to 57.4p, from 50.8p. Smith's profit in travel
Read moreFTSE 250 movers: JD Wetherspoon slumps on profit warning; WH Smith rallies
20th Jan 2016 14:18
(ShareCast News) - London's FTSE 250 index was down 2.3% to 15,741.87 at 1430 GMT, tracking the broader market as worries about Chinese growth and sliding oil prices kept investors on edge. JD Wetherspoon was the worst performer after the pub group said like-for-like sales improved in the first 12 w
Read moreBroker tips: JD Wetherspoon, WH Smith, Shawbrook
20th Jan 2016 13:07
(ShareCast News) - JD Wetherspoon was under pressure on Wednesday as Investec cut its target price to 760p from 800p after the pub operator guided full year profits lower. In a trading statement, chairman Tim Martin warned that full year profits "were likely to below the lower end of analysts' expec
Read morePeel Hunt adds WH Smith to 'buy' list after solid sales figures
20th Jan 2016 11:30
(ShareCast News) - Broker Peel Hunt has added WH Smith to the 'buy' list and also lifted its target price after the company reported positive sales figures on Wednesday Peel Hunt said its target price was now 1,800p from a previous 1,680p. "A very pleasant surprise from WH Smith. Like-for-like trad
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