Broker tips: Sophos Group, IAG, Next, M&S
24th Jun 2016 15:21
(ShareCast News) - Numis sounded an optimistic note on Sophos Group ahead of the company's Capital Markets Day, pointing to the firm's strong products, a substantial market opportunity and the attractive cash flow yield on offer to back up its arguments. Against that backdrop, it believed the IT sec
Read moreNumis sees possible share price catalyst on the horizon for Sophos Group
24th Jun 2016 15:11
(ShareCast News) - Numis sounded an optimistic note on Sophos Group ahead of the company's Capital Markets Day, pointing to the firm's strong products, a substantial market opportunity and the attractive cash flow yield on offer to back up its arguments. Against that backdrop, it believed the IT sec
Read moreThursday broker round-up
23rd Jun 2016 13:11
(ShareCast News) - Ascential: Goldman Sachs reiterates buy with a target price of 278p. Sophos: UBS keeps at buy with a 300p target. SSP Group: JP Morgan keeps at overweight with a target price of 335p. Vodafone: HSBC upgrades to buy with a target of 175p. Bae Systems: Berenberg downgrades to hol
Read moreFTSE 250 movers: Phoenix Group firms on AXA Wealth deal
27th May 2016 15:30
(ShareCast News) - FTSE 250 was marginally firmer in late afternoon trade as UK traders wound down ahead of a long weekend, with few of today's in-the-news mid-cap stocks figuring among that index's top-10 risers. Shares in Phoenix Group Holdings were ahead as it agreed with AXA UK to buy AXA Wealth
Read moreSophos full-year billings up 20%
26th May 2016 09:11
(ShareCast News) - FTSE 250 cyber security firm Sophos Group reported solid sales growth on Thursday in its first results as a public company. For the year to the end of March, like-for-like billings grew 19.7% year-over-year to $534.9m, with strong billings growth across all regions and products
Read moreFTSE 250 movers: Kaz and Vesuvius lead midcaps lower
7th Apr 2016 14:21
(ShareCast News) - By mid-afternoon on Thursday, the FTSE 250 was down 0.41%, amplifying the falls of its blue chip brother as weakening oil and copper prices undermined earlier index gains. The biggest faller in the mid cap index was Kaz Minerals as it was downgraded among a wider JP Morgan Cazenov
Read moreWednesday newspaper share tips: Avoid Sophos and Tui AG
10th Feb 2016 11:19
(ShareCast News) - Sophos Group was under the microscope in The Telegraph's Questor on Wednesday. The cloud-enabled security provider reported a strong third quarter on Tuesday, with growth continuing through a major acquisition in the three months to 31 December 2015, though a strong dollar deplete
Read moreFTSE 250 movers: Redrow falls despite rise in profits
9th Feb 2016 14:47
(ShareCast News) - The FTSE 250 continued to slide on Tuesday, with the second tier market down 140.79 points (0.91%) to 15,357.20 by mid-afternoon. Redrow was near the top of the fallers list despite posting a rise in first half pre-tax profit as revenue and completions grew. In the six months to
Read moreSophos grows in third quarter, but hurt by strong dollar
9th Feb 2016 09:03
(ShareCast News) - Cloud-enabled security provider Sophos reported a strong third quarter on Tuesday, with growth continuing through a major acquisition in the three months to 31 December 2015, though a strong dollar depleted some of its gains. The FTSE 250's third quarter like-for-like billings wer
Read moreSophos buys Netherlands-based SurfRight for USD31.8m
14th Dec 2015 14:31
(ShareCast News) - IT security company Sophos Group has acquired endpoint threat detection provider SurfRight for a cash consideration of $31.8m (£21m). Netherlands-based SurfRight has developed a portfolio of technologies that prevent, detect and remediate zero-day and sophisticated attacks by inte
Read moreFTSE 250 movers: Drax powers ahead but Sophos slumps on stake sale
1st Dec 2015 14:16
(ShareCast News) - London's FTSE 250 index was up 0.5% to 17,507.03 at 1435 GMT, tracking the broader market as investors cheered news that Britain's big banks had passed the Bank of England's stress tests. Shares in Drax powered ahead after the European Commission approved the UK government's suppo
Read moreSophos Group lifts growth outlook on strong interim trading
11th Nov 2015 09:22
(ShareCast News) - Security software and hardware developer Sophos Group has lifted its growth and margin outlook for the full year, after it traded ahead of expectations in the first half. In the six months to the end of September, the FTSE 250 group said its pre-tax loss widened from $17.9m (£11.8
Read moreFTSE 250 movers: Commodities cause market to slide
13th Oct 2015 14:15
(ShareCast News) - The FTSE 250 continued to slide on Tuesday, dropping 94.11 points (0.55%) mid-afternoon to 16,892.84 after much weaker than expected data on Chinese imports in September. Natural resource related companies were the biggest fallers of the day. Evraz led the pack on the back of gold
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