Friday broker round-up
28th Sep 2018 11:28
(Sharecast News) - Huntsworth: Berenberg reiterates buy with a target price of 150p.
Read moreSerco surges as trading improves
28th Sep 2018 09:31
(Sharecast News) - Public sector outsourcing specialist Serco surged on Friday as it made an unscheduled announcement confirming that trading is set to be stronger than previous guidance for revenues, profitability and cash flow with net debt set to end the year at a lower level too.
Read moreSerco extends contract with Australian Defence Force
24th Aug 2018 13:13
(Sharecast News) - Serco has signed a contract with Australia's defence forces that will see the company continue to provide Middle East logistics and base support services.
Read moreThursday broker round-up
2nd Aug 2018 12:58
(Sharecast News) - SSE: Berenberg reiterates buy with a target price of 1,500p.
Read moreHammond wants more public sector spending cuts
1st Aug 2018 11:38
(Sharecast News) - The chancellor has told government departments to prepare for further spending cuts before next year's spending review, putting him at odds with cabinet members who want to ease austerity.
Read moreSerco reiterates 2017 outlook, wins contract with Barts Health NHS
1st Dec 2016 07:46
(ShareCast News) - FTSE 250 service company Serco reiterated its outlook for next year as it said it should move into the 'growth' phase of its transformation plan in 2018 and announced a £600m contract with Barts Health NHS Trust for the provision of soft facilities management services. Serco expec
Read moreFTSE 250 movers: Opec outperformers offset housing and outsourcing slips
29th Sep 2016 14:59
(ShareCast News) - Oil-related stocks led the FTSE 250 higher on Thursday after Opec's surprise overnight deal, though an initial spike tailed off towards the close. Producer Tullow Oil, which is seen as quite crude-price sensitive, led the leaderboard, while oil investor Riverstone Energy was not f
Read moreSerco the preferred bidder for Barts Health Trust's procurement service
22nd Sep 2016 12:29
(ShareCast News) - FTSE 250 public service provider Serco is the preferred bidder for an east London hospital's procurement services, which has an estimated value of up to £600m over 10 years. There is a mandatory standstill period following the Barts Health NHS Trust's decision to appoint Serco the
Read moreTuesday share tips: IMI, Serco
5th Aug 2016 13:03
(ShareCast News) - IMI stands to prosper when recovery returns - following efforts by the company over the past few years - but that prospect now looks more distant, the Financial Times´s Lex column said. The industrial flow control specialist´s first half numbers suggested chief Mark Selway´s ob
Read moreSerco surges as it swings to H1 profit, lifts guidance
4th Aug 2016 08:22
(ShareCast News) - FTSE 250 outsourcing group Serco said it swung to a profit in the first half as it lifted its guidance for the year. For the six months to the end of June, the company swung to a pre-tax profit of £58.1m from a loss of £16m in the same period last year, even though revenue dropped
Read moreSector movers: Support services firms get boost from UBS
15th Jul 2016 17:37
(ShareCast News) - The Footsie closed higher for a fourth consecutive week for a cumulative 5% gain since the EU referendum vote, albeit wih defensive issues pacing gains in the form of advances for tobacco and pharmaceuticals. "More defensive sectors have led the way, showing that safety and yield
Read moreTrains companies will face fines for delays of even one minute
21st Jun 2016 10:46
(ShareCast News) - Train companies will be fined if their services run even one minute later than scheduled in a government effort to restore confidence in the rail network, according to reports on Tuesday. Future rail franchises will include rules that will impose penalties or dock funding from ope
Read moreDirectors dealings: Serco boss picks up stock after poor run for share price
2nd Jun 2016 17:38
(ShareCast News) - Rupert Soames, Serco´s boss, picked up a large amount of shares in the company he captains. The outsourcing group´s share price had risen against a falling market year-to-date, following a very poor performance over the past three years. On 25 May, the company said it expected un
Read moreFriday broker round-up
27th May 2016 16:29
(ShareCast News) - B&M European Value: Retail Jefferies reiterates buy with a 330p target and Citigroup keeps at buy with a target of 345p. Standard Life: Jefferies stays at buy with a 403p target. United Utilities: JP Morgan reiterates overweight with a target price of 1020p and Exane BNP Paribas
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
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