Wednesday broker round-up
16th Jan 2019 13:07
(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.
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3rd Oct 2018 13:00
(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 254p.
Read moreWednesday broker round-up
8th Aug 2018 12:36
(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.
Read moreSecure Trust Bank sees profits rise as millionth customer signs up
8th Aug 2018 08:24
(Sharecast News) - Retail and commercial bank Secure Trust Bank (STB) on Wednesday reported increases to first half profits amid an expanding customer base and the repositioning of the firm's business model.
Read moreSecure Trust Bank takes a break from 'risky' personal loans
13th Jan 2017 12:12
(ShareCast News) - Secure Trust Bank issued a pre-close trading update on Friday, ahead of its annual results announcement 2016 calendar year, scheduled for 23 March. The company described it as a year of "excellent progress", ending with a "very busy and productive" final quarter. It said trading
Read moreBanks' mortgage approvals rebound from low, BBA data shows
26th Oct 2016 09:12
(ShareCast News) - Mortgage approvals from high street banks rebounded slightly in September, according to data from high street banks, after hitting a 19-month low in August. The British Bankers' Association (BBA) revealed mortgage approval numbers in September of 38,252, which was up from 37,241 i
Read moreSecure Trust Bank appoints Lord Forsyth as chairman
19th Oct 2016 12:38
(ShareCast News) - Lord Forsyth was appointed chairman of AIM-listed Secure Trust Bank after Sir Henry Angest stepped down on Wednesday after 35 years. Sir Henry, who will remain a non-executive director and chairman of the remuneration committee, was chairman as the retail bank evolved from a £9m p
Read moreTuesday newspaper share tips: Lloyds, Aldermore, Hunting
6th Sep 2016 13:25
(ShareCast News) - Lloyd's Banking Group will continue to struggle as downgrades from two brokers showed, sending its shares promptly lower, according to The Telegraph's Questor column. Things had been looking up for potential investors in the bank at the start of the year as the government prepa
Read moreArbuthnot Banking looks to reduce stake in Secure Trust Bank
27th May 2016 13:47
(ShareCast News) - Arbuthnot Banking Group intends to cut its stake in Secure Trust Bank to 20%, from 51.9%, by selling about 5.8m shares in the company at a discounted £25 each. The share sale, via a secondary placing to institutional investors, would generate gross proceeds of about £145m for Arbu
Read moreSunday newspaper round-up: Sainsbury-Home Retail, RBS, IHG, Ladbrokes
31st Jan 2016 16:24
(ShareCast News) - As Tuesday's takeover deadline approaches, Sainsbury's has made a bid of 150p per share for Argos owner Home Retail Group, which is shy of the 170p apparently being demanded. The Sunday Telegraph cited sources that suggested a middle-ground 160p bid would be enough to announce the
Read moreChallenger banks reportedly request extension to Funding for Lending scheme
11th Sep 2015 12:52
(ShareCast News) - Challenger banks have reportedly requested an extension to the government's flagship industry funding scheme during a meeting at which they expressed their anger over Chancellor George Osborne's plans for an 8% Corporate Tax surcharge on profits of more than £25m. According to Sky
Read moreThursday broker round-up
19th Mar 2015 15:59
Smiths Group: Charles Stanley downgrades to reduce while Nomura reiterates buy recommendation. Weir Group: Barclays reiterates equalweight and 1,700p target. Prudential: Barclays reiterates overweight and lifts target to 1,868p. Serco: Jefferies reiterates hold but trims target to 185p from 195p.
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreMonday broker round-up UPDATE
14th Oct 2013 08:46
Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.
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