JPMorgan upgrades Synthomer to 'overweight'
26th Oct 2020 07:49
(Sharecast News) - JPMorgan Cazenove upgraded its stance on Synthomer on Monday to 'overweight' from 'neutral' and hiked the price target to 450p from 242p as it highlighted the company's exposure to the gloves market and potential benefit from the Covid-19 pandemic.
Read moreMonday broker round-up
19th Oct 2020 13:30
(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.
Read moreSynthomer lifts FY EBITDA guidance, reinstates interim dividend
14th Oct 2020 07:52
(Sharecast News) - Chemicals business Synthomer lifted its full-year earnings guidance on Wednesday and reinstated its dividend amid "strong" trading momentum in all three of its divisions.
Read moreSynthomer revenue down in first half, guidance reinstated
6th Aug 2020 08:48
(Sharecast News) - Synthomer reported a 4% fall in underlying revenue at constant currency in its first half on Thursday, to £733.7m, with volumes at the polymer producer rising 1.5%, as it reinstated its guidance and intention to pay a final dividend.
Read moreSynthomer prices €520m in senior notes
19th Jun 2020 07:35
(Sharecast News) - Synthomer has completed the pricing of €520m (£468.44m) in senior notes due 2025, it announced on Friday.
Read moreSynthomer to raise €520m to refinance borrowings
16th Jun 2020 11:01
(Sharecast News) - Synthomer announced its intention to raise €520m (£465m) of debt to refinance its borrowings as the chemicals company reported sales down by a fifth in April and May.
Read moreThursday broker round-up
30th Apr 2020 13:16
(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.
Read moreSynthomer withdraws FY guidance as Covid-19 weighs on performance
29th Apr 2020 08:45
(Sharecast News) - Chemicals business Synthomer withdrew full-year guidance on Wednesday adding that it was cutting capital expenditure and executive salaries in order to weather the Covid-19 storm.
Read moreSynthomer chair to stand down at end of 2020
30th Mar 2020 08:27
(Sharecast News) - Chemicals company Synthomer said on Monday that long-time chairman Neil Johnson will be standing down from the role at the end of the year.
Read moreSynthomer acquisition of Omnova cleared, board suspends divi
26th Mar 2020 15:20
(Sharecast News) - Synthomer announced on Thursday that the conditions attached to the European Commission's clearance decision over its acquisition of Omnova Solutions had been satisfied, and as such the deal was now expected to complete by 1 April.
Read moreSynthomer profits, revenue fall in 'challenging' markets
5th Mar 2020 10:05
(Sharecast News) - Annual profits and revenue fell at Synthomer in what it described as a "challenging" year for the global chemical industry.
Read moreCanaccord trims target for Synthomer as coronavirus hits demand
12th Feb 2020 13:48
(Sharecast News) - Analysts at Canaccord Genuity trimmed their target price for shares of Synthomer due to the expected hit from the Covid-2019 virus and after pushing back the expected completion date for the acquisition of Omnova from 1 January to 1 April.
Read moreWednesday broker round-up
12th Feb 2020 13:09
(Sharecast News) - Greencore Group: Berenberg upgrades to buy with a target price of 285p.
Read moreFTSE 250 movers: TBC Bank falls, Hochschild shines
20th Dec 2019 13:38
(Sharecast News) - London's FTSE 250 was roughly flat, edging 0.02% lower to 21,660.78 in afternoon trade on Friday as TBC Bank led the fallers.
Read moreFriday broker round-up
20th Dec 2019 12:28
(Sharecast News) - Segro: HSBC downgrades to hold with a target price of 869p.
Read more