FTSE 250 movers: Victrex falters, Telecom Plus dials higher
7th May 2019 14:30
(Sharecast News) - London's FTSE 250 index was down 1.14% at 19,481.51 in afternoon trade on Tuesday, with Victrex leading the way lower as markets fell back following an escalation in Sino-US trade tensions.
Read moreTelecom Plus shares fall after profit warning on price cap impact
17th Apr 2019 09:09
(Sharecast News) - Utility supplier Telecom Plus on Wednesday warned that full year profit would be lower-than-expected as the UK government's price cap hit results in the final quarter.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreTelecom Plus posts record profits as customer numbers grow
20th Nov 2018 10:01
(Sharecast News) - Revenues at Telecom Plus rose in the first half of the year, along with profits, as the company saw strong growth in customer and services account numbers.
Read moreFTSE 250 movers: Telecom Plus energised ahead of price cap
9th Oct 2018 14:39
(Sharecast News) - London's FTSE 250 was down 0.80% at 19,488.21 in afternoon trade on Tuesday.
Read moreTelecom Plus sells stake in energy business to Drax Group for £71m
10th Feb 2017 11:07
(ShareCast News) - FTSE 250 listed gas, electricity and broadband provider Telecom Plus has completed the sale of its 20% stake in Opus Energy Group to Drax Group, a electrical power generation firm, for about £71m. Following approval by the European Commision, Drax bought the stake in Opus Energy a
Read moreTelecom Plus sees return to faster organic growth as energy prices rise
22nd Nov 2016 09:18
(ShareCast News) - Interim revenues fell slightly at Telecom Plus, but profits were up as the utility company remains confident energy prices will rise to offset the decline. For the six months ended 30 September, revenue slipped 0.9% to £291.3m, compared to the same period last year, due to warmer
Read moreSector movers: Telecoms pace gains
17th Oct 2016 16:06
(ShareCast News) - So-called 'bond proxies' such as fixed-line telecommunications providers were among the best performing sectors at the start of the week even as yields on longer-dated Gilts were whipsawed about, with prices mostly recovering from the steep losses seen earlier in the day. As of 16
Read moreTelecom Plus not considering upping Opus Energy stake
18th Aug 2016 07:39
(ShareCast News) - Low-cost multi-utility supplier Telecom Plus said on Thursday that it was not currently considering upping its stake in Opus Energy Group. The statement was in response to recent media speculation regarding the possible sale of Opus Group, in which Telecom Plus holds a 20% stake.
Read moreTelecom plus upgraded to 'sector perform' from 'underperform' by RBC
1st Jul 2016 09:24
(ShareCast News) - Utility group Telecom plus was upgraded to 'sector perform' from 'underperform' and had its target price raised to 1,050p from 850p by RBC Capital Markets on Friday. RBC said it believes the company, which supplies gas, electricity, landline, broadband and mobile services, will se
Read moreWednesday broker round-up
15th Jun 2016 15:32
(ShareCast News) - Arrow Global Group: Goldman Sachs reiterates buy with a target price of 340p. Crest Nicholson: JP Morgan keeps at overweight with a 700p target. Shire: Exane BNP Paribas stays at outperform with a target price of 5700p and Jefferies keeps at buy with a target price of 5500p. Woo
Read moreTelecom Plus revenue, dividend up for the year
14th Jun 2016 07:58
(ShareCast News) - Low-cost multi-utility supplier Telecom Plus announced its final results on Tuesday, with revenue up 2.1% to £744.7m. The FTSE 250 firm said its results and its final dividend were in line with expectations, as adjusted profit before tax rose 4.2% to £54.4m. Statutory profit befo
Read moreTuesday broker round-up
19th Apr 2016 13:51
(ShareCast News) - Telecom Plus: Berenberg downgrades to hold with a target price of 1000p and Finncap reiterates buy with a 1225p target. Greggs: Berenberg upgrades to hold with a target price of 1020p. Zoopla: Credit Suisse reiterates outperform with a target price of 340p. Plus500: Berenberg st
Read moreTelecom Plus warms market up ahead of results
19th Apr 2016 08:17
(ShareCast News) - Telecom Plus warmed the market up for its full-year results with a reiteration of its expectations on Tuesday. The FTSE 250 firm - which operates the Utility Warehouse brand - said it was confident of achieving full-year adjusted pre-tax profits of at least £54m in the year to 31
Read moreWednesday broker round-up
6th Apr 2016 14:37
(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
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