Telecom 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
Read moreFTSE 250 movers: Telecom Plus follows market trend, Drax falls on warning from chief executive
30th Nov 2015 14:19
(ShareCast News) - The FTSE 250 started the week on a high, rising to 17,367.86 points by mid-afternoon Monday, up 102.76 points (0.60%). Telecom Plus followed the lead of the market overall, with shares rising over 5% on the day. Last week the company announced that statutory pre-tax profit for the
Read moreFriday broker round-up
23rd Oct 2015 16:41
(ShareCast News) - Aa: Berenberg Bank starts a new coverage with a buy, sets target price at 350.00p. Globaltrans Investment Gdr (reg S): Credit Suisse upgrades to neutral, reduces target price to 4.20p. Connect Group: Berenberg Bank starts a new coverage with a buy, sets target price at 200.00p.
Read moreSector movers: Natural resources stocks trigger another London market decline
23rd Jul 2015 15:38
(ShareCast News) - Natural resources, especially mining and metals, along with telecommunications stocks triggered yet another London market decline on Thursday. The FTSE 100 was down 12.33 points or 0.18% at 6655.01, while FTSE 250 was down 26.55 or 0.15% with mining, metal and oil stocks leading a
Read moreFTSE 250 movers: OneSavings higher on Investec comments, Wood Group hit by downgrade
26th Jun 2015 14:27
Mid caps were in the red on Friday, as gains made by retailer and telecommunications stocks were overshadowed by Greece's looming critical weekend. As of 15:30 BST, the FTSE 250 was trading 0.7% lower at 17,829. OnseSavings Bank led the risers as Investec gave the stock a 'buy' rating and a price t
Read moreFTSE 250 movers: Petrofac boosted by upgrade, DS Smith higher on profit growth
25th Jun 2015 13:30
Mid caps inched higher on Thursday, as losses posted by construction, mining and engineering stocks were eclipsed by gains in the technology and real estate sectors. As of 15:00 BST, the FTSE 250 was trading 0.15% higher at 17,950. Petrofac topped the risers after Nomura upgraded the stock to 'buy'
Read moreFTSE 250 movers: Elementis plummets on profit warning, Stagecoach up on stronger profits
24th Jun 2015 12:55
Mid-caps edged lower on Wednesday, as gains made by transport, retail and property stocks were eclipsed by weakness in the industrial metals and computer services sectors. As of 14:30 BST, the FTSE 250 was trading 0.5% lower at 17,911. Ladbrokes reversed Tuesday's gains, which were driven by the co
Read moreFTSE 250 movers: Ladbrokes surges on merger talks, Jimmy Choo hit by legal threat
23rd Jun 2015 13:30
Mid caps were on the up on Tuesday, as weakness in the industrial metals sector was eclipsed by strength in oil, telecommunications and engineering stocks. As of 15:15 BST, the FTSE 250 was trading 0.6% higher at 18,010. Ladbrokes shares jumped after the bookie chain confirmed it was in merger talk
Read moreTelecom Plus reiterates guidance as annual pre-tax profit rises
23rd Jun 2015 08:27
Multi-utility provider Telecom Plus said its trading was in line with expectations, after posting an increase in annual pre-tax profits. In the year to 31 March, the group's pre-tax profits rose 21% year-on-year to £42m, while revenues climbed 10.5% to £729.2m, driven by take up of services the grou
Read moreOfgem to force energy suppliers to increase tariff transparency
3rd Jun 2015 12:03
UK energy suppliers will this year begin to be forced by regulator Ofcom to tell customers about cheaper tariffs, even if they are sold via a different company. Energy regulator Ofgem on Wednesday published its final decision on how suppliers who sell energy via 'white label' resellers. Under curre
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