Trade sales help offset weak UK for Travis Perkins
23rd Oct 2018 07:54
(Sharecast News) - Building materials supplier Travis Perkins said a pick up in demand from trade buyers helped to offset "significant" pricing pressure in its UK operations in the third quarter.
Read moreUSB slashes target price for Travis Perkins
23rd Aug 2018 14:11
(Sharecast News) - Analysts at UBS slashed their target price for shares of Travis Perkins, pointing to the company's more mixed track record over the past years on market outperformance and cost discipline.
Read moreFriday broker round-up
17th Aug 2018 14:22
(Sharecast News) - esure: Barclays upgrades to equal weight with a target price of 280p.
Read moreThursday broker round-up
9th Aug 2018 13:02
(Sharecast News) - BBA Aviation: Liberum upgrades to buy with a target price of 370p.
Read moreWednesday broker round-up
1st Aug 2018 13:19
(Sharecast News) - Rightmove: Berenberg downgrades to sell with a target price of 4,100p.
Read moreTravis Perkins warns on profits due to Wickes challenges
31st Jul 2018 08:13
(Sharecast News) - Travis Perkins warned on profits for the full year after being dragged to a loss in the first half by its consumer facing Wickes chain, even though its builder's merchant businesses grew at a solid rate.
Read moreSunday share tips: Travis Perkins, Weir Group, Tax Systems
29th Jul 2018 13:56
(Sharecast News) - Sunday newspaper share tips, including Travis Perkins in the Sunday Times, Weir Group in the Sunday Telegraph and Tax Systems in the Mail on Sunday
Read moreLiberum sees market as 'overly pessimistic' on builders merchants
12th Jan 2017 12:07
(ShareCast News) - Against the backdrop of a "patchy" construction sector, broker Liberum highlighted Howden Joinery as its top pick and downgraded building materials suppliers Wolseley to 'hold' and SIG and 'sell' on valuation grounds. Liberum felt the stock market appeared overly pessimistic on bu
Read moreNewcomers eye promotion in FTSE 100 index reshuffle
28th Nov 2016 08:41
(ShareCast News) - Irish packaging group Smurfit Kappa, newly listed medical product company ConvaTec Group and online car retailer Auto Trader could make the leap into the FTSE 100 benchmark on Wednesday as part of the quarterly FTSE Russell index reshuffle. Making way could be precious metals prod
Read moreDirectors dealings: Travis Perkins COO buys despite uncertainty
20th Oct 2016 17:09
(ShareCast News) - Travis Perkins's newly-appointed chief operating officer Tony Buffin picked up another handful of shares in the timber and builders' merchant. The purchase followed his promotion to that post from his earlier role as group finance director on 20 September and came in the wake of t
Read moreTravis Perkins closes 30 branches amid uncertain construction backdrop
19th Oct 2016 07:08
(ShareCast News) - One of the first companies in the construction sector to provide an update on the third quarter, Travis Perkins reported that market conditions have worsened and it has decided to close more than 40 sites and launch a cost-cutting programme. The FTSE 100 group said that while its
Read moreTuesday broker round-up
11th Oct 2016 14:54
(ShareCast News) - Easyjet: Deutsche Bank keeps at hold with a target price of 1000p. BP: HSBC reiterates buy, 570p target. Petrofac: Credit Suisse keeps at outperform with a 1100p target. British American Tobacco: Jefferies reiterates buy with a 6000p target. Royal Dutch Shell: HSBC keeps at bu
Read moreFTSE 100 movers: ITV, Legal&General lead declines
3rd Oct 2016 17:15
(ShareCast News) - ITV shares were at the bottom of the pile after analysts at Barclays lowered their target price on the stock from 200.0 to 190.0p. Fashion retailers were also weak, tracking the 1.04% drop in the pound against the US dollar after the Prime Minister committed herself at the weekend
Read moreBarratt Developments and Bovis Homes shares slide on UBS downgrade
20th Sep 2016 09:16
(ShareCast News) - Barratt Developments and Bovis Homes were under the cosh on Tuesday after UBS downgraded the housebuilders to 'neutral' from 'buy' as it reviewed the sector. UBS said market dynamics have been "significantly more benign" in July and August following the UK's vote to leave the Euro
Read moreTravis Perkins promotes Tony Buffin, poaches Alan Williams from Greencore
20th Sep 2016 08:45
(ShareCast News) - Travis Perkins has promoted its chief financial officer Tony Buffin to the role of chief operating officer, with Alan Williams joining the group to replace him with effect from 3 January 2017. The changes, which are being made as part of the group's longer-term planning, will see
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