Credit Suisse adds Travis Perkins, Whitbread, Imperial Tobacco and Halma to top picks
21st Jan 2016 16:25
(ShareCast News) - Analysts at Credit Suisse reshuffled their deck of top outperformers and underperformers on Thursday. In its report, the broker summarised analysts' most and least favoured stocks in each sector, which were usually limited to 20% of each one's coverage universe. The Swiss broker
Read moreTuesday broker round-up
19th Jan 2016 14:22
(ShareCast News) - Royal Dutch Shell: Cannacord Genuity lowers target from 1,775p to 1,550p and reiterates hold. Burberry Group: Liberum reiterates sell with a 925p target; RBC reiterates neutral yet trims target from 1,300p to 1,275p; UBS up target from 1,400p to 1,500p staying at buy. Tullow Oil:
Read moreCredit Suisse ugrades Travis Perkins on UK housebuilding policy
5th Jan 2016 09:01
(ShareCast News) - Credit Suisse upgraded its rating on Travis Perkins to 'outperform' from 'neutral' as the building products supplier was chosen as the top pick for the sector. The Swiss bank said the broadly favourable trading outlook for the next two years ahead would lead to average sales sales
Read moreN+1 Singer upgrades Howden Joinery to buy from hold
5th Nov 2015 11:16
(ShareCast News) - Howden Joinery managed to skirt the troubles seen elsewhere in the sector since summer and October trading was "outstanding", so the shares have scope to recover after the battering they took on the heels of Travis Perkins´ warning last month, N+1 Singer told clients. Strong tradi
Read moreTravis Perkins boosted by Deutsche Bank upgrade
2nd Nov 2015 15:08
(ShareCast News) - Travis Perkins rallied after Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 2,234p from 1,991p. It said that as a building materials supplier with pure UK exposure, Travis Perkins is leveraged to a resilient economy against a backdrop of globa
Read moreFTSE 100 movers: Travis Perkins builds gains; Hikma slumps on generics business
2nd Nov 2015 14:21
(ShareCast News) - London's FTSE 100 was down 0.1% to 6,355.80 at 1445 GMT, as investors weighed up mixed Chinese manufacturing data against better-than-expected UK factory data, with broker notes providing much of the action. Hikma Pharmaceuticals slumped after lowering its guidance for the generic
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 moreFTSE 100 movers: China boosts market led by miners
23rd Oct 2015 14:10
(ShareCast News) - The FTSE 100 looked to finish the week on a high, up 80.59 points (1.26%) to 6,456.87 by mid-afternoon Friday and hitting its highest point in over two months. Miners Glencore led the risers, with Fresnillo also featuring in the top 10. It came as the People's Bank of China annou
Read moreFriday newspaper share tips: Travis Perkins and RELX two long term investments to consider
23rd Oct 2015 11:21
(ShareCast News) - The Times' Tempus has a bit of advice for people who haven't invested in Travis Perkins already - it might be time to buy long term. The building materials group said on Thursday that its full-year earnings are likely to be at the lower end of market expectations due to weakness i
Read moreTravis Perkins finance director shows confidence with cash
22nd Oct 2015 16:13
(ShareCast News) - Travis Perkins' group finance director is stumping up some of his own cash to show his confidence in the company. Tony Buffin purchased 3,000 shares in the company on Thursday for a total value of £54,794. It followed third quarter results from the company and a warning that full
Read moreTravis Perkins sees 2015 earnings at lower end of market expectations
22nd Oct 2015 07:40
(ShareCast News) - Travis Perkins said its full-year earnings are likely to be at the lower end of market expectations due to weakness in the repair, maintenance and improvement market. The building materials group reported total sales growth of 4.4% for the third quarter and like-for-like growth of
Read moreBroker tips: Travis Perkins, Thomas Cook, Cineworld
5th Aug 2015 17:31
(ShareCast News) - Citigroup downgraded Travis Perkins to 'neutral' from 'buy' but raised its price target to 2,300p from 2,190p. The bank said the downgrade was a valuation call, as the shares have enjoyed a strong bounce since the start of the year and now reside on a relatively full multiple. Th
Read moreFTSE 100 movers: StanChart, miners and Tesco lift index
5th Aug 2015 15:58
(ShareCast News) - The FTSE 100 was generally on the up through most of Wednesday's session, with some well-received financial results accompanied by a mining sector bounce. London's blue chip index was ahead by 0.78% at 6,738.50 points at 1616 BST, with BHP Billiton and Rio Tinto leading the pack t
Read moreCitigroup cuts Travis Perkins to 'neutral', says valuation is full
5th Aug 2015 13:36
(ShareCast News) - Citigroup downgraded Travis Perkins to 'neutral' from 'buy' but raised its price target to 2,300p from 2,190p. The bank said the downgrade was a valuation call, as the shares have enjoyed a strong bounce since the start of the year and now reside on a relatively full multiple. Th
Read moreFTSE 100 movers: Shire slips on bid rebuff, Smiths lifted by activist hopes
4th Aug 2015 14:47
(ShareCast News) - The FTSE 100 was marginally in the red on Tuesday afternoon after an early fall was followed by a sharp bounce that soon lost momentum. London's primary equity index was down 0.14% at 6,679.14 points by 1405 BST, with shares in drug company Shire leading the fallers. The Dublin-h
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