Friday broker round-up
24th May 2019 13:23
(Sharecast News) - SafeChange International Group: Berenberg downgrades to hold with a target price of 436p.
Read moreTrifast reports solid revenue growth; weak pound pressures UK margins
26th Sep 2018 15:37
(Sharecast News) - AIM-listed Trifast reported "solid" revenue growth in the first five months of the year across all regions, although UK margins were still squeezed due to the Brexit-induced slump in the pound.
Read moreSterling weakness lifts a confident Trifast
16th Feb 2017 16:12
(ShareCast News) - Trifast issued an unaudited trading update for the third quarter on Thursday, saying that on a constant currency basis, the company experienced a continuing strong performance across its main geographies. The London-listed firm said its Asia business returned to growth as it began
Read moreTrifast posts another record breaking six months
8th Nov 2016 12:09
(ShareCast News) - Trifast posted what it described as another record breaking six months on Tuesday, in its half-yearly financial report to 30 September, with a total revenue increase of 8.1% at constant exchange rates to £89.7m, or 14.9% at actual exchange rates. The London-listed company said its
Read moreTrifast shares surge on relatively rosy update
4th Oct 2016 10:33
(ShareCast News) - Trifast issued an unaudited trading update ahead of its half-year results for the six months to 30 September on Tuesday, with the results scheduled to be announced on 8 November. The London-listed firm said business remained "solidly on track" in terms of organic growth performanc
Read moreTrifast annual pre-tax profits rise, CEO departs
16th Jun 2015 08:05
Manufacturing group Trifast posted better-than-expected annual pre-tax profit, as revenue rose on the back of operational improvements. The London-listed company said pre-tax profit for the year to 31 March rose 33.6% year-on-year to £11.8m, while revenue increased 19.2% to £154.7m and underlying ea
Read moreTrifast execs make tidy sum through share option sale
21st Nov 2014 15:59
The chairman and boss of fastenings group Trifast have both raised £1.08m each after selling shares issued under the company's 2009 share option plan. Executive chairman Malcolm Diamond and chief executive Jim Barker, who have both been with the company for over three decades, were issued 1m shares
Read moreTuesday broker round-up UPDATE
17th Jun 2014 09:45
Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B
Read moreTrifast buoyed by rising economic confidence
17th Jun 2014 08:49
- Encouraged by full-year trading - Trading boosted by economic confidence and manufacturing output - New financial year starts on strong footing Mechanical fasteners maker Trifast said it performed strongly in the last year and has started the new financial year on a similar trend. The firm said
Read moreWednesday broker round-up UPDATE
7th May 2014 08:35
Balfour Beatty: Jefferies reduces target price from 403p to 233p downgrading to hold. Deutsche Bank cuts target price from 280p to 250p and leaves its hold recommendation unchanged. Numis reduces target price to 260p and retains an add rating. Barclays: Deutsche Bank lowers target price from 320p t
Read moreTuesday broker round-up UPDATE
15th Apr 2014 08:08
APR Energy: Goldman Sachs reduces target price from 1165p to 1039p, while upgrading to buy. Aureus Mining: FinnCap places its target price (prev.: 175p) under review and keeps its buy recommendation . Al Noor Hospitals: Jefferies increases target price from 1065p to 1155p and maintains a buy recom
Read moreSunday share tips: Babcock, Electrocomponents, easyJet
30th Mar 2014 15:27
The fall in engineering company Babcock's share price is overdone, Danny Fortson argued in his Inside the City column in the Sunday Times. The fall was partly because of the rights issue to pay for the takeover of helicopter operator Avincis but investors also think Peter Rogers, Babcock's Chief Exe
Read moreTuesday broker round-up UPDATE
12th Nov 2013 09:20
Accesso: Canaccord Genuity raises target price from 680p to 770p and keeps a buy recommendation. Andor Technology: FinnCap places both its target price (prev.: 390p) and its hold recommendation under review. Babcock International: Jefferies increases target price from 1250p to 1600p retaining a bu
Read moreTrifast enjoys strong trading
15th Aug 2013 08:36
Mechanical fasteners maker Trifast said all of its divisions in Asia, Europe and the US have traded strongly from April to date. The Birmingham based firm said it had been encouraged by new business opportunities particularly in Asia and the US within its key Automotive and Electronics sectors.
Read moreWednesday broker round-up UPDATE
26th Jun 2013 07:30
ACM Shipping Group: Espirito Santo increases target price from 150p to 185p keeping a buy recommendation. Afren: Canaccord Genuity moves target price from 210p to 220p and keeps a buy recommendation. Aggreko: Deutsche Bank cuts target price from 2250p to 2100p, while its buy recommendation remains
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