JP Morgan cuts forecasts across housebuilding sector, downgrades Redrow
31st Mar 2020 11:32
(Sharecast News) - JP Morgan has reduced its forecasts for the UK housebuilding sector, including cutting its rating on Redrow and Taylor Wimpey.
Read moreUK govt accused of 'negligence' for allowing building sites to open
25th Mar 2020 11:17
(Sharecast News) - Unions accused the government of negligence for allowing building sites to remain open during the lockdown and called for the coronavirus wage bailout to be extended to self-employed construction workers.
Read moreTaylor Wimpey scraps dividends and halts construction
24th Mar 2020 10:36
(Sharecast News) - Taylor Wimpey scrapped almost £500m of dividends as the housebuilder halted construction and closed show homes in response to the Covid-19 crisis.
Read moreThursday broker round-up
19th Mar 2020 11:33
(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
Read moreHousebuilders are too cheap, Jefferies says
19th Mar 2020 10:18
(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.
Read moreUK construction booms as Brexit turmoil eases, housebuilders rally
3rd Mar 2020 10:58
(Sharecast News) - The British construction sector rallied last month, as Brexit-related political and economic uncertainty eased and new orders surged, a widely-watched survey published on Tuesday showed.
Read moreHousebuilders fall as watchdog announces lease action
28th Feb 2020 09:09
(Sharecast News) - Housebuilders's share prices fell after the competition regulator said it would take action against companies that tie home buyers into onerous leases that make properties unsellable.
Read moreThursday broker round-up
27th Feb 2020 12:47
(Sharecast News) - Restaurant Group: RBC Capital Markets downgrades to sector performer with a target price of 170p.
Read moreWednesday broker round-up
26th Feb 2020 12:48
(Sharecast News) - Associated British Foods: Berenberg downgrades to hold with a target price of 2,700p.
Read moreTaylor Wimpey profits slip as completions and revenue improve
26th Feb 2020 07:18
(Sharecast News) - Taylor Wimpey reported a set of results in line with its expectations on Wednesday, with "clear progress" against its strategic priorities, even as its profits slipped.
Read moreTuesday broker round-up
4th Feb 2020 13:04
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.
Read moreTaylor Wimpey on track as it welcomes UK election result
14th Jan 2020 07:24
(Sharecast News) - House builder Taylor Wimpey said it expected full year results to be in line with expectations as it welcomed increased political stability after the UK General Election.
Read moreDirector dealings: Taylor Wimpey CEO cuts stake by over half
20th Nov 2019 16:01
(Sharecast News) - Taylor Wimpey revealed on Wednesday that chief executive Pete Redfern had sold 2.15m ordinary shares in the FTSE 100-listed housebuilder.
Read moreBerenberg lowers price target on Taylor Wimpey
14th Nov 2019 11:09
(Sharecast News) - Analysts at Berenberg lowered their target price on shares of British construction firm Taylor Wimpey slightly, from 200.0p to 190.0p, noting that the better volumes seen year-to-date appeared to have come at the expense of margins.
Read moreTaylor Wimpey on track to meet FY guidance
13th Nov 2019 07:07
(Sharecast News) - House builder Taylor Wimpey said it was on track to deliver full year results in line with expectations, with slightly higher volumes and lower operating margins than previously guided.
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