Taylor Wimpey says 2016 starting strongly after final results hit target
1st Mar 2016 08:09
(ShareCast News) - Final results from Taylor Wimpey were strong and in line with City expectations, with the housebuilder confirming that the market had strengthened into 2016. Prices were said to be continuing to grow thanks to "very good" sales rates in most parts of the UK, including central Lond
Read moreFriday broker round-up
26th Feb 2016 14:05
(ShareCast News) - Burberry: Nomura upgrades to buy with a target price of 1500p. Anglo American: Canaccord downgrades to sell with a target price of 350. South32: UBS reiterates neutral with a target price of 67p, Citigroup stays at buy, 75p target and Exane BNP Paribas keeps at outperform, 70p ta
Read moreFTSE 100 movers: Miners lead index back over 6000
22nd Feb 2016 14:16
(ShareCast News) - The FTSE 100 was back over 6,000 points on Monday, with the index up 106.09 points (1.78%) to 6,056.32. Miners led the market as commodity price were boosted following the recent rally in global equities. Anglo American was at the top of the list on reports that the company may s
Read moreThursday broker round-up
18th Feb 2016 19:08
(ShareCast News) - Hammerson: Exane BNP Paribas downgrades to neutral, 620p target. Go-Ahead Group: Shore Capital upgrades to buy. Auto Trader: JP Morgan reiterates to overweight with a 420p target and Deutsche Bank maintains hold, 375p target. Glencore: Citigroup keeps at buy with a 140p target.
Read moreFTSE 100 movers: Housebuilders lead market higher
10th Feb 2016 14:26
(ShareCast News) - The FTSE 100 was set to turn things around on Wednesday, with the blue chip market up 48.39 points (0.86%) to 5,680.58 by mid-afternoon. Housebuilders were on the rise, including Taylor Wimpey, Berkeley Group Holdings and Barratt Developments, after sector peer Bellway reported st
Read moreLiberum removes Anglo from 'conviction sell' list; adds Burberry, Taylor Wimpey
19th Jan 2016 13:58
(ShareCast News) - Liberum removed Anglo American from its 'conviction sell' list on Tuesday as it revised its conviction buys and sells for 2016. The brokerage noted the shares have tumbled 85% since it added the miner to its conviction sell list back in May 2014. It said the value of the business
Read moreFTSE 100 movers: Sports Direct falls as shareholder's concerns laid out
18th Jan 2016 14:06
(ShareCast News) - The FTSE 100 was in a slow decline by mid-afternoon Monday, down 27.76 points (0.48%) to 5,776.34. Sports Direct was the biggest faller after one of the retailer's major investors voiced its concerns about its relationship with Nike as well as its website offering. In comments pu
Read moreJefferies hoists target prices for housebuilding sector
12th Jan 2016 13:37
(ShareCast News) - Jefferies has upgraded house builders Barratt Developments, Berkeley and Galliford Try due to the UK's continued housing shortage outweighing other concerns. The broker said it believes the government's 100,000-a-year target is not achievable with current construction skills short
Read moreTuesday newspaper share tips: Taylor Wimpey a strong house to invest in
12th Jan 2016 10:40
(ShareCast News) - A strong housing market has led The Times' Tempus to rate Taylor Wimpey at 'buy long term'. In a trading statement released on Monday, the FTSE 100 housebuilder said 2015 was a year of steady growth, and has indicated it is starting the new year with a strong order book. It repo
Read moreTaylor Wimpey reports strong year with record order book for 2016
11th Jan 2016 07:36
(ShareCast News) - Taylor Wimpey has indicated 2015 was a year of steady growth, and has indicated it is starting the new year with a strong order book. In a trading statement released on Monday, the FTSE 100 housebuilder reported total home completions in the UK for the year to 31 December 2015 inc
Read moreLondon pre-open: Spike in Hong Kong rates sends Chinese stocks lower
11th Jan 2016 07:05
(ShareCast News) - News of another unexpected move by Chinese authorities in the offshore yuan market trigerred a spike in the interest paid on loans by banks through Hong Kong's, possibly contributing to another downdraft in the country's stockmarkets on Monday, is expected to weigh on the Footsie
Read moreUK housebuilders boosted by upbeat BoA ML note
14th Dec 2015 10:59
(ShareCast News) - Bank of America Merrill Lynch upgraded its stance on Barratt Developments to 'neutral' from 'underperform' as it took a look at UK housebuilders. The bank said it remained supportive of the sector and reiterated buy-rated Persimmon, Taylor Wimpey and Bellway as its top picks. "W
Read moreTaylor Wimpey appoints Dixon's finance director to non-executive board
9th Dec 2015 09:41
(ShareCast News) - Humphrey Singer has been appointed as independent non-executive director at Taylor Wimpey, the residential housebuilder said on Wednesday. Singer, who currently holds the role of group finance director at Dixon Carphone and had previously held a number of operational roles with Co
Read moreTuesday newspaper share tips: Construction in the spotlight
17th Nov 2015 12:08
(ShareCast News) - The focus is on construction in Tuesday's newspaper share tips, with Taylor Wimpey and Keller in the spotlight. On Monday, housebuilder Taylor Wimpey said it expected to report a 2% rise in 2015 operating profit margin and a return on net operating assets of more than 25%. The com
Read moreTuesday broker round-up
17th Nov 2015 10:15
(ShareCast News) - Tesco: Citigroup upgrades to buy. Target price: 230.00p. Sabmiller: Nomura downgrades to neutral, raises target price to 4400.00p. Taylor Wimpey: Deutsche reiterates to buy, raises target price to 233.00p.
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