Hut Group shares soar as trading gets underway
16th Sep 2020 11:51
(Sharecast News) - The Hut Group saw its shares soar on Wednesday as trading in the e-commerce beauty business got underway, marking the largest debut on the London market in recent years.
Read moreFIS to buy Worldpay in $43bn cash and stock deal
18th Mar 2019 08:22
(Sharecast News) - Payments processor Worldpay has agreed to be bought by US financial services technology company FIS in a $43bn deal.
Read moreTuesday broker round-up
7th Feb 2017 15:10
(ShareCast News) - Cairn Energy: Deutsche Bank upgrades to buy with a target price of 275p. Servelec Group: Berenberg reiterates buy, 391p target. Anglo American: JP Morgan reiterates overweight with a 1470p target. Premier Oil: Deutsche Bank downgrades to hold with a 90p target. Sanne Group: Be
Read moreWorldpay poaches Santander's Peter Jackson to be new UK CEO
2nd Feb 2017 08:16
(ShareCast News) - Worldpay has poached Santander's former head of global innovation Peter Jackson to head its UK business, starting on 1 March. The online payments company said that Jackson will report to group chief executive Philip Jansen. Prior to Santander, Jackson was chief executive at Trave
Read moreExane ups Worldpay to 'outperform' after de-rating
6th Jan 2017 10:21
(ShareCast News) - Exane BNP Paribas upgraded payments processor Worldpay to 'outperform' from 'neutral' and lifted the price target to 340p from 290p, saying last year's de-rating provides a better entry point. The bank said it is still cautious on Worldpay's ecommerce margins and capex but factors
Read moreMonday broker round-up
12th Dec 2016 15:55
(ShareCast News) - Greencore: Berenberg reiterates buy with a target price of 350p. Talk Talk: UBS reiterates neutral, 160p target. Barclays: JP Morgan reiterates neutral with a 215p target. Bunzl: Deutsche Bank reiterates buy with a 2450p target. Old Mutual: Barclays downgrades to equal-weight w
Read moreWorldpay appoints Kim Crawford Goodman as US chief executive
28th Sep 2016 14:32
(ShareCast News) - FTSE 100 payments process Worldpay has appointed Kim Crawford Goodman as chief executive officer of its US business with effect from 7 November. After a handover period, she will succeed Floris de Kort who has decided to leave the group at the end of this year. Goodman has held s
Read moreWorldpay slumps as Bain, Advent sell more shares than expected
7th Sep 2016 08:31
(ShareCast News) - Shares in payments processor Worldpay slumped on Wednesday as it emerged that private equity firms Advent International and Bain Capital LLP sold a bigger-than-expected stake in the company through their Ship Global 2 & Cy SCA vehicle. Ship Global, which is jointly owned by the tw
Read moreBroker tips: Staffline, Worldpay, Travis Perkins
11th Aug 2016 10:52
(ShareCast News) - Berenberg raised Staffline Group's rating to 'buy' from 'hold' and its target price to 1,250p from 900p on Thursday. Immediately after the UK's vote to leave the European Union on 24 June, Berenberg had downgraded the Staffline to 'hold' as it felt "uncertainty about the UK econom
Read moreWorldpay shares fall as Jefferies downgrades to 'hold'
11th Aug 2016 09:52
(ShareCast News) - Worldpay shares dropped on Thursday as Jefferies lowered its rating on the stock to 'hold' from 'buy' and cut its target price to 325p from 340p. Jefferies said while the payment processing company's first half results on Tuesday were "strong", growth looks set to decelerate in th
Read moreBroker tips: Cobham, Worldpay, Rolls-Royce
10th Aug 2016 11:00
(ShareCast News) - Exane BNP Paribas downgraded Cobham to 'underperform' from 'neutral' and cut the price target to 140p from 143p, highlighting lingering doubts following the company's first-half results last week. The bank said sales and trading profit in H1 were broadly in line with consensus. "
Read moreWednesday broker round-up
10th Aug 2016 10:11
(ShareCast News) - Ibstock: Jefferies reiterates buy with a target price of 190p. Legal & General: Barclays maintains equal-weight with a 194p target. Glencore: UBS reiterates buy with a 220p target. Booker: HSBC stays at neutral with a 200p target. Spire Healthcare: Berenberg reiterates buy with
Read moreGoldman Sachs reiterates 'buy' on Worldpay, raises target price
10th Aug 2016 08:46
(ShareCast News) - Goldman Sachs has reiterated a 'buy' rating on Worldpay and raised its target price to 400p from 350p after the company reported its first half results. Worldpay on Tuesday said pre-tax profit rose to £168.6m in the first half from £0.3 the same period a year ago, as revenue jumpe
Read moreWorldpay H1 profit and revenue grow
9th Aug 2016 07:07
(ShareCast News) - Payments processor Worldpay - which floated on the London Stock Exchange last year - reported a rise in first-half underlying earnings and pre-tax profit amid strength in all its businesses, as it declared a maiden interim dividend of 0.65p per share. For the six months to the end
Read moreTuesday broker round-up
2nd Aug 2016 10:58
(ShareCast News) - HSBC: Berenberg reiterates buy with a target price of 600p. Intertek: Numis maintains reduce with a 3100p target. Barclays: Citigroup reiterates buy with a 135p target. IAG: HSBC stays at reduce with a 325p target. Anglo American: UBS keeps at sell with a target price of 740p.
Read more