Wednesday broker round-up

8th Jul 2020 14:03

(Sharecast News) - Persimmon: Peel Hunt upgrades to add with a target price of 2,730.0p.

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WPP slumps as Credit Suisse reinstates coverage at 'underperform'

8th Jul 2020 11:46

(Sharecast News) - WPP slumped on Wednesday after Credit Suisse reinstated coverage of shares in the advertising company at 'underperform' with a 565p price target, pointing to "rising industry disruption".

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Monday broker round-up

1st Jun 2020 13:47

(Sharecast News) - Johnson Matthey: Liberum downgrades to hold with a target price of 2,100p.

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Director dealings: WPP non-executive director snaps up shares

11th May 2020 16:33

(Sharecast News) - WPP revealed on Monday that non-executive director Sandrine Dufour had acquired 15,000 ordinary shares in the FTSE 100-listed media agency.

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Sunday newspaper round-up: BT Group, Sports Direct, Ocado

3rd May 2020 21:44

(Sharecast News) - The City is braced for a cut to BT's £1.5bn dividend - a move that would send pain through its army of retail shareholders after a wave of blue-chips slashed payouts amid the Covid-19 crisis. The board meets this week to decide whether to keep the dividend, one of the 20 biggest in the FTSE 100 index. More than 40 leading companies have cancelled £16.5bn of payouts this year, according to the broker Peel Hunt, including all the banks. Shell stunned the market by cutting its dividend by two-thirds on Thursday. - Sunday Times

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WPP looks to staff for further cost-cutting

29th Apr 2020 07:15

(Sharecast News) - WPP announced further cost-cutting measures on Wednesday, alongside a fall in first quarter revenue, as it bunkered down in the face of the Covid-19 coronavirus pandemic.

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Thursday broker round-up

2nd Apr 2020 13:03

(Sharecast News) - Unilever: Barclays upgrades to equal weight with a target price of 4,420p.

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WPP cancels dividend and share buybacks amid Covid-19 pandemic

31st Mar 2020 07:35

(Sharecast News) - WPP updated the market on its trading in light of the Covid-19 coronavirus pandemic on Tuesday, reporting that for the first two months of 2020, excluding Greater China, group like-for-like revenue less pass-through costs was up 0.4%.

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Tuesday broker round-up

17th Mar 2020 13:00

(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.

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WPP acquires data science firm Sandtable

5th Mar 2020 09:55

(Sharecast News) - WPP announced on Thursday that its GroupM division has acquired data science company Sandtable, which specialises in behavioural analytics and advanced simulations.

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Monday broker round-up

2nd Mar 2020 13:33

(Sharecast News) - Burberry Group: Bank of America upgrades to buy with a target price of 1,800p.

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WPP annual profits fall; Targets flat revenue growth for 2020

27th Feb 2020 07:19

(Sharecast News) - Advertising giant WPP reported a fall in full year pre-tax profits as it forecast flat organic growth and operating profit margin for the current fiscal year.

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WPP buys US marketing technology consultancy XumaK

12th Feb 2020 10:02

(Sharecast News) - Advertising giant WPP said on Wednesday that its Wunderman Thompson agency has bought marketing technology consultancy XumaK for an undisclosed sum.

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John Rogers starts work as WPP finance chief

4th Feb 2020 15:49

(Sharecast News) - WPP announced that John Rogers had joined the advertising group as chief financial officer designate from Sainsbury's.

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Monday broker round-up

20th Jan 2020 13:17

(Sharecast News) - Avon Rubber: Berenberg downgrades to hold with a target price of 2,300p.

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