Sunday share tips: Whitbread, Severfield, ConvaTec
22nd Jan 2017 13:24
(ShareCast News) - Buy shares in Whitbread, suggests the Sunday Times' Inside the City column on the back of the potential tourism boost from the weak pound and a cost cutting drive. Data in recent months has confirmed that hotels in London, where the FTSE 100 group has dozens of its Premier Inns, h
Read moreWhitbread's shares bolstered by Barclays upgrade
20th Jan 2017 10:47
(ShareCast News) - Whitbread's shares were given a boost on Friday after Barclays lifted its rating on the stock to 'equal weight' from 'underweight' and raised the target price to 4,150p from 3,340p. Barclays said it expects the owner of Costa coffee shops and Premier Inn hotels to report a "good"
Read moreFriday broker round-up
20th Jan 2017 09:51
(ShareCast News) - Whitbread: Barclays upgrades to Equal Weight with target price of 4150p. Inmarsat: Deutsche Bank reiterates Buy with a target price of 1020p. Halfords Group: HSBC reiterates Buy with a target price of 415p. Pets at Home: HSBC downgrades to Hold with a target price of 230p. Nati
Read moreRestaurants and pubs enjoy strong festive trading, Coffer Peach finds
19th Jan 2017 06:45
(ShareCast News) - UK pubs and restaurants enjoyed an equal uplift in trading over the Christmas and New Year period, as a bumper six weeks for London drove a second consecutive month's improvement. Data on the largest managed pub and restaurant groups over the six weeks to January 8 found a collect
Read moreWhitbread sells and leases two London Premier Inn sites
12th Jan 2017 15:45
(ShareCast News) - Costa Coffee and Premier Inn owner Whitbread has sold two sites in London hotels, which were then leased backed, in order to reinvest the funds in opportunities for growth. The FTSE 100 company sold its 339 room hub by Premier Inn hotel in Tothill Street, Westminster due to open i
Read moreThursday broker round-up
12th Jan 2017 13:49
(ShareCast News) - Hays: Deutsche Bank upgrades to Hold with a target price of 160p. Pagegroup: Jefferies reiterates Hold with a target price of 395p. Taylor Wimpey: Deutsche Bank reiterates Buy with a target price of 244p. Sainsbury: HSBC maintains Reduce with a target price of 205p. Tullow Oil:
Read moreWhitbread boosted by Credit Suisse upgrade
10th Jan 2017 08:43
(ShareCast News) - Whitbread got a boost on Tuesday as Credit Suisse upgraded the stock to 'outperform' from 'neutral' and lifted the price target to 4,550p from 4,030p as it took a look at European hotels. The bank said it sees a return to positive hotel trading momentum and that the company's £150
Read moreWhitbread targets £150m of savings to counter rising costs
29th Nov 2016 12:27
(ShareCast News) - Whitbread has set out a target to make £150m of cost savings over the next five years in order to counter headwinds such as the National Living Wage, business rates and currency inflation. Profits margin guidance remained unchanged as new chief executive Alison Brittain is plannin
Read moreSir Stelios' easyCoffee to undercut Caffe Nero, Costa and Starbucks
21st Nov 2016 14:10
(ShareCast News) - EasyJet founder Sir Stelios Haji-Ioannou has launched a new venture, easyCoffee, that will add further discount competition to the coffee shops current dominating the UK high street such as Starbucks and Costa Coffee. The entrepreneur has launched the three franchises, and accordi
Read moreWednesday broker round-up
26th Oct 2016 17:40
(ShareCast News) - FirstGroup: Goldman Sachs keeps at buy with a target price of 168p. Esure: Berenberg stays at sell, 238p target. Anglo American: Deutsche Bank reiterates hold with a 965p target. Intertek: UBS reiterates buy with a 4100p target. Sainsbury: Goldman Sachs reiterates sell with a 1
Read moreFTSE 100 movers: Miners and oilers weigh while IAG climbs
26th Oct 2016 14:14
(ShareCast News) - Commodities stocks led the FTSE 100 lower on Wednesday after copper miner Antofagasta reported disappointing production numbers and full year guidance. The blue chip index was falling increasingly sharply as the day wore on, down 1.4% by mid afternoon, with Antofagasta's 6.
Read moreWhitbread wilts as sweeter dividend masks Costa concerns
25th Oct 2016 07:10
(ShareCast News) - Whitbread sprinkled a 5% dividend hike on a strong set of interim results, but investors overlooked acceleration at the Premier Inn hotels arm to focus on a dip in profits from Costa coffee shops. Operating profits at Costa were down 4.0% due to investments in the stores and IT an
Read moreTuesday preview: Whitbread reports first half interims
24th Oct 2016 14:21
(ShareCast News) - Whitbread is on Tuesday expected to report an increase in first half earnings on the back of growth at its Costa coffee and Premier Inn hotel chains. The company in June reported a 1.8% rise in first quarter total like-for-like (LFL) sales, including a 2.1% gain in Premier Inn LFL
Read moreThursday broker round-up
22nd Sep 2016 13:35
(ShareCast News) - Dunelm: HSBC starts coverage at buy with a target price of 1000p. Brown N Group: UBS keeps at neutral, 190p target. Tesco: Barclays keeps at neutral with a 215p target. Associated British Foods: Credit Suisse reiterates outperform with a 3550p target. BBA Aviation: Barclays kee
Read moreMonday broker round-up
19th Sep 2016 09:52
(ShareCast News) - Lloyds: Jefferies reiterates buy with a target price of 67p. Astrazeneca: UBS reiterates buy, 5480p target. Britvic: JP Morgan keeps at underweight with a 590p target. Unilever: UBS reiterates neutral with a 3380p target. IHG: HSBC starts coverage at reduce with a 2900p target.
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