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Wednesday broker round-up

Wed, 25th Jul 2018 13:57

(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.XLMedia: Berenberg reiterates buy with a target price of 225p.Hastings Group Holdings: Berenberg reiterates buy with a target price of 310p.Countryside properties: Berenberg reiterates buy with a target price of 430p.MJ Gleeson: Berenberg reiterates buy with a target price of 890p.Rio Tinto: RBC Capital Markets downgrades to underperform with a target price of 3,400p.BT Group: RBC Capital Markets downgrades to sector perform with a target price of 275p.Air Partner: Liberum resumes buy with a target price of 155p.Burford Capital: Libertum reiterates buy with a target price of 1,689p.Tyman: Canaccord reiterates buy with a target price of 395p.Marston's: Canaccord reiterates hold with a target price of 110p.Beazley: Peel Hunt reiterates reduce with a target price of 470p.International Personal Finance: Peel Hunt reiterates buy with a target price of 270p.Evgen Pharma: Northland Capital Markets reiterates buy with a target price of 113p.Indivior: Numis upgrades to add with a target price of 380p.Kingfisher: Citigroup upgrades to neutral with a target price of 320p.Boohoo.com: Citigroup downgrades to neutral with a target price of 230p.Medica Group: Berenberg reiterates buy with a target price of 230p.Thomas Cook Group: UBS initiates sell with a target price of 85p.TUI AG: UBS reiterates neutral with a target price of 1,600p.Next: Jefferies reiterates hold with a target price of 6,100p.
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11 Jan 2019 09:43

Carclo plummets as LED division drags results below expectations

(Sharecast News) - Carclo's shares nosedived on Friday after it warned that its full-year results look set to fall "significantly" short of expectations after difficulties in its LED technology division, Wipac.

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11 Jan 2019 09:25

Moss Bros sees FY loss in line with market views as discounting hits margins

(Sharecast News) - Moss Bros said on Friday that it expects to make a full-year loss in line with market forecasts as margins are getting squeezed by discounting.

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11 Jan 2019 07:19

Flybe bought by Virgin, Stobart consortium for £2.2m

(Sharecast News) - British regional airline Flybe Group on Friday agreed a 1p-a-share takeover by a consortium made up of Virgin Atlantic, Stobart Group and Cyrus Capital Partners valuing the company at £2.2m.

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9 Jan 2019 10:16

Mothercare's sales continue to dive as restructuring plan finds its feet

(Sharecast News) - Beleaguered mother and baby products retailer Mothercare reported sliding third-quarter sales amid a "difficult" consumer backdrop over the festive period.

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9 Jan 2019 09:28

Thalassa considering takeover of The Local Shopping REIT

(Sharecast News) - Thalassa announced a possible offer for The Local Shopping REIT (LSR) on Wednesday, following an update from that company on 12 December, which confirmed the failure of proposals including a members' voluntary liquidation (MVL).

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4 Jan 2019 12:23

Gresham Technologies earnings slip as projected revenues get pushed into 2019

(Sharecast News) - Software and services outfit Gresham Technologies saw earnings slip in its last trading year as delays in recognising revenue from new projects led to lower than expected licensing fees.

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19 Dec 2018 11:18

Flybe climbs as Virgin confirms talks ongoing

(Sharecast News) - Virgin Atlantic said on Wednesday that it still in talks with Flybe about potentially making a takeover offer for the regional carrier.

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18 Dec 2018 13:51

Tuesday broker round-up

(Sharecast News) - Intu Properties: Credit Suisse downgrades to underperform with a target price of 100p.

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18 Dec 2018 11:09

Peel Hunt picks 'doublers' for the next 2-3 years

(Sharecast News) - Peel Hunt has named 29 companies it believes will double in value in the next two to three years, including JD Sports, GoCompare and CMC Markets.

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13 Dec 2018 08:35

Bonmarché warns on profits again, citing 'unprecedented' high street conditions

(Sharecast News) - Bonmarché's shares dived on Thursday after the company warned profits will be lower as store sales are hit by Brexit worries and "unprecedented" high street trading conditions.

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12 Dec 2018 09:46

Airline industry to enjoy tenth year of profits in 2019 - IATA

(Sharecast News) - The airline industry will see profits take off for the tenth year in a row in 2019, according to the International Air Transport Association, as oil prices soften and the global economy expands.

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6 Dec 2018 11:06

Delayed deals lead to profit warning from Gresham Technologies

(Sharecast News) - Software and services company Gresham Technologies updated the market on its trading on Thursday, reporting that its legacy software businesses were performing as planned, and its Australian sub-contracting business had delivered a stronger performance in the second half, as expected.

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30 Nov 2018 08:49

Bioquell surges on offer from Bill Gates-backed Ecolab

(Sharecast News) - Bioquell shares surged on Friday as it agreed to be bought by US hygiene company Ecolab for £140.5m.

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27 Nov 2018 15:28

T Clarke sees full year ahead of market expectations

(Sharecast News) - Building services group T Clarke said on Tuesday that 2018 results should be ahead of market expectations as it approaches the new financial year "in excellent shape".

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26 Nov 2018 14:19

Flybe soars as IAG said to be lining up bid

(Sharecast News) - Shares in Flybe surged again on Monday following a report that International Consolidated Airlines is considering bidding for the budget airline.

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