ALD.L Share News (ALD)

Lloyds, RBS drop on Deutsche Bank downgrades

(ShareCast News) - Lloyds and Royal Bank of Scotland were under the cosh on Monday as Deutsche Bank downgraded the stocks to adjust for a "lower-for-longer" environment. DB pointed out that UK bank shares have been particularly volatile since the UK voted to leave the European Union, with RBS, Barcl

FTSE 250 movers: eOne too pricey for ITV, smaller banks a bargain says Merrill

(ShareCast News) - The FTSE fell along with much of the market on Thursday, with Entertainment One and Just Eat leading the way lower. Entertainment One, known as eOne and distributor of the 'David Brent: Life on the Road' film currently in cinemas, was sent skidding as ITV swerved a potential takeo

Broker tips: Playtech, Aldermore, Shawbrook, Just Eat

(ShareCast News) - Playtech shares gained on Thursday as Canaccord Genuity raised its target price to 1,125p from 902p and reiterated a 'buy' rating on the stock after the gambling software developer reported its first half results. In the six months to the end of June, revenues rose to €337.7m from

Aldermore, Shawbrook boosted by BofA ML upgrade

(ShareCast News) - Challenger banks Aldermore and Shawbrook got a boost on Thursday as Bank of America Merrill Lynch lifted its recommendations on the stocks to 'buy' from 'neutral'. BofA said the introduction of the Bank of England's term funding scheme (TFS) along with a reduction in the UK macroe

Aldermore to stop offering bridging loans

(ShareCast News) - Aldermore Group has decided to stop offering short-term bridging loans from next month as the challenger bank focuses on its residential and commercial mortgage business. Aldermore said it will stop accepting new bridging loan applications from 1 September, having only launched

Friday newspaper share tips: RBS, StanChart, Aldermore

(ShareCast News) - Groucho Marx's warning not to be fooled if a man looked and talked like an idiot (he really was one) may have rung in the ears of investors in lenders' so-called 'co-co' bonds during the first quarter, the Financial Times's Lex column mused. Just like the shares of their underlyin

Friday broker round-up

(ShareCast News) - Britvic: Berenberg reiterates buy with a target price of 775p. RSA Insurance: Deutsche Bank maintains hold with a 525p target. GlaxoSmithKline: JP Morgan reiterates neutral with a 1900p target. Amec Foster: Goldman Sachs stays at buy with a 691,1p target. A.G. Barr: Berenberg d

Aldermore generates more loans and profits in first half

(ShareCast News) - Aldermore grew lending and profits by double-digits in the first half of the year and said its UK focus meant it has seen "no direct impact" yet on its business from the EU Referendum. The 'challenger' bank, which said it would continue to keep an eye on wider economic effects and

WINNERS & LOSERS SUMMARY: DFS Furniture Is Sitting Comfortably

Industrial metals and mining shares pace advance

(ShareCast News) - Investors continued to shift out of the more defensive segments of the stockmarket and towards cyclical sectors in the wake of the previous session´s unexpectedly strong US jobs feport for July. Industrial Metals & Mining thus received a boost as steel futures climbed. Overnight,

UK Earnings, Trading Statements Calendar - Next 7 Days

BROKER RATINGS SUMMARY: JPMorgan Cuts easyJet And IAG To Neutral

Tuesday newspaper share tips: Challenger banks, Rolls Royce

(ShareCast News) - The share price drops in Britain´s challenger banks following the Brexit referendum looked overdone, the Financial Times´s Lex column argued. Over the two weeks after the vote shares in Aldermore, OneSavings, Shawbrook and Paragon gave back between 12% and 40% of their market capi

Numis reiterates 'buy' rating on Aldermore

(ShareCast News) - UK bank Aldermore's 'buy' rating and target price of 212p has been reiterated by Numis despite the market forecasting a recession materially worse than the credit crisis. Numis said it has already downgraded its forecasts to reflect a mild recession with its impairment charge incr

FTSE 250 movers: house builders in focus as mid caps sour

(ShareCast News) - FTSE 250 stocks ended on a sour note with residential property-linked stocks figuring prominently among the fallers as UK construction data disappointed. Clarkson led to the downside as it warned full-year 2016 profits would be "materially lower" on the year due to lower freight r