(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an
Read more(ShareCast News) - Poundland: HSBC reiterates hold with a target price of 160p. Glencore: JP Morgan keeps at neutral with a 150p target. Home Retail: HSBC stays at hold with a target price of 165p. Booker: HSBC keeps at buy with a target of 230p. Safestore: Berenberg stays at buy with a target pr
Read more(ShareCast News) - B&M European Value: Retail Jefferies reiterates buy with a 330p target and Citigroup keeps at buy with a target of 345p. Standard Life: Jefferies stays at buy with a 403p target. United Utilities: JP Morgan reiterates overweight with a target price of 1020p and Exane BNP Paribas
Read more(ShareCast News) - Full year pre-tax profits at food wholesaler Booker Group rose 9% to £150.8m on the back of a 5% increase in revenues to £4.9bn. Non-tobacco sales were up 6.3% and tobacco sales up 2.2%. Like-for-like total sales fell 1.9%. Basic earnings per share were 7.24 pence, up from 6.73 p
Read more(ShareCast News) - Food wholesale operator Booker got a boost after Goldman Sachs upgraded the stock to 'buy' from 'neutral' and lifted the price target to 198p from 171p ahead of the company's full-year results on Thursday. Goldman pointed out that Booker has been the worst performing stock in its
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