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Wednesday broker round-up

Wed, 06th Mar 2019 13:39

(Sharecast News) - Ibstock: UBS downgrades to neutral with a target price of 270p.Taylor Wimpey: Berenberg reiterates buy with a target price of 200p.Bovis Homes: Berenberg reiterates buy with a target price of 1,230p.Persimmon: Berenberg reiterates hold with a target price of 2,630p.Coats Group: Berenberg reiterates buy with a target price of 100p.ITV: Berenberg reiterates hold with a target price of 150p.Ashtead: Deutsche Bank reiterates hold with a target price of 2,050p.Mondi: Deutsche Bank reiterates buy with a target price of 2,200p.TalkTalk: Deutsche Bank reiterates buy with a target price of 173p.Jackpotjoy: Peel Hunt initiates hold with a target price of 725p.IWG: Peel Hunt reiterates hold with a target price of 190p.Biffa: Peel Hunt reiterates buy with a target price of 246p.PageGroup: Liberum upgrades to buy with a target price of 590p.Base Resources: Canaccord reiterates buy with a target price of 30p.Tyman: Canaccord reiterates buy with a target price of 300p.Jupiter Fund Management: Berenberg reiterates hold with a target price of 357p.Aggreko: Berenberg reiterates sell with a target price of 600p.Burberry: Goldman Sachs downgrades to sell with a target price of 1,855p.RSA Insurance Group: UBS upgrades to buy with a target price of 600p.Rio Tinto: UBS downgrades to neutral with a target price of 4,500p.
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23 Jan 2017 12:03

LONDON MARKET MIDDAY: Rebound In Pound Hits Stocks As Trump Era Begins

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23 Jan 2017 10:41

WINNERS & LOSERS SUMMARY: Paradise For Eden Research, Edenville Energy

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23 Jan 2017 08:35

LONDON MARKET OPEN: Paddy Power Betfair Down; Bovis Homes, Berkeley Up

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22 Jan 2017 19:17

Investor Schroders plots Bovis merger with Berkeley - Sunday Times

Jan 22 (Reuters) - Bovis Homes Group Plc investor Schroder Investment Management has written to Berkeley Group Holdings Plc, urging the London builder to consider an all-share merger with its smaller rival, the Sunday Times reported. Housebuilder Redrow Plc is monitoring the situation after

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22 Jan 2017 15:04

Sunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes

(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba

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11 Jan 2017 09:36

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

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9 Jan 2017 11:25

REFILE-UPDATE 1-Bovis Homes chief executive pays price for profit warning

(Fixes grammar in headline) * David Ritchie leaves in wake of profit warning * Builder failed to complete planned number of homes in 2016 * Finance director appointed interim CEO LONDON, Jan 9 (Reuters) - Bovis Homes said its chief executive David Ritchie had quit just day

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9 Jan 2017 07:38

Bovis Homes chief executive David Ritchie steps down

(ShareCast News) - FTSE 250 housebuilder Bovis Homes said on Monday that its chief executive, David Ritchie, will step down from the company with immediate effect but will stay on until February to help with the transition process. Bovis, which posted three profit warnings under Ritchie's watch, has

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9 Jan 2017 07:37

TOP NEWS: Bovis Homes Chief Executive Ritchie Steps Down Immediately

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9 Jan 2017 07:12

Bovis Homes chief executive steps down after profit warning

LONDON, Jan 9 (Reuters) - British housebuilder Bovis Homes said its chief executive David Ritchie had stepped down with immediate effect, days after it warned on profit because it failed to complete the number of homes it expected at the end of 2016. The company said on Monday it had appoi

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4 Jan 2017 15:52

Broker tips: Shell, Bovis Homes, housebuilders

(ShareCast News) - RBC Capital Markets upgraded Royal Dutch Shell to 'outperform' from 'sector perform', keeping the price target at 2,500p. The bank said the recent OPEC and non-OPEC supply deals have put the oil market on a much firmer footing, removing some of its tail-risk concerns for the oil g

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4 Jan 2017 14:30

Wednesday broker round-up

(ShareCast News) - British American Tobacco: UBS reiterates hold with a target price of 5150p. Bovis: Jefferies reiterates hold, 886p target. Royal Dutch Shell: RBC upgrades to outperform with a 2500p target. Imperial Brands: Berenberg reiterates buy with a 4280p target. Barratt Developments: Deu

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4 Jan 2017 12:14

Housebuilders climb as Deutsche highlights sector's value, yields, risks

(ShareCast News) - Deutsche Bank has highlighted the "significant" value in the UK housebuilders sector, singling out Taylor Wimpey as its top pick and upgrading McCarthy & Stone onto its 'buy' list. Noting that investor appetite for UK focused stocks has subsided in light of risks around Brexit, De

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4 Jan 2017 08:48

Jefferies downgrades Bovis to 'hold' due to failure to meet rising demand

(ShareCast News) - Jefferies downgraded British housebuilder Bovis Homes to 'hold' from 'buy' and lowered its price target to 886p from 1,110p. Bovis has been unable to cope with an increase in the demand for houses falling short on the number of homes it hoped to deliver by year end, with 180 homes

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29 Dec 2016 08:32

UPDATE 1-UK house prices rise in Dec, slowdown likely in 2017 - Nationwide

* Prices rise 4.5 pct y/y, faster than expected * Nationwide says house price growth to slow in 2017 * Shortage of new homes expected to underpin prices (Adds reaction, detail) LONDON, Dec 29 (Reuters) - British house prices rose faster than expected in December, but the pace

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