GKN PLC Share News (GKN)

JPMorgan Cazenove lifts Bodycote to Neutral, hikes target price

(ShareCast News) - JPMorgan Cazenonve has upgraded Bodycote to Neutral, from Underweight, and hiked its target price on the stock. It remains Overweight on GKN, Oxford Instruments, Smiths and Spirax-Sarco, and Underweight on Fenner and Weir. The brokerage said first-half 2016 for UK Capital Goods s

Monday broker round-up

(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas

Monday newspaper round-up: Brexit chaos, Nigeria oil, house prices, ITV-ETO

(ShareCast News) - Leaving the EU may not not happen anytime soon given that civil servants charged with the task don't yet have an office and hold meetings in Starbucks. Some estimates suggest "full Brexit" may take 10 years and involve up to 10,000 people, not only in the new and other so-called "

Friday broker round-up

(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps

Broker tips: Brewin Dolphin, GKN, Drax

(ShareCast News) - RBC Capital Markets upgraded Brewin Dolphin Holdings to an 'outperform' rating from 'sector perform' on Wednesday after the company reported its third quarter interims. The investment management and financial planning firm said total income rose 1% to £71.3m in the third quarter,

GKN shares fall on Citi downgrade

(ShareCast News) - GKN shares fell on Wednesday as Citi downgraded the stock to 'neutral' from 'buy' and left its target price unchanged at 315p after the company reported a first half trading update. The maker of parts for automotive and aerospace sectors on Tuesday said pre-tax profit fell 14% to

WINNERS & LOSERS SUMMARY: BT Rises After Dodging Openreach Breakup

UPDATE 1-UK engineer GKN sticks to 2016 forecast, to cut costs

* H1 pretax profit up 12 pct to 344 mln stg * Plans to cut costs by 30 mln stg * Shares rise 2 pct (Adds detail, background) By Sarah Young LONDON, July 26 (Reuters) - British engineer GKN is sticking to a forecast for 2016 to show good growth, shrugging off uncertainty

GKN H1 profit drops but revenue boosted by acquisitions

(ShareCast News) - Engineer GKN reported a drop in first-half pre-tax profit and said it expects to book a charge in the second half of the year as it looks to cut costs, although revenue was boosted by acquisitions. For the six months ended 30 June, pre-tax profit fell 14% to £182m on sales of £4.2

Engineer GKN sticks to 2016 forecast for growth

LONDON, July 26 (Reuters) - British engineering company GKN stuck to a forecast for 2016 to be another year of growth as it said it would aim to cut costs by 30 million pounds ($39.32 million) to help boost next year's result. GKN, which makes parts for cars and planes, said on Tuesday tha

UK Earnings, Trading Statements Calendar - Next 7 Days

CORRECTED-Bond yield slump, low rates highlight UK pension shortfall risks

(Corrects paragraph 3 to say size of deficits exceeds 40 percent, not 50 percent) * Falling bond yields push UK pension deficits to record levels * Investors may be at risk from cash calls, analysts warn * FTSE 350 pension deficits: http://reut.rs/29DEudU * UK gilts and co

BROKER RATINGS SUMMARY: UBS Says Buy Foxtons And Sell Purplebricks

BROKER RATINGS SUMMARY: Jefferies And Liberum Downgrade UK Retailers

DIRECTOR DEALINGS: GKN Senior Executive Buys Shares