Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIbstock Share News (IBST)

Share Price Information for Ibstock (IBST)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 158.00
Bid: 157.60
Ask: 158.40
Change: 0.00 (0.00%)
Spread: 0.80 (0.508%)
Open: 161.00
High: 161.00
Low: 156.80
Prev. Close: 158.00
IBST Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Ocado Shares Up; Big AIM Risers Amid M&A

Mon, 02nd Nov 2020 11:01

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.

----------

FTSE 100 - WINNERS

----------

Ocado Group, up 8.3%. The online retailer boosted earnings guidance and unveiled two acquisitions. For the financial year to the end of November, Ocado has raised its Ebitda guidance and expects the figure to be over GBP60 million, compared to previous guidance of GBP40 million. This means a minimum of a 39% rise from GBP43.3 million the year before.

----------

J Sainsbury, up 2.6%, Tesco, up 2.4% and Just Eat Takeaway, up 2.9%. The trio are among those tipped to benefit from the latest UK lockdown. Ahead of the Spring lockdown, grocers were boosted by consumer stockpiling and food delivery firms like Just Eat Takeaway, received a helpful tailwind from restaurant restrictions that banned in-dining. Supermarkets will be allowed to stay open during the upcoming lockdown in England, and restaurants will be allowed to sell food for takeaway and delivery.

----------

FTSE 100 - LOSERS

----------

JD Sports Fashion, down 3.7%, and International Consolidated Airlines Group, down 2.9%. The non-essential retail sector will be forced to close high street units as a result of lockdown measures, hurting JD Sports, while the British Airways owner IAG will see already low levels of demand for international travel take a further hit due to the new restrictions, which ban overnight travel for non-essential reasons.

----------

FTSE 250 - WINNERS

----------

Carnival, up 6.9%. US health authorities late Friday issued a detailed set of requirements that would allow cruise ships to resume services as early as next month. The requirements for a "phased resumption" of cruise ship passenger operations were released by the US Centers for Disease Control & Prevention. This would include "simulated voyages to test cruise ship operators' ability to mitigate Covid-19 risk," the CDC said.

----------

FTSE 250 - LOSERS

----------

Serco, down 12%. The outsourcer was dealt a blow as the UK's Ministry of Defence renationalised the Atomic Weapons Establishment. AWE was managed by a joint-venture with Lockheed Martin and Jacobs since 2000. Serco and Jacobs each had a 24.5% stake in AWE and Lockheed 51%.

----------

Ibstock, down 6.2%. Deutsche Bank cut the brick maker to Hold from Buy.

----------

OTHER MAIN MARKET AND AIM - WINNERS

----------

Horizon Discovery, shares more than doubled. The life sciences firm agreed to a GBP296 million takeover from PerkinElmer, or 185 pence per share. Horizon shares closed at 88.8p on Friday. PerkinElmer has received irrevocable undertakings in respect to 21% of Horizon shares.

----------

LiDCO Group, up 71%. The medical devices firm agreed to a GBP31.1 million takeover from Masimo LHC. The 12p per share offer price is a 78% premium to LiDCO's 6.75p closing price on Friday. Masimo has received the support of 38% of LiDCO shares so far.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

Pathfinder Minerals PLC, down 26%. Says the prospects of settling a dispute over a Mozambique licence with its former partners "have diminished" and company may seek recourse against the government of Mozambique. Pathfinder asserts Mozambique "acted improperly" and had no legal right to take away the licences from the company back in 2011.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
2 Sep 2020 09:31

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Ferguson And Kingspan

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Ferguson And Kingspan

Read more
7 Aug 2020 10:03

Canaccord lowers target price on Ibstock

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on brick maker Ibstock from 213.0p to 186.0p on Friday, stating it was still waiting for operational leverage to the upside.

Read more
7 Aug 2020 09:41

UK BROKER RATINGS SUMMARY: Jefferies Starts Greggs With Buy Rating

UK BROKER RATINGS SUMMARY: Jefferies Starts Greggs With Buy Rating

Read more
6 Aug 2020 10:56

Ibstock Swings To Loss As Sales Fall On Covid-Led Halt To Construction

Ibstock Swings To Loss As Sales Fall On Covid-Led Halt To Construction

Read more
6 Aug 2020 08:29

Ibstock swings to first-half loss on coronavirus lockdowns

(Sharecast News) - Brickmaker Ibstock swung to a first-half loss as the coronavirus lockdowns halted building activity, but reported a pickup in July after government restrictions were eased.

Read more
30 Jul 2020 16:06

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
28 Jul 2020 13:53

Tuesday broker round-up

(Sharecast News) - Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500.0p.

Read more
28 Jul 2020 09:58

UK BROKER RATINGS SUMMARY: Centrica Gets Upgrades From Jefferies, BofA

UK BROKER RATINGS SUMMARY: Centrica Gets Upgrades From Jefferies, BofA

Read more
24 Jul 2020 17:59

IN BRIEF: Ibstock's Clay Managing Director Kate Tinsley Leaves Board

IN BRIEF: Ibstock's Clay Managing Director Kate Tinsley Leaves Board

Read more
21 Jul 2020 09:24

UK BROKER RATINGS SUMMARY: Barclays Raises Babcock To Overweight

UK BROKER RATINGS SUMMARY: Barclays Raises Babcock To Overweight

Read more
15 Jul 2020 09:49

UK BROKER RATINGS SUMMARY: Goldman Starts Glencore With Buy Rating

UK BROKER RATINGS SUMMARY: Goldman Starts Glencore With Buy Rating

Read more
8 Jun 2020 09:31

UK BROKER RATINGS SUMMARY: RBC Cuts JD Sports And Raises Kingfisher

UK BROKER RATINGS SUMMARY: RBC Cuts JD Sports And Raises Kingfisher

Read more
3 Jun 2020 15:00

CORRECT: Ibstock To Cut Up To 375 Jobs As Construction Halt Hits Sales

CORRECT: Ibstock To Cut Up To 375 Jobs As Construction Halt Hits Sales

Read more
3 Jun 2020 10:03

UK BROKER RATINGS SUMMARY: Jefferies Ups M&S To Buy, Cuts B&M To Hold

UK BROKER RATINGS SUMMARY: Jefferies Ups M&S To Buy, Cuts B&M To Hold

Read more
3 Jun 2020 09:52

Ibstock To Cut 375 Roles As Sales Fall Amid Halt In Construction

Ibstock To Cut 375 Roles As Sales Fall Amid Halt In Construction

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.