MCS.L Share News (MCS)

FTSE 250 movers: Clothing retailers outstrip weight of gold miners

(ShareCast News) - While its larger sibling fell into the red after soaring to record levels, the FTSE 250 was still in positive territory on Tuesday afternoon, as positive earnings reports provided good cheer. After some difficult months for the sector as weather played havoc with their seasonal sa

LONDON MARKET MIDDAY: Pound Plunge Continues To Lend Stocks Support

Broker tips: Jupiter Fund, McCarthy & Stone, miners

(ShareCast News) - Jupiter Fund Management got a boost on Tuesday as Barclays upgraded the stock to 'overweight' from 'equalweight' and lifted the price target to 525p from 420p to reflect a sector re-rating and earnings per share upgrades. The bank said Jupiter had "remarkably resilient" net inflow

Canaccord starts McCarthy & Stone at 'buy'

(ShareCast News) - Canaccord Genuity initiated coverage of McCarthy & Stone at 'buy' with a 185p price target, noting it is the dominant market leader with a strong brand in the private retirement housing market. "We have a generally positive view of the UK house-building sector and believe that McC

McCarthy & Stone's CFO steps down as it reports improved sales

(ShareCast News) - Retirement housebuilder McCarthy & Stone said trading had improved in the first few weeks of the financial year in comparison to the sharp fall it experienced after the Brexit vote, as the company announced that its chief financial officer was stepping down after five years. In a

Tuesday broker round-up

(ShareCast News) - Petra Diamonds: Citigroup reiterates buy with a target price of 120p; JP Morgan reiterates overweight with a 139p target. Bovis Homes: UBS upgrades to neutral, 910p target. Electrocomponents: Credit Suisse keeps at underperform with a 300p target. Easyjet: HSBC keeps at reduce w

Barratt Developments and Bovis Homes shares slide on UBS downgrade

(ShareCast News) - Barratt Developments and Bovis Homes were under the cosh on Tuesday after UBS downgraded the housebuilders to 'neutral' from 'buy' as it reviewed the sector. UBS said market dynamics have been "significantly more benign" in July and August following the UK's vote to leave the Euro

Monday broker round-up

(ShareCast News) - Autotrader: Barclays reiterates equal-weight with a target price of 375p. Hikma: Jefferies maintains buy with a 2500p target. Wood Group: Exane BNP Paribas upgrades to buy with a 815p target. Man Group: Citigroup upgrades to buy with a 137p target. McCarthy & Stone: Goldman Sac

McCarthy & Stone FY revenue up but warns of housing market weakness

(ShareCast News) - Shares in McCarthy & Stone slumped after the retirement housebuilder reported a rise in revenue in the year to the end of August but said there has been evidence of some weakness in the secondary housing market since its update at the end of June. In a trading update ahead of its

WINNERS & LOSERS SUMMARY: Persimmon Sweeps Aside Brexit Concerns

LONDON MARKET CLOSE: Oil Helps FTSE 100 Hit More Than One-Year High

WINNERS & LOSERS SUMMARY: Melrose Gains As Nortek Deal Moves Ahead

Housebuilders subside as Deutsche Bank slashes targets due to Brexit

(ShareCast News) - Deutsche Bank cut its price targets for all UK housebuilders in light of Brexit uncertainty, although the bank continued to be positive about the sector. Barrett Developments' target price was cut to 575p from 667p; Berkeley to 3,829p from 3,981p; Bovis to 1,190p from 1,322p; Bell

DIRECTOR DEALINGS: McCarthy & Stone Legal Chief Increases Shareholding

WINNERS & LOSERS SUMMARY: AB Foods And Sports Direct Up But M&S Down