(ShareCast News) - Spire Healthcare slumped after Investec cut its stance on the stock to 'sell' from 'hold' and slashed the price target to 234p from 375p, saying near-term risks are not fully reflected in the price. The brokerage said Spire is facing an uncertain future in the short-term, with NHS
(ShareCast News) - The London markets took a turn downhill after the ECB announced a 10 basis point cut to the deposit rate to -0.30%, as expected. After a morning of gains, the FTSE 250 was down 132.16 (0.75%) to 17,421.76 by mid-afternoon Thursday. Spire Healthcare led the fallers after Investec
(ShareCast News) - The disposal of ICAP's voice business has prompted Exane BNP Paribas to initiate coverage of the FTSE 250 company at 'outperform', with a target price of 590p. Tullett Prebon agreed to buy ICAP's hybrid voice broking and information business in an all-shares deal on 11 November.
(ShareCast News) - Jefferies downgraded Spire Healthcare to 'hold' from 'buy' and slashed the price target to 285p from 400p following the company's second profit warning in three months last week. It said the warning highlights the increasing uncertainty Spire faces as the NHS adjusts to the curren