UPDATE 1-Logistics group Wincanton drops out of race for Eddie Stobart Mon, 25th Nov 2019 16:40Thomson Reuters Nov 25 (Reuters) - Logistics company Wincanton Plc said on Monday its board had decided to not pursue a buyout offer for Eddie Stobart Logistics, citing concerns about the target's financial performance and liquidity.
Standard Life Aberdeen PLC logoGoldman Sachs Group reaffirmed their buy rating on shares of Standard Life Aberdeen (LON:SLA) in a research report report published on Wednesday, Stock Target Advisor reports. The firm currently has a GBX 340 ($4.44) target price on the stock, up from their previous target price of GBX 315 ($4.12).
Stobart Group PLC reports ' strong strategic and operational first-half performance'
Stobart Group (LON:STOB) CEO Warwick Brady and CFO Lewis Girdwood highlight what they believe to be the 'significant growth potential' within its aviation division and in particular at London Southend airport.
Passenger numbers at the airport increased by 41.8% to 1.2 million in the six months to August 2019, with circa 2.3 million passengers expected for the year to February 2020.