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Market buzz

Sector movers: BT, Smurfit Kappa move higher after hiking prices

Sector movers: BT, Smurfit Kappa move higher after hiking prices

Fri, 20 January 2017

(ShareCast News) - Cyclicals led gains, spearheaded by oil service and general industrial issues, alongside an advance in stock of BT Group after the UK telecoms incumbent let it be known it would be ... [more]

Directors dealings: Supergroup founder Dunkerton pares stake

Directors dealings: Supergroup founder Dunkerton pares stake

Fri, 20 January 2017

(ShareCast News) - Supergroup founder Julian Dunkerton sold a hefty amount of shares in the £1.25bn market cap fashion retailer, even as its shares continued to trade near their record highs. Dunkerto... [more]

Broker tips: Tesco, Sainsbury's, Whitbread, Pets at Home

Broker tips: Tesco, Sainsbury's, Whitbread, Pets at Home

Fri, 20 January 2017

(ShareCast News) - Exane BNP Paribas downgraded Tesco and Sainsbury on Friday as it took a look at food retail, leaving it with no buys in the UK. The bank cut Tesco to 'underperform' from 'neutral' a... [more]

JP Morgan bumps up target on Lloyds, positive on MBNA purchase

JP Morgan bumps up target on Lloyds, positive on MBNA purchase

Fri, 20 January 2017

(ShareCast News) - Analysts at JP Morgan raised their target price on shares of Lloyds, highlighting the lender´s "underappreciated" ability to generate capital while giving short shrift to some marke... [more]

Exane BNP downgrades Tesco, Sainsbury

Exane BNP downgrades Tesco, Sainsbury

Fri, 20 January 2017

(ShareCast News) - Exane BNP Paribas downgraded Tesco and Sainsbury on Friday as it took a look at food retail, leaving it with no buys in the UK. The bank cut Tesco to 'underperform' from 'neutral' a... [more]

Whitbread's shares bolstered by Barclays upgrade

Fri, 20 January 2017

(ShareCast News) - Whitbread's shares were given a boost on Friday after Barclays lifted its rating on the stock to 'equal weight' from 'underweight' and raised the target price to 4,150p from 3,340p.... [more]

Friday broker round-up

Fri, 20 January 2017

(ShareCast News) - Whitbread: Barclays upgrades to Equal Weight with target price of 4150p. Inmarsat: Deutsche Bank reiterates Buy with a target price of 1020p. Halfords Group: HSBC reiterates Buy wi... [more]

Pets at Home shares fall as HSBC cuts rating to 'hold'

Fri, 20 January 2017

(ShareCast News) - Pets at Home shares fell on Friday after HSBC downgraded the stock to 'hold' from 'buy' and lowered the target price to 230p from 290p after the company reported its third quarter t... [more]

Friday newspaper round-up: EasyJet, Ofgem, Brexit, Rolls-Royce

Fri, 20 January 2017

(ShareCast News) - A French court on Thursday fined British low-cost airline easyJet €60,000 (£52,000) for having refused to allow a disabled passenger to board for "security" reasons. The crimin... [more]

British American Tobacco´s valuation "very attractive", Citi says

Thu, 19 January 2017

(ShareCast News) - Analysts at Citi gave a strong endorsement of British American Tobacco, touting the company´s strong top line growth and the many benefits which wil accrue to shareholders as a resu... [more]

Thursday broker round-up

Thu, 19 January 2017

(ShareCast News) - G4S: Barclays upgrades to equal-weight with a target price of 260p. Weir: Credit Suisse reiterates outperform, 2200p target. Coca Cola HBC: Goldman Sachs upgrades to buy with a 212... [more]

Sector movers: REITS, electricity stocks drop

Thu, 19 January 2017

(ShareCast News) - Tobacco stocks rose to the top of the leaderboard after analysts at Citi sung the praises of British American. In a research note sent to clients, analysts Adam Spielman, Jemima Ben... [more]

Directors dealings: Spouse of Chemring´s finance boss buys in

Thu, 19 January 2017

(ShareCast News) - On 19 January, the spouse of Chemring´s finance chief, Karen Lewis, picked up 8,720 shares in the aerospace, defence and security goods manufacturer at an individual price of 173.74... [more]

Broker tips: Pearson, Tullow Oil, G4S

Thu, 19 January 2017

(ShareCast News) - Liberum slashed its price target on education publisher Pearson to 360p from 470p following the company's profit warning in the previous session. The brokerage said Pearson remains ... [more]

Citigroup downgrades Rightmove to 'sell'

Thu, 19 January 2017

(ShareCast News) - Citigroup downgraded Rightmove to 'sell' from 'neutral' but lifted the price target to 3,770p from 3,650p. The bank pointed to a muted growth outlook on 12-24 month basis and a rich... [more]

Friday preview: UK retail sales data, China GDP

Thu, 19 January 2017

(ShareCast News) - UK retail sales data will be under the microscope on Friday amid worries that an increase inflation and Brexit uncertainty will deter shoppers. Economists estimate the Office for Na... [more]

Liberum slashes Pearson price target after profit warning

Thu, 19 January 2017

(ShareCast News) - Liberum slashed its price target on education publisher Pearson to 360p from 470p following the company's profit warning in the previous session. The brokerage said Pearson remains ... [more]

Tullow Oil tanks on HSBC downgrade

Thu, 19 January 2017

(ShareCast News) - Tullow Oil tanked on Thursday after HSBC downgraded the stock to 'hold' from 'buy' but lifted the target price to 320p from 270p, saying the shares offer "limited upside". The oil e... [more]

G4S boosted by Barclays upgrade

Thu, 19 January 2017

(ShareCast News) - Security services company G4S got a boost after Barclays upped its stance on the stock to 'equalweight' from 'underweight' and hiked the price target to 260p from 160p. The bank sai... [more]

Thursday newspaper round-up: Yellen, Aussie trade deal, Rolls-Royce, Rics

Thu, 19 January 2017

(ShareCast News) - Janet Yellen, the chairman of the US Federal Reserve, said the economy had come a long way in recovering from the 2008 financial crisis and that she and her colleagues expect the ce... [more]

Sector movers: UK engineers, travel stocks lead gains

Wed, 18 January 2017

(ShareCast News) - The incoming newsflow drove the price action, by sectors, on the leaderboard, with cyclical issues figuring large among the best and worst performers of the session. Shares in steel... [more]

Director dealing: Numis founder Hemsley sells £6m of stock

Wed, 18 January 2017

(ShareCast News) - Oliver Hemsley has sold £5.8m worth of shares in Numis, the stockbroker which he founded and helmed for a quarter of century before stepping down last year. Hemsley, who is still a ... [more]

Morgan Stanley hikes Spectris target price ahead of strategic review

Wed, 18 January 2017

(ShareCast News) - Analysts at Morgan Stanley revised their target price on shares of Spectris higher ahead of the UK engineer´s strategic review, on 14 February. If the UK instruments and specialist ... [more]

Broker tips: Pearson, Inmarsat, Intercontinental Hotels

Wed, 18 January 2017

(ShareCast News) - Liberum said Pearson's major profit warning and accelerated plans to recover from the US higher education challenges to protect the dividend were "too little, too late". The FTSE 10... [more]

Thursday preview: Royal Mail reports third quarter trading update

Wed, 18 January 2017

(ShareCast News) - Royal Mail's third quarter trading update on Thursday is expected to show the London-listed company achieved strong volumes in parcel deliveries, offset by a decline in the struggli... [more]