Login/Register

Market Buzz News

Market buzz

HSBC upgrades Stagecoach, despite longer-term doubts around dividend

HSBC upgrades Stagecoach, despite longer-term doubts around dividend

Wed, 20 September 2017

(ShareCast News) - Ahead of Stagecoach's 28 September trading update, HSBC bumped up its recommendation for the shares from 'reduce' to 'hold', telling clients they thought it was right to exercise c... [more]

JP Morgan lowers 2018 EPS estimate for BAE on Sterling, Saudi headwind

JP Morgan lowers 2018 EPS estimate for BAE on Sterling, Saudi headwind

Wed, 20 September 2017

(ShareCast News) - Analysts at JP Morgan pared their 2018 earnings per share estimate for BAE Systems again, telling clients they believed they had underestimated the headwind from the end of Eurofigh... [more]

RBC Capital upgrades Nostrum to 'outperform' after recent weakness

RBC Capital upgrades Nostrum to 'outperform' after recent weakness

Wed, 20 September 2017

(ShareCast News) - RBC Capital Markets upgraded Nostrum Oil & Gas to 'outperform' from 'sector perform' saying recent weakness is an opportunity and its discount to peers it set to unwind as it delive... [more]

Metro Bank set for suburban slowdown, cautions Macquarie

Metro Bank set for suburban slowdown, cautions Macquarie

Wed, 20 September 2017

(ShareCast News) - Metro Bank's rapid growth and margins will begin to decline as it expands into "less wealthy" London suburbs, said Macquarie Capital as it initiated coverage on the challenger bank ... [more]

Thursday preview: Capita guidance and UK public sector debt under spotlight

Thursday preview: Capita guidance and UK public sector debt under spotlight

Wed, 20 September 2017

(ShareCast News) - Thursday in Europe will initially see any fallout from the US policy adjustments overnight, while in the UK Capita and Mitchells & Butlers investors have results to pore over, with ... [more]

Goldman Sachs upgrades Aveva to 'neutral' on Schneider deal

Wed, 20 September 2017

(ShareCast News) - Goldman Sachs upgraded Aveva to 'neutral' from 'sell' and lifted the price target to 2,400p from 1,850p following news it will be bought by French industrial group Schneider Electri... [more]

Wednesday broker round-up

Wed, 20 September 2017

(ShareCast News) - Stagecoach: HSBC upgrades to Hold with a target price of 160p. Aveva: Goldman Sachs upgrades to Neutral with a target price of 2400p. Tesco: Deutsche Bank reiterates Buy with a tar... [more]

Wednesday newspaper round-up: Takeover rules, defence cuts, hotel issues

Wed, 20 September 2017

(ShareCast News) - Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head office and research and development investment, under ... [more]

Broker tips: Debenhams, Gym Group, Tullow Oil, Ophir Energy

Tue, 19 September 2017

(ShareCast News) - Investec reiterated its 'sell' recommendation on Debenham's on the back of expectations for foreign exchange headwinds, unanswered questions around execution and profitability and t... [more]

Wednesday preview: Fed to announce policy tightening, UK retail sales due

Tue, 19 September 2017

(ShareCast News) - Results from Kingfisher and Babcock, followed by official data on UK retail sales will for many traders prove only an hors d'œuvre for the US Federal Reserve's policy announcem... [more]

Investec says Debenhams dividend may be unsustainable

Tue, 19 September 2017

(ShareCast News) - Investec reiterated its 'sell' recommendation on Debenham's on the back of expectations for foreign exchange headwinds, unanswered questions around execution and profitability and t... [more]

Barclays ups target price for Gym Group

Tue, 19 September 2017

(ShareCast News) - Barclays Research upped its target on shares of Gym Group from 230p to 250p following its first acquisition since the group floated, purchasing 18 gyms from Lifestyle Fitness. On th... [more]

Credit Suisse upgrades Tullow Oil, downgrades Ophir Energy

Tue, 19 September 2017

(ShareCast News) - Analysts at Credit Suisse rejigged their recommendations for European Exploration and Production outfits, telling clients the sector was better positioned to emerge from the cycle, ... [more]

Tuesday broker round-up

Tue, 19 September 2017

(ShareCast News) - Asos: Credit Suisse upgrades to Neutral with a target price of 5600p. Forterra: Jefferies reiterates Buy with a target price of 390p. Debenhams: Investec reiterates Sell with a tar... [more]

Tuesday newspaper round-up: FCA debt warning, Hurricane Maria, Trump at the UN

Tue, 19 September 2017

(ShareCast News) - The government needs to step in to help tackle the mountain of debt being racked up by the most vulnerable consumers in Britain, the chief financial regulator has warned, as new dat... [more]

Rotork's margin plans deserve higher rating, UBS says as it upgrades

Mon, 18 September 2017

(ShareCast News) - Rotork's plans to improve profit margins can spark a return to a premium rating, said UBS as it upgraded the industrial valves specialist and hiked its share price target. UBS upgra... [more]

Tuesday preview: Updates from Ocado, Keywords and French Connection

Mon, 18 September 2017

(ShareCast News) - In the absence of any major UK items in the diary, Tuesday may be given over more to small and mid cap company news, with only Ocado joined by Keywords Studios and French Connection... [more]

Motor insurance prices 'likely to stay flat', Deutsche upgrades Admiral

Mon, 18 September 2017

(ShareCast News) - Motor insurance pricing is set to hold steady as companies benefit from another shift in the sector's dynamics, Deutsche Bank said as it recommendation on Admiral and kept Direct Li... [more]

Monday broker round-up

Mon, 18 September 2017

(ShareCast News) - Ricardo: Berenberg downgrades to Sell with a target price of 680p. Admiral: Deutsche Bank upgrades to Hold with a target price of 1880p. Barclays: HSBC reiterates Buy with a target... [more]

Monday newspaper round-up: 'Footnotes' debt, trains, housebuilders, gambling

Mon, 18 September 2017

(ShareCast News) - The world's top financial watchdog has uncovered $14 trillion of global dollar debt hidden in derivatives and swap contracts, a startling sum that doubles the underlying levels of o... [more]

Sunday share tips: Drax, Purplebricks

Sun, 17 September 2017

(ShareCast News) - In The Sunday Times' Inside the City column, John Collingridge looks at power generator Drax - owner of the Drax power station in North Yorkshire, which less-than-proudly bears the ... [more]

Barclays calls 'No Joy' on Morrisons after latest set of interims

Fri, 15 September 2017

(ShareCast News) - Barclays reiterated its 'underweight' recommendation on Morrisons stock and trimmed its target price for it, pointing out various potentially disappointing signs in its latest set o... [more]

N Brown's plus-size catwalk event impresses fashion press, City analysts

Fri, 15 September 2017

(ShareCast News) - Retailer N Brown received rave reviews for a West End catwalk event featuring several high-profile plus-size models to launch its new fashion ranges and a new US web platform, with ... [more]

RBC Capital ups Petrofac to 'sector perform', highlights contract awards

Fri, 15 September 2017

(ShareCast News) - RBC Capital Markets upgraded Petrofac to 'sector perform' form 'underperform' and lifted the price target to 500p from 420p. The bank said that a number of contract wins for the oil... [more]

Carnival cruising into yield squall due to demand threats - Credit Suisse

Fri, 15 September 2017

(ShareCast News) - Cruise ship operator Carnival's earnings growth is likely to slow as its significant growth in capacity comes amid greater demand threats in the Caribbean, Mediterranean and China, ... [more]