Login/Register

Market Buzz News

Market buzz

Director dealings: Biopharma Credit director buys after IPO

Director dealings: Biopharma Credit director buys after IPO

Wed, 29 March 2017

(ShareCast News) - Biopharma Credit director Colin Bond has snapped up £100,000 of shares in the newly listed investment trust, which is focused on generating sustainable income distributions from exp... [more]

Sector movers: Financial services, oil firms gush higher

Sector movers: Financial services, oil firms gush higher

Wed, 29 March 2017

(ShareCast News) - Financial services firms stood out on Wednesday, as an upgrade out of Morgan Stanley boosted stock in 3i to the top of the leaderboard on the Footsie. The American broker spied unde... [more]

Morgan Stanley upgrades 3i to 'Overweight' touting long-term value of Action

Morgan Stanley upgrades 3i to 'Overweight' touting long-term value of Action

Wed, 29 March 2017

(ShareCast News) - Analysts at Morgan Stanley upgraded their recommendation on shares of 3i and revised their target price higher, arguing the company's holding in retailer Action was higher than what... [more]

Acacia, Polymetal hit by JPM downgrade

Acacia, Polymetal hit by JPM downgrade

Wed, 29 March 2017

(ShareCast News) - JP Morgan Cazenove cut its stance on Acacia Mining to 'neutral' from 'overweight' and chopped the target price to 500p from 610p, saying the Tanzanian concentrate ban highlights nea... [more]

Broker tips: Tesco, Acacia Mining

Broker tips: Tesco, Acacia Mining

Wed, 29 March 2017

(ShareCast News) - Following Tesco agreeing to pay a £129m fine over its accounting scandal, HSBC has reiterated its 'buy' rating and 260p target price. The bank believes that while the supermarket's ... [more]

Wednesday broker round-up

Wed, 29 March 2017

(ShareCast News) - Tesco: HSBC reiterates Buy with a target price of 260p. AA: Citigroup reiterates Buy with a target price of 385p. Rolls-Royce: Deutsche Bank reiterates Sell with a target price of ... [more]

HSBC expects Tesco's fine will draw line under accounting scandal

Wed, 29 March 2017

(ShareCast News) - Following Tesco agreeing to pay a £129m fine over its accounting scandal, HSBC has reiterated its 'buy' rating and 260p target price. The bank believes that while the supermarket's ... [more]

Wednesday newspaper round-up: Brexit, FTSE diversity, Sports Direct

Wed, 29 March 2017

(ShareCast News) - Fruit and vegetables, flowers and olive oil will all become more expensive once the UK leaves the EU, no matter what trade deal is struck, City analysts have calculated. The price o... [more]

Director dealings: XL Media chief shuffles his stake

Tue, 28 March 2017

(ShareCast News) - XL Media chief executive Ory Weihs rearranged his shareholding in the AIM-listed, dividend paying digital performance marketing company, by selling £4.9m of indirectly held shares a... [more]

London close: Nothing much ado amid investor caution on Brexit-eve day

Tue, 28 March 2017

(ShareCast News) - Stocks in London drifted through Brexit-eve day to a positive bias as investors displayed caution ahead of Prime Minister Theresa triggering Article 50 of the Lisbon Treaty on Wedne... [more]

Sector movers: China news boosts commodity stocks

Tue, 28 March 2017

(ShareCast News) - Commodity-related stocks paced gains in the market on Tuesday amid favourable news for the sector out of China and from key OPEC producer Iran. Industrial Metals & Mining was top of... [more]

Broker tips: Inmarsat, defensive and cyclical shares

Tue, 28 March 2017

(ShareCast News) - Satellite communications services provider Inmarsat got a boost on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target... [more]

Credit Suisse reiterates preference for Defensives

Tue, 28 March 2017

(ShareCast News) - Strategists at Credit Suisse said they preferred Defensive shares over Cyclicals, albeit with one exception, financials, which led them to reiterate their 'benchmark' stance towards... [more]

Wednesday preview: Triggering Article 50 is only the beginning

Tue, 28 March 2017

(ShareCast News) - On Wednesday, Theresa May will fire the trigger on the two-year negotiating process to separate Britain from the European Union by triggering of Article 50 of the Lisbon treaty - th... [more]

RBC Capital upgrades Inmarsat on possible China deal, M&A

Tue, 28 March 2017

(ShareCast News) - Satellite communications services provider Inmarsat got a boost on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target... [more]

Tuesday newspaper round-up: Brexit trade deal, credit worries, Tesco, Santander

Tue, 28 March 2017

(ShareCast News) - European diplomats based in the UK say the British government is stepping back from its threat to leave the EU without a trade deal if negotiations break down. In private, say diplo... [more]

Directors dealings: Babcock chief, chairman buy on weakness

Mon, 27 March 2017

(ShareCast News) - Babcock's boss and chairman both picked up shares in the company they lead at the start of the week. Earlier on Monday, it emerged that Westminster would compensate America's Bechte... [more]

London close: FTSE falls on resources, financials as Trump's ability to deliver scrutinised

Mon, 27 March 2017

(ShareCast News) - Equities in London closed the day much lower with investors selling resources stocks and heading for gold on doubts about whether US President Donald Trump will be able to deliver o... [more]

Broker tips: Ryanair, Tullow Oil, Berendsen

Mon, 27 March 2017

(ShareCast News) - Bank of America Merrill Lynch upgraded Ryanair to 'neutral' from 'underperform' and lifted the price target to €15.30 from €12.50 as it took a look at the airlines sector.... [more]

Tuesday preview: Ladbrokes Coral and Wolseley results due

Mon, 27 March 2017

(ShareCast News) - Tuesday's financial calendar sees Ladbrokes Coral and Wolseley among the larger of those reporting results, while headlines may be grabbed by the Scottish Parliament as it votes on ... [more]

Monday broker round-up

Mon, 27 March 2017

(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to Neutral with a target price of 200.6p. ICAG: BoA Merrill Lynch downgrades to Underperform with a target price of 500p. Lloyds Banking Group: B... [more]

Berendsen hit by RBC Capital downgrade

Mon, 27 March 2017

(ShareCast News) - Commercial laundry group Berendsen was under the cosh as RBC Capital Markets cut the stock to 'underperform' versus 'outperform' and slashed the price target to 660p from 950p sayin... [more]

BofA Merrill Lynch upgrades Ryanair, downgrades IAG

Mon, 27 March 2017

(ShareCast News) - Bank of America Merrill Lynch upgraded Ryanair to 'neutral' from 'underperform' and lifted the price target to €15.30 from €12.50 as it took a look at the airlines sector.... [more]

Tullow Oil's risk and rewards 'roughly balanced' says Goldman Sachs

Mon, 27 March 2017

(ShareCast News) - Goldman Sachs upgraded Tullow Oil to 'neutral' from 'sell' and lowered its target price to 200.6p from 207.4p, as it sees the company having a more balanced risk and reward followin... [more]

Monday newspaper round-up: Opec, RBS, aerospace, council tax

Mon, 27 March 2017

(ShareCast News) - Opec ministers are to consider extending their agreement to curb supplies for a further six months, the cartel said yesterday as it reported high levels of compliance with the deal ... [more]