UK stocks open 0.4% higher as SSE, Serco, Boohoo updates please

UK stocks opened higher on Wednesday, buoyed by positive corporate trading updates from the likes of SSE, Serco and Boohoo.

At 0824, the benchmark FTSE...

Wed, 17/06/2020 - 08:34


Broker Forecast - Barclays Capital issues a broker note on Ashtead Group PLC

Barclays Capital today reaffirms its overweight investment rating on Ashtead Group PLC (LON:AHT) and raised its price target to 2790p (from 2700p).

Broker Forecasts data...

Wed, 17/06/2020 - 08:30


BHP appoints David Lamont as CFO

Mining company BHP said it had appointed David Lamont as chief financial officer effective from 1 December 2020.

Lamont had been the CFO of...

Wed, 17/06/2020 - 08:29


Ezz Steel swings to loss on falling steel sales

Steel producer Ezz Steel swung to an earnings loss on a decline in steel sales.

For the year ended 31 December, the company reported losses...

Wed, 17/06/2020 - 08:27


Broker Forecast - Deutsche Bank issues a broker note on Ashtead Group PLC

Deutsche Bank today reaffirms its hold investment rating on Ashtead Group PLC (LON:AHT) and raised its price target to 2100p (from 2000p).

Broker Forecasts data...

Wed, 17/06/2020 - 08:20


Broker Forecast - Deutsche Bank issues a broker note on Barratt Developments PLC

Deutsche Bank today reaffirms its buy investment rating on Barratt Developments PLC (LON:BDEV) and raised its price target to 589p (from 553p).

Broker Forecasts data...

Wed, 17/06/2020 - 08:10


Wincanton profit slips 9.9% owing to Covid-19 writedowns

Logistics company Wincanton posted a 9.9% fall in annual profit after it wrote down the value of its assets, citing the Covid-19 crisis.

Pre-tax profit...

Wed, 17/06/2020 - 08:05


Hill & Smith sees 'modest recovery' in May, but remains wary amid market uncertainty

Infrastructure products supplier Hill & Smith said it had seen a 'modest recovery' in performance in May as lockdown measures eased, but stressed it remained...

Wed, 17/06/2020 - 08:02


Broker Forecast - Peel Hunt issues a broker note on Morgan Advanced Materials

Peel Hunt today reaffirms its buy investment rating on Morgan Advanced Materials (LON:MGAM) and raised its price target to 300p (from 295p).

Broker Forecasts data...

Wed, 17/06/2020 - 08:00


Boohoo expects performance to top expectations; buys Oasis, Warehouse for £5.25m

Online fashion retailer Boohoo said it expected annual performance to top market expectations after reporting a jump in revenue in the first quarter, led by...

Wed, 17/06/2020 - 07:57


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