Broker Forecast - Morgan Stanley issues a broker note on BAE Systems Plc

Morgan Stanley today upgrades its investment rating on BAE Systems Plc (LON:BA.) to overweight (from equal weight) and cut its price target to 625p (from...

Tue, 28/04/2020 - 08:40


UK stocks open flat as BP, HSBC profits sink

UK stocks tracked sideways at the open on Tuesday as optimism sparked by tentitive government efforts to re-open economies were offset by disappointing results from...

Tue, 28/04/2020 - 08:39


Forterra to resume manufacturing this week as housebuilders set to begin phased re-opening

Manufactured masonry products producer Forterra said it would resume manufacturing at one of its plants with a further two set to open in May after...

Tue, 28/04/2020 - 08:31


Broker Forecast - Oddo issues a broker note on Diageo PLC

Oddo today upgrades its investment rating on Diageo PLC (LON:DGE) to buy (from neutral) and raised its price target to 3130p (from 2480p).

Broker Forecasts...

Tue, 28/04/2020 - 08:30


Broker Forecast - Citigroup issues a broker note on InterContinental Hotels Group PLC

Citigroup today reaffirms its sell investment rating on InterContinental Hotels Group PLC (LON:IHG) and cut its price target to 2750p (from 2800p).

Broker Forecasts data...

Tue, 28/04/2020 - 08:20


IQE swings to loss as Covid-19 crisis dampens demand

Semiconductor materials provider IQE swung to a loss as the Covid-19 crisis hurt demand for semiconductor components. The company said, however, that trading in the...

Tue, 28/04/2020 - 08:16


Broker Forecast - Citigroup issues a broker note on Filtrona

Citigroup today downgrades its investment rating on Filtrona (LON:FLTR) to sell (from neutral) and raised its price target to 7200p (from 5508p).

Broker Forecasts data...

Tue, 28/04/2020 - 08:10


HSBC warns of 'material reduction' in profit on higher credit losses amid oil prices slump, Covid-19 crisis

HSBC warned of a 'material reduction' in profit this year after reporting a 48% plunge in first-quarter profit as lower revenue and a ramp-up in...

Tue, 28/04/2020 - 08:08


Broker Forecast - Goldman Sachs issues a broker note on Melrose PLC

Goldman Sachs today downgrades its investment rating on Melrose PLC (LON:MRO) to neutral (from buy) and cut its price target to 100p (from 130p).

Broker...

Tue, 28/04/2020 - 08:00


RTC rules out 2020 dividend; cuts management pay

Recruitment and conferencing group RTC said it would not pay a dividend for 2020 and had cut director and senior manager pay by 20% due...

Tue, 28/04/2020 - 07:59


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