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TravisPerkins


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UK's Travis Perkins gains as RBC lifts PT

BUZZ-UK's Travis Perkins gains as RBC lifts PT ** Building materials supplier Travis Perkins' TPK.L shares up 2.6% at 896.50p ** Brokerage RBC raises PT to 1,150p from 950p ** TPK's business is well positioned for new CEO who will take over next month - brokerage ** In July, Travis Perkins named former Taylor Wimpey TW.L Chief Executive Pete Redfer
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Alstom, Siemens, Tesco

EUROPE RESEARCH ROUNDUP-Alstom, Siemens, Tesco Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alstom, Siemens and Tesco, on Friday. HIGHLIGHTS * Alstom ALSO.PA : HSBC raises target price to EUR 26 from EUR 24 * Hexagon AB HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120 * Siemens AG SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150 * Tesco TSCO.L : Citigroup raises target price to 425p from 350p * Travis P
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BMW, Legrand, Sodexo

EUROPE RESEARCH ROUNDUP- BMW, Legrand, Sodexo Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Legrand and Sodexo, on Wednesday. HIGHLIGHTS * BMW BMWG.DE : HSBC cuts target price to EUR 85 from EUR 109 * Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral * Legrand LEGD.PA : JP Morgan raises to overweight from neutral * Phoenix PHNX.L : Peel Hunt cuts target price to 650p from 690p * Sodexo EXHO.PA : JP M
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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Barclays Bank, Ferrari, Volkswagen

EUROPE RESEARCH ROUNDUP-Barclays Bank, Ferrari, Volkswagen Sept 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays Bank, Ferrari and Volkswagen on Monday. HIGHLIGHTS * Barclays Bank BARC.L : Morgan Stanley raises target price to 300p from 290p * Ferrari RACE.MI : Citigroup raises target price to EUR 360 from EUR 334 * Mercedes-Benz Group AG MBGn.DE : Citigroup cuts target price to EUR 60 from EUR 65 * Shell Plc SHEL.L : HSB
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Top of the Street: Travis Perkins, Vestas, Holmen

BUZZ-Top of the Street: Travis Perkins, Vestas, Holmen A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Peel Hunt raises Travis Perkins TPK.L to "add" from "hold" saying the building materials supplier is well placed to recover thanks to better macro and the positive impact of the exit of Toolstation France ** Deutsche Bank cuts Vestas VWS.CO to "hold" from "buy" as it awaits "more consistent" results from the Danish wind turbines maker INITIATIONS AND RE
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Domino's Pizza Group, OSB Group, Travis Perkins

EUROPE RESEARCH ROUNDUP-Domino's Pizza Group, OSB Group, Travis Perkins Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Domino's Pizza Group, OSB Group and Travis Perkins, on Monday. HIGHLIGHTS * Domino's Pizza Group Plc DOM.L : Jefferies cuts target price to 400p from 430p * Holcim HOLN.S : Deutsche Bank raises to buy from hold * OSB Group OSBO.L : Peel Hunt cuts to hold from add * Travis Perkins TPK.L : Peel Hunt raises to
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Admiral Group, IAG, Keller Group

EUROPE RESEARCH ROUNDUP- Admiral Group, IAG, Keller Group Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral Group, IAG and Keller Group, on Wednesday. HIGHLIGHTS * Admiral Group Plc ADML.L : HSBC raises target price to 2700p from 2625p * IAG ICAG.L : Citigroup raises target price to 245p from 225p * Keller Group Plc KLR.L : Deutsche Bank raises target price to 1800p from 1550p * OCI NV OCI.AS : JP Morgan raises to overw
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FTSE 100 ends higher, helped by construction stocks

UPDATE 1-FTSE 100 ends higher, helped by construction stocks For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.2%, FTSE 250 adds 0.6% Construction and materials stocks lead broader gains Domino's Pizza Group slides after cutting FY profit outlook Updated at 1615 GMT By Purvi Agarwal and Roshan Abraham Aug 6 (Reuters) - British equities closed higher on Tuesday, buoyed by construction stocks, a day after a brutal sell-off acro
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UK's Travis Perkins bottoms FTSE midcap on profit forecast cut

BUZZ-UK's Travis Perkins bottoms FTSE midcap on profit forecast cut ** Shares of building materials supplier Travis Perkins TPK.L down 2.4% at 859p - top loser on FTSE midcap .FTMC index ** Cuts FY adj operating profit to 150 mln pounds ($191.33 mln) from prior expectations of 160 - 180 mln pounds ** HY adj operating profit fell 33% to 75 mln pound
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UK Stocks-Factors to watch on Aug 6

UK Stocks-Factors to watch on Aug 6 Aug 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 1.2%. * IHG: Holiday Inn-owner InterContinental Hotels Group IHG.L reported a 3.2% rise in revenue per available room (RevPAR) in the second quarter as a strong rebound in the United States offset weakness in China.
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Travis Perkins Sees FY Adj Oper Profit Around 150 Mln Stg

BRIEF-Travis Perkins Sees FY Adj Oper Profit Around 150 Mln Stg Aug 6 (Reuters) - Travis Perkins PLC TPK.L : HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024 FULL YEAR ADJUSTED OPERATING PROFIT EXPECTED TO BE AROUND £150M HY REVENUE DOWN 4.4% COMPARED TO PRIOR YEAR INTERIM DIVIDEND OF 5.5 PENCE PER SHARE (2023: 12.5 PENCE PER SHARE) CONTINU
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UK's Travis Perkins cuts annual earnings outlook in tough market

UPDATE 3-UK building materials firms Travis Perkins, SIG hurt by weak pricing Travis Perkins slashes FY profit guidance SIG's half-year profit declines 64% Travis Perkins shares down 1%, SIG down 2% Writes through; Adds share move (paragraph 10); Travis Perkins CFO comments (5-6); details on SIG financials (7 By Aby Jose Koilparambil Aug 6 (Reuters) - Building materials supplier Travis Perkins TPK.L cut its annual profit guidance while smaller industry peer SIG's half year profit slumped 64% SHI
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UK's Travis Perkins posts 33% decline in half-year profit

UK's Travis Perkins posts 33% decline in half-year profit Aug 6 (Reuters) - Building materials supplier Travis Perkins TPK.L posted a 33% decline in its first-half profit on Tuesday, weighed down by persistently subdued activity in the British homes sales market and construction sector. Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Su
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UK's Travis Perkins hits one-yr high as J.P. Morgan double upgrades to 'overweight'

BUZZ-UK's Travis Perkins hits one-yr high as J.P. Morgan double upgrades to 'overweight' ** Shares of British construction materials firm Travis Perkins TPK.L rise as much as 2.29% to 940 pence, highest level since May 2023 ** J.P. Morgan double upgrades stock to "overweight" from "underweight", hikes PT to 1100 pence from 610 pence ** Sees tailwinds for TPK from UK's new Labour government's housing policies; also sees strategic measures, including an exit on French Toolstation business, as mean
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Adidas, Antofagasta, Buzzi

EUROPE RESEARCH ROUNDUP-Adidas, Antofagasta, Buzzi July 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Antofagasta and Buzzi, on Monday. HIGHLIGHTS * Adidas ADSGN.DE : HSBC raises target price to EUR 300 from EUR 240 * Antofagasta ANTO.L : Peel Hunt raises to reduce from sell * Barry Callebaut AG BARN.S : Citigroup raises to buy from neutral * Buzzi BZU.MI : JP Morgan cuts to underweight from neutral * Solvay SOLB.BR : U
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European shares rise on real estate boost, Kongsberg shines

UPDATE 2-European shares rise on real estate boost, Kongsberg shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Kongsberg logs best day in over four years on strong Q2 results UK's Travis Perkins rises on CEO appointment STOXX 600 up 0.9% Updated at 1615 GMT By Shubham Batra and Shristi Achar A July 10 (Reuters) - E uropean shares advanced on Wednesday amid broad-based gains and upbeat corporate updates while investors digested more
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British stocks finish higher on precious miners boost

UPDATE 1-British stocks finish higher on precious miners boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.7%, FTSE 250 rises 1.4% Precious metal miners lead broader gains Barratt Developments falls after forecasting fall in homebuild targets Updated at 1550 GMT By Purvi Agarwal and Pranav Kashyap July 10 (Reuters) - London stocks closed higher on Wednesday thanks to a boost from precious metal miners, while hawkish com
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UK's Travis Perkins rises on CEO appointment

BUZZ-UK's Travis Perkins rises on CEO appointment ** Travis Perkins TPK.L up 2.4% at 820p ** British construction materials firm appoints Pete Redfern as new CEO ** Refern succeedes Nick Roberts who will step down on Sept 16 ** TPK shares fell about 3% YTD Reporting by Yamini Kalia in Bengaluru
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UK Stocks-Factors to watch on July 10

UPDATE 1-UK Stocks-Factors to watch on July 10 Adds news items, updates futures July 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0 .2%. * BARRATT: Britain's Barratt Developments BDEV.L forecast an up to 7% fall in its homebuild targets for fiscal year 2025, as elevated mortgage rates and broader economic concerns hold back recovery in the country's housing sector.
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