Persimmon rallies on Jefferies upgrade

27th Sep 2019 07:45

(Sharecast News) - Persimmon got a boost on Friday after Jefferies upgraded its stance on shares of the housebuilder to 'buy' from 'hold' and said it was now among its preferred picks in the sector, along with Berkeley and Countryside Properties.

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Wednesday broker round-up

25th Sep 2019 12:46

(Sharecast News) - Frontier Developments: Credit Suisse initiates outperform with a target price of 1,490p.

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On The Market inks advertising agreement with Barratt Developments

11th Sep 2019 10:40

(Sharecast News) - Property website On The Market said it had signed a portal listing and additional advertising agreement with Britain's largest housebuilder, Barratt Developments.

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Canaccord raises price target on Barratt following recent 'good progress'

5th Sep 2019 11:44

(Sharecast News) - Analysts at Canaccord Genuity upped their price target on British residential property development company Barratt Developments from 620.0p to 660.0p on Thursday, stating the group's recent "good progress" left it offering "good value in absolute terms".

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Wednesday broker round-up

4th Sep 2019 13:08

(Sharecast News) - Barratt Developments: Peel Hunt downgraded to hold with a target price of 650p.

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Barratt Developments profit jumps, volume growth seen at lower end of guidance

4th Sep 2019 07:25

(Sharecast News) - Barratt Developments reported a 9% increase in annual profit before tax on Wednesday but cautioned that volume growth would be towards the lower end of its medium-term target range in FY20.

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Housebuilders rally as Boris Johnson said to consider slashing stamp duty

28th Jun 2019 10:32

(Sharecast News) - London-listed housebuilders saw their shares rally on Friday as Tory leadership frontrunner Boris Johnson was said to be planning to slash stamp duty in the event of a no-deal Brexit budget.

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Barratt Developments buys UK timber frame manufacturer Oregon

27th Jun 2019 11:12

(Sharecast News) - Barratt Developments has acquired Oregon, one of the UK's largest timber frame manufacturers and one of the housebuilder's key suppliers, for an undisclosed sum.

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Housebuilders face competition probe over leases

17th May 2019 08:18

(Sharecast News) - The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.

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Barratt sees FY 'modestly ahead' of expectations

9th May 2019 08:15

(Sharecast News) - Housebuilder Barratt Developments on Thursday said it expected full year results to be "modestly" above expectations.

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Shore Capital slashes UK house builders amid 'weak' pricing

25th Apr 2019 11:06

(Sharecast News) - Analysts at Shore Capital slashed their ratings of UK house builders on Wednesday, cutting Barratt, Bovis and Taylor Wimpey from 'buy' to 'sell' and Bellway, Berkeley, Crest Nicholson, Persimmon and Redrow from 'buy' to 'hold'.

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Countryside is star buy for Jefferies in upbeat housebuilders report

2nd Apr 2019 08:38

(Sharecast News) - Countryside is the star share among UK housebuilders, Jefferies said as it started coverage of the industry with an upbeat report.

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Monday broker round-up

11th Feb 2019 13:38

(Sharecast News) - Metro Bank: Berenberg upgrades to hold with a target price of 1,200p.

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Liberum downgrades Barratt and Bovis on valuation

11th Feb 2019 12:01

(Sharecast News) - Liberum cut its stance on housebuilders Bovis Homes and Barratt Developments on Monday on valuation and performance grounds, as it took a look at the broader sector.

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House builders cutting infrastructure payments - NAO

8th Feb 2019 09:54

(Sharecast News) - House builders are cutting infrastructure payments to local councils for new developments while increasing their own profit margins and those contributions were failing to keep pace with property price rises, according to a report released on Friday.

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