Berenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreBarratt Developments profits rise as completions recover to pre-Covid levels
7th Sep 2022 07:15
(Sharecast News) - Barratt Developments announced a £200m share buyback on Wednesday and posted a rise in full-year profit and revenue as completions recovered to pre-pandemic levels.
Read moreHousebuilders slump as HSBC warns over downturn
2nd Sep 2022 14:10
(Sharecast News) - London-listed housebuilders were under the cosh on Friday after HSBC downgraded a raft of key names in the sector, cautioning over a downturn ahead.
Read moreCMA closes leasehold probe into Barratt for lack of evidence
16th Aug 2022 10:13
(Sharecast News) - The Competition and Markets Authority closed its leasehold case against Barratt Developments on Tuesday, citing a lack of evidence.
Read moreAG Barr LFL revenues rise in H1
2nd Aug 2022 10:07
(Sharecast News) - Drinks maker AG Barr said on Tuesday that interim revenues were expected to be approximately £157.0m, representing 19% like-for-like growth in revenues and a 16% rise on a reported revenue basis.
Read moreStrong demand boosts profits at Barratt
14th Jul 2022 07:01
(Sharecast News) - Barratt Developments said annual profits were on track to beat forecasts, after buoyant demand for new homes helped sales return to pre-pandemic levels.
Read moreBerenberg slightly lowers target price on Barratt Developments
6th May 2022 11:16
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on construction firm Barratt Developments from 810.0p to 790.0p but said it saw "no signs of a slowdown".
Read moreBarratt Developments on track for FY amid 'strong' demand
5th May 2022 08:14
(Sharecast News) - Housebuilder Barratt Developments said on Thursday that it was on track to meet its expectations for the year as it highlighted strong demand.
Read moreHouse price growth slows more quickly than expected in April, Nationwide says
29th Apr 2022 07:49
(Sharecast News) - House price growth in the UK slowed more than expected in April amid the ongoing squeeze on household incomes and rising interest rates, the results of a closely-followed survey revealed.
Read moreBarratt signs UK cladding pledge; expects £350m-£400m provision
6th Apr 2022 13:46
(Sharecast News) - Barratt Developments has become the latest housebuilder to add its name to a UK government pledge to make properties safe following the Grenfell Tower fire.
Read moreGovt said to have dropped demands on housebuilders for £4bn cladding fund
4th Apr 2022 11:15
(Sharecast News) - Shares of London-listed housebuilders rallied on Monday following a report the government is dropping its demand for them to contribute towards a £4bn cladding remediation fund.
Read moreUK house builders rally on cladding hopes
14th Mar 2022 08:29
(Sharecast News) - Shares in UK house builders rallied on Monday on hopes that the cost of fixing the cladding scandal may be less than initially feared.
Read moreBarratt reports slight profit rise, lifts FY completions forecast, divi
9th Feb 2022 07:03
(Sharecast News) - Housebuilder Barratt Developments reported a slight rise in interim profits and lifted its dividend despite an 11% fall in completions and weaker revenue.
Read moreBarratt Developments snaps up land promotor in £250m deal
31st Jan 2022 08:21
(Sharecast News) - Barratt Developments has acquired land promotor Gladman Developments in a £250m deal, the blue chip house builder announced on Monday.
Read moreJefferies considers cladding issues, downgrades three UK housebuilders
24th Jan 2022 10:28
(Sharecast News) - Jefferies downgraded its recommendation on three UK housebuilders on Monday as it assessed the impact of cladding issues.
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