Intertek Group (LSE: ITRK) Target Price Cut to 5,700p by Berenberg Amid Slower Q1 Growth

Berenberg has revised its target price forIntertek Group Plc (LSE: ITRK)downward from6,000p to 5,700p, while maintaining its‘buy’rating. The adjustment follows atrading updatein which Intertek reportedslower-than-anticipated organic growthin the first quarter of 2024. The underperformance was largely attributed to the company'sCaleb Brett division, which is …

Team Kalkine | 03 June 2025

Jefferies Resumes Coverage of Drax Group (LSE: DRX) with 750p Target

Jefferies resumed its coverage ofDrax Group Plc (LSE:DRX)on Monday with a'buy' rating and a 750p price target, citing its resilience amid regulatory and market uncertainty. The investment bank's outlook follows the company's FY24 results and a new agreement with the UK government on a …

Team Kalkine | 03 June 2025

Staffline (AIM: STAF) Signs UK-Wide Labour Supply Agreement with Major Food and Drink Logistics Operator

Staffline (AIM: STAF)has entered into a significant partnership agreement with a leading food and drink logistics provider operating across the UK and Ireland. The contract covers the full outsourcing of agency labour services currently managed by the logistics provider's in-house workforce division.

Team Kalkine | 16 May 2025

Close Brothers Targets Common Equity Tier 1 Capital by £400 million in FY25

Image source: ShutterstockHighlightsCapital Reinforcement: £360 million CET1 capital preserved, nearing the £400 million target set for FY 2025.Strategic Simplification: Sale of CBAM boosts CET1 ratio from 12.2% to 13.4%, generating £59 million in profit.Cost Efficiency Gains: Estimated annual savings increased to £25 million from …

Team Kalkine | 18 March 2025

Midwich Group Reports Record Revenue Despite Market Challenges

Image source: ShutterstokHighlightsRecord Revenue:£1.317 billion, up 1.7% (3.5% in constant currency).Improved Margins:Gross profit margin at a historic high of 17.8%.Strategic Growth:Positive performance in North America with 28% sales growth.Midwich Group (LSE:MIDW), a leading global distributor of audio-visual (AV) solutions, has reported record revenue and …

Team Kalkine | 18 March 2025

General News

Intertek Group (LSE: ITRK) Target Price Cut to 5,700p by Berenberg Amid Slower Q1 Growth

Jefferies Resumes Coverage of Drax Group (LSE: DRX) with 750p Target

Staffline (AIM: STAF) Signs UK-Wide Labour Supply Agreement with Major Food and Drink Logistics Operator

Close Brothers Targets Common Equity Tier 1 Capital by £400 million in FY25

Midwich Group Reports Record Revenue Despite Market Challenges

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