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Friday newspaper share tips: Thomas Cook, Kier Group

Fri, 23rd Sep 2016 10:55

(ShareCast News) - Thomas Cook will likely come through its current troubles the same as it has on other occassions when througout the past 175 years when it has found itself in a pinch, The Daily Telegraph's Questor column said.The company's finances are being buffeted by fear among travellers following recent terrorist attacks across Europe, political troubles in Turkey - one of its main markets - the strength in the pound after the UK's decision to leave the European Union.Indeed, some analysts have voiced concerns that a cash call might be necessary at some point.Offsetting those concerns, the travel operator recently launched a joint-venture with China's Fosun to offer holidays in various geographies, including within China.Spain and the US are also performing well as travellers seek out "safer" destinations, the tipster said.Hence, as long as the company reports strong expectations for bookings this winter then the share price is likely to continue its recovery after the thrashing it took in the wake of Brexit.'Hold', Questor said. Kier Group is set to continue its promising summer activity on the back of increased infrastructure spending, according to the Tempus column in The Times.The construction firm had been tipped to fall in the aftermath of the Brexit referendum vote, as many predicted that building would grind to a halt.However, Kier have reported that there has been a minimal impact on business so far, with the share price gaining 9p to £12.89 on the back of its full-year figures.Martin Waller from Tempus does not see too many negatives from the company's perspective."By almost all measures, Kier is progressing well, getting the benefits from the purchase of Mouchel last year," he said. "The order book stands at £8.7bn, more than half its housing stock is sold forward, while services, now more than half the group after Mouchel, has pushed margins ahead of the 5% mark."Investors may be tempted to cash in on the group's performance thus far, but Tempus maintains the best is yet to come for Kier.Strong cash generation and lower-than-expected debt figures cover small areas of weakness caused by the diverse range of the company, and "ambitious targets of double-digit profit growth for the years to 2020 look assured."Tempus tips BUY on Kier Group.
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11 Jun 2019 11:59

Tuesday broker round-up

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10 Jun 2019 17:12

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WINNERS & LOSERS SUMMARY: MJ Gleeson Sinks As CEO Harrison Departs

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10 Jun 2019 08:50

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10 Jun 2019 08:05

Thomas Cook shares soar on Fosun bid hopes

(Sharecast News) - Shares in debt-stricken leisure travel group Thomas Cook soared on Monday as the company confirmed a takeover approach by China's Fosun Tourism Group for its tour operator business.

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28 May 2019 16:57

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28 May 2019 14:10

Berenberg ready to watch Thomas Cook 'from the side', upgrades to 'hold'

(Sharecast News) - Analysts at Berenberg upgraded cruise and travel operator Thomas Cook from 'sell' to 'hold' on Tuesday, saying it was "time to watch from the side".

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28 May 2019 13:13

Tuesday broker round-up

(Sharecast News) - Thomas Cook: Berenberg upgrades to hold with a target price of 12p.

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28 May 2019 11:54

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23 May 2019 18:26

Moody's Gives Negative Outlook For Thomas Cook; Downgrades Ratings

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23 May 2019 13:50

PRESS: Private Equity Firm Looks At Buying Thomas Cook's Nordic Arm

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23 May 2019 11:28

S&P And Fitch Downgrade Thomas Cook After Weak Trading

LONDON (Alliance News) - Shares in Thomas Cook Group PLC dropped on Thursday as the stock was downgraded by both Fitch and S&P on concerns of weak trading and further Cook shares were trading

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