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Castellum

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Castellum Q2 Profit From Property Management Up At SEK 1,287 Mln

BRIEF-Castellum Q2 Profit From Property Management Up At SEK 1,287 Mln July 16 (Reuters) - Castellum AB CAST.ST : Q2 LTV 37.5% VERSUS 36.9% YEAR AGO Q2 NET INVESTMENTS LOSS SEK 709 MILLION VERSUS LOSS SEK 2,250 MILLION YEAR AGO SAYS DURING FIRST HALF OF YEAR, CASTELLUM RETURNED POSITIVE NET LEASING AND NET OPERATING INCOME THAT INCREASED 5.2 PER CE
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Handelsbanken views Castellum as financially prepared to weather headwinds, ups to 'buy'

BUZZ-Handelsbanken views Castellum as financially prepared to weather headwinds, ups to 'buy' ** Handelsbanken raises short-term recommendation on Castellum CAST.ST to "buy" from "hold," seeing the Swedish property company as well prepared to face headwinds and invest in existing assets ** Although brokers' base case for the share remains unchanged
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Assura, Cranswick, Weir Group

EUROPE RESEARCH ROUNDUP- Assura, Cranswick, Weir Group May 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assura, Cranswick and Weir Group, on Wednesday. HIGHLIGHTS * Assura AGRP.L : Jefferies cuts to hold from buy * Babcock BAB.L : Barclays raises target price to 560p from 529p * Cranswick Plc CWK.L : Berenberg raises target price to 5312p from 4921p * Prudential PRU.L : Jefferies cuts target price to 1,350p from 1,750p * Weir
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Castellum rating cut to 'underweight' to reflect weakening performance

BUZZ-Castellum rating cut to 'underweight' to reflect weakening performance ** Barclays cuts rating on Swedish real estate group Castellum's CAST.ST shares to "underweight" from "overweight" ** Brokerage notes company's like-for-like rent growth of 2.9% in Q1 was "well below" inflationary increases and free cash flow (FCF) generation is limited **
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Buybacks support financial share prices, but for how long?

LIVE MARKETS-Buybacks support financial share prices, but for how long? STOXX 600 up 0.8% to new peak DAX, CAC & FTSE also at records Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BUYBACKS SUPPORT FINANCIAL SHARE PRICES, BUT FOR HOW LONG?
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