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Tesco Shares: Citi Remain Buyers

Following Tesco's (LON: TSCO) first-quarter trading statement last week, analysts at Citi said they remain buyers of the supermarket giant's shares, stating the quarter was encouraging.

teso shopping trolley in aisle
Sam Boughedda
Europe’s Biggest Stock Exchange By Market Cap, Changes At The Top

London, has once again secured its position as the largest stock exchange in Europe, overtaking Paris, France. This development marks a significant shift in the European financial landscape, occurring less than two years afte

Asktraders News Team
Unilever Share BuyBack Plan Continues

Unilever PLC, the British-Dutch multinational consumer goods company, has recently engaged in a significant repurchasing of its own shares. Listed on the London Stock Exchange under the ticker

Unilever Nigeria Plc
Asktraders News Team
Rolls-Royce (LON: RR) Shares Break 200% Gains Over 12 Months

Rolls-Royce share price (LON: RR) continues to display a bullish trend, adding 1.3% to bring the 12 month gain to 204%. Despite pausing for breath in the pa

Rolls Royce logo
Asktraders News Team
FTSE 100 Edges Higher – Ashtead (AHT) and Whitbread (WTB) Big Movers

The FTSE 100 has kicked off today on a bright note, adding 23 points to reach 8165, as the index tries to find some support after a relatively disappointing month. The

Bank of England
Asktraders News Team
Burberry Share Price Target Cut as Growth Strategy Remains a Work in Progress

Goldman Sachs analysts cut their price target for Burberry (LON: BRBY) in a note to clients on Monday, citing concerns that the brand's strategy to boost leather goods sales remains a "work in progress."

Burberry store
Sam Boughedda
Whitbread Sales Edge Higher in Q1 Despite Softer Weekend Demand

Whitbread (LON: WTB), the owner of Premier Inn, revealed in its latest trading update that group sales rose by 1% to £739 million in the first quarter of FY25. The slight i

Premier Inn Hotel Whitbread
Sam Boughedda
FTSE 100 & FTSE 250 Index Both Post Losses On The Week – What Next?

The FTSE 100 gave back 1.19% on the week, as the FTSE 250 index lost 2.12% to continue what has been a poor start to June. London's benchmark

UK short
Asktraders News Team
Ashtead Group Shares (LON: AHT) Dip As Value Gap Discussed

London listed Ashtead Group shares (LON: AHT) could be looking for a new home across the Atlantic if early rumblings are to believed. It is said that board members at the firm are seeing a valuation gulf between themselves an

Asktraders News Team
Crest Nicholson Says Bellway Revised Proposal ‘Significantly Undervalued’ Company

Crest Nicholson (LON: CRST) rejected a revised takeover proposal from Bellway (LON: BWY), claiming it significantly undervalued the company and its future prospects. The re

Bellway Homes
Sam Boughedda
Tesco Q1 Sales Increase as Market Share Continues to Grow

Tesco (LON: TSCO) reported continued momentum in its business for the first quarter of the 2024/25 financial year, with strong sales growth and increasing market share. [stock

Tesco store
Sam Boughedda
B.P. Marsh & Partners Shares (LON:BPM) Continue To Gain After Strong FY 2024

B.P. Marsh & Partners share price (LON: BPM) added 1.8% yesterday, bringing the total gain over the past 12 months to 36.49%. Recent reports of a significant increase in their earnings for the full year of 2024 have added

B.P. Marsh Logo
Asktraders News Team
UK Bank Stocks – The Best Performers? (LLOY, HSBA, NWG, BARC)

Since the financial crisis of 2008, most of the UK bank stocks have been in retreat as the financial ecosystem had to adapt to changing rules. In recent years however there has been somewhat of a renaissance, with all the maj

Bank of England
Asktraders News Team
Flutter Entertainment Stock Pullback ‘Excessive’ Says Analyst

JPMorgan analysts see the 15% decline in Flutter Entertainment (LON: FLTR) (NYSE: FLUT) shares over the last two months as an overreaction, calling it an "excessive pullback" in a note this week. 

Flutter Ent office
Sam Boughedda
Will National Grid Shares Rise? These Analysts Believe So

Despite the almost 10% decline in shares of National Grid (LON: NG.) (NYSE: NGG) this year, analysts at both Goldman Sachs and Citi are bullish on the stoc

Sam Boughedda
UK Supermarket Stocks Have Mixed 12 Months – Who Stands Out? (TSCO, SBRY, MKS)

Inflation has been rearing it's head a lot in recent years, and supermarkets and retailers have been feeling the pressure more than most, as central banks' fight stands against profit margins.

Tesco store
Asktraders News Team
London Stock Exchange in Talks To Take Over Parts of PrimaryBid – Sky News

Sky News reported late Tuesday that the London Stock Exchange (LSE) is in advanced talks to take over parts of PrimaryBid, a leading British fintech company.

Stock Exchange
Sam Boughedda
3i Group Shares (LON: III) Look Set To Retest All Time Highs After Consolidation Phase

3i Group shares (LON: III) gapped up on this morning's open, starting at a new all time high at 2997p, up from Tuesday's close of 2770p. The stock is now on the verge of breaking through a significant resistance level, signal

Asktraders News Team
DFS Furniture Cuts FY24 Expectations as Demand Levels Hit ‘Record Lows’

DFS Furniture (LON: DFS), the UK furniture retailer, lowered its profit and revenue forecast for the financial year ending June 30th, 2024, citing weak consumer demand and ongoing shipping issues.

DFS Furniture
Sam Boughedda
Raspberry Pi Shares (LON: RPI) Up Strong As IPO Buzz Hits

In a triumphant public offering that has energized the London financial scene, shares of popular computing firm Raspberry Pi surged by as much as 40% after its

Raspberry Pi
Asktraders News Team
M&G Shares Preferred Over Aviva at JPMorgan

Analysts at JPMorgan upgraded shares of M&G (LON: MNG) but downgraded Aviva (LON: AV.) in a note Monday, also removing the company's shares from its Analyst Focus List.

Aviva logo
Sam Boughedda
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