UK Stock News
Tesco Stock Target Lifted to 475p as Barclays Signals Confidence
Shares in Tesco PLC (LON:TSCO) are being eyed closely as Barclays increased its price target to 475p from a previous 415p, reaffirming an 'Overweight' rating in a note this week.
FGEN Sells Lunanhead Stake and Energises Sandridge Battery Project
Foresight Environmental Infrastructure Limited (LON:FGEN) announced on Wednesday the sale of its 50% stake in the Lunanhead battery project in Scotland, while confirming that its Sandridge development in Wiltshire has now bee
Rio Tinto Announces Strategic Overhaul, Streamlining Operations for Enhanced Shareholder Value
Rio Tinto (LON:RIO) today unveiled a new operating model and executive leadership team, signaling a strategic shift aimed at simplifying the organization and driving sustainable, profitable growth.
National Grid Navigates Regulatory Hurdles Amid £80 Billion Investment Plan
National Grid (LON:NG) is currently engaged with Ofgem, the UK's energy regulator, to finalize the RIIO-ET3 price control, which governs its Electricity Transmission business.
Prudential Delivers Strong H1 2025 Results, Boosts Shareholder Returns
Prudential PLC (LON:PRU) announced robust financial results for the first half of 2025, prompting an enhanced capital return program for shareholders. Prudential shares ar
JD Sports Shares Rally Despite Mixed Q2 Performance
JD Sports Fashion plc (LON:JD) shares rose more than 4% in early Wednesday trading as the company announced a new £100 million share buyback program, signaling confidence in its medium-term growth prospects, even as it report
SolGold Shares (LON:SOLG) Jump: Analyst Puts ‘Speculative’ Price Target of 46p
SolGold shares (LON:SOLG) are up double digits today, hitting a new multi year high at 15.94p following the initiation of coverage by Canaccord Genuity, which assigned a 'Speculative Buy' rating and a price target of 46p. The
Deutsche Bank Downgrades Wickes Stock to Sell Amid UK Consumer Caution
Wickes Group (LON:WIX) shares are facing renewed pressure, down around 9% so far on Tuesday following a downgrade from Deutsche Bank. The firm lowered its rating for the s
Halma Expands Infrastructure Reach with Brownline Acquisition
In a release on Tuesday, Halma PLC (LON:HLMA) announced the acquisition of Brownline, a Netherlands-based provider of advanced gyroscopic locating systems for horizontal directional drilling (HDD).
ITM Power Forges Strategic Partnership with ABO Energy
ITM Power (LON:ITM) said Tuesday that a strategic partnership between its Hydropulse subsidiary and ABO Energy, a renewable energy developer. The collaboration, which aims
Ashtead Technology Sees Strong Profitability, Awaits Main Market Move
Ashtead Technology Holdings plc (LON: AT), a key player in subsea technology solutions for the offshore energy sector, reported its unaudited half-year results on Tuesday, signaling strong profitability and setting the stage
Filtronic Shares Surge After Securing Landmark $62.5M SpaceX Order
Filtronic plc (AIM: FTC) shares surged in early Tuesday trading after it announced its largest single order to date, a £47.3 million ($62.5 million) agreement with SpaceX for its next-generation gallium nitride (GaN) E-band p
Bunzl Expands Global Footprint with Strategic Acquisitions
Bunzl plc (LON:BNZL), the international distribution and services group, announced further strategic acquisitions in Spain and Mexico on Tuesday, alongside the completion of previously announced deals.
John Wood Group Faces Reduced Takeover Offer Amidst Deadline Extension
John Wood Group PLC (LON:WG) said Tuesday that it is navigating a revised takeover landscape, with Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) proposing a reduced offer for the entire issued and to be
Vesuvius Agrees £92.7m Deal to Buy Molten Metal Systems from Morgan Advanced Materials
Vesuvius (LON:VSVS) shares rose 2.8% on Friday after the company announced the acquisition of the Molten Metal Systems (MMS) business from Morgan Advanced Materials for an enterprise value of £92.7 million.
FTSE 100 Roundup: UK Top Movers, Inflation, and Market News
London’s FTSE 100 concluded a robust week of trading, with the index’s performance marking its best since May. The positive momentum for UK stocks was supported by a diver
M&S Food Logistics Investment Considered an Undervalued Growth Play
Shore Capital has welcomed Marks & Spencer’s (LON:MKS) £340 million plan to build an automated national distribution centre in Northamptonshire, saying the investment underlines the retailer’s ambition to double the size
Shore Capital Sees Strategic Value in Premier Foods’ Merchant Gourmet Seal
Shore Capital has described Premier Foods’ (LON:PFD) £48 million purchase of Merchant Gourmet as a strategically sound move that strengthens the group’s presence in the UK convenience and health-focused food market.
Lancashire Shares (LRE) Downgraded, Price Target Raised on Valuation Concerns
Lancashire Holdings shares (LON:LRE) are holding steady, as the Bermuda-based specialty insurer received an analyst downgrade despite a raised price target. The shift reflects a recalibration of expectations amidst strong fin
Revolution Beauty Announces Capital Raise, Strategic Reset: Shares Move Higher
Revolution Beauty shares (LON:REVB) are moving higher today, as the company announced a proposed equity placing and subscription aimed at raising approximately £15 million. The funds will be secured through an accelerated boo
Airtel Africa Shares (LON:AAF) Upgraded to Buy, Projecting Further Upside
Airtel Africa shares (AAF.L) are back on the move higher today, with AAF once again breaking 220p on gains of more than 2% after a couple of days of pause. Today's move ha
Serica Energy Shares (LON:SQZ) Gain As First Oil from Triton FPSO Announced
Serica Energy shares (LON: SQZ) are trading 1.64% higher this morning, as the company announced the commencement of its first oil lifting from the Triton Floating Production Storage and Offloading (FPSO) unit since production
ConvaTec Shares (LON: CTEC) Upgraded, Recent Sell-Off Overdone?
ConvaTec shares (LON:CTEC) are moving higher this morning, up 0.3% early, as an analyst upgrade came with a downwards price target revision. Looking a little closer, and it becomes clear that the view is bullish, with a perce