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Goldman Sachs Starts Relx at Buy, Arguing AI Fears Are Misplaced

Goldman Sachs initiated coverage of Relx (LON: REL) with a Buy rating and a 3,000p price target in a note to clients on Wednesday, pushing back against the view that the data analytics and publishing group is vulnerable to ar

Relx Group sign
Sam Boughedda
WPP Shares Hit With a Sell Rating as Analyst Sees Uncertain Path to Organic Growth

Goldman Sachs has initiated coverage of WPP (LON: WPP) with a Sell rating and a 240p price target, saying the advertising holding company faces limited visibility on a return to healthy organic growth under its current asset

WPP logo
Sam Boughedda
Rio Tinto Shares Cut to Underperform at RBC After Strong Rally

RBC Capital has downgraded Rio Tinto (LON: RIO) to Underperform from Sector Perform, arguing that a recent share price rally has left the mining giant's stock fully valued with limited room for upside.

Rio Tinto office
Sam Boughedda
Wednesday Morning Markets: FTSE 100 Slides as US and Iran Trade Fresh Strikes, Oil Rises

London's blue-chip index is down -0.4% in early Wednesday trade, dragged lower alongside European peers, with the Stoxx 600 off -0.3%. As the fragile US-Iran ceasefire fray

Sam Boughedda
Debenhams Group Shares Jump as Fashion Retailer Returns to Growth

Shares in Debenhams Group (LON: DEBS) jumped more than 11% on Tuesday after the online fashion retailer — formerly known as Boohoo Group — reported a return to growth in its first quarter, marking what management called a piv

Debenhams building
Asktraders News Team
B&M Shares Surge as Retailer Signals Recovery Is on Track

Shares in B&M European Value Retail (LSE: BME) surged as much as 17% on Tuesday, touching an intraday high of 199.9p, after the discount retailer published its full-year results and reassured investors that its turnaround

B&M Bargains
Asktraders News Team
Applied Nutrition Share Rally Continues: Analysts Lifts Target on U.S. Expansion, Earnings Upgrade

Cavendish raised its price target on Applied Nutrition (LON: APN) to 320p from 285p and reiterated its Buy rating on the stock in a note following a positive trading update, a U.S. acquisition and a licensing deal with Mondel

Applied Nutrition supplements
Sam Boughedda
British American Tobacco Shares Slide After Update Despite Reaffirmed Guidance

Shares in British American Tobacco (LON: BATS) tumbled at the open on Tuesday, dropping as much as 8.8% from their previous close of 4,581p to an intraday low of 3,894p, before partially recovering to trade around 4,421p — a

british american tobacco kenya
Asktraders News Team
British Land Shares Rise as Joanne McNamara Named New Chief Executive

Shares in British Land (LON: BLND) climbed 1.9% on Tuesday to 402.6p after the FTSE 100 property giant announced the appointment of Joanne McNamara as its new Chief Executive Officer, signalling investor confidence in the inc

Handshake of businessmen
Asktraders News Team
discoverIE Group — Preliminary Results Preview

Results due: Wednesday, 3 June 2026 discoverIE Group (LON: DSCV), the Guildford-based specialist designer and manufacturer of customised electronic compone

DiscoverIE office
Asktraders News Team
B&M European Value Retail — FY26 Preliminary Results Preview

Reports: Wednesday, 3 June 2026 B&M European Value Retail (LON: BME) heads into its FY26 Preliminary Results announcement on Wednesday carrying the sca

B&M Bargains
Asktraders News Team
EasyJet Share Price: Is 403.23p the Floor or the Ceiling?

When Castlelake revealed it would be obliged to offer no less than 403.23p per share for easyJet (LON: EZJ) under UK Takeover Code rules, it inadvertently handed the market a reference point.

Easyjet plane
Asktraders News Team
Applied Nutrition Shares Surge as Sports Nutrition Group Upgrades Forecasts and Strikes US Deals

Applied Nutrition plc (LON: APN) shares jumped sharply on Monday after the Liverpool-based sports nutrition group delivered a triple-barrelled announcement that included a profit upgrade, a US manufacturing a

Applied Nutrition supplements
Asktraders News Team
EasyJet Shares Soar as US Buyout Firm Castlelake Eyes Possible Takeover

Shares in budget airline easyJet (LON: EZJ) surged more than 11% on Monday after US alternative investment manager Castlelake, L.P. confirmed it is weighing a possible takeover bid for the FTSE-listed carrier.

Easyjet plane
Asktraders News Team
Drax Group Shares: Analyst Highlights Bull and Bear Cases

Longspur Research analyst Adam Forsyth outlined the key bull and bear cases for Drax Group (LON: DRX) shares in a note, pointing to the energy company's growing flexible generation portfolio as a central investment considerat

Drax logo
Sam Boughedda
Unite Group: UBS Initiates at Buy, Believes Shares Are Mispriced

UBS has initiated coverage of Unite Group (LON: UTG) with a Buy rating and a 585p price target, arguing that the UK's largest purpose-built student accommodation provider is being unfairly punished by the market.

Asktraders News Team
UK Earnings to Watch: The FTSE Names Reporting This Week

A batch of high-profile UK names steps into the spotlight this week, with full-year and half-year results spanning retail, finance, facilities management and beyond.

Asktraders News Team
TPG Credit in Talks to Back Hundreds of Millions in Financing for Evoke Takeover, Sky News Reports

One of the world's largest investment firms is being lined up to help finance a potential takeover of Evoke (LON: EVOK), the London-listed gambling company that owns William Hill and 888.

Asktraders News Team
FTSE 100 Edges Higher as US-Iran Ceasefire Reports Ease Geopolitical Tensions

The FTSE 100 climbed 0.2% in Friday morning trade, rising to approximately 10,447 points after closing Thursday at 10,425.96, as reports of a potential US-Iran ceasefire extension lifted sentiment across global markets.

Asktraders News Team
Ocado Shares Surge After Asda Ecommerce Partnership

Ocado Group's (LON: OCDO) shares jumped sharply on Friday morning after the online grocery technology firm announced a major new partnership with Asda, one of the UK's largest supermarket chains.

Asktraders News Team
CMC Markets Earnings Preview: Raised Guidance and Share Price Surge Fuel Investor Optimism

CMC Markets (LSE: CMCX) heads into its full-year FY2026 results next week on 4 June, riding a tailwind of upgraded guidance and a share price recovery after a period of turbulence earlier in the year.

CMC Markets office
Asktraders News Team
Magnum Ice Cream Shares Have Surged in the Last Month. Here’s Why

Shares in The Magnum Ice Cream Company N.V. (LON: MICC) have rocketed more than 27% over the past month, fuelled by reports that heavyweight private equity firms are exploring a potential takeover of the world's largest ice c

Asktraders News Team
SSE Trades at Sector Discount Despite Strong Growth Outlook, Says Analyst

SSE (LON: SSE) delivered full-year results broadly in line with expectations, but the UK energy group's shares remain at a discount to the broader sector despite a strong growth outlook, which is a gap that Hargreaves Lansdow

Sam Boughedda
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