UK Stock News
FTSE 100 Breaks 8,300 as Cooling Inflation Fuels Rate Cut Expectations
The FTSE 100 index witnessed a significant rise, climbing 99 points (+1.21%) to close the day a shade above 8,300, as inflation figures showed a slowdown for December
Trustpilot, Wise Downgraded as Macro Backdrop ‘Still Subdued’
Morgan Stanley downgraded both Trustpilot (LON: TRST) and Wise (LON: WISE) to "Equal Weight" from "Overweight" in a note this week. The investment bank's analysts cited a "
Can Vistry Share Price Climb as Completions Rise in FY24?
Vistry Group's (LON: VTY) shares have moved higher so far on Wednesday, gaining over 5%, following a promising trading update for the year ended 31 December 2024. [stock_marke
FTSE 100 Holding 8,200 as Ocado Makes Strong Gain
The FTSE 100 index displayed mixed movements in trading sessions on January 14, evidencing both significant declines and gains among constituent companies. JD Sports
Persimmon Shares (LON: PSN) Jump as Firm Increases Profit Guidance
Developer Persimmon (LON: PSN) has raised its 2024 pre-tax profit guidance, surprising investors and market analysts with better-than-expected home completions and increased average selling prices. This update was well receiv
British American Tobacco Shares Dip as Reinet Plans to Sell Stake
British American Tobacco shares (LON: BATS) are trading down today, shedding 1.88%, as Reinet has announced its intention to divest its holdings in the firm. The Jerse
JD Sports Downtrend Continues as Profit Forecast Lowered
JD Sports Fashion (LON: JD.) revised its profit forecast downward on Tuesday, citing higher-than-anticipated market headwinds during the holiday trading period. [stock_market
Ocado Q4 Sales Growth Boosts Stock: Will it Snap Losing Streak?
Ocado Group (LON: OCDO) shares surged in early Tuesday trading, climbing more than 13% after Ocado Retail reported impressive fourth-quarter results, with a notable 17.5% increase in retail revenue, reaching £715.8 million.&n
Tesco’s Price Target Trimmed, With Bullish Sentiment Maintained
Tesco shares (LON: TSCO) have had their outlook revised at JPMorgan, with an adjustment in price target on TSCO from 410p to 400p. Despite the trim in target price, the firm has maintained an "overweight" rating on Tesco’s st
Lloyds Bank Shares Trading in Range as Firm Links Bonuses to Office Attendance
Lloyds Banking Group PLC (LON: LLOY) has recently informed its senior staff that their bonuses might be impacted based on their adherence to the company's office attendance policy. This policy mandates senior employees to wor
Filtronic Share Price Rally Continues as Trading Ahead of Expectations
Filtronic (LON: FTC) shares jumped at the open on Monday after telling investors its trading performance is exceeding expectations. The company, listed on AIM under t
GSK to Acquire IDRx in Deal Worth Up To $1.15bn
On Monday, GSK (LON: GSK) announced an acquisition agreement with IDRx, Inc., a Boston-based clinical-stage biopharmaceutical company, for up to $1.15 billion. The de
Serco Stutters as Jefferies Downgrade Shares to Hold and Trims Target
Serco Group shares (LON: SRP) are falling today, down 3.10% in early trading after as Jefferies analyst Allen Wells downgraded the stock from "Buy" to "Hold," while also lowering the price target to 175 GBp (previously 225 GB
Reckitt Benckiser Shares (RKT) Break 5,000 as Morgan Stanley Upgrades
Reckitt Benckiser's shares (LON: RKT) are trading up 2.42% today, as the firm received a significant vote of confidence from Morgan Stanley. In a research note, the fir
Centrica Share Price Target Cut, Drax Target Raised by Barclays
Barclays adjusted its outlook on two UK energy names in a note this week, cutting Centrica’s (LON: CNA) price target while raising its target for Drax Group (LON: DRX). Cen
Sainsbury’s Shares Continue Decline Despite ‘Best Ever Christmas’
Sainsbury’s (LON: SBRY) shares continued their downward trajectory, falling more than 3% on Thursday and slipping over 2% further in early Friday trading, now standing at 552.7p.Â
Relx Share Price (LON:REL) Makes New All Time High, Analysts See Further Upside
Relx share price (LON:REL) hit new 52-week, and all-time highs in yesterday's session, reaching 3,820p intraday and closing out above 3,800. With the last 12 months bri
FTSE 100 Makes Solid Gains as FTSE 250 Fights Back To Hold 20,000
The London Stock Exchange experienced a bullish day, away from the impact of closed U.S. markets, with the benchmark
Marks & Spencer Stock Tumbles as Company Faces Higher Costs from Tax Increases
Marks & Spencer (LON: MKS) shares dropped more than 6% to 352.7p on Thursday despite reporting robust sales growth over the Christmas trading period. [stock_market_widget
Greggs Share Price Drops Again Despite Record £2bn Sales in FY24
UK bakery chain Greggs (LON: GRG) reported a record £2.01 billion in total sales for the financial year 2024, marking an 11.3% increase compared to the previous year. However, its share price dropped further on Thursday.
ICGT Executed Share Buyback as Stock Continues To Trade in Range
ICG Enterprise Trust plc (LON: ICGT) has announced a transaction involving the repurchase of its own shares, conducted on January 8. This strategic move is part of the company's broader efforts to manage its share capital eff
Shell Warns of Weaker Gas Earnings, Stock Dips Along With Market
Shell's share price (LON:SHEL) saw a 1.11% decline today, following the company's announcement that it anticipates "materially weaker" earnings in its integrated gas division. Shell is also reducing its production guidance ac
Is the Raspberry Pi Rally Overdone?
Raspberry Pi (LON: RPI) shares have surged over 51% in the past three months, but the rally may have gone too far. That's according to HSBC analysts in a note this week. Th