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Kingfisher Cut at Barclays Ahead of ‘Potentially Underwhelming’ H1 Results

Shares of British home improvement retailer Kingfisher (LON: KGF) fell around 1% in Monday's session following a downgrade by Barclays, which shifted its rating from Overweight to Equal Weight in a note to clients.

B&Q Kingfisher
Sam Boughedda
Watches of Switzerland Confident in Delivering FY25 Guidance

Watches of Switzerland Group (LON: WOSG) said in a trading update on Tuesday that trading for the first 18 weeks of the financial year has been in line with expectations. [sto

Sam Boughedda
Shell Receives Further Analyst Support

Shell shares (LON: SHEL) trade mildly green on London markets today, up 0.2% as the FTSE 100 index remains r

shell liquid natural gas station
Asktraders News Team
Cerillion’s Share Price (LON: CER) Delivering Long Term Gains In Boost to UK Tech

Cerillion (LON: CER), an IT services company specialising in artificial intelligence enhanced communication systems, has emerged a

Cerillion booth
Asktraders News Team
FTSE 100: A Mixed Start For European Equities

The FTSE 100 and European equities have started the week beginning Monday, September 2, 2024, mixed, with the London index edging slightly higher, gaining around 0.02%  shortly after the open. On Friday, the FTSE 100 edged ar

Bank of England
Sam Boughedda
Rightmove: REA Eyes Potential Acquisition

Australia's REA Group confirmed on Monday that it is considering a potential cash and share offer for to acquire Rightmove (LON: RMV), the leading online property marketplace in the United Kingdom.

Sam Boughedda
Compass Group Shares (LON:CPG) Continue To Outperform, Where Next?

Compass Group shares (LON: CPG) are coming off 52 week highs this week, as the London listed stock continues to outperform the index. A 12.46% on a YTD basis brings the 12

Compass Group take away food containers, held by employee
Asktraders News Team
Reckitt’s Outlook Dims; JPMorgan Cuts Rating

Reckitt's shares are trading up today, gaining 1.04% and continuing the mini recent revival. This upswing comes despite a recent move that caught the attention of investors. Notably, JPMorgan has downgraded the stock of Recki

Reckitt Benckiser logo
Asktraders News Team
Diversified Energy’s Dividend Shifts Gear (LON: DEC)

Investors in search of high-yield dividend stocks on the FTSE 250 have been closely monitoring Diversified Energy Company (LON: DEC), which currently tops the list with an extraordinary dividend yield that is close to 20% at

Diversified Energy logo1
Asktraders News Team
Centrica Shares: Should Investors Buy the Dip

Centrica (LON: CNA) has seen its shares decline more than 8% in 2024. While some analysts and investors may be wary at current levels, one believes the risk-reward for the stock is now an attractive one.

Sam Boughedda
Why Has Glencore’s Share Price Been Falling In Recent Months?

Glencore's share price (LON: GLEN) has declined over the last 3 months, retracing from 52 week highs over 500p (506.72) to be trading a little over 400p. With the stock changing hands at 403.40 this morning, up 0.7%, the dip

Asktraders News Team
Whitbread Shares Upgraded at Bernstein With ‘Easier H2 Comps Ahead’

Whitbread (LON: WTB) shares rallied more than 3% Thursday after analysts at Bernstein raised their rating for the stock to Outperform from Market Perform, noting that the stock is at a record low price to earnings.

Whitbread
Sam Boughedda
GSK Shares Rise After European Commission Approves Arexvy Label Expansion

GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st

GSK Office
Sam Boughedda
Watches of Switzerland Shares: Down 42% This Year – Here’s Why

Watches of Switzerland Group (LON: WOSG) has seen its share price plummet by 42% in 2024. This significant decline is a stark contrast to the buoyant performance of the bro

Sam Boughedda
GSK Shares (LON: GSK) Climb After Supreme Court Review

Pharmaceutical giant GSK's share price (LON: GSK) has gained 1.55% this morning as the Delaware Supreme Court accepted the company’s appeal for an interlocutory review

GSK Office
Asktraders News Team
AB Foods: ‘The Primark Margin Recovery Story Has Played Out’

Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The

primark store
Sam Boughedda
Frasers Group Expands Global Reach with 14.65% Stake in Accent Group

London-listed retail firm Frasers Group (LON: FRAS) has solidified its presence in the Australian and New Zealand markets with a strategic investment in Accent Group Limited, the company announced Wednesday.

Frasers outlet
Sam Boughedda
UK Shop Prices Drop, Signaling Easing Inflation

In a surprising shift for the UK retail industry, shop prices have recorded a decline for the first time in nearly three years, a signal that the persistent inflation crisis may be receding. According to recent data, the firs

Asktraders News Team
Are IG Group Shares (LON: IGG) Threatening Break Out?

IG Group shares (LON: IGG) have drawn attention in recent months, as gains of 28.84% on a YTD basis significantly outperforms the FTSE 250 index's 9% gain over the sa

Asktraders News Team
Will Persimmon Benefit From Government Plans? PSN Shares A Big Gainer Over Last 12 Months

In the UK's construction sector, Persimmon, a notable FTSE 250 listed housebuilder, is navigating through challenging times accentuated by a significant drop in underlying operating profits of 65% in the first half of 2023 an

Persimmon Homes
Asktraders News Team
FTSE 100: Bunzl Shares Surge

The FTSE 100 and European equities have started Tuesday, August 27 2024, higher, with the London index gaining around 0.39%  shortly after the open, rising to 8,360.45, adding to the gains made on Friday. Bunzl is the biggest

Bank of England
Sam Boughedda
Unilever Stock Double-Upgraded By BofA: ‘More Growth Expected’

Unilever (LON: ULVR) shares gained more than 1% in Thursday's session after the stock was given a boost by analysts at Bank of America, who double-upgraded it to Buy from Underperform.

Unilever-office-sign
Asktraders News Team
Here’s Why B&M Shares Are Down 22% This Year

Retailer B&M European Value Retail (LON: BME) has seen its shares tumble by 22% this year, leaving investors questioning what happened to the stock that experienced a strong rise in 2023.

B&M European Value Retail store
Sam Boughedda
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