UK Stock News
Greggs Shares Drop Despite Passing £2bn Sales Milestone
Greggs (LON: GRG) shares fell more than 9% in the early part of Tuesday’s session, trading at 1,883p at the time of writing, despite the bakery chain reporting record sales and profits for 2024.
Severfield Shares Plunge as Market Conditions Show ‘No Signs of Improvement’
Severfield plc (LON: SFR) plunged more than 42% Monday after the structural steel group warned of worsening market conditions, project delays, and a profit downgrade. [stock_m
BP Capital Markets Day: Analyst Takeaways
BP (LON: BP.) outlined its updated strategy at its Capital Markets Day (CMD) in London last week on February 26, with analysts highlighting a focus back to traditional oil and gas operations, alongside cost-cutting and debt r
IAG Shares Jump as Earnings Top Expectations
International Consolidated Airlines Group (LON: IAG) shares surged over 5% on Friday after the company reported full-year adjusted operating profit of €4.44 billion, beating analyst expectations of €4.08 billion.
Barratt Redrow Medium-Term Guidance Suggests a ‘Strong Rebuild of Profits’
Deutsche Bank raised its rating for Barratt Redrow (LON: BTRW) from Hold to Buy in a note to clients his week, maintaining its price target at 536p, citing solid trading and a positive outlook following the housebuilder’s int
Rolls-Royce Shares Rally as Earnings, Revenue Jump
Rolls-Royce (LON: RR.) shares surged more than 15% on Thursday, hitting news highs following the release of its 2024 full-year results, showcasing a rise in earnings and revenue.
Ocado Shares Plunge Despite Narrower Loss
Despite reporting a narrower loss in FY24, Ocado Group's (LON: OCDO) shares tumbled on Thursday, down around 15%. [stock_market_widget type="chart" template="line" color="#15
BP Strategy Shift To See Green Energy Investment Cut
BP shares ended the day down 1.74%, as the firm announced a significant shift in its business strategy, aiming to enhance its share price by increasing its oil-and-gas production while reducing investments in clean energy. Th
TT Electronics Share Target Cut Following Delayed Results
Shares of TT Electronics (LON: TTG) continued to decline Wednesday after the company's announcement of a two-week delay in its FY24 results, which were initially scheduled for release in early March.
B&M Shares: Down 45% in the Last 12 Months, Can it Turnaround?
B&M European Value Retail SA (LON: BME) shares have endured a sharp decline, with its stock down 45% over the past year, but Morgan Stanley believes a turnaround may be on the horizon.
Wood Group Share Price Rally Continues After Confirming Takeover Approach
John Wood Group (LON: WG.) extended gains on Tuesday after the company confirmed it had received a takeover approach from Sidara, an engineering firm that previously walked away from acquisition talks last year.
Goldman Sachs: Standard Chartered Underlying Numbers Better Than Expected
Goldman Sachs analysts said in a note this week that Standard Chartered’s (LON: STAN) underlying Q4 2024 performance exceeded expectations, despite headline financials being impacted by several large items.
Centrica Shares Make New 52 Week High as Dividend Increases
Centrica's share price (LON: CNA) hit a new 52 week high in the most recent session, touching 152.20 as the owner of British Gas reported financial results that exceeded market expectations, and announced an increase in its d
B&M Shares Drop: Lowers Guidance, CEO to Retire
B&M European Value Retail (LON: BME) shares fell more than 8% on Monday after the company lowered its full-year profit guidance and announced the retirement of CEO Alex Russo.
Glencore ‘Could Deliver Self-Help Strategy to Unlock Value’
Goldman Sachs reiterated its Buy rating on Glencore (LON: GLEN) in a note last week but lowered its price target to 420p from 500p, following the company’s preliminary 2024 results.
Lloyds Shares Add 21% YTD, as Buyback Boosts Holders
Lloyds' share price (LON: LLOY) is up 1.37% in trading today, bringing the impressive year-to-date return to 21.33%, barely two months in. It is not all plain sailing
Hilton Food Group Has Significant Potential in Central Europe: Shore Capital
Shore Capital said in a note this week that it recently visited Hilton Food Group's (LON: HFG) Central Europe Factory (HFCE), its manufacturing facility based in the Silesia region of Southern Poland.
BP is a ‘Prime Ceasefire Beneficiary’
JPMorgan raised BP (LON: BP) from Underweight to Neutral this week, increasing its price target for the stock from 440p to 510p. Analysts at the investment bank cited
Burberry Shares Gain 13% YTD, Company Set To Rejoin the FTSE 100?
Burberry's share price (LON: BRBY) has impressively added 13% since the start of the year, less than 2 months ago. This brings the rebound in the stock to more than 90% in less than 6 months from September lows.
Zoo Digital Shares Plunge as Revenue, EBITDA Expected to Miss Expectations
Zoo Digital’s (LON: ZOO) share price plummeted by over 36% on Thursday after the company warned that revenues and EBITDA are expected to be below market expectations, despite an improved order book. In addition, dubbing reven
Wise Share Price Target Cut But Analyst Remains Bullish
In a note to clients this week, Jefferies lowered its price target on Wise plc (LON: WISE) to 1,247p from 1,353p, maintaining a Buy rating on the stock. [stock_market_widget
FTSE 100 Hit’s Low of The Week as UK Inflation Jumps
The FTSE 100 is trading down 0.61% today to make the lowest point of the week, as several significant corporate developments coincided with a rise in UK inflation. The headline index dropped by 53.38 points to 8,713, with Gle
Glencore Shares Slide After Reporting 2024 Profit Decline
Glencore’s (LON: GLEN) share price fell after the commodities giant reported a 16% drop in adjusted EBITDA for 2024, driven by lower energy coal prices. The company s
