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BP and Shell Share Price Targets Cut as Oil Market Faces Headwinds Next Year

Bernstein analysts cut the price targets of both BP (LON: BP.) and Shell (LON: SHEL) on Monday, citing potential headwinds in the oil market next year. [stock_market_widget ty

oil trading strategies
Sam Boughedda
Vistry Group Price Target Raised At Citi, Remains Below Current Price Action

The price target for Vistry Group shares (LON: VTY) has been raised at Citi from 1,290p to 1,329p, while maintaining the stock's "Neutral" rating. This adjustment reflects a slight improvement in the expected 12 month valuati

Vistry Group
Asktraders News Team
BAE Systems Begins Advancement of Royal Navy’s Firepower

BAE Systems has initiated a significant advancement in the Royal Navy's maritime capabilities by starting the integration of the Mk 45 naval gun system onto HMS Glasgow. This marks a pivotal step in the modernization of the U

BAE Systems & Munitions
Asktraders News Team
Haleon Shares Removed as Top Pick at Morgan Stanley

Haleon (LON: HLN) shares are up more than 21% so far this year, but last week pulled back slightly, with Friday's 0.4% decline not helped by an analyst note. [stock_market_wid

Haleon stock
Sam Boughedda
Rightmove Shares Gap Up As REA Group Increases Takeover Proposal

Rightmove's share price (LON: RMV) gapped up to 700p on the open, having closed out the previous week at 674.4p. This 3%+ move comes as REA Group, the Australian online property giant, has sweetened its offer for the UK firm

Housing - a close look
Sam Boughedda
BHP Shares: Analysts Upbeat on Mining Giant

BHP Group (LON: BHP) has seen a wave of optimism from investment banks this week, with analysts at Morgan Stanley and Bernstein upgrading their ratings for the stock, while Argus maintained a Buy rating despite cutting its BH

bhp group bhp mines
Sam Boughedda
Antofagasta Cut to Sell at Morgan Stanley on Valuation Concerns

Antofagasta (LON: ANTO) shares have performed well over the past week, climbing more than 8%, but one investment bank believes the stock is set to pull back. [stock_market_wid

Sam Boughedda
Ashtead Shares Gain Buy Rating and Price Target of 7,000

Ashtead shares (LON: AHT) are carving out a strong day in the stock market today, adding 3.4% heading into the close to continue the positive momentum seen over recent days.

Asktraders News Team
THG Price Target Trimmed

Barclays analyst Andrew Ross has reduced the bank's price target on THG shares (LON: THG), a UK-based e-commerce technology company, from 101 GBp to 92 GBp. Despite thi

Asktraders News Team
Goldman Sachs Lifts IHG Shares, Cuts Whitbread

Goldman Sachs made a shift in its stance on two London-listed hotel stocks in a note this week, upgrading InterContinental Hotels Group (LON: IHG) while downgrading Premier Inn owner Whitbread (LON: WTB).

Sam Boughedda
Ocado Raises Revenue Guidance After Strong Growth

Ocado Retail, the joint venture between Ocado Group (LON: OCDO) and Marks & Spencer (LON: MKS), announced an increase in its revenue guidance for the current financial year in its Q3 trading statement on Thursday.

Sam Boughedda
BP’s Joint Venture Activates New RNG Plant

In a move that underlines the rising importance of renewable energy solutions, US renewable natural gas (RNG) producer Archaea Energy, a subsidiary of BP (LON: BP), in p

BP share news and updates
Asktraders News Team
Zegona Share Price Target Upgraded at Barclays

Barclays has recently revised its outlook on the telecommunications investment company Zegona Communications (LON: ZEG), significantly increasing its price target from £3.50 to £6.00, while maintaining an Overweight rating on

Barclays
Asktraders News Team
TT Electronics Share Price Targets Cut Following Trading Update

Electronic solutions engineering and manufacturing firm TT Electronics (LON: TTG) saw its share price targets significantly reduced by analysts following a disappointing trading update this week.

Sam Boughedda
Vodafone Making Strategic Moves Amid Operational Headwinds

Vodafone Group (LON: VOD), the British multinational telecommunications giant, is currently steering through a phase of operational challenges and strategic reshaping. The company has undertaken recent strategic moves includi

Asktraders News Team
Legal & General to Sell Cala Group for £1.35bn

Legal & General Group (LON: LGEN) announced Wednesday that it has agreed to sell its UK house builder, Cala Group, to a consortium led by Sixth Street Partners and Patron Capital for an enterprise value of £1.35 billion.

Sam Boughedda
Tesco Shares: Citi Raises Price Target Following Kantar Data

Citi analysts raised their price target for Tesco (LON: TSCO) following the release of the latest UK Kantar grocery market data. [stock_market_widget type="chart" template="li

Tesco store
Sam Boughedda
THG Shares Rise as Revenue Increases, Weighs Ingenuity Demerger

Consumer brands group THG (LON: THG) has seen its shares rise by more than 6% at the open on Tuesday following the release of its interim results for the half-year ended 30 June 2024.

The Hut Group shares asktraders
Sam Boughedda
Down 15% This Year, Could Abrdn Shares Be Set For A Comeback?

The financial market is often a rollercoaster of ups and downs, and abrdn (LON: ABDN), a notable FTSE 250-listed company born out of the merger between Standard Life and Aberdeen Asset Management, has certainly experienced it

ABRDN-logo
Asktraders News Team
AstraZeneca Cut to Sell as Analyst Sees Challenging Risk/Reward

AstraZeneca (LON: AZN) shares fell sharply on Friday after a downgrade by analysts at Deutsche Bank. While the stock opened higher on Monday, currently up 0.95%, it hit its lowest level in over a month last week.

AstraZeneca Office
Sam Boughedda
FTSE 100 Edges Lower Ahead of Fed, BoE Rate Decisions This Week

The FTSE 100 and European equities have started the week beginning Monday, September 16 2024, on the back foot, with the London index sliding around 0.25%  shortly after the open. On Friday, the FTSE 100 gained approximately

markets-ftse100
Sam Boughedda
Fresnillo Leads the FTSE 100 Amid Soaring Gold Prices

In a notable shift in the financial landscape, London's FTSE 100 index observed a marginal uptrend, marking a 0.46% gain to stand at 8,279 during today's afternoon tr

Fresnillo mine
Asktraders News Team
Vodafone Three Deal Under Scrutiny From CMA In UK

The United Kingdom's marketplace for mobile services could face significant changes if Vodafone and Three UK, two of the nation's leading mobile network operators, proceed with their planned merger. However, this major consol

Asktraders News Team
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