UK Stock News
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
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
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
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
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
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
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
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.
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
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).
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.
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
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
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.
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
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.
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
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.
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
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.
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
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
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