UK Stock News
Ferguson Shares: Fed Rate Cuts Offer Potential Tailwinds
Ferguson's (NYSE: FERG) (LON: FERG) recent Q4 2024 results delivered flat organic growth, in line with expectations, according to analysts at Goldman Sachs in a note this week.
Pennon Group Revenue Impacted By Lower Demand
Pennon Group (LON: PNN), the parent company of South West Water and SES Water, announced a trading update for the period to 26 September 2024 on Thursday, saying revenue, on a like-for-like basis, has been impacted by lower c
Flutter Entertainment Stock Pops On $5bn Buyback News
Flutter Entertainment PLC (LON: FLTR), a leading global sports betting and gaming operator, saw its stock price jump by over 8% on Wednesday following a significant announcement. During its investor day, the company revealed
Rio Tinto’s Strategic Lithium Moves Spark Optimism
Mining and metals giant Rio Tinto Group (LON: RIO) has been gaining attention from analysts and investors alike for its strategic investments and projects focused on lithium, a critical component in the production of
FTSE 100 holding firm as China Cuts Rates
In the wake of two consecutive days of gains, the FTSE 100 is fighting to hold momentum on Wednesday. The index started the day lower by almost 0.4% before fighting b
Redburn Atlantic Downgrades BP, Cuts Shell Price Target Amid Oil Market Weakness
Redburn Atlantic lowered its price targets for Shell (LON: SHEL) and downgraded
Rightmove Rejects Third REA Group Takeover Proposal
Property website giant Rightmove (LON: RMV) has once again rejected a takeover proposal from Australian real estate group REA Group. [stock_market_widget type="chart" template
BAE Systems Dividend Moves Closer
BAE Systems plc (LON:BA.), a prominent player in the defense, aerospace, and security solutions industries, has announced its upcoming dividend payment to shareholders.
Burberry Shares Down 56% This Year: Uncertain Future Ahead?
Burberry Group's (LON: BRBY) shares took a hit this week after Jefferies analysts downgraded the luxury fashion brand from Hold to Underperform in a research note. [stock_mark
AIM Under Threat? LSE Chief Raises Alarm
The Alternative Investment Market (AIM), London’s junior stock market, is reportedly facing an existential threat, according to London Stock Exchange (LSE) chief Julia Hoggett. Hoggett has issued a stark warning to the govern
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