UK Stock News
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.
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
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
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
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
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.
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
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
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
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
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.
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.
Is Aviva’s Share Price (LON:AV) Set To Break Out?
When looking for stocks in the FTSE 100 index, Aviva's share price is one that may be threatening to break out. The insurance giant Aviva (LON: AV) has drawn attentio
Diageo Shares (LON: DGE) Holding Steady. What Next?
Diageo shares (LON:DGE) have had a difficult 12 months, with losses of 23.5% leaving holders looking for signs of a sentiment shift. It would be well noted then that JPMorgan has reiterated a "neutral" rating on the spirits g
FTSE 100 Rises on US Rate Cut Hopes
The UK's FTSE 100 index is showing some mild bullishness, adding 0.16% and trying to retake 8,300. This upward trend was primarily driven by the market's optimism sur
Berenberg Bank Increases Derwent London Price Target
Derwent London shares (LON: DLN) have gained 2.15% today, changing hands at 2.376, as Berenberg come in with price target hike. The company boasting a market capitalisation of £2.67 billion, and over the past twelve months,
UK Supermarkets See Shifting Tide As Asda Falters – MKS Shares Lead TSCO, SBRY, OCDO Through 2024
Supermarkets in the UK experienced a wave of increased sales over the summer period, largely thanks to a spike in demand fuelled by warm weather and the summer holidays. Notably, sales surged by 5.5% between July and August,
Antofagasta Share Price Target Cut Twice in a Week by Scotiabank
Antofagasta plc (LON: ANTO), the Chilean copper mining company, has seen its share price target cut twice by Scotiabank this week. The investment bank has cited weaker glob
JD Sports Shares Jump as Quarterly Sales Boosted By International Expansion
Sportswear retailer JD Sports Fashion (LON: JD.) has seen its shares rally in early Thursday trading following a strong second-quarter trading update. [stock_market_widget typ
FTSE 100 Edges Up As CMA Approval For Barratt/ Redrow Deal Nearing?
The FTSE 100 index has recorded marginal gains, adding 0.21%, propped up by an uptick in the mining sector due to a rebound in iron ore prices. The UK's public borrowing figures, however, have painted a less rosy picture, com
Card Factory Shares: Up 18% This Year, Is It One to Watch?
Card Factory (LON: CARD) has seen an 18% rise in its share price this year. With ambitious plans to expand, should investors be keeping an eye on the stock? [stock_market_widg
Why Have Burberry Shares Plunged 51% This Year
The once-thriving luxury fashion retailer Burberry (LON: BRBY) has seen its shares plummet by over 50% year-to-date, raising serious concerns among investors and analysts.
Anglo American Seeks First-Round Coal Mine Bids
Anglo American (LON: AAL) has set a deadline for initial bids for its Australian metallurgical coal mines by September 9, industry sources informed. This move is part of the company's broader strategy to exit from its coal bu