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Diageo Shares Downgraded by Goldman Sachs

In a notable move by analysts at Goldman Sachs, Diageo (LON: DGE), the prominent FTSE 100 beverage company, has received a downgrade to a 'sell' rating accompanied by a lowered price target of 2450p. This shift in outlook com

Diageo drinks
Asktraders News Team
Unilever Shares (LON: ULVR) Up Today, As Cost Cutting Announcement Made

In an effort to revive growth and streamline operations, consumer goods giant Unilever (LON: ULVR) has announced plans to cut a third of its office positions across Europe by the end of 2025. This decision is part of the comp

Unilever Nigeria Plc
Asktraders News Team
Shell (LON:SHEL) Stock Retains Overweight Rating by JPMorgan

Investment bank JPMorgan has reiterated its 'overweight' rating on Shell shares (LON:SHEL), with a price target set at 3,500p. This recommendation reaffirms the

Shell Aktie Dividende
Asktraders News Team
Burberry Shares Tumble as Q1 Performance Disappoints

Burberry's (LON: BRBY) shares plunged over 11% following a disappointing first-quarter FY25 performance update. The luxury fashion house reported a 22% drop in retail reven

Burberry store
Sam Boughedda
FTSE 100 Slides As Market Assesses Weekend Events

The FTSE 100 has started the week beginning Monday, July 15, 2024, on the back foot, with the index falling 0.58% to 8,205.45 just after the opening bell. On Friday, London’s blue-chip index rose 0.36%, gaining 29.57 points,

Sam Boughedda
(LON: OCDO) Ocado Share Price Up More Than 35% From Lows

Ocado Group's share price (LON: OCDO) has surged more than 35% from the lows set at the end of June. Part of the catalyst for this price rally can be attributed to the announcement of plans to expand its technological infrast

Ocado delivery
Asktraders News Team
Funds Continue to Short Ocado Shares – Here’s why

Ocado (LON: OCDO) shares have rallied more than 24% in the last week, but the online grocery giant remains a contentious stock among investors, with several firms going short.

Ocado delivery
Sam Boughedda
Kingfisher Shares: Bullish or Bearish?

Kingfisher plc (LON: KGF), the parent company of B&Q and Screwfix, is subject to a mix of analyst views. While one camp sees the home improvement giant as a promising investment, others are taking a more cautious stance.

B&Q Kingfisher
Sam Boughedda
Will The New UK IPO Rules Impact London Listings?

The United Kingdom's Financial Conduct Authority (FCA) has announced a comprehensive overhaul of listing rules aimed at making London a more competitive destination for initial public offerings (IPOs). In the latest bid to dr

European IPOs
Asktraders News Team
FTSE 100 Index Showing Resilience

The FTSE 100 index has seen a notable start to 2024, striking record highs in May and demonstrating a resilience that outpaces its performance from the previous year. Desp

Asktraders News Team
Next Share Rating Boosted at Citi on Positive Consumer Environment

Next plc (LON: NXT) shares gained more than 2% in Wednesday's session after positive commentary and a re-rating from an analyst at one investment bank.

Next store
Sam Boughedda
British Airways Owner IAG’s Shares Jump – Here’s Why

IAG (LON: IAG) shares rose around 3% on Wednesday, fueled by a double-upgrade from Morgan Stanley. Analyst Conor Dwyer upgraded the stock from Underweight to Overweight, citing a more positive outlook on pricing and capacity

how to buy iag shares 2023
Sam Boughedda
Begbies Traynor Shares (LON:BEG) Gain Bullish Note With Price Target Cut

Canaccord has revised its price target for Begbies Traynor shares (LON:BEG), marking a reduction from 175p down to 158p. Despite the lowered price target, the firm continues to see a promising outlook for the company, maintai

Asktraders News Team
Diversified Energy Company to Acquire Eastern Texas Natural Gas Assets

Diversified Energy Company (LON: DEC) announced Wednesday that it has struck an agreement to acquire high-quality natural gas assets in eastern Texas from Crescent Pass Energy.

How to trade oil
Sam Boughedda
Barratt Developments Sees FY24 Profit ‘Slightly Ahead’ of Previous Expectations

UK housebuilder Barratt Developments (LON: BDEV) announced today that it expects to report a profit before tax for the fiscal year 2024 (FY24) that is slightly higher than previously anticipated.

Barratt
Sam Boughedda
Shell Bolsters LNG Operations

Shell PLC (LON: SHEL) has announced a significant step in expanding its Liquified Natural Gas (LNG) operations with the final investment decision (FID) for the d

shell liquid natural gas station
Asktraders News Team
Baltic Classifieds Group Stock (LON: BCG) Holds Bullish Analyst Targets

Baltic Classifieds Group shares (LON: BCG), the leading online classifieds platform in the Baltic region, has recently garnered positive attention from financial analysts. Berenberg Bank has initiated coverage on Baltic Class

baltic classifieds group logo
Asktraders News Team
Kinovo Forgoes Dividend Amid Profit Surge

Kinovo PLC shares (LON: KINO) have had a great start to July, delivering 14% of gains through the month to date. The firm announced robust financial growth today, though it did not declare a dividend following last year's su

kinovo logo
Asktraders News Team
HSBC and Visa Partner on Multi-Currency Zing App

In a notable move within the financial services industry, Visa (NYSE: V) and HSBC (LON: HSBA) have embarked on a technological partnership. The collaboration underlines the growing emphasis on digital payments solutions, aimi

zing logo by hsbc
Asktraders News Team
Vistry Group Shares (LON: VTY) Dip As Strong Trading Update Fails To Ignite Bulls

Vistry Group (LON: VTY), a prominent figure in the British homebuilding industry, has seen its shares dip by 2% in early morning trading. Despite this pullback, the recent trend for the stock has shown impressive 39% gains in

Vistry Group
Asktraders News Team
GSK Stock Rating Cut at UBS On Zantac Litigation Concerns

UBS analysts downgraded GSK shares (LON: GSK) in a note to clients Monday, citing concerns regarding its potential RSV vaccine Arexvy. The

GSK Office
Sam Boughedda
BP’s Q2 Profits to Be Impacted by ‘Significantly Lower’ Refining Margins

BP's (LON: BP.) second-quarter profits are expected to be hit by a significant drop in refining margins despite a rise in oil prices. In i

BP
Sam Boughedda
Trainline Share Price Target (LON: TRN) Boosted By JPMorgan to 410p

Trainline Plc shares (LON: TRN) have received a welcome adjustment by JPMorgan, with the firm's price target rising to 410p from 395p, while maintaining an Overweight rating on the stock.

Trainline logo office
Asktraders News Team
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