UK Stock News
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
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
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
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
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,
(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
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.
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.
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
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
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.
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
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
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.
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.
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
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
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
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
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
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
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
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.