UK Stock News
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.
Carlsberg Agrees £3.3bn Deal to Acquire Britvic
Danish brewing giant Carlsberg has reached an all-cash agreement to acquire Britvic (LON: BVIC), a leading soft drinks manufacturer in the UK, for £3.3 billion. The deal wi
FTSE 100 Starts Week Lower Ahead of GDP Data on Thursday
The FTSE 100 has started the week beginning Monday, July 8, 2024, on the back foot, with the index declining 0.29% to 8,180.00 just after the opening bell. On Friday, London’s blue-chip index dropped by 0.45%, falling 37.33 p
Glencore Gains Final Approval For Elk Valley Resources Acquisition
Glencore (LON: GLEN) said Friday that it has secured the final regulatory hurdle for its acquisition of a 77% stake
Rolls-Royce Shares Trading Up As Barclays Lift Price Target to 495p
Rolls Royce shares (LON: RR) are trading up by 1.1% into the afternoon session, taking the YTD gains to a combined 54.65%. Bullish sentiment is continuing to
Glencore Halts Sale of Kazzinc Stake
Glencore PLC (LON: GLEN) has withdrawn from its planned sale of a significant share in Kazzinc, a major player in Kazakhstan's mining sector, after failing to
NatWest Shares (LON: NWG) Up This Morning As JP Morgan Hike Price Target, And Repurchase Continues
Natwest shares (LON: NWG) are trading higher this morning, up 1.3% as an upgraded price target moves the stock close to 50% gains through 2024 so far. With the firm's H1 results due on 26th July, attention is beginning to i
Direct Line at Inflection Point, Analyst Sees Attractive Risk/Reward
Goldman Sachs analysts view FTSE 250 stock Direct Line Insurance Group (LON: DLG) as nearing a turning point, highlighting an "attractive risk/reward opportunity" based on an expected improvement in underwriting and solvency.
3i Group Shares Are Up 61% in a Year – Is It Set For A Pull Back?
3i Group (LON: III) shares have been on a tremendous run, rising more than 61% over the last 12 months and over 125% since the start of 2023. That rise has been boosted by
Rio Tinto Shares (LON: RIO) Have Strong Day – Expanding Footprint in Battery Minerals
Rio Tinto shares (ASX, LON: RIO) ended the day as one of the better performers on the UK markets, with a 2.96% gain. In a significant move to strengthen its resources in the critical minerals sector, the leading mining compa
Top UK Supermarket Awards Sees Sainsbury’s Win Grocer of the Year
A shift has occurred in the British grocery landscape as Sainsbury's has been named Britain's grocer of the year at the Grocer Gold Awards, marking a significant milestone. For the first time in two decades, Marks & Spenc
FTSE 100 Index Rise as Miners Gain, UK Election Nears
The London stock market witnessed a rebound on Wednesday, with key indices making recoveries led by gains in the metal mining sector. The FTSE 100, the benchmark index for the UK's largest companies, was up by 0.54%, while th
GSK Strikes €1.4 Billion Vaccine Deal with CureVac
GlaxoSmithKline (LON:GSK), the global healthcare company, has announced a significant licensing arrangement with CureVac (NASDAQ: CVAC), an mRNA technology company, to
JD Sports Shares (LON: JD) Gap Down Amid Nike Performance Worries
Retailer JD Sports Fashion share price (LON: JD) saw a drop after Barclays analysts expressed concerns regarding its major supplier, Nike Inc. (NYSE: NKE). The stock gapped down on open this morning, and now trades 2.68% down
National Grid Added to JPMorgan Focus List – Share Price (LON: NG.) Continues To Gain
Analysts at US investment bank JPMorgan said the valuation of National Grid (LON: NG.) is currently attractive in a note to clients this week, adding the stock to its Analyst Focus List.
Sainsbury Shares: ‘There Remains A Lot To Like’ Says Shore Capital
Sainsbury (LON: SBRY) released its first-quarter trading statement on Tuesday. The statement revealed a 4.2% increase in sales year-on-year and a 3% rise in like-for-like sales, prompting positive commentary from at least one
Why are Anglo American Shares (LON: AAL) Down?
Shares in mining giant Anglo American (LON: AAL) experienced a notable decline on Monday, moving in to today's session with a total drop of almost 5%. A fire outbreak at the company's Grosvenor coal mine in Queensland, Austra
Wizz Air Shares Fall As June Passenger Numbers Edge Lower YoY
Shares of low-cost airline Wizz Air (LON: WIZZ) dipped more than 2% at the start of Tuesday's session after the company revealed its passenger numbers fell in June. Wizz Ai
Sainsbury Shares Slide Despite Q1 Sales Growth
Sainsbury's (LON: SBRY) shares fell over 1% at the open on Tuesday following its first-quarter trading statement. The supermarket giant reported sales growth in the quarter, driven by continued momentum in its grocery busines
Three Dividend ETFs Worth Considering for Passive Income
The amount of capital flowing in to ETFs has picked up pace in recent years, with a whole range of different assets and specialisms. US mutual funds and ETFs saw an inflow of $58 billion in in May, and the choice available is