UK Stock News
BP Strategy Shift To See Green Energy Investment Cut
BP shares ended the day down 1.74%, as the firm announced a significant shift in its business strategy, aiming to enhance its share price by increasing its oil-and-gas production while reducing investments in clean energy. Th

TT Electronics Share Target Cut Following Delayed Results
Shares of TT Electronics (LON: TTG) continued to decline Wednesday after the company's announcement of a two-week delay in its FY24 results, which were initially scheduled for release in early March.

B&M Shares: Down 45% in the Last 12 Months, Can it Turnaround?
B&M European Value Retail SA (LON: BME) shares have endured a sharp decline, with its stock down 45% over the past year, but Morgan Stanley believes a turnaround may be on the horizon.Â

Wood Group Share Price Rally Continues After Confirming Takeover Approach
John Wood Group (LON: WG.) extended gains on Tuesday after the company confirmed it had received a takeover approach from Sidara, an engineering firm that previously walked away from acquisition talks last year.

Goldman Sachs: Standard Chartered Underlying Numbers Better Than Expected
Goldman Sachs analysts said in a note this week that Standard Chartered’s (LON: STAN) underlying Q4 2024 performance exceeded expectations, despite headline financials being impacted by several large items.

Centrica Shares Make New 52 Week High as Dividend Increases
Centrica's share price (LON: CNA) hit a new 52 week high in the most recent session, touching 152.20 as the owner of British Gas reported financial results that exceeded market expectations, and announced an increase in its d

B&M Shares Drop: Lowers Guidance, CEO to Retire
B&M European Value Retail (LON: BME) shares fell more than 8% on Monday after the company lowered its full-year profit guidance and announced the retirement of CEO Alex Russo.

Glencore ‘Could Deliver Self-Help Strategy to Unlock Value’
Goldman Sachs reiterated its Buy rating on Glencore (LON: GLEN) in a note last week but lowered its price target to 420p from 500p, following the company’s preliminary 2024 results.Â

Lloyds Shares Add 21% YTD, as Buyback Boosts Holders
Lloyds' share price (LON: LLOY) is up 1.37% in trading today, bringing the impressive year-to-date return to 21.33%, barely two months in. It is not all plain sailing

Hilton Food Group Has Significant Potential in Central Europe: Shore Capital
Shore Capital said in a note this week that it recently visited Hilton Food Group's (LON: HFG) Central Europe Factory (HFCE), its manufacturing facility based in the Silesia region of Southern Poland.

BP is a ‘Prime Ceasefire Beneficiary’
JPMorgan raised BP (LON: BP) from Underweight to Neutral this week, increasing its price target for the stock from 440p to 510p. Analysts at the investment bank cited

Burberry Shares Gain 13% YTD, Company Set To Rejoin the FTSE 100?
Burberry's share price (LON: BRBY) has impressively added 13% since the start of the year, less than 2 months ago. This brings the rebound in the stock to more than 90% in less than 6 months from September lows.

Zoo Digital Shares Plunge as Revenue, EBITDA Expected to Miss Expectations
Zoo Digital’s (LON: ZOO) share price plummeted by over 36% on Thursday after the company warned that revenues and EBITDA are expected to be below market expectations, despite an improved order book. In addition, dubbing reven

Wise Share Price Target Cut But Analyst Remains Bullish
In a note to clients this week, Jefferies lowered its price target on Wise plc (LON: WISE) to 1,247p from 1,353p, maintaining a Buy rating on the stock. [stock_market_widget

FTSE 100 Hit’s Low of The Week as UK Inflation Jumps
The FTSE 100 is trading down 0.61% today to make the lowest point of the week, as several significant corporate developments coincided with a rise in UK inflation. The headline index dropped by 53.38 points to 8,713, with Gle

Glencore Shares Slide After Reporting 2024 Profit Decline
Glencore’s (LON: GLEN) share price fell after the commodities giant reported a 16% drop in adjusted EBITDA for 2024, driven by lower energy coal prices. The company s

Jet2 Shares Plunge as Profit Margins Could ‘Come Under Some Pressure’
Jet2 (LON: JET2) shares fell sharply Wednesday after warning profit margins may face pressure in the year ahead due to cost headwinds and a later booking profile. [stock_marke

Antofagasta Shares Gain as Firm Sees Growth in Revenue and Profits for FY24
Copper mining giant Antofagasta's shares (LON: ANTO) gained early in London, before tapering into the early afternoon. Having been up more than 3% early as earnings were digested, the share price now stands 0.68% up on the da

Castings Share Price Tumbles as Demand Drops Further in Q3
Castings PLC (LON: CGS) shares fell sharply Tuesday after the company issued a trading update warning of weaker-than-expected profitability due to declining demand in the heavy truck market, which accounts for approximately 7

Berenberg Starts Costain Group at Buy, Lifts Trustpilot Target
Berenberg initiated coverage of Costain Group (LON: COST) with a Buy rating and a 140p per share price target in a note Monday, citing improved profitability and stronger free cash generation.

Tesco Shares Threaten a Break Above 400 as Price Reaches Decade High
Tesco shares (LON:TSCO) have made further 52-week highs during this trading week, hitting a mark of 398.10 before settling down at 393.70Â today. The bullish trend has been in tact for a little while now, with gains of 5.63% s

Morgan Stanley: AstraZeneca Shares at a ‘Compelling Entry Point’
Morgan Stanley initiated coverage of AstraZeneca (LON: AZN) in a note this week, giving the company’s shares an Overweight rating, citing a "compelling entry point" ahead of key clinical pipeline readouts.Â

Wood Group Shares Plunge 30% as CEO ‘Disappointed’ in Financial Performance
Wood Group (LON: WG.) shares plummeted 30% on Friday after the company warned of weaker-than-expected trading in Q4 and negative free cash flow for 2025. [stock_market_widget
