UK Stock News
Mulberry Labels Latest Frasers Proposal as ‘Untenable’
Mulberry Group (LON: MUL) firmly rejected a takeover bid from Frasers Group (LON: FRAS) on Tuesday, labelling the proposed offer as "untenable." [stock_market_widget type="cha
IAG Shares: FCF and Buybacks ‘to Drive the Next Leg’
International Airlines Group (LON: IAG) shares are poised for further growth, according to a note from Goldman Sachs this week. [stock_market_widget type="chart" template="lin
Vesuvius Share Price (LON: VSVS) Hit’s New 52 Week Low, As JP Morgan Trims Target
Shares of Vesuvius PLC (LON: VSVS) had a day of up's and down's to begin the week, with a gap up first thing fading as the day progressed, leaving the stock back where it started, 52 week lows. Vesuvius' share price has endur
Is UK Infrastructure Set to Get Borrowing Boost?
As the UK braces for the upcoming budget announcement, there's a prevailing sense among government bond investors that Chancellor Rachel Reeves might opt for a sizable increase in borrowing, provided the funds are earmarked f
Cerillion Shares (LON: CER) Gain as Outlook & Price Target Raised
Analysts at Canaccord Genuity have revised their target price on shares of software firm Cerillion, upping the figure from 1675p to 2000p on Monday following the group's strong performance outlook for FY24. This uptick repres
Nigeria Rejects Shell’s Asset Sale Plan
Nigeria has made a significant move in its oil and gas sector by rejecting the proposed sale of Shell's onshore and shallow-water assets in the oil-rich Niger Delta region. The Nigerian Upstream Petroleum Regulatory Commissio
Richemont Shares Are Not Immune to Macro Headwinds
Richemont (SIX: CFR) shares were cut to Neutral by Goldman Sachs in a recent research note, with the investment bank stating that the company is "not immune to macro headwinds."
Avacta and Tempus Join Forces to Advance AI-Driven Drug Development in Oncology
Life sciences company Avacta Therapeutics (LON: AVCT) announced a strategic partnership with Tempus AI, Inc. (Nasdaq: TEM), an artificial intelligence-driven precision medicine firm.
UK Financial Sector Gears Up for Busy Week (LLOY, NWG)
The financial and consumer goods sectors are poised for a bustling week ahead as several blue-chip companies in London are scheduled to release earnings updates
Bunzl Q3 Volume ‘Continued to be Weak’
Bunzl (LON: BNZL) shares fell over 1% at the start of Friday's session, not helped by a rating downgrade from Citi on Thursday. [stock_market_widget type="chart" template="lin
Boohoo shares fall amid leadership change, debt refinancing
Online fashion retailer Boohoo Group's (LON: BOO) shares declined in early Friday trading after a series of corporate announce
FTSE 100 Moves Up, Can We Expect a Retest of 8,400?
The FTSE 100 Index saw a cautious beginning to day slowly build a head of steam, with a 33 point gain (+0.4%) leaving many bulls wondering whether this will finally l
Entain Stock Faces Headwinds Amid Potential UK Gambling Tax Hike
Sports betting and gaming group Entain (LON: ENT) will face significant headwinds if the UK government considers a potential tax hike on the gambling industry, according to a note from Goldman Sachs.
N Brown Shares Surge After Agreeing Takeover
Simply Be and Jacamo owner N Brown Group (LON: BWNG) saw its shares soar more than 42% on Thursday after announcing it had reached an agreement on a recommended cash acquisition by Falcon 24 Topco Limited, a company owned and
Persimmon Shares (LON:PSN) Closing In On New Highs
In recent months, holders of Persimmon shares (LON: PSN) have witnessed a noteworthy increase in the company's price, which has added a further 2.8% in trading today, to bring YTD gains to an impressive 23.98%. The UK-based h
Tesco and Shell Secure UK Solar Project Output (TSCO, SHEL)
In a significant advancement for renewable energy sourcing in the United Kingdom, retail giant Tesco (LON: TSCO) and energy conglomerate Shell (LON: SHEL) have entered into long-term agreements for the entire output of a 373-
Unexpected Drop in UK Inflation Hints At Potential Rate Cuts, GBP Falls
In a surprising twist, UK inflation has declined to 1.7% in the year to September, signaling the lowest rate in over three and a half years. This development comes unexpectedly and could potentially set the stage for the Bank
UK Banking Stocks: Jefferies Bullish on ‘Unique Exposure’
Analysts at Jefferies are bullish on UK domestic bank, adjusting the price targets for Barclays (LON: BARC),
Marks & Spencer Shares’ (MKS) New 52 Week High As Price Target Raised
In a vote of confidence for the venerable British retailer, JPMorgan has raised its price target for Marks & Spencer shares (LON: MKS) from 360 to 425 GBp, maintain
Whitbread Shares Jump as Premier Inn Owner On Course to Deliver ‘Step Change’ in Profits, Margins, and Returns
Premier Inn owner Whitbread (LON: WTB) saw its shares jump over 4% on Wednesday after unveiling plans to significantly boost profits, margins, and shareholder returns over the next five years.
Is A BrewDog IPO Expected Anytime Soon?
There has been much speculation about a BrewDog IPO, and with many wondering when, or if it will happen, comments from a co-founder may provide some insight into what is a changing UK market.
NatWest Shares (LON:NWG) Gain Double Upgrade
Jefferies, the prominent investment banking firm, has changed its tune on NatWest (LON: NWG), upgrading the UK-based banking group from 'underperform' to 'buy.' This double upgrade from bearish to bullish in recommendation re