LONDON BROKER RATINGS: Morgan Stanley cuts BAT; boohoo gets buy rating

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Citigroup cuts National Grid to ’neutral’ (buy) - price target 1,050 (985) pence...

Thu, 03/10/2024 - 09:39


TOP NEWS: Tesco in ‘good shape’ as ups outlook after strong first half

Tesco PLC on Thursday raised its annual guidance as more shoppers flocked to the aisles of the UK’s largest retailer.

The Welwyn Garden City, England-based...

Thu, 03/10/2024 - 09:34


LONDON MARKET OPEN: Stocks mixed; sterling falls after Bailey comments

Stock prices in London were mixed on Thursday morning after Bank of England Governor Andrew Bailey hinted at a more aggressive path for interest rate...

Thu, 03/10/2024 - 08:59


Irish service sector growth steps up in September, beating UK and US

The service sector continued to carry the broader Irish economy last month, as the manufacturing sector shrank, purchasing managers’ index survey results from S&P Global...

Thu, 03/10/2024 - 08:53


Jubilee Metals annual profit down as costs, low platinum prices weigh

Jubilee Metals Group PLC on Thursday described its annual operation performance as ‘strong’, though rising costs and falling platinum group metal prices dented its profit....

Thu, 03/10/2024 - 08:30


PRESS: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 08:28


Why you should buy Blue Whale Growth as the fund turns seven

Blue Whale Growth (BD6PG78) 236.07p 

Fund size: £1.1 billion


When most UK retail investors think about funds that invest in high-quality businesses, Terry Smith’s...

Thu, 03/10/2024 - 00:00


Handbags at dawn for Mulberry as Boohoo mulls break-up

Posh handbag maker Mulberry (MUL:AIM) has rejected (1 October) a potential £83 million takeover proposal from Frasers (FRAS), Mike Ashley’s sprawling retail conglomerate.

...

Thu, 03/10/2024 - 00:00


UK and European manufacturing activity continues to diverge

The UK manufacturing sector remained in ‘expansionary’ territory for a fifth month running in September with a reading of 51.5 on the S&P Global UK PMI...

Thu, 03/10/2024 - 00:00


Allegations crash Super Micro Computer in September

It’s been a bleak September for AI (artificial intelligence) super computer manufacturer Super Micro Computer (SMCI:NASDAQ), a popular stock with retail investors. First targeted by...

Thu, 03/10/2024 - 00:00


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