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LONDON BROKER RATINGS: Morgan Stanley cuts AB Foods and Sainsbury

The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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FTSE 100

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JPMorgan raises Relx price target to 4,850 (4,710) pence - ’overweight’

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RBC cuts JD...

Tue, 21/01/2025 - 09:35

Alpha Group shares jump as expects to post 20% revenue growth for 2024

Alpha Group International PLC on Tuesday saw its share price surge in response to positive 2024 trading, as the group anticipates full-year revenue growth of...

Tue, 21/01/2025 - 09:21

LONDON MARKET OPEN: European stocks up; investors digest Trump return

Stock prices in London, Paris and Frankfurt were higher on Tuesday morning, while the newest ONS data showed that UK earnings growth outpaced inflation.

Meanwhile,...

Tue, 21/01/2025 - 09:14

Elementis shares up as expects to beat consensus for operating profit

Elementis PLC on Tuesday celebrated double-digit profit growth across Coatings and Personal Care in the fourth quarter, boosting its outlook.

The London-based speciality chemicals and personal...

Tue, 21/01/2025 - 09:08

Kier starts £20 million buyback amid steady trading

Kier Group PLC on Tuesday announced a £20 million share buyback, as it said it ‘continued to trade well’ in the past six months.

Shares were...

Tue, 21/01/2025 - 09:05

abrdn shares rise as assets grow; confident in outlook and investments

abrdn PLC on Tuesday said it expects 2024 adjusted operating profit to be in line with current market expectations, as it posted an increase in...

Tue, 21/01/2025 - 09:01

IN BRIEF: Cognizant and Crowdstrike partner on cybersecurity deal

Cognizant Technology - Teaneck, US-based technology consultancy firm - Says it enters joint venture with CrowdStrike Holdings Inc - Austin, US-based cybersecurity developer - to...

Tue, 21/01/2025 - 08:44

Premier Foods eyes top-end profit as Sweet Treats lead sales rise

Premier Foods PLC on Tuesday said trading over Christmas was strong, led by growth in brands such as Mr Kipling cakes.

The St Albans, Hertfordshire-based maker...

Tue, 21/01/2025 - 08:43

Marshalls sees 2024 revenue slump amid lower demand from housebuilders

Marshalls PLC on Tuesday said it expects to post a fall in annual revenue for 2024, as activity in the private housing sector remains ‘subdued’....

Tue, 21/01/2025 - 08:38

Thungela picks De Beers executive as CEO after July Ndlovu retires

Thungela Resources Ltd on Tuesday it has hired De Beers executive Moses Madondo to be its new chief executive officer, starting on August 1.

Madondo...

Tue, 21/01/2025 - 07:45

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