FTSE 100 dips as Burberry shares tumble, pound edges up
LONDON - The UK's FTSE 100 Index closed lower today, with a notable decline in several major companies. Burberry Group (OTC:BURBY) PLC experienced a significant drop, with shares plummeting...
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Ocado News & Analysis
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Marks and Spencer reports significant profit boost, reinstates dividend
UK retailer Marks and Spencer (LON:MKS) (M&S) reported a pre-tax profit of £326 million for the first half of its fiscal year, marking a considerable increase from £208...
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FTSE 100 index dips, Anglo American PLC leads decline
In Tuesday's trading, the FTSE 100 Index experienced a slight dip of 0.10% to close at 7,410.04 points. Mining company Anglo American (JO:AGLJ) PLC led the downturn among constituents,...
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Dodge & Cox doubles stake in Entain, mixed movements in UK and European markets
On Tuesday, investment management firm Dodge & Cox increased its stake in Entain, the owner of Ladbrokes (LON:LCL) and Coral, from 5.01% to 10.33%, becoming the second-largest...
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BofA Securities initiates coverage of Ocado at 'buy' with a price target of £8.50
An analyst from BofA Securities initiated coverage of Ocado (LON: OCDO) at 'buy' with a price target of £8.50. Prior to this rating, Ocado had 5 buy ratings, 3 hold ratings, and 6...
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FTSE 100 dips amid declines in key constituents; Ocado Group leads gains
The FTSE 100 Index closed at 7,417.73 on Friday, marking a dip of 0.39%, as significant decreases were observed in the shares of key constituents such as Shell PLC (LON:SHEL), Compass...
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FTSE 100 climbs 1.42% led by Ocado Group, pound strengthens against dollar
The FTSE 100 Index in the UK closed higher on Thursday, with a 1.42% increase to end at 7,446.53 points. The surge was primarily driven by a 7% jump in the shares of Ocado (LON:OCDO) Group...
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FTSE 100 Index Rises, Bolstered by Bhp Group and Lloyds Banking Group
The FTSE 100 Index showed an upward trend on Wednesday, closing at 7,414.34 after a 0.33% rise. This positive momentum was driven by share increases from companies such as BHP Group...
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FTSE 100 Dips as Fresnillo Leads Losses, Flutter Entertainment Tops Gainers
The FTSE 100 Index UKX closed lower on Monday, slipping by 0.37% to settle at 7,374.83 points. The decline was led by precious metals company Fresnillo PLC (LSE:LON:FRES), which saw a...
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CFRA downgrades Ocado to 'hold' with a price target of £6.00
An analyst from CFRA downgraded Ocado (LON: OCDO) from 'buy' to 'hold' with a price target of £6.00 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6...
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FTSE 100 Edges up as Middle East Conflict Boosts Commodity Stocks
The FTSE 100 made a slight gain at the start of the week on Monday, driven by a surge in commodity-linked stocks due to escalating fears surrounding the Middle East conflict. The index began...
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Barclays downgrades Ocado to 'underweight' with a price target of GBP4.30
An analyst from Barclays downgraded Ocado (LON: OCDO) from 'equalweight' to 'underweight' with a price target of GBP4.30 from a prior price target of %currency%%price%. Prior to this...
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FTSE 100 Slips, St. James’s Place PLC Leads Losses
The FTSE 100 index experienced a 0.59% decline on Friday, led by a significant 21.79% drop in shares of St. James's Place PLC. Other prominent losers included Ocado (LON:OCDO) Group PLC,...
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FTSE 100 Rallies With Ocado Leading the Charge
The FTSE 100 Index witnessed a significant increase on Tuesday, closing at 7,628.21, marking an ascent of 1.82%. The rise was led by Ocado Group PLC (LSE:LON:OCDO) whose shares soared by...
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UK Retail Stocks Rise as Bank of England Pauses Interest Rate Hikes
Thursday's trading session saw UK stocks initially decline, only to rebound later in the day. The FTSE 100 stock index ended up trading 0.24% higher, bolstered by gains in retail and...
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UBS maintains Ocado at 'neutral' with a price target of GBP4.80
An analyst from UBS maintained Ocado (LON: OCDO) at 'neutral' with a price target of GBP4.80. Prior to this rating, Ocado had 6 buy ratings, 5 hold ratings, and 4 sell ratings. For...
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RBC Capital maintains Ocado at 'underperform' with a price target of GBP5.00
An analyst from RBC Capital maintained Ocado (LON: OCDO) at 'underperform' with a price target of GBP5.00 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6...
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European stocks mixed; Fed meeting, eurozone CPI prompt caution
Investing.com - European stock markets traded in a mixed fashion Tuesday, as investors await the start of the crucial two-day U.S. Federal Reserve policy meeting as well as the release of...
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European stock futures drift lower; Fed meeting, eurozone CPI in spotlight
Investing.com - European stock markets are expected to open in a subdued manner Tuesday, as investors await the start of the crucial two-day U.S. Federal Reserve policy meeting as well as...
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Morgan Stanley maintains Ocado at 'underweight' with a price target of GBP3.90
An analyst from Morgan Stanley maintained Ocado (LON: OCDO) at 'underweight' with a price target of GBP3.90. Prior to this rating, Ocado had 6 buy ratings, 5 hold ratings, and 4 sell...
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HSBC maintains Ocado at 'reduce' with a price target of GBP5.45
An analyst from HSBC maintained Ocado (LON: OCDO) at 'reduce' with a price target of GBP5.45 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy ratings,...
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Former Mastercard chair to head NatWest Group following debanking row
In the wake of a debanking row involving Nigel Farage, which led to the ousting of its chief executive, NatWest Group has appointed former Mastercard chair, Richard Haythornthwaite, as its...
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Rick Haythornthwaite to succeed Howard Davies as NatWest Group chair amid recent controversies - Sky News
Rick Haythornthwaite, formerly the chair of Centrica (OTC:CPYYY) PLC and Network Rail Ltd, is set to replace Howard Davies as the chair of NatWest Group PLC, as reported by Sky News on...
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Morgan Stanley maintains Ocado at 'underweight' with a price target of GBP3.90
An analyst from Morgan Stanley maintained Ocado (LON: OCDO) at 'underweight' with a price target of GBP3.90. Prior to this rating, Ocado had 6 buy ratings, 5 hold ratings, and 4 sell...
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HSBC maintains Ocado at 'reduce' with a price target of GBP5.20
An analyst from HSBC maintained Ocado (LON: OCDO) at 'reduce' with a price target of GBP5.20 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy ratings,...
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Barclays maintains Ocado at 'equalweight' with a price target of GBP6.80
An analyst from Barclays maintained Ocado (LON: OCDO) at 'equalweight' with a price target of GBP6.80 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy...
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Barclays maintains Ocado at 'equalweight' with a price target of GBP6.40
An analyst from Barclays maintained Ocado (LON: OCDO) at 'equalweight' with a price target of GBP6.40 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy...
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Morgan Stanley maintains Ocado at 'underweight' with a price target of GBP3.90
An analyst from Morgan Stanley maintained Ocado (LON: OCDO) at 'underweight' with a price target of GBP3.90 from a prior price target of %currency%%price%. Prior to this rating, Ocado had...
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Tesla, Darden Restaurants, Accenture fall premarket; Root rises
Investing.com -- Stocks in focus in premarket trade on Thursday, June 22nd. Please refresh for updates. Amazon (NASDAQ:AMZN) stock rose 0.2% even after the U.S. FTC accused the online...
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Dow futures slip ahead of Powell's reappearance; Amazon in focus
Investing.com -- U.S. stock futures are trading lower Thursday, as the recent tech-inspired rally loses steam with Fed chief Jerome Powell maintaining his view that future rate hikes look...
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Ocado shares spike over 40% on report Amazon may bid
Ocado Group (LON:OCDO) (OTC:OCDGF) shares surged as much as 43% in London on Thursday amid market rumors that the company is being eyed up by Amazon (NASDAQ:AMZN). A report in The Times...
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HSBC maintains Ocado at 'reduce' with a price target of GBP3.70
An analyst from HSBC maintained Ocado (LON: OCDO) at 'reduce' with a price target of GBP3.70 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy ratings,...
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JPMorgan maintains Ocado at 'underweight' with a price target of GBP4.00
An analyst from JPMorgan maintained Ocado (LON: OCDO) at 'underweight' with a price target of GBP4.00 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy...
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Exane BNP Paribas upgrades Ocado to 'neutral' with a price target of GBP3.65
An analyst from Exane BNP Paribas upgraded Ocado (LON: OCDO) from 'underperform' to 'neutral' with a price target of GBP3.65. Prior to this rating, Ocado had 6 buy ratings, 6 hold ratings,...
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UBS maintains Ocado at 'neutral' with a price target of GBP4.80
An analyst from UBS maintained Ocado (LON: OCDO) at 'neutral' with a price target of GBP4.80 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 6 buy ratings,...
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JPMorgan maintains Ocado at 'underweight' with a price target of GBP4.50
An analyst from JPMorgan maintained Ocado (LON: OCDO) at 'underweight' with a price target of GBP4.50 from a prior price target of %currency%%price%. Prior to this rating, Ocado had 5 buy...
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