UK inks £10bn warship deal with Norway, defence stocks pop
1st Sep 2025 07:44
(Sharecast News) - Defence stocks were in the green in London on Monday, after the UK secured its largest-ever warship export deal.
Read moreLondon close: Stocks higher on hopes of geopolitical easing
19th Aug 2025 17:11
(Sharecast News) - London equities closed higher on Tuesday as investors weighed the possibility of progress towards ending the Ukraine war, after US president Donald Trump said he was arranging a meeting between his Ukrainian and Russian counterparts.
Read moreLondon close: Stocks mixed as world watches Ukraine talks
18th Aug 2025 17:50
(Sharecast News) - London equities ended Monday in mixed territory amid subdued trading, as investors monitored geopolitical developments and looked ahead to a key gathering of central bankers later in the week.
Read moreRBC Capital starts coverage of Babcock at 'outperform'
18th Aug 2025 08:50
(Sharecast News) - RBC Capital Markets initiated coverage of Babcock on Monday with an 'outperform' rating and 1,200p price target.
Read moreLondon close: Stocks slip on slew of UK data
30th Jun 2025 17:40
(Sharecast News) - London stocks ended lower on Monday as investors digested a series of UK economic data and monitored developments in North American trade negotiations.
Read moreCiti hikes Babcock price target, reiterates 'buy' rating
30th Jun 2025 07:42
(Sharecast News) - Citi hiked its price target on Babcock on Monday to 1,338p from 730p and reiterated its 'buy' rating as it said growth is likely to accelerate over the next 10 years.
Read moreLondon close: Stocks finish higher on US trade optimism
27th Jun 2025 17:34
(Sharecast News) - London stocks finished higher on Friday, lifted by renewed optimism over a potential US-China trade agreement as investors digested some fresh data from across the pond.
Read moreDeutsche Bank downgrades Babcock, shares slump
27th Jun 2025 14:53
(Sharecast News) - Deutsche Bank downgraded shares of defence firm Babcock International on Friday to 'hold' from 'buy', saying it was pausing for breath, but lifted the price target to 1,115p from 965p.
Read moreBerenberg hikes target price on Babcock
26th Jun 2025 09:46
(Sharecast News) - Analysts at Berenberg hiked their target price on aerospace and defence firm Babcock from 910.0p to 1,350.0p on Thursday, stating the group appeared to be "making waves below the surface".
Read moreLondon close: Stocks slip as geopolitical caution resurfaces
25th Jun 2025 17:39
(Sharecast News) - London stocks closed negative territory on Wednesday as investor caution resurfaced amid ongoing geopolitical tensions despite a fragile ceasefire between Israel and Iran.
Read moreBabcock lifts margin targets as govts ramp up defence spending
25th Jun 2025 07:04
(Sharecast News) - Shares in Babcock surged by 13% on Wednesday as the UK defence and nuclear engineering company said it expected to hit its underlying operating margin of 8% a year early and increased its medium-term target in a 'new era' of weapons spending amid global political instability.
Read moreLondon close: Stocks weaker on rising Middle East tensions
13th Jun 2025 15:14
(Sharecast News) - London equities closed in the red on Friday, as investors reacted to heightened geopolitical tensions following Israeli strikes on Iranian nuclear facilities.
Read moreLondon close: Stocks rise as US payrolls beat forecasts
6th Jun 2025 16:47
(Sharecast News) - London equities ended the week on a positive note, with investors reacting to stronger-than-expected US labour market data.
Read moreLondon close: Stocks higher on service data, tariff reprieve
4th Jun 2025 18:04
(Sharecast News) - London equities closed modestly higher on Wednesday, supported by a rebound in the UK services sector and relief that the country avoided increased US tariffs on steel and aluminium.
Read moreJPMorgan puts Babcock on 'positive catalyst watch' ahead of results
4th Jun 2025 08:12
(Sharecast News) - JPMorgan Cazenove placed Babcock shares on 'positive catalyst watch' on Wednesday ahead of results on 25 June.
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