JP Morgan cuts NatWest to 'neutral' after BoE dividend move
11th Dec 2020 08:30
(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.
Read moreBofA doesn't expect BoE to ease even if Brexit news is negative
10th Dec 2020 14:41
(Sharecast News) - Britain and the European Union will most likely agree a Brexit deal, but should they fail, then the Bank of England would restart its asset purchases and cut interest rates, by 50 basis points eventually, economists at Bank of America said.
Read moreSector movers: Oil&Gas stocks and Banks pace gains
2nd Dec 2020 18:12
(Sharecast News) - Commodity and financial stocks were again at the top of the leaderboard in the middle of the week, helped by ongoing optimism around the macroeconomic outlook for 2021.
Read moreWednesday broker round-up
2nd Dec 2020 13:11
(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.
Read moreDeutsche ups targets for Barclays and other UK banks
2nd Dec 2020 11:08
(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read moreSector movers: Lenders start December on front foot, Citi and Goldman upbeat
1st Dec 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
Read moreBarclays pledges power cut in green update
30th Nov 2020 09:45
(Sharecast News) - Barclays said it expected to cut the CO2 impact of its power portfolio by 30% by 2025 as the bank set out a series of measures to reduce its environmental impact.
Read moreBank may soften resistance to restart of UK lenders' dividend payouts
23rd Nov 2020 12:27
(Sharecast News) - UK regulators may be set to ease their resistance to dividend payments starting from early 2021.
Read moreJP Morgan most positive on dividend restarts at NatWest Group and Barclays
23rd Nov 2020 12:09
(Sharecast News) - Analysts at JP Morgan sounded a particularly positive note on the outlook for Barclays and NatWest Group after Bloomberg reported at the weekend that the Prudential Regulatory Authority would consider easing their resistance to dividend payouts from UK lenders on a case-by-case basis.
Read moreBofA stays 'overweight' value versus growth, spies upside potential
20th Nov 2020 13:23
(Sharecast News) - Strategists at Bank of America reiterated their 'overweight' stance on so-called 'value' stocks versus 'growth', telling clients that it was the best way to position for an economic recovery into 2021 with potential upside to be had in the group versus their base case.
Read moreDoor Dash files with SEC in record year for US IPOs
13th Nov 2020 14:28
(Sharecast News) - America's largest food delivery platform has filed to go public.
Read moreSector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreBrexit deal may be ready by early November - Bloomberg
28th Oct 2020 14:34
(Sharecast News) - A Brexit deal could be ready by early November after progress made by negotiators in unblocking disagreements on maintaining a s0-called 'level playing field' between the UK and the European Union.
Read moreJP Morgan sees increasing chances of capital returns from UK banks in 2021
26th Oct 2020 12:31
(Sharecast News) - "We believe it's hard to overstate the importance of [a successful Brexit deal] (despite lower economic impact) for UK bank share prices as well as potential capital return," analysts at JP Morgan said.
Read moreDeutsche Bank says Barclays diversified income stream 'underappreciated'
26th Oct 2020 12:02
(Sharecast News) - Analysts at Deutsche Bank reiterated their 'buy' stance for shares of Barclays, arguing that the merits of its diversified income streams was going underappreciated.
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