London 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 moreJPMorgan downgrades Centrica, cites limited valuation upside
30th Jun 2025 09:29
(Sharecast News) - JPMorgan Cazenove downgraded British Gas owner Centrica on Monday to 'neutral' from 'overweight' and trimmed the price target to 167p from 170p, citing limited valuation upside.
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 moreCentrica to take 15pc stake in Sizewell C nuclear project
27th Jun 2025 07:41
(Sharecast News) - Energy firm Centrica will take a 15% stake in Britain's Sizewell C nuclear project, according to the Financial Times, following years of delays and extensive negotiations.
Read moreLondon close: Stocks finish lower amid Middle East jitters
23rd Jun 2025 17:44
(Sharecast News) - London stocks ended slightly lower on Monday following a day of choppy trading, as investors took a cautious stance ahead of Iran's expected response to weekend US strikes on its nuclear facilities.
Read moreLondon close: Stocks rise on rate cuts, Ukraine optimism
20th May 2025 16:37
(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and renewed policy support from China.
Read moreCentrica sells Cygnus field stake to Ithaca Energy for £116m
20th May 2025 07:51
(Sharecast News) - North Sea operator Ithaca Energy on Tuesday said it had bought an additional 46.25% stake in the Cygnus gas field from Centrica's Spirit Energy in a £116m deal.
Read moreBroker tips: St James's Place, Centrica, Tate & Lyle
16th May 2025 13:57
(Sharecast News) - JPMorgan Cazenove reiterated its 'strong conviction' on overweight-rated St James's Place on Friday and lifted the price target to 1,310p from 1,205p.
Read moreJPMorgan trims Centrica price target but remains 'overweight'
16th May 2025 09:18
(Sharecast News) - JPMorgan Cazenove trimmed its price target on British Gas owner Centrica on Friday to 170p from 185p but said it remains 'overweight' the shares on upside from capital allocation discipline.
Read moreLondon close: Stocks mixed on BoE rate cut, US-UK trade deal
8th May 2025 14:59
(Sharecast News) - London equities ended Thursday in mixed territory, as investors digested US president Donald Trump declaring a US-UK trade deal, while the Bank of England delivered an expected interest rate cut.
Read moreCentrica North Sea losses seen higher, reiterates FY guidance
8th May 2025 08:40
(Sharecast News) - British energy and services firm Centrica reiterated its FY guidance on Thursday despite warning that losses were expected to increase at its Centrica Energy Storage+ subsidiary, which operates the UK's largest gas storage site in the North Sea.
Read moreLondon close: Stocks just manage to maintain winning streak
1st May 2025 17:39
(Sharecast News) - London stocks edged higher on Thursday, extending the top-flight index's winning streak to a 14th consecutive session even as investors assessed weaker-than-expected US economic data, with initial jobless claims rising to a three-month high.
Read moreLondon close: Stocks turn lower, Chemring and Wood Group surge
24th Feb 2025 15:22
(Sharecast News) - London stocks ended slightly lower on Monday as investors assessed the outcome of Germany's national election and market movements driven by corporate activity.
Read moreLondon close: Stocks little changed after UK data dump
21st Feb 2025 15:46
(Sharecast News) - London stocks closed with little direction on Friday as investors weighed fresh economic data, including signs of slowing private sector growth.
Read moreCiti reiterates 'buy' on Centrica, ups price target after 'stellar' results
21st Feb 2025 07:12
(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday and lifted its price target to 187p from 174p following the company's "stellar" results a day earlier.
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