Broker 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.

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JPMorgan 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.

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London 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.

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Centrica 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.

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London 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.

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London 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.

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London 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.

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Citi 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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London close: Stocks slip as US jobless claims rise

20th Feb 2025 16:06

(Sharecast News) - London equities ended lower on Thursday as investors reacted to a higher-than-expected rise in US jobless claims and a decline in UK consumer confidence.

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Centrica raises dividend, expands share buybacks after EBITDA fall

20th Feb 2025 07:31

(Sharecast News) - Centrica shares were surging on Thursday morning, even after it reported a sharp decline in full-year profits for 2024, with adjusted EBITDA falling to £2.3bn from £3.5bn in 2023, as it declared an increased dividend and announced a further £500m in share buybacks.

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London close: Stocks mixed in quiet post-Christmas trade

27th Dec 2024 14:38

(Sharecast News) - London markets closed on a mixed note Friday in subdued trading, as the ongoing holiday period kept activity light with little news to influence sentiment.

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UK energy firms ordered to offer 'zero' standing charges tariffs by Ofgem

12th Dec 2024 12:05

(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees.

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Centrica on track to hit forecasts, ups buyback plan by £300m

10th Dec 2024 07:51

(Sharecast News) - British Gas owner Centrica said it expects full-year profits to match analysts' estimates as it beefed up its share buyback programme by £300m.

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Centrica and EDF extend operations at four nuclear power stations

4th Dec 2024 07:34

(Sharecast News) - Energy suppliers Centrica and EDF have announced the extension of the lives of four operational nuclear power stations, which they say will help maintain grid stability in the UK.

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London close: Stocks mixed as government borrowing rises

22nd Oct 2024 15:23

(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.

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