London close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreLondon close: Stocks turn lower on renewed interest rate concerns
5th Feb 2024 16:22
(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.
Read moreMorgan Stanley upgrades Landsec to 'overweight'
5th Feb 2024 09:34
(Sharecast News) - Morgan Stanley upgraded its stance on Land Securities to 'overweight' from 'equalweight' on Monday and reiterated its 'overweight' rating on British Land as it pointed to stabilising property yields.
Read moreBerenberg starts British Land and Land Securities at 'buy'
11th Jan 2024 10:39
(Sharecast News) - Analysts at Berenberg initiated coverage on real estate businesses British Land and Land Securities with 'buy' ratings on Thursday and noted that the groups were still seen as proxies for the UK real estate sector.
Read moreSunday share tips: Top picks to consider for 2024
31st Dec 2023 10:21
(Sharecast News) - The Sunday Times and Mail on Sunday have offered their top investment tips for 2024, which includes stocks from a variety of sectors such cruises and market research to metals and real estate.
Read moreLondon close: Stocks mixed as investors mull fresh data
5th Dec 2023 15:26
(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read moreGoldman upgrades Landsec, British Land
5th Dec 2023 07:56
(Sharecast News) - Goldman Sachs upgraded Land Securities and British Land on Tuesday as it took a look at the European real estate sector.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read moreLondon close: Stocks turn higher on cooler US inflation report
14th Nov 2023 16:18
(Sharecast News) - London's stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.
Read moreLandsec portfolio valuation dives on higher interest rates
14th Nov 2023 09:51
(Sharecast News) - Real estate group Landsec saw a near-5% fall in net assets per share in its fiscal first half as it wrote down its portfolio by £375m, but said it expects a pick-up in investment activity in 2024.
Read moreLondon close: Stocks finish firmer after upward revision to UK GDP
29th Sep 2023 16:15
(Sharecast News) - Stocks in London ended the week on an optimistic note as investors took time to assess many indicators, including encouraging news regarding the UK's economic growth.
Read moreBroker tips: Marks & Spencer, Intertek, Landsec
29th Sep 2023 12:21
(Sharecast News) - Bank of America Merrill Lynch upgraded Marks & Spencer on Friday to 'buy' from 'neutral' as it argued the stock is still too cheap and consensus earnings too low.
Read moreDownside priced in at Landsec, Shore Capital upgrades to 'hold'
29th Sep 2023 08:18
(Sharecast News) - Shore Capital has raised its recommendation for property group Landsec from 'sell' to 'hold', saying that the risk-reward has is now more balanced.
Read moreLondon close: Stocks finish choppy session in the red
27th Sep 2023 14:13
(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.
Read moreJefferies cuts Reit ratings as office vacancies mount
27th Sep 2023 11:51
(Sharecast News) - Jefferies has downgraded a number of real estate investment trusts, including British Land, on the back of waning demand for office space.
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