Thursday preview: ECB, Morrisons in the spotlight

11th Sep 2019 17:50

(Sharecast News) - The spotlight on Thursday will be firmly on the European Central Bank's policy announcement.

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Investec upgrades Morrisons to 'buy', says supermarket weakness unwarranted

28th Aug 2019 14:49

(Sharecast News) - Investec upgraded its rating on Morrisons shares to 'buy' from 'hold' on Wednesday as it took a look at the UK supermarket sector, arguing that current weakness is unwarranted.

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'Big four' supermarkets see sales and market share declines - Kantar

20th Aug 2019 09:26

(Sharecast News) - Sales at Britain's 'big four' supermarkets fell in the 12 weeks to 11 August, according to figures released by research firm Kantar on Tuesday.

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Monday broker round-up

19th Aug 2019 12:50

(Sharecast News) - Avon Rubber: Berenberg reiterates buy with a target price of 1,800p.

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Sainsbury's continues to underperform but sales decline eases - Kantar

25th Jun 2019 08:49

(Sharecast News) - Sainsbury's has seen its sales decline ease, according to the latest data from Kantar, but the retailer continues to underperform its rivals.

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Amazon extends collaboration with UK retailer Morrison

13th Jun 2019 09:46

(Sharecast News) - Amazon is extending its alliance with UK retailer Morrison to offer 'same-day online grocery delivery' service to more cities across Britain.

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Morrisons posts solid sales growth in first quarter

9th May 2019 07:07

(Sharecast News) - Morrisons reported solid sales growth as the supermarket chain benefited from a busy Easter and continued its revival in a fiercely competitive market.

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Hot Easter helps drive stronger UK grocery sales, Kantar says

30th Apr 2019 08:05

(Sharecast News) - Grocery sales growth increased in the past three months as warm weather prompted shoppers to spend a record £2.5bn during the Easter week.

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Asda and Aldi overtake supermarket rivals - Kantar

2nd Apr 2019 08:03

(Sharecast News) - Asda moved up to become the second largest supermarket in Britain in recent weeks, while discounter Aldi overtook Morrisons in terms of shopper numbers.

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Thursday broker round-up

14th Mar 2019 13:22

(Sharecast News) - Savills: Peel Hunt downgrades to hold with a target price of 925p.

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Morrisons declares special dividend as further growth spied

13th Mar 2019 07:15

(Sharecast News) - Wm Morrison Supermarkets declared a 4p special dividend to celebrate a third consecutive year of strong sales and profit growth.

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Supermarkets benefit as shoppers stockpile food for no-deal Brexit

5th Mar 2019 08:49

(Sharecast News) - One in ten shoppers claim to have started stockpiling food to prepare for a no deal Brexit, according to the latest industry data, while Sainsbury's sales continued to fall.

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Thursday broker round-up

21st Feb 2019 15:04

(Sharecast News) - Sainsbury: Berenberg downgrades to hold with a target price of 235p.

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Tuesday broker round-up

5th Feb 2019 12:22

(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.

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Berenberg gives Morrisons the nod ahead of Sasda tie-up

5th Feb 2019 12:14

(Sharecast News) - Berenberg has upped its rating on supermarket chain Wm Morrison, arguing that it stands to benefit from the proposed merger between rivals J Sainsbury and Asda.

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