Wednesday broker round-up
20th Feb 2019 13:19
(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read moreCMA pushes back deadline for Sainsburys-Asda merger decisions
11th Feb 2019 14:14
(Sharecast News) - The date of the report by the UK competition watchdog into the proposed merger between Sainsbury's and Asda has been pushed back by eight weeks.
Read moreIceland planning to bid for 'Sasda' supermarkets - report
11th Feb 2019 10:25
(Sharecast News) - Frozen food specialist Iceland may bid for a handful of stores that Sainsbury's and Asda are likely to be forced into selling in order to get clearance for their proposed merger.
Read moreTuesday broker round-up
5th Feb 2019 12:22
(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.
Read moreBerenberg 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.
Read moreTesco leads big four as vegan trend boosts sales - Kantar
5th Feb 2019 08:04
(Sharecast News) - Tesco, Asda and Morrisons led the way as sales of fruit and vegetables in supermarkets grew as 'Veganuary' took hold, but Sainsbury's had a dry January even though the sector's alcohol sales fizzed higher.
Read moreTuesday broker round-up
29th Jan 2019 13:10
(Sharecast News) - CVS: Berenberg downgrades to hold with a target price of 550p.
Read moreThursday broker round-up
10th Jan 2019 13:28
(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.
Read moreWednesday broker round-up
9th Jan 2019 12:26
(Sharecast News) - Nichols: Numis upgrades to add with a target price of 1,650p.
Read moreSainsbury's sales unravel over festive quarter
9th Jan 2019 07:06
(Sharecast News) - Sainsbury's reported a fall in revenues over the past 15 weeks due to a slump in general merchandise sales, which the grocer blamed on cautious customer spending and a decision to reduce Black Friday promotions.
Read moreAldi reports almost £1bn in Christmas sales as Morrisons slashes prices
7th Jan 2019 10:06
(Sharecast News) - Customer demand for the finer things boosted Aldi's sales in the UK over Christmas, with the grocer reporting almost £1bn in sales for December, which it put down to demand for its premium lines.
Read moreCMA pushes back timetable for Sainsbury-Asda probe
13th Dec 2018 11:19
(Sharecast News) - The UK competition regulator has given everyone a little more elbow room in its investigation of Sainsbury's proposed merger with Asda.
Read moreCMA rejects Sainsbury's and Asda's appeal for more time
12th Dec 2018 07:17
(Sharecast News) - UK competition authorities have told Sainsbury's and Asda they must stick the the current timetable, after the pair pleaded for more time to argue the case for their proposed £12bn merger.
Read moreSupermarket growth stumbles to slowest since March 2017 - Kantar
11th Dec 2018 08:06
(Sharecast News) - UK supermarkets have plunged into the gloom blanketing the rest of the retail sector, with fresh data on Tuesday showing the slowest growth rate since March 2017.
Read moreSupermarket sector speaks out against Sainsbury's-Asda merger
4th Dec 2018 09:43
(Sharecast News) - Grocers including Tesco, Morrisons, Lidl and Waitrose have warned antitrust regulators that the proposed £12bn merger between Asda and Sainsbury's would severely affect the competition in the supermarket sector.
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