Friday broker round-up
28th Jun 2019 15:11
(Sharecast News) - QinetiQ: Credit Suisse downgrades to neutral with a target price of 325p.
Read moreTesco plans cashierless stores to compete with Amazon
26th Jun 2019 13:40
(Sharecast News) - The UK's largest grocery chain Tesco is planning to introduce cashierless stores in the country in a move that would cut costs and make it the leader in self-checkout food retail.
Read moreSainsbury'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.
Read moreSector movers: Grocers slip as investors eye digital threat
24th Jun 2019 17:02
(Sharecast News) - Grocers and General Retailers paced losses at the start of the week amid negative read-across from corporate transactions elsewhere in their respective sectors.
Read moreWednesday broker round-up
19th Jun 2019 13:04
(Sharecast News) - Just Eat: UBS downgrades to neutral with a target price of 650p.
Read moreJP Morgan reassured after Tesco's Capital Markets Day, reiterates 'overweight'
19th Jun 2019 09:24
(Sharecast News) - Analysts at JP Morgan walked away from Tesco's Capital Markets Day "reassured", telling clients that it should at least suffice to underpin consensus estimates for the grocer's margins and free cash flow.
Read moreTesco sees 'significant optionality for competitive growth'
18th Jun 2019 09:52
(Sharecast News) - Tesco sees "significant optionality" for competitive growth, as well as room for greater margins and increased cash generation.
Read moreTuesday preview: Conservative party TV debate, Tesco in the spotlight
17th Jun 2019 12:51
(Sharecast News) - The focus on Tuesday will be on the televised Conservative party leadership debate on the BBC and on how the current apparent lead contender, Boris Johnson, fares.
Read moreTesco reports modest sales growth in 'subdued' market
13th Jun 2019 07:05
(Sharecast News) - Tesco said first quarter like-for-like sales rose 0.2% to £13.9bn, with UK sales up 0.4% to £9bn and growth at the newly acquired Booker over the period.
Read moreLidl ramps up London expansion with £500m investment
12th Jun 2019 12:00
(Sharecast News) - German discounter Lidl has unveiled a £500m investment plan for London, as it looks to ramp up its foothold in the capital and heap further pressure on larger rivals.
Read moreUBS backs Tesco as retailer makes 'significant headway' in turnaround
11th Jun 2019 13:07
(Sharecast News) - UBS has upped its price target on Tesco, arguing that the supermarket chain is "fundamentally stronger" and that the market's ongoing scepticism is misplaced.
Read moreTuesday broker round-up
11th Jun 2019 11:59
(Sharecast News) - Zotefoams: Peel Hunt upgrades to buy with a target price of 750p.
Read moreJefferies reiterates 'buy' on Tesco ahead of Q1 sales, Capital Markets Day
3rd Jun 2019 10:05
(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation on shares of Tesco, telling clients that the company's first quarter sales figures and Capital Markets Day would confirm steady progress in the UK and the increasingly cash generative nature of the business.
Read moreAldi and Lidl continue to eat away at 'big four's' market share, Kantar says
29th May 2019 11:54
(Sharecast News) - Consumer spend on groceries held up well over the last few months, as shoppers continued to file their way towards discounters Aldi and Lidl even though temperatures failed to match 2018's record highs, the results of a closely-followed survey revealed.
Read moreSector movers: Profit-taking in pharma alongside bounce in Aston Martin, Petrofac
28th May 2019 21:48
(Sharecast News) - Defensives paced declines in the stock market on Tuesday even as equities slipped, albeit after having traded higher throughout most of the session.
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