Friday broker round-up

5th Oct 2018 13:40

(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.

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Thursday broker round-up

4th Oct 2018 13:29

(Sharecast News) - accesso: Canaccord downgrades to hold with a target price of 3,000p.

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Wednesday broker round-up

3rd Oct 2018 13:00

(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 254p.

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Tesco profits surge, but not as much as hoped

3rd Oct 2018 07:26

(Sharecast News) - Tesco reported a 42% increase in first-half profits and boosted its dividend as sales accelerated in the second quarter thanks to the £4bn acquisition of Booker.

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ShoreCap reiterates 'buy' on Tesco, sees scope for special returns

1st Oct 2018 11:27

(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Tesco ahead of the grocer's half-year numbers due out on Wednesday.

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Tesco Bank fined £16m over 'largely avoidable' cyber attack

1st Oct 2018 10:03

(Sharecast News) - Tesco Bank has been fined £16.4m by the Financial Conduct Authority after it failed to prevent a cyber attack.

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Tuesday broker round-up

25th Sep 2018 12:57

(Sharecast News) - Wetherspoons: Peel Hunt downgrades to hold with a target price of 1,325p.

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UK grocers commit to halving food waste by 2030

25th Sep 2018 09:31

(Sharecast News) - Large supermarkets and manufacturers are committing to reduce the annual £20bn food waste bill in half by 2030.

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Tesco launches budget store Jack's to head off German discounters

19th Sep 2018 10:18

(Sharecast News) - Tesco launched its new cut-price brand on Wednesday as the first of its Jack's stores was unveiled in the Cambridgeshire town of Chatteris.

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Summer is kind to big supermarkets but Sainsbury's still lags

18th Sep 2018 08:09

(Sharecast News) - Over the summer Sainsbury's enjoyed its best sales this year, though it was still the slowest growing of the big four, where Asda and Morrisons led the pack but still lost ground to the discounters.

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Monday broker round-up

17th Sep 2018 15:10

(Sharecast News) - Sophos: Deutsche Bank downgrades to hold with a target price of 530p.

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Tesco to launch cut-price brand Jack's next week

12th Sep 2018 08:41

(Sharecast News) - Tesco is set to launch its discount chain Jack's next week in a move to take on rivals Aldi and Lidl.

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Sector movers: Trade headlines continue to boost Autos, Food Producers

29th Aug 2018 13:28

(Sharecast News) - Some of the sectors with the greatest exposure to positive headlines on international trade, such as Automobiles and Food producers (TI Fluid and Tate&Lyle), were again pacing gains in the market place on Wednesday.

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Tesco signs formal buying alliance with Carrefour

6th Aug 2018 07:33

(Sharecast News) - Tesco has signed on the dotted line to agree a long-term, strategic alliance with French supermarket peer Carrefour.

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Sainsbury's trails rivals as supermarkets enjoy summer boom

24th Jul 2018 08:27

(Sharecast News) - Sainsbury's sales rebounded in recent weeks but it continues to lag behind its big supermarket rivals as all of the big four enjoyed their best period of growth so far this year.

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