Thursday broker round-up
15th Apr 2021 12:52
(Sharecast News) - Naked Wines: Liberum downgrades to hold with a target price of 800p.
Read moreTesco holds dividend but cautious outlook disappoints
14th Apr 2021 07:01
(Sharecast News) - Tesco announced an unchanged final dividend but shares of Britain's biggest retailer fell as its cautious outlook statement disappointed investors.
Read moreWednesday preview: ECB speakers, Tesco in the spotlight
13th Apr 2021 18:52
(Sharecast News) - Financial markets' focus in the middle of the week will shift to the other side of the Channel, where a raft of European Central Bank officials are due to deliver speeches, including its boss, Christine Lagarde.
Read moreSunday share tips: Softcat, Tesco
11th Apr 2021 18:29
(Sharecast News) - The Sunday Times's Sabah Meddings conceded that Softcat had done well out of the pandemic, but told readers the shares were only a 'hold' given their "punchy" valuation.
Read moreUK grocery sales ease on anniversary of pandemic
30th Mar 2021 11:33
(Sharecast News) - British grocery sales slowed ahead of the anniversary of the first national lockdown, industry data published on Tuesday showed.
Read moreLockdown continues to weigh heavily on shop prices - BRC
30th Mar 2021 08:04
(Sharecast News) - Shops prices continued to fall in March, industry research showed on Wednesday, as embattled retailers discounted goods.
Read moreSunday newspaper round-up: Moderna, Asda, Summer holidays
28th Mar 2021 12:36
(Sharecast News) - A third coronavirus vaccine will start being administered in the UK next month, joining the Pfizer and AstraZeneca jabs already in use, the culture secretary, Oliver Dowden, has confirmed. Britain has ordered 17m doses of the Moderna vaccine, which has a 94% efficacy rate in trials, and Dowden said the first supplies were expected to arrive in April. - Guardian
Read moreTesco gets regulatory approval for sale of Polish business
12th Mar 2021 13:08
(Sharecast News) - Tesco has received approval from the Polish Competition Authoritiy for the sale of its business there.
Read moreUK grocery sales surge as lockdown shutters hospitality sector
2nd Mar 2021 09:14
(Sharecast News) - Grocery sales surged over the last month, industry data showed on Tuesday, as the lockdown continued to curtail spending in cafes, pubs and restaurants.
Read moreCredit Suisse upgrades Tesco, downgrades Sainsbury's
24th Feb 2021 10:57
(Sharecast News) - Credit Suisse switched its preference from Sainsbury's to Tesco on Wednesday as it took a look at the UK food retail sector.
Read moreOnline grocery sales surge as lockdown 3.0 bites
9th Feb 2021 10:08
(Sharecast News) - British shoppers spent a record £1.4bn buying groceries online last month, industry data showed on Tuesday, following the introduction of the third national lockdown.
Read moreRetailers demand legislation to protect shopworkers from abuse - BRC
5th Feb 2021 11:28
(Sharecast News) - Chief executive officers from over 65 companies wrote to the Prime Minister calling for greater legal protection for shopworkers in England and Wales after an increase of verbal abuse and violence due to Covid safety measures.
Read moreGrocery sales boom as lockdown measures shutter pubs and restaurants
2nd Feb 2021 07:42
(Sharecast News) - Grocery spending spiked in the last three months, boosted by Christmas and the re-introduction of lockdown measures, industry data showed on Tuesday.
Read moreBritish shoppers spend record £11.7bn on groceries in December
5th Jan 2021 10:11
(Sharecast News) - December was the busiest month ever for British supermarkets as tightening restrictions and the closure of restaurants, bars and cafes meant shoppers spent £11.7bn on groceries, according to market research firm Kantar.
Read moreBarclays reinstates Tesco at 'overweight' on expected outperformance in 2021
4th Jan 2021 15:47
(Sharecast News) - Analysts at Barclays reinstated their 'overweight' recommendation for shares of Tesco on Monday, pointing to the shares' underperformance across 2020 and multiple tailwinds.
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