AB Foods Share News (ABF)

Pound plunge means even higher prices for UK consumers - McKinsey

LONDON, Sept 27 (Reuters) - British consumers are likely to face a further hike in prices of clothing and homewares following the pound's plunge against the dollar, consultants McKinsey said on Tuesday.

UK's JD Sports cautious on outlook as cost pressures weigh

Shares hit 3-week low; stock top pct loser on FTSE index

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UBS downgrades AB Foods to 'neutral' following pre-close update

(Sharecast News) - Analysts at UBS downgraded Primark owner Associated British Foods from 'buy' to 'neutral' on Wednesday, stating setbacks at the fast fashion retailer had forced it to move to the sidelines.

LONDON BROKER RATINGS: Citigroup cuts Flutter to 'neutral' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Worst UK stock in 2022

WORST UK STOCK IN 2022 (1110 GMT)

UK retail sales plunge, underlining risk of recession

LONDON, Sept 16 (Reuters) - British retail sales fell much more than expected in August, in another sign that the economy is sliding into recession as the cost of living crunch squeezes households' disposable spending.

Zara owner Inditex plans autumn price hikes as profit surges

MADRID, Sept 14 (Reuters) - Fashion brand Zara's owner Inditex said on Wednesday it plans to hike prices again this autumn, as one of the world's top clothes retailers tries to offset soaring costs despite worries demand will wane due to the cost of living crisis.

Ocado Retail cuts outlook as Britons tighten belts

LONDON, Sept 13 (Reuters) - British online supermarket Ocado Retail downgraded its full-year outlook on Tuesday, saying customers are trying to navigate the cost of living crisis by buying fewer products and trading down to cheaper items.

Deutsche Bank lowers target price on AB Foods

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on Primark owner AB Foods from 1,850.0p to 1,575.0p on Monday, stating "reality" was now dawning.

LONDON BROKER RATINGS: Berenberg cuts 7 housebuilders but ups Berkeley

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Barclays downgrades AB Foods to 'equal weight'

(Sharecast News) - Analysts at Barclays downgraded Associated British Foods to 'equal weight' on Friday, stating visibility was "just too low".

LONDON BROKER RATINGS: Barclays cuts AB Foods to 'equal weight'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON BRIEFING: UK watchdog clears LSEG's acquisition of Quantile

(Alliance News) - Stocks were called higher on Friday morning, as the UK mourned the death of the Queen and after a major interest rate hike from the European Central Bank.

Banks lead European stocks higher after record ECB rate hike

Sept 8 (Reuters) - European shares rose on Thursday led by gains in bank stocks after the European Central Bank delivered its biggest-ever interest rate hike to combat inflation, which is running at a half-century high and approaching double-digits.

LONDON MARKET CLOSE: FTSE regains poise despite ECB, hawkish Powell

(Alliance News) - Stocks in Europe largely overcame some early afternoon weakness to end higher on Thursday, after the European Central Bank enacted a historic interest rate hike.