Barclays: JP Morgan Cazenove reiterates overweight and 285p target. StanChart: Goldman sachs reiterates neutral. St.James Place: Numis reiterates add and 1050p target. Hargreaves Lansdown: JP Morgan Cazenove reiterates neutral and raises target to 1,100p from 1,050p. UK Mail Group: RBC Capital re
Read moreUBS raised its target price for Marks & Spencer to 640p from 625p following the company's full-year results on Wednesday. It noted that pre-tax profit was around 2% higher than consensus, while earnings before interest and tax of £670m were ahead of UBS' £645m estimate. "With the Food business perf
Read moreRoyal Mail's full year results were given the stamp of approval by analysts at Deutsche Bank and Shore Capital on Thursday, although there remained caution about the highly competitive environment. ShoreCap retained a 'buy' rating, while Deutsche Bank reiterated its 'hold' stance on the shares and t
Read moreBarclays upgraded Marks & Spencer to 'equalweight' from 'underweight' and pushed the target price to 600p from 390p following the company's full-year results on Wednesday. "While we are still concerned with a long lasting trend of market share losses in General Merchandise, which we consider structu
Read moreDecent gains from blue chips Vodafone, Barclays and RBS gave UK stock markets a lift on Wednesday, with the Footsie settling above the 7,000 level for the first time in seven sessions. The FTSE 100 finished 12.16 points higher (+0.17%) at 7,007.26, a level it has not closed above since 11 May. Howe
Read more* Full-year profit before tax and one-offs up 6.1 pct * Dividend raised by 5.9 pct to 18 pence * Plans 150 mln stg share buyback * Shares up 0.3 pct, 35 pct rise in 9 months (Adds CEO, analyst comments, updates shares) By James Davey LONDON, May 20 (Reuters) - Brit
Read moreLondon stocks were trading slightly higher on Wednesday as strong performances from mining and telecommunications stocks outweighed weakness in the insurance and real estate sectors. As of 2:30 GMT, the FTSE 100 was trading 6.2 points higher at 7,0001. Vodafone led the risers, rebounding after Tues
Read moreVodafone's share price is likely to be buoyed by speculation regarding a Liberty Global merger over the coming days, though analysts at Bank of America Merrill Lynch remained cautious. The US bank reiterated an 'underperform' rating on the stock, saying that concerns about each companies' valuations
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