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London close: Stocks mixed on relatively quiet Monday
(Sharecast News) - London's stock market finished with a mixed performance on Monday, after underwhelming reports from PageGroup and Crest Nicholson.
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Ocado Share News (OCDO)
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Ocado Information
Share Price Information for Ocado (OCDO)
Share Price is delayed by 15 minutes
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Share Price:
353.10
Bid:
352.60
Ask:
352.80
Change:
-2.30 (-0.65%)
Spread:
0.20 (0.057%)
Open:
353.80
High:
357.80
Low:
347.50
Prev. Close:
355.40
Last checked at -
Watchlists are a member only feature
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Don't have an account? Click here to register.Broker tips: Antofagasta, Direct Line, Supermarkets
Fri, 04th Jul 2014 12:56
Shares in copper miner Antofagasta were continuing their recent upward trend on Friday after analysts at both Morgan Stanley and UBS cited a lack of near-term negative catalysts.Morgan Stanley upgraded its rating on the stock from 'underweight' to 'equalweight', saying that "negative catalysts [have] played out". UBS analysts also gave sentiment a boost after removing Antofagasta from their "Least Preferred" list, saying that strong copper and molybdenum prices, along with a weaker Chilean peso, "could underpin first-half results".Citigroup has upped its rating for Direct Line from 'neutral' to 'buy', saying it sees "significant upside" from further cost reductions at the insurance group. The bank has hiked its target price for the stock from 244p to 306p."We think Direct Line can increasingly use its market-leading position as a competitive advantage in terms of pricing, claims and cost efficiency," Citi said.Shore Capital has repeated its preference for discount retail stocks over incumbent superstore operators after research showed that the Convenience, Discount and Online (CDO) channels will drive growth in the UK grocery market over the next five years.The broker said that Convenience "represents a financially less rewarding channel compared to historic supermarkets", while picking and fulfilment costs associated with Online mean the segment is "less profitable activity and cannibalistic too".BC
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10 Jan 2024 16:51
LONDON MARKET CLOSE: Tepid trade as investors await US inflation data
(Alliance News) - London's FTSE 100 ended lower on Wednesday, as its difficult start to the year continues, as investors have one eye on Thursday's US inflation data.
Read more5 Jan 2024 16:26
UK's Asda to match some discounter prices in push for market share
Asda to match Aldi and Lidl prices on 287 products
*Read more3 Jan 2024 08:46
TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools
(Alliance News) - The UK grocery sector had its busiest festive period since the onset of the Covid-19 pandemic four years ago, numbers from Kantar showed on Wednesday, while price inflation worries for consumers abated.
Read more20 Dec 2023 15:05
London close: Stocks rise as UK inflation slows further
(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.
Read more19 Dec 2023 15:02
London close: Stocks manage gains amid holiday slowdown
(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.
Read more19 Dec 2023 07:00
Not just for Christmas: Britain's M&S targets more regular food shoppers
M&S food shopper numbers jump at Christmas
*Read more14 Dec 2023 17:19
UK's FTSE 100 hits 12-week high, but trims gains after BoE rates pushback
BoE holds rates at 5.25%
*Read more14 Dec 2023 16:40
London close: Stocks rise as BoE keeps rates on hold
(Sharecast News) - London stocks closed higher on Thursday after the Bank of England maintained interest rates at lunchtime, as anticipated.
Read more14 Dec 2023 13:03
Broker tips: Compass, Marston's, Ocado, Hochschild
(Sharecast News) - JP Morgan upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.
Read more14 Dec 2023 12:14
LONDON MARKET MIDDAY: Stocks up as BoE follows in footsteps of Fed
(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England followed in the US Federal Reserve's footsteps and left interest rates unchanged.
Read more14 Dec 2023 09:57
Ocado shares jump but Goldman sees little upside
(Sharecast News) - Ocado's share price surged on Thursday to a three-month high, but analysts at Goldman Sachs don't see much upside from here on in, as the bank slashed its target price for the stock by nearly a quarter.
Read more14 Dec 2023 09:29
LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more14 Dec 2023 09:04
LONDON MARKET OPEN: Stocks rally on dovish Fed; eyes on Boe, ECB
(Alliance News) - Stock prices in London rallied at the open on Thursday, as investors celebrated anticipated cuts to US interest rates in 2024.
Read more8 Dec 2023 16:53
LONDON MARKET CLOSE: Stocks edge higher following US nonfarm payrolls
(Alliance News) - Stock prices in London closed higher on Friday, as investors digested the most recent jobs data from the US, ahead of a busy week of interest rate decisions.
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