London’s FTSE 100 was flat at 7,457.19 in afternoon trade on Thursday as investors weighed better-than-expected retail sales data against ongoing concerns about the coronavirus. Smith & Nephew was the standout gainer as the artificial hip and knee maker said full-year revenue grew 4.4%, at the top end of the …
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Royal Mail was under pressure on Wednesday as Liberum reiterated its ‘sell’ rating on the stock and slashed the price target to 120p from 175p, arguing that the company’s strategy is undeliverable. The broker said the fact that management openly questioned the achievability of its 2024 targets just nine months …
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The first quarter of 2020 is “make or break” for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company’s shares. Keeping their ‘hold’ rating on the stock the Berenberg analysts …
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Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …
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