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Berenberg raises target price on Barratt Developments
Analysts at Berenberg raised their target price on construction firm Barratt Developments from 740.0p to 800.0p on Monday, stating the housebuilding sector…
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MPs to decide on Greensill inquiry after Cameron lobbying
UK MPs will decide on Monday whether to investigate the collapse of Greensill Capital, including former prime minister David Cameron’s attempts to…
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Hargreaves Lansdown said to be facing legal action over Woodford collapse
Investment platform Hargreaves Lansdown is said to be facing legal action following the collapse of Woodford Equity Income. RGL Management, a litigation…
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Kingfisher restarts dividend as profits soar on lockdown DIY boom
B&Q owner Kingfisher reinstated its dividend as annual profits soared on booming DIY demand from people stuck at home during the Covid-19…
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Asia report: Markets mixed as China holds rates, lira in focus
Markets in Asia finished in a mixed state on Monday, as China’s central bank stood pat on interest rates, while investors kept…
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Deliveroo targets value of up to £8.8bn in IPO
Deliveroo is seeking a market value of up to £8.8bn at its initial public offering in what could be London’s biggest IPO…
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Citi upgrades Softcat, says premium valuation ‘here to stay’
Citi upgraded its stance on shares of IT infrastructure and services provider Softcat on Monday to ‘neutral’ from ‘sell’ as it said…
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JP Morgan upgrades Lloyds Banking Group
JP Morgan upgraded Lloyds Banking Group to ‘overweight’ and predicted the strengthening UK yield curve would end the underperformance of the country’s…
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Grainger appoints John Blanshard as director of operations
Residential landlord Grainger has appointed John Blanshard as its director of operations. Blanshard – who was previously chief customer officer at Unite…
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Kingfisher reinstates dividend as profits soar on lockdown DIY boom
B&Q owner Kingfisher reinstated its dividend as it reported soaring annual profits and a strong start to the new fiscal year on…
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