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Broker tips: Tesco, ABF
Analysts at Barclays reinstated their 'overweight' recommendation for shares of Tesco on Monday, pointing to the shares' underperformance across 2020 and multiple tailwinds.
Europe close: Stocks start 2021 on front foot, but end day off best levels
European shares finished the first session of the year higher, driven by the Brexit trade agreement, but uncertainty ahead of two run-off votes for the US Senate the next day dragged stockmarkets off their best levels.
UTLC confident on outlook for demand of Eurasian rail services in 2021 and beyond
United Transport and Logistics Company – Eurasian Rail Alliance sounded a confident note on the outlook for the firm in the year ahead following a bumper 2020.
ShoreCap stays at 'buy' on ABF, sees 'considerable merit' in shares
Analysts at Shore Capital reiterated their 'buy' recommendation for shares of Associated British Foods, even after the firm warned of the impact that tighter-than-expected restrictions would have on its topline.
Tuesday preview: Georgia, UK GDP on investors' minds
Elections in the US state of Georgia and a revised reading on third quarter gross domestic product will be foremost on the minds of investors in the UK and elsewhere.
ABF now sees bigger hit to sales from Covid-19 restrrictions
The tightening of lockdown restrictions to combat Covid-19 will take a higher-than -expected toll on Associated British Food's top line.
Barclays reinstates Tesco at 'overweight' on expected outperformance in 2021
Analysts at Barclays reinstated their 'overweight' recommendation for shares of Tesco on Monday, pointing to the shares' underperformance across 2020 and multiple tailwinds.
Airbus might reach 560 jet deliveries in 2020, ahead of expectations
Stock in Airbus started 2020 on the front foot in the wake of reports that it was on track to meet the top end of its internal forecast for aircraft deliveries.
Week ahead: Global manufacturing, US jobs report in focus
Investors' focus over the coming week will be on a raft of survey results regarding manufacturing sector conditions around the globe and for the US jobs market.