MoPh Markets

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[MoPh Markets @MoPhMarkets]

@VolaTim Ah, didn't even think about that!

[MoPh Markets @MoPhMarkets]

@DavidBelle_ Do you know where this data can be found?

[Mark Kleinman @MarkKleinmanSky]

Revealed: Hargreaves Lansdown, the FTSE-100 retail investment platform, is leaning towards extending talks with a CVC-led consortium about a £5bn takeover as they look to reach agreement on an offer that would incorporate the company’s final dividend. https://t.co/PtMh6bGPzM

[MoPh Markets @MoPhMarkets]

➡️#RS1 RS Group reinitiated with Neutral rating at JPM - PT 780p

👁‍🗨#BNZL Bunzl placed on Positive Catalyst Watch at JPM

⬆️#PAG Paragon Banking lifted to Buy at Redburn

[MoPh Markets @MoPhMarkets]

"Market still underestimates duration of 1) the gross margin rebuild, 2) the relative volume/earnings upgrades, 3) the Beauty & personal care growth algo change (higher contribution from hard currency volume
growth) as the group benefits from a new category matrix organization"

[MoPh Markets @MoPhMarkets]

Citi on #ULVR Unilever:

"With the stock outperforming the sector by c15% YTD, we reckon that Unilever is already seen as a consensual long. However, we still see further upside for a name
offering both ST relative consensus earnings upgrade and longer-term re-rating potential."

[Rob ⭐⭐️ @LordBadshot]

Stifel take on UK / Labour's manifesto on North Sea Oil & Gas windfall tax.

[PiQ @PiQMarkets]

⚠️ UK GROCERY PRICE INFLATION IN 4 WEEKS TO JUNE 9 WAS 2.1%, KANTAR SAYS

**UK TAKE-HOME GROCERY SALES UP 1.0% IN VALUE TERMS IN 4 WEEKS TO JUNE 9 ON YEAR-ON-YEAR BASIS, SLOWEST INCREASE SINCE JUNE 2022, KANTAR SAYS

**ALDI UK SALES UP 0.8% IN 12 WEEKS TO JUNE 9 ON YEAR-ON-YEAR BASIS, LIDL GB SALES UP 8.1%, KANTAR SAYS

**TESCO SALES UP 4.6% IN 12 WEEKS TO JUNE 9 ON YEAR-ON-YEAR BASIS, SAINSBURY'S SALES UP 4.9%, KANTAR SAYS

**ASDA SALES DOWN 4.0% IN 12 WEEKS TO JUNE 9 ON YEAR-ON-YEAR BASIS, MORRISONS SALES UP 1.1%, KANTAR SAYS

**OCADO SALES UP 10.7% IN 12 WEEKS TO JUNE 9 ON YEAR-ON-YEAR BASIS, KANTAR SAYS

[MoPh Markets @MoPhMarkets]

#WTB Whitbread:

Outlook: Confident in FY outlook. UK - recent trading more encouraging, forward booked position remains positive

Continue to execute commercial programme - net inflation now seen at lower end of guidance due to increased cost efficiencies

Q1 update:

[Yahoo Finance UK @YahooFinanceUK]

UK housing market steadies despite election uncertainty https://t.co/yjGRYlQNAr

[MoPh Markets @MoPhMarkets]

#TSCO Tesco Q1 Statement...

Guidance:
For 24/25, it expects retail adjusted operating profit of at least £2.8bn.

Expect total adjusted operating profit from the retained Tesco Bank business of around £80m

Expect retail free cash flow within guidance range of £1.4bn to £1.8bn

[MoPh Markets @MoPhMarkets]

⬆️#GPE Great Portland raised to Hold at Jefferies - PT to 300p from 310p

⬆️#FDEV Frontier Developments lifted to Hold at Deutsche Bank - PT to 300p from 200p

[MoPh Markets @MoPhMarkets]

⬆️#NGG National Grid lifted to Buy at Goldman Sachs

⬆️#STJ St James’s Place reinitiated with Buy rating at Peel Hunt

⬆️#MKS Marks & Spencer raised to Buy at HSBC

[MoPh Markets @MoPhMarkets]

Anglo American was lifted to Outperform with a 2,700p PT at Bernstein on Tuesday

The firm notes #AAL trying to execute a new strategy to unlock value, which brings an opportunity for the shares.

The firm believes $800m of "self-help" recurring annual cost savings is achievable

[MoPh Markets @MoPhMarkets]

#DFS DFS Furniture Trading Statement

Lowers FY24 rev and PBT expectations on lower demand & Red Sea routing issues

"Demand in the upholstery sector has declined c-10% in volume terms year on year from a weak starting point bringing overall market demand levels to record lows"

[Mark Kleinman @MarkKleinmanSky]

Exclusive: London Stock Exchange Group is in advanced discussions to take on parts of PrimaryBid, the fintech which soared to prominence during the pandemic when it helped retail investors secure participation in a string of emergency capital-raisings. https://t.co/fSn7M3BbV9

[Sam North @Sam_North_07]

Every day trader and investor should LISTEN to this.

[David N @DavidNStocks1]

#BWY Deutsche Instructs A Buy On Bellway Homes at 3013p (2725p atm)

[MoPh Markets @MoPhMarkets]

⬆️#MNG M&G raised to Overweight at JPMorgan

⬇️#AV. Aviva cut to Neutral at JPMorgan - removed from Analyst Focus List

⬆️#CCC Computacenter raised to Buy at Peel Hunt