Motor finance: Is Close Brothers heading for a car crash? Banking Costs are mounting, loan books are shrinking, an existential motor finance ruling looms – is Close Brothers heading for disaster? It’s been a bruising 12 months for the lender, with its stock down over 25 per cent. Recent rallies have helped it claw back gains of over 65 per cent in the last six months [...]
Natwest and Lloyds to rake in millions from a ring-fencing shakeup Banking Natwest and Lloyds are set for a major cash bump if Chancellor Rachel Reeves rips up the ring-fencing regime imposed on lenders, fresh data shows. FTSE 100 banking giants have lobbied the Chancellor to axe the system, which they described as a “drag on banks”. The bosses of HSBC, Lloyds, Natwest and Santander slammed the [...]
Barclays: Shares in FTSE 100 giant near decade high after upgrade Banking Barclays has received a major boost after the FTSE banking giant posted a bumper first quarter, driven by a strong performance in its investment arm. Analysts at RBC have upgraded Barclays’ shares, slapping a 340p target price on the stock – a 14 per cent increase. Shares edged up 0.2 per cent during early trading [...]
Liontrust dividend ‘increasingly at risk’ warns RBC April 3, 2025 Liontrust is “increasingly at risk” of running out of money to pay its dividend, an investment bank has warned, as the asset manager struggles to keep investors from withdrawing their cash. In a research note, RBC analysts cut expectations for Liontrust’s adjusted profit before tax by one per cent for 2025, 14 per cent for [...]
City broker downgrades St James’s Place despite robust inflows April 2, 2025 RBC has downgraded St James’s Place’s target stock price, while Quilter and Rathbones both received upgrades. RBC analyst Ben Bathurst downgraded his price target on Britain’s largest wealth manager from 1,100p to 1,050p today. St James’s Place’s stock price underperformed today on the news, falling more than two per cent compared to a decline of less [...]
Analysts upgrade Schroders stock amid cost-cutting drive March 20, 2025 RBC analysts have upgraded their Schroders’ stock price target after accounting for the group’s recently announced cost-cutting drive. Analysts at the bank upgraded Schroders’ target price from 395p to 475p, while it is currently trading at 379p, having surged 17 per cent since the start of 2025. The cost-cutting plan came as Schroders issued its [...]
London Stock Exchange Group upgraded ahead of results February 20, 2025 Analysts have upgraded London Stock Exchange Group as investors prepare for the bourse’s full-year results next week, with hopes that a further share buyback programme will be announced. In a research note today, RBC Capital Markets analysts upgraded the London Stock Exchange Group’s target price from 11,600p to 12,500p. The stock is currently sitting at [...]
Court chucks out HMRC double tax treaty case against RBC February 12, 2025 The UK Supreme Court, by a majority, dismisses HMRC's appeal over a double tax treaty linked to a North Sea oil production
HSBC: FTSE 100 lender’s stock drops after downgrade by Deutsche Bank February 3, 2025 HSBC’s stock price has dropped more than two per cent this morning after being downgraded by Deutsche Bank analysts from a Buy to a Hold. The FTSE 100 bank received a target share price of £9.10 from Deutsche Bank, compared to its current share price of £8.27. “After a substantial increase in share price, the [...]
IG Group extends share buybacks after Freetrade acquisition January 23, 2025 IG Group is set to spend £50m more on share buybacks following its acquisition of trading app Freetrade. In the firm’s six month results to 30 November, the FTSE 250 firm said it would be extending its previous share buyback programme from £150m to £200m. “It is pleasing to show how we can both invest [...]
