Analysts ‘bullish’ on UK fintech Wise despite tariff threat April 16, 2025 Wise’s trading update left analysts with a “bullish outlook” on the money transfer firm, but they warned of a tariffs threat. The UK fintech pocketed £350m in underlying income for the fourth quarter – a 13 per cent jump year-on-year. International payments bolstered the firm’s intake, soaring 28 per cent to £39.1bn. This offset a [...]
Analysts downgrade Close Brothers’ ‘beaten up’ shares March 21, 2025 Analysts have said Close Brothers shares are worth 340p – a 20p downgrade from their previous price target. The lender suffered a profit hit in its half-year results, plunging to a £104m loss. A £165m provision for motor finance payouts drove the bank’s woes, with shares falling as much as 24 per cent on Tuesday. [...]
Top City analyst cloned in AI deepfake scam March 21, 2025 Michael Hewson – one of the City’s most respected market analysts – was cloned as part of an AI-powered social media scam. A fake video using AI to pose as the host of the Good Money Guide Podcast circulated on Facebook and Instagram this week, attempting to lure users into joining a Whatsapp group. The [...]
HSBC’s ‘never had it so good’ say Barclays analysts March 4, 2025 Barclays analysts have said HSBC “never had it so good” as they predicted further growth and upsides for the FTSE 100 lender. Following the lender’s strong full-year performance, the analysts upgraded HSBC’s share price target by 28 per cent to 1,200p. The lender pocketed a pre-tax profit of £25.6bn in 2024, up from £24bn in [...]
Lloyds shares worth 70p say analysts March 4, 2025 Peel Hunt analysts have raised their price target on Lloyds shares by 17 per cent to 70p and slapped a ‘Hold’ rating on the FTSE 100 lender. The analysts cited strengthening income trends and reduced sensitivity to interest rates as the top factors driving the bank’s “top-line performance.” The banking giant‘s full-year profits fell 20 per [...]
Lloyds Bank analyst ‘favourite’ after annual results February 25, 2025 Analysts have slapped a ‘Buy’ rating on Barclays, Natwest and Lloyds shares following annual results, but said the latter was the “favourite” of the pack. The three UK giants all posted annual results this month, with Barclays and Natwest meeting profit estimates and Lloyds taking a hit. Jonathan Pierce and Priya Rathod, analysts at Jefferies, [...]
Analysts slap 359p price target on Barclays shares after results February 25, 2025 Analysts have reiterated their ‘Buy’ rating on Barclays shares after the lender beat expectations when it reported results earlier this month. The FTSE 100 lender booked a profit before tax of £8.1bn in 2024, ahead of the £8.07bn estimated. “We believe strong capital generation should support a higher valuation and plans to return more than [...]
Deliveroo approach from Doordash failed but analysts say it ‘may only be the start’ June 26, 2024 Deliveroo, which has long been seen as a target for a merger or acquisition, may not have agreed to a deal this occasion, but analysts at Jefferies said the approach "may only be the start".