Greencoat UK Wind PLC (LSE:UKW) (UKW) is set to become increasingly attractive for investors as many of its positive traits begin to separate it from rivals in the sector, analysts said.
Kepler Cheuvreux, the French financial group, argued the renewable energy infrastructure fund “is ahead of the pack in the current market” due to being “well-placed to continue growing without tapping equity markets”.
Broker Panmure Gordon pulled no punches when discussing the rift between Europa Oil & Gas (Holdings) Plc and regulators in charge of distributing North Sea exploration licences.
Europa was offered a licence by the North Sea Transition Authority (NSTA) under the recent 33rd UKCS licensing round, with the caveat that the group partner with an unnamed third party for said licence.
News that Ocado Retail was the UK’s fastest-growing grocery retailer over the three months to April 20 continued to benefit shares in joint owner Ocado Group PLC (LSE:OCDO) on Friday.
Come the afternoon, shares in the company, which owns online grocery business Ocado alongside M&S, were up 2.4%.
Shell and Total Energies are considering moving their stock listings to the US to match higher valuations enjoyed by American oil majors.
However, US broker Jefferies has analysed the data and suggests that a listing change alone may not bridge the valuation gap with US counterparts.
Novo Nordisk (NYSE:NVO)’s latest results have impressed analysts at Citi, who see little to stop the pharma’s value increasing even further as weight control drug Wegovy grows in the US.
Citi said: “While periodic supply constraints continue to impact the business, scaling supply remains management's number one priority.
Holiday Inn owner InterContinental Hotels Group plc displayed mixed financial results in the first quarter, according to Barclays, though shares appear cheaper than the competition.
While the Holiday Inn owner's revenue per available room (RevPAR) slightly missed expectations, strategic adjustments in system fund arrangements are set to bolster financial performance significantly.
Trainline PLC (LSE:TRN) delivered impressive results for fiscal 2024, according to the latest note from Shore Capital Markets.
The online rail and coach travel platform reported a robust year with net ticket sales surging 22% to £5.3 billion, and revenue growing 21% to £397 million.
Puma will need to issue strong second-quarter guidance and prove its order book is looking healthy if it wants to impress investors, analysts believe.
At the sports clothing company’s first-quarter update on Wednesday 8 May, analysts at UBS predict “flattish” results, but reckon forward-looking guidance will be more important.
Wedbush Securities has upgraded its price target for Coinbase Global Inc (NASDAQ:COIN) to $250 from $200 after the cryptocurrency exchange’s strong first quarter.
Nasdaq-listed Coinbase reported net revenues totalling $1.59 billion for the quarter ended March 31, 2024, compared to $736.4 million for the same period last year.