Warpaint London PLC (AIM:W7L) has received an ‘outperform’ share rating from RBC Capital Markets due to the growth potential in the company's affordable cosmetics business model.
Analysts set a 685p price target to kick off coverage of the London-listed group, whose value proposition presents investors with “style without the splurge”.
Shell PLC (LSE:SHEL, NYSE:SHEL) is firmly entrenched as one of RBC's top thirty investment ideas after its third-quarter update, with its appeal underpinned by what the Canadian bank describes as a "fortress balance sheet".
Notable in the latest numbers was that the earnings beat was not driven by a single division but broad-based, RBC adds.
ASOS PLC (LSE:ASC) copped a rare upgrade from the City when Shore Capital Markets ditched its sell rating for a hold rating on the online fashion retailer.
While Shore Cap analysts highlighted the group’s improved debt position following the disposal of its Topshop and Topman brands, the upgrade was also a reaction ASOS’ declining market valuation.
Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) got the 'best-case scenario' result in the Whitfield trial in Missouri, say analysts at Barclays, as all the infant formula NEC liability claims were dismissed.
Plaintiffs were seeking $6 billion of damages, with Barclays stating that ahead of the verdict investors were building in a substantial damages award against the company and its subsidiary AMV.
Kamala Harris v Donald Trump? Mike Tyson v Jake Paul? Rachel Reeves v the bond market? All lightweight conflicts compared to what’s going down at Boohoo Group PLC (AIM:BOO).
Just last month, the struggling online retailer was given the generous opportunity to welcome Frasers Group PLC (LSE:FRAS) founder and majority owner Mike Ashley as the new group chief executive.
Rolls-Royce Holdings PLC (LSE:RR.) is being tipped for an upbeat third-quarter trading update on 7 November by UBS but with an emphasis on the long-term potential.
Engine flying hours, a key metric for the FTSE 100 group, continue to track at the low end of the guidance range with 100-101% of 2019 levels in July-August and around 102% likely in September, said the Swiss bank.
Could gold be ready to smash through the $3,000 an ounce ceiling? Well, according to some new research from Citi, this could very easily be the case in the foreseeable future.
And it chimes with a deep dive by Goldman, which sees the yellow metal hitting this new milestone by the end of next year.
Apple Inc's (NASDAQ:AAPL, ETR:APC) stock fell 2% on Thursday and is expected to open in negative terrtory after the company offered cautious guidance for the upcoming holiday quarter, expressing uncertainty about how new AI features will impact device sales.
The forecast for low to mid-single-digit revenue growth this quarter slightly missed Wall Street’s higher estimates.