It's that time again ... so, lets take a look at five pieces of content worth digging into this evening - but, don't forget to check out the small caps too.
[1] Gold set for more shine – says Swiss bank
Gold may have stalled after hitting an all-time high of $3,500 in April, but UBS thinks this pause could set the stage for another leg higher.
The recent consolidation has come amid a flurry of US economic data, shifting expectations for Federal Reserve policy, and fresh uncertainty around tariffs. Yet despite the volatility, sentiment among investors remains firm. Read more …
[2] Little upside left for Lloyds bank shares
Lloyds Banking Group PLC (LSE:LLOY) shares sit at 76p, just above Kfeefe, Bruyette & Woods' target price of 75p, with analysts maintaining a ‘market perform’ rating. Read more …
[3] FTSE 100 grinding higher on Thursday
The FTSE 100 moved higher as gains in oil, gold, utility, and grocery stocks outweighed broader concerns including weaker US factory prices and geopolitical uncertainty. In the US, the Dow Jones was dragged down by a 4.4% fall in Boeing shares following an Air India crash involving a 787 aircraft. Read more ...
[4] Aviva and L&G gear up for BoE stress tests
Life insurers Aviva PLC (LSE:AV.), Legal & General Group PLC (LSE:LGEN), M&G PLC (LSE:MNG) and Phoenix Group Holdings PLC (LSE:PHNX) are among the firms that are being individually stress-tested by the Bank of England, with results to be published this autumn. Read more …
[5] Steady track ahead for Trainline
UBS has raised its price target on Trainline PLC (LSE:TRN) to 465p, up from 455p, as UK rail passenger volumes continue to recover. The new target implies nearly 68% upside from the current share price of 277p, with analysts maintaining a 'buy' rating on the stock. Read more …
Small Caps for Thursday
Hercules PLC (LSE:HERC) has added Quality Transport Training to its Hercules Academy arm as part of its strategy to tackle the UK construction sector’s labour shortages. The Nuneaton-based Academy has trained over 1,500 people since January, with QTT bringing government-funded bootcamps and staff into the fold.
Elsewhere, Faron Pharmaceuticals Limited (AIM:FARN) reported that its drug bexmarilimab improved survival in a phase II trial for high-risk myelodysplastic syndromes. Bango PLC (AIM:BGO, OTCQX:BGOPF) signed a subscription tech deal with South Korea’s KT, while Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) won a decade-long contract to manage Colombia’s .co domain.
HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) readied its fourth helium well in Montana, whilst Oriole Resources PLC (AIM:ORR) announced further high-grade gold results in Cameroon, Great Southern Copper PLC (LSE:GSCU) posted strong Chilean drill results.