General News

Spectris plc (LSE: SXS)is a UK-headquartered supplier of precision instrumentation and industrial testing systems, serving markets including pharmaceuticals, semiconductors, automotive, and advanced manufacturing. It employs approximately 7,400 staff worldwide and operates through two main divisions Spectris Scientific and Spectris Dynamics

JPMorgan Cazenove placedBabcock International Group Plc (LSE: BAB)shares on a "positive catalyst watch" ahead of the company’s full-year results announcement on25 June 2025. The bank highlighted a potential shift in guidance and the likelihood of Babcock outlining opportunities from the recently publishedUK Strategic Defence …

RBC Capital Markets has upgraded easyJet Plc (EZJ) to ‘outperform’ from ‘sector perform’, citing favourable macro trends and internal cost efficiency measures likely to support above-consensus profitability by FY26. The bank lifted its price target on the stock from 570p to 650p, forecasting headline …

Berenberg has revised its target price forIntertek Group Plc (LSE: ITRK)downward from6,000p to 5,700p, while maintaining its‘buy’rating. The adjustment follows atrading updatein which Intertek reportedslower-than-anticipated organic growthin the first quarter of 2024. The underperformance was largely attributed to the company'sCaleb Brett division, which is …

Jefferies resumed its coverage ofDrax Group Plc (LSE:DRX)on Monday with a'buy' rating and a 750p price target, citing its resilience amid regulatory and market uncertainty. The investment bank's outlook follows the company's FY24 results and a new agreement with the UK government on a …

Staffline (AIM: STAF)has entered into a significant partnership agreement with a leading food and drink logistics provider operating across the UK and Ireland. The contract covers the full outsourcing of agency labour services currently managed by the logistics provider's in-house workforce division.

Image source: ShutterstockHighlightsCapital Reinforcement: £360 million CET1 capital preserved, nearing the £400 million target set for FY 2025.Strategic Simplification: Sale of CBAM boosts CET1 ratio from 12.2% to 13.4%, generating £59 million in profit.Cost Efficiency Gains: Estimated annual savings increased to £25 million from …