Join our community of smart investors

News & Tips: Reckitt Benckiser, Whitbread, Just Eat & more

London's blue chips are up
October 22, 2019

The FTSE100 is up a little this morning on hopes of progress in US-China trade talks but the more domestically focused FTSE250 and Aim markets are flat as eyes are focused on Westminster. Click here for The Trader Nicole Elliott's latest thoughts on the markets/ 

IC TIP UPDATES: 

Reckitt Benckiser (RB.) cut its full year net revenue growth target to between flat and 2 per cent following a “disappointing” performance in the third quarter, with the full-year adjusted operating margin expected to see a “modest decline”. Chief executive Laxman Narasimhan said this performance is a reflection of an extended period of significant change and disruption at the company, and said he would prioritise operational performance “as a matter of urgency”. Shares fell more than 2 per cent in early trading. Our buy tip is under review.

To continue reading...
REGISTER FOR FREE TODAY
  • Read 3 articles for free each month
  • Educational articles and topical investment guides
  • In-depth podcast episodes by our writers and industry professionals
  • Interactive live webinars on investment themes that matter
Have an account? Sign in