Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking, Next Plc, Marks & Spencer And

By Zacks Investment ResearchStock MarketsOct 14, 2019 11:54PM ET
The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking, Next Plc, Marks & Spencer And
By Zacks Investment Research   |  Oct 14, 2019 11:54PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

For Immediate Release

Chicago, IL – October 15, 2019 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Barclays (LON:BARC) plc (NYSE:BCS) , Lloyds Banking Group (LON:LLOY) plc (NYSE:LYG) , Next plc (OTC:NXGPY) , Marks & Spencer Group (LON:MKS) plc (OTC:MAKSY) and, Inc. (NASDAQ:AMZN) .

Here are highlights from Monday’s Analyst Blog:

British Stock Winners on "Divorce Deal" Optimism

Investors have grown optimistic about the U.K. reaching a divorce deal with the European Union (EU) in the near term. U.K. Prime Minister Boris Johnson and Irish Prime Minister Leo Varadkar discussed ways of reaching a solution to Brexit negotiations following a diplomatic standoff over dodging a hard border appearing on the island of Ireland after Brexit.

Johnson said recently that “getting Brexit done by 31 October is absolutely crucial, and we are continuing to work on an exit deal so we can move on to negotiating a future relationship based on free trade and friendly cooperation with our European friends.”

In fact, European Council President Donald Tusk has confirmed that for the first time he believes that there is a “pathway to a deal.” Thus, a Brexit deal is widely expected to be passed by the Parliament since Eurosceptic lawmakers now believe that Johnson will have a better understanding with the EU than his predecessor Theresa May.

EU officials, by the way, have confirmed that Johnson was prepared to make a lot of concessions to initiate elaborate discussions. In fact, teams from both the sides have started to explore ways to arrive at an accord ahead of the EU summit that begins on Oct 17.

The divorce-deal optimism has helped the pound scale northward. The currency registered its biggest two-day gain on Oct 11 since December 2008, having jumped 3.6%. Lest we forget, the currency had declined nearly 15% since 2016’s EU referendum vote, while the greenback had strengthened.

However, the pound strength against the U.S. dollar hasn’t gone down well with U.K.’s large caps, like oil majors and pharmaceutical bigwigs, as it makes their exports more expensive. But, there are some sectors and stocks in the U.K. that are gaining from the divorce-deal optimism —

Shares of U.K. Banks Advance

U.K. banks, in particular, saw their shares collectively increase more than 10% on hopes that a Brexit deal could avert further weakening in the British economy. International players like Barclays plc saw its shares rose 6.8%.

Meanwhile, domestically-focused institutions like Lloyds Banking Group plc should now breathe a sigh of relief. After all, such banks would have been affected the most in case of any economic downturn owing to a no-Brexit deal.

Other domestic players including Royal Bank of Scotland Group (LON:RBS) plc, Lloyds Banking Group plc and CYBG plc have all seen their shares gain traction.

Home Builders Gain

Rumors about a no-Brexit deal had been weighing on homebuilder stocks for quite some time now. But, now firms that build houses are among the best performers in the U.K., predominantly due to the expected Brexit deal.

This has surely helped outweigh concerns that have been plaguing homebuilders like the lack of affordability. Notably, shares of homebuilder Persimmon (LON:PSN) plc and Taylor-Wimpey plc as well as construction-materials firm Travis Perkins (LON:TPK) have rallied. In fact, HSBC Holdings (LON:HSBA) plc Brijesh Siya had said earlier that “we believe Taylor Wimpey (LON:TW) in particular is best-placed amongst U.K. housebuilders to gain from a post-Brexit market bounce back.”

Retailers Rev Up

The prospect of the U.K. exiting the EU without a deal and a subsequent drop in pound may have resulted in higher inflation. This, in turn, could have affected purchasing power and consumer spending, something that doesn’t bode well for retailers. A weaker pound, by the way, leads to higher import cost for retailers.

Thus, an expected Brexit deal helped retailers like Next plc and Marks & Spencer Group plc gain ground at a time when they are grappling with the encroachment of big e-commerce players like, Inc. You can see the complete list of today’s Zacks #1 Rank stocks here.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release., Inc. (AMZN): Free Stock Analysis Report

Barclays PLC (BCS): Free Stock Analysis Report

Lloyds Banking Group PLC (LYG): Free Stock Analysis Report

Marks and Spencer Group PLC (MAKSY): Free Stock Analysis Report

Next PLC (NXGPY): Free Stock Analysis Report

Original post

Zacks Investment Research
The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking, Next Plc, Marks & Spencer And

Related Articles

The Zacks Analyst Blog Highlights: Barclays, Lloyds Banking, Next Plc, Marks & Spencer And

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email