5 Undervalued UK Stocks

The FTSE 100 came close to another record high last week - the UK market is up 10% year to date. But there is some value to be found in domestic stocks

Emma Wall 24 October, 2017 | 10:36AM
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Screwfix parent company Kingfisher is undervalued

Last week saw a slew of profit warnings from UK companies. But the bad news failed to halt the ascent of the FTSE 100. As the index of blue chip stocks marked the 30 year anniversary of Black Monday the domestic market could not have looked better – coming within spitting distance of a record high on Friday.

“Some market watchers and professional investors have been warning of the potential for correction or a more severe slide in the markets for some time” commented Jason Hollands of Tilney. “But markets have continued to remain buoyant despite scepticism in some quarters and in the face of undoubted geopolitical uncertainties, which include the Trump administration, Brexit, the rise of populism in Europe and nuclear tensions with North Korea. Stock market volatility has been as calm as a duck pond for most of 2017.”

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Barclays PLC183.74 GBX-0.12Rating
Centrica PLC54.02 GBX-1.24Rating
Kingfisher PLC343.50 GBX0.29Rating
Reckitt Benckiser Group PLC5,853.00 GBX0.39Rating
Sainsbury (J) PLC295.50 GBX-0.14Rating

About Author

Emma Wall  is former Senior International Editor for Morningstar

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