It has been a tough year for stock investors around the globe. As inflation continues to rise, interest rates become increasingly inflated, the continuing impact of the COVID-19 pandemic persists and the sobering reality around Russia’s war of aggression on Ukraine continues to ripple, the market has been turbulent worldwide. Some stock markets have fared better than others, however, with the London stock market bearing the burden better than financial centres elsewhere. Instead of the staggering decline in the S&P 500 in the United States, the FTSE 100 has actually rallied a bit with a 1% gain.
With the financial market facing rocky territory, it has become steadily more difficult to find solid stocks in which to invest. Here are some of the best UK stocks to consider in 2022, in no particular order.
- Cushman & Wakefield PLC
Based in London and offering commercial real estate solutions worldwide, including in the United Kingdom, the United States and Australia, Cushman & Wakefield is a trusted entity in the field. The company offers property management, portfolio administration, strategic consulting services and transaction management, and has had an impressive year to date. The company exceeded expectations from analysts by more than $223.2m.
Thanks to its 2022 performance, Cushman & Wakefield has been updated with a “Buy” rating from Chandni Luthra, noted Goldman Sachs analyst, with a target price of $25. The company is poised to provide invaluable help in navigating an ever-changing office landscape and continued revenue growth is expected.
- AstraZeneca PLC
Another UK stock to consider when investing is AstraZeneca PLC. Based in Cambridge, AstraZeneca is responsible for developing and distributing numerous pharmaceutical products to patients and users worldwide. Even more fortuitously, the business manufactures a COVID-19 vaccine used around the globe along with a host of under-trial and approved drugs.
Mark Purcell, noted Morgan Stanley analyst, recently maintained the company’s “Overweight” rating and raised its target price. Company shares have increased roughly 25% over the past 12 months.
- Linde PLC
With so much uncertainty revolving around gas exports and providers, it should come as no surprise that well-known gas producer Linde PLC has been tapped as a smart buy. Linde is responsible for providing gas to several important industries, including healthcare, food, energy and manufacturing, among others. The company even has inflation protection clauses in its contracts with clients around the world. The firm is poised to continue to grow as the Russia-Ukraine crisis drags on.
Andrew Scott, noted UBS analyst, recently maintained the stock’s “Buy” rating and increased the company’s target price.
How to find notable stocks
The above are only a few of the investment-worthy UK stocks catching the eye of analysts in 2022. Finding other options is as easy as joining the best UK trading platform as ranked and reviewed by industry expert AskTraders.
Are you interested in learning more about the UK financial market? Check in with us for breaking news and current events in the industry!
