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Monday broker round-up UPDATE

Mon, 03rd Mar 2014 08:21

African Barrick Gold: Citi increases target price from 120p to 179p, but still recommends selling.African Minerals: Citi cuts target price from 300p to 260p leaving its buy recommendation unchanged.Aggreko: Deutsche Bank reduces target price from 1870p to 1400p and downgrades to hold.Anglo American: Citi raises target price from 1400p to 1500p, while keeping its neutral rating. Liberum downgrades to sell versus hold.Antofagasta: Citi moves target price from 790p to 800p, but still recommends selling.Aquarius Platinum: Citi lowers target price from 44p to 40p and keeps its neutral rating.Berendsen: JP Morgan ups target price from 1023p to 1089p retaining an overweight rating.British Polythene Industries: Investec takes target price from 704p to 720p and retains an add rating.Cairn Energy: Barclays reduces target price from 370p to 255p, while leaving its equal-weight rating unchanged.Compass Group: Investec raises target price from 925p to 1050p and maintains a buy recommendation.Dunelm Group: Jefferies initiates with a target price of 1150p and a buy recommendation.Fresnillo: Citi raises target price from 617p to 781p, while still recommending selling.Gem Diamonds: Citi shifts target price from 191p to 199p reiterates a buy recommendation.Hellermann Tyton: Investec places both its target price (prev.: 280p) and its sell recommendation under review.Hochschild Mining: Citi lowers target price from 111p to 108p and retains a sell recommendation.Hyder Consulting: Numis upgrades from hold to buy with a target price of 585p.International Airlines Group: Citi ups target price from 535p to 585p and stays with its buy recommendation.Intu Properties: Jefferies moves target price from 335p to 344p and reiterates a hold recommendation.ITE Group: Westhouse Securities cuts target price from 320p to 295p downgrading to neutral. Canaccord Genuity reduces target price from 315p to 263p downgrading from buy to hold.Kazakhmys: Citi raises target price from 250p to 350p upgrading to buy. Westhouse Securities takes target price from 235p to 355p and upgrades from neutral to add.Keller: Jefferies increases target price from 1360p to 1400p and stays with its buy recommendation. Investec moves target price from 1300p to 1375p and keeps a buy recommendation.Laird: JP Morgan ups target price from 322p to 340p keeping an overweight rating.London Mining: Citi cuts target price from 160p to 110p and downgrades to neutral.Lonmin: Citi shifts target price from 456p to 457p and maintains its buy recommendation.Merlin Entertainment: Credit Suisse increases target price from 352p to 380p and reiterates a neutral rating.Mondi: Deutsche Bank ups target price from 1200p to 1260p keeping its buy recommendation.New Britain Palm Oil: WH Ireland upgrades to outperform with a target price of 400p.New World Resources: Citi cuts target price from 50p to 32p and maintains a sell recommendation.Old Mutual: Barclays shifts target price from 215p to 220p and maintains an overweight rating.Optimal Payments: Numis raises target price from 500p to 600p, while staying with its buy recommendation.Pearson: Nomura reduces target price from 1050p to 980p and retains its reduce rating. Deutsche Bank cuts target price from 960p to 875p and reiterates its sell recommendation.Petra Diamonds: Citi raises target price from 141p to 198p maintaining a buy recommendation.Petropavlovsk: Citi moves target price from 59p to 68p, while retaining a sell recommendation.Polymetal International: Citi lowers target price from 454p to 452p keeping its sell recommendation.Polyus Gold International: Citi increases target price from 162p to 211p upgrading to neutral.Publishing Technology: Westhouse Securities upgrades to buy with a target price of 560p.Randgold Resources: Citi raises target price from 4897p to 4934p and maintains its neutral rating.Rentokil: Jefferies ups target price from 128p to 141p and keeps a hold recommendation. Panmure Gordon upgrades from sell to hold with a target price of 136p.Restaurant Group: Nomura raises target price from 670p to 746p leaving its buy recommendation unaltered.Rightmove: Deutsche Bank ups target price from 2650p to 2700p retaining a hold recommendation.Rolls-Royce Group: Espirito Santo reduces target price from 1250p to 1170p, while upgrading to buy.RPS Group: Jefferies takes target price from 340p to 400p maintaining a buy recommendation.RSA Insurance: Citi lowers target price from 100p to 96p and leaves its neutral rating unchanged.Senior: Investec places both its target price (prev.: 290p) and its reduce recommendation under review.Spectra Systems: WH Ireland lowers target price from 46p to 40p and stays with buy recommendation.Spirent Communications: Citi moves target price from 110p to 122p and reiterates a buy recommendation.Synthomer: Deutsche Bank ups target price from 225p to 245p maintaining a hold recommendation.Taylor Wimpey: Citi takes target price from 119p to 131p and keeps a neutral rating.Thorntons: Panmure Gordon downgrades from buy to hold with a target price of 150p. Investec ups target price from 161p to 173p and reiterates a buy recommendation.Travis Perkins: Deutsche Bank lowers target price from 1592p to 1501p and leaves its hold recommendation unchanged.UBM: JP Morgan ups target price from 720p to 740p and retains a neutral rating. Investec takes target price from 750p to 760p and reiterates a buy recommendation.Vertu Motors: Panmure Gordon moves target price from 77p to 87p and maintains its buy recommendation.Weir Group: Citi raises target price from 2200p to 2600p, while its neutral rating remains unchanged.William Hill: Deutsche Bank ups target price from 420p to 435p and maintains a buy recommendation.
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(ShareCast News) - Greatland Gold's non-executive chairman Andrew Bell bought a 2.39% stake in the Tasmanian exploration tiddler days after the company stated its much improved confidence new strategy. Bell snapped up 23.7m Greatland shares at a bargain basement price of 0.132p per share. While thi

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24 Mar 2016 11:24

Aquarius Platinum Takeover By Sibanye Gold To Complete In Early April

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17 Mar 2016 10:23

Aquarius Platinum Gets South African Approval For Sibanye Gold Deal

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11 Feb 2016 09:37

BROKER RATINGS SUMMARY: Panmure Gordon Raises DCC To Buy After Update

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9 Feb 2016 11:32

Aquarius Platinum Operations Unprofitable In First Half As Loss Widens

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28 Jan 2016 11:41

Aquarius Platinum Continues To Grapple With Costs And Prices

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11 Jan 2016 16:18

AGM, EGM Calendar - Week Ahead

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5 Jan 2016 08:24

Aquarius Platinum Reports Fatal Accident At Mimosa Mine In Zimbabwe

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30 Nov 2015 10:19

Aquarius Platinum Says "Significant Progress" Made On Sibanye Deal

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27 Oct 2015 09:11

Aquarius Platinum Swings To Loss As Operations Become Unprofitable

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15 Oct 2015 10:21

Zimbabwe threatens to re-impose platinum tax if miners don't process locally

HARARE, Oct 15 (Reuters) - Zimbabwe could re-impose a 15 percent tax on raw platinum ore exports if mining companies do not deliver on pledges to build smelters and refineries to help boost the local economy, the finance minister said on Thursday. The export tax was introduced in January bu

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6 Oct 2015 14:21

Aquarius Platinum rockets on Sibanye Gold offer

(ShareCast News) - Shares in Aquarius Platinum rocketed as investors welcomed news that Sibanye Gold has agreed to buy the company for $294m. Under the terms of the deal, Aquarius shareholders will receive $0.195, or ZAR2.66 per share for Aquarius share held. This represents a premium of 60.3% to Aq

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6 Oct 2015 12:57

UPDATE 2-Sibanye raises platinum gamble with Aquarius deal

* Sibanye offers 2.66 rand per share * Bid at 56 pct premium to Aquarius Monday's closing price * Shares in Aquarius surge more than 40 pct (Adds analyst, CEO comment) By Ed Stoddard JOHANNESBURG, Oct 6 (Reuters) - South Africa's Sibanye Gold has offered $294 million to

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6 Oct 2015 10:12

Sibanye Gold does not plan job cuts after offer to buy Aquarius Platinum

Oct 6 (Reuters) - South Africa's Sibanye Gold has no plans to cut jobs and will keep its dividend policy unchanged after its offer to acquire Aquarius Platinum for $294 million, its chief executive said on Tuesday. Sibanye Chief Executive Neal Froneman told a presentation in Johannesburg t

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6 Oct 2015 09:32

WINNERS & LOSERS SUMMARY: Greggs The Baker Rises On Strong Sales

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