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Wednesday broker round-up UPDATE

Wed, 17th Apr 2013 07:20

African Barrick Gold: Deutsche Bank cuts target price from 230p to 173p, while its hold recommendation is reiterated.Ashmore Group: Morgan Stanley raises target price from 395p to 444p and maintains an equal-weight rating.Ashtead Group: Jefferies increases target price from 615p to 690o and reiterates a buy recommendation.Aquarius Platinum: Investec starts with a target price of 45p and a hold recommendation.British American Tabacco: Nomura lowers target price from 4087p to 4012p, while its buy recommendation remains unchanged.Cello Group: Sanlam Securities initiates with a target price of 75p and a buy recommendation.Derwent London: Investec raises target price from 2275p to 2360p and maintains an add rating.Escher Group Holdings: Panmure Gordon takes target price from 410p to 456p and reiterates a buy recommendation.Falkland Islands Hodlings: WH Ireland cuts target price from 480p to 448p retaining a buy recommendation.Fresnillo: Deutsche Bank takes tatget price from 1260p to 1040p and still recommends selling.Fusion IP: HB Markets initiates with a speculative buy.Hargreaves Lansdown: Jefferies increases target price from 1000p to 1150p, while maintaining a buy recommendation.Hays: HSBC Holdings ups target price from 80p to 106p and leaves its neutral rating unaltered.Hikma Pharmaceuticals: Jefferies reduces target price from 1150p to 1040p keeping a buy recommendation. Panmure Gordon cuts target price from 1100p to 1000p, while its buy recommendation remains unchanged.Imperial Tabacco: Nomura cuts target price from 2443p to 2386p and reiterates a reduce rating.Interbulk Group: Westhouse Securities shifts target price from 11p to 10p and keeps a buy recommendation.InterContinental Hotels Group: Barclays downgrades to equal-weight with a target price of 2085p.JD Sports Fashion: Investec increases target price from 830p to 860p staying with its buy recommendation.Legal & General Group: Investec raises target price from 153p to 193p keeping a hold recommendation.Man Group: Canaccord Genuity raises target price to 120p and upgrades from hold to buy.Michael Page: Jefferies cuts target price from 520p to 500p and retains a buy recommendation. JP Morgan reduces target price from 389p to 370p maintaining a neutral rating. Citigroup lowers target price from 440p to 400p, while leaving its neutral rating unchanged. Credit Suisse moves target price from 400p to 360p and stays with an underperform rating. HSBC Holdings takes target price from 450p to 414p and downgrades to neutral.Moneysupermarket.com: Westhouse Securities moves target price from 195p to 210p and upgrades from neutral to add.Randgold Resources: Deutsche Bank cuts target price from 6030p to 5500p, while maintaining a buy recommendation.Rio Tinto: Deutsche Bank reduces target price from 4521p to 4489p keeping a buy recommendation.Sepura: Investec shifts target price from113p to 115p and leaves its buy recommendation unchanged.Smiths News: N+1 Singer moves target price from 164p to 185p, but downgrades to hold.Speedy Hire: Panmure Gordon shifts target price from 56p to 60p maintaining a buy recommendation.Vodafone Group: Deutsche Bank shifts target price from 173p to 180p and maintains a hold recommendation. HSBC Holdings ups target price from 205p to 230p reiterating an overweight rating.
More News
1 Apr 2016 10:28

Director dealings: Bell buys first stake at Greatland Gold

(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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