Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKAZ.L Share News (KAZ)

  • There is currently no data for KAZ

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Oil stocks gush ahead while Cranswick loses out

Mon, 05th Dec 2016 15:30

(ShareCast News) - The FTSE 250 index rose 0.13% to 17,457.33 in the late afternoon.Oil prices continued their steady advance following OPEC's decision to cut its production by 1.2m barrels a day, propping up shares in Tullow Oil, Vedanta Resources (VR) and Petrofac on Monday. Goldman Sachs maintained its 'buy' recommendation for VR and kept its price target at 1,300p. Citibank on the other hand maintained its rating for VR at 'Neutral/High Risk' but upped its price target to £9.30 from £6.60.Copper miner Kaz Minerals enjoyed a boost from a 2.90% jump in copper prices. Separately, analysts at Citi rated the miner at 'Buy' with a price target of £4.50. "Following the restructuring in 2014, the group has an entirely new investment proposition for the market with high growth, low cost, long life, cash generating company," they said.The yellow metal on the other hand fell by 1.41% sending shares in gold miner Centamin down.Cranswick was on the back foot as Numis downgraded its stock to 'hold' from 'add' and cut the target price to 2,311p from 2,536p. While the company last week revealed a strong set of first half results, Numis noted the market's increased wariness of consumer-related stocks.Inter-dealer money broker Tullett Prebon was also downgraded by HSBC to 'hold' from buy' but raised the target price to 480p from 460p, sending its shares lower."While still having above-consensus forecasts, we now see relatively limited upside of 8% for the shares despite several earnings upgrades in the past several months and therefore downgrade shares to Hold," said HSBC.G4S gave back some of the gains from last week when it was rated 'neutral' by Goldman Sachs with a price target of 258p. On Friday, it announced that it had agreed to sell its Israeli arm G4S Israel to private equity firm FIMI Opportunity Funds for an estimated net consideration of 425 million new Israeli Sheqel (£88m) in cash.RisersVedanta Resources (VED) 884.00p 4.49%Kaz Minerals (KAZ) 390.90p 4.16%Tullow Oil (TLW) 325.80p 3.56%Computacenter (CCC) 753.00p 3.36%Carillion (CLLN) 253.00p 3.31%Aldermore Group (ALD) 222.70p 3.29%Morgan Advanced Materials (MGAM) 290.10p 3.24%Debenhams (DEB) 58.10p 3.20%Laird (LRD) 142.50p 3.19%Petrofac Ltd. (PFC) 809.50p 2.53%FallersEuromoney Institutional Investor (ERM) 1,100.00p -4.26%G4S (GFS) 233.90p -3.78%Grafton Group Units (GFTU) 513.00p -3.57%Fisher (James) & Sons (FSJ) 1,620.00p -3.51%Centamin (DI) (CEY) 125.70p -3.01%Cranswick (CWK) 2,166.00p -2.91%Kennedy Wilson Europe Real Estate (KWE) 967.00p -2.57%Tullett Prebon (TLPR) 436.20p -2.57%Pennon Group (PNN) 773.50p -2.46%Aberdeen Asset Management (ADN) 265.80p -2.42%
More News
9 Jan 2020 09:34

UK BROKER RATINGS SUMMARY: Peel Hunt Cuts SIG After Profit Warning

UK BROKER RATINGS SUMMARY: Peel Hunt Cuts SIG After Profit Warning

Read more
19 Dec 2019 12:34

Thursday broker round-up

(Sharecast News) - Capita Group: Deutsche Bank downgrades to sell with a target price of 155p.

Read more
19 Dec 2019 09:28

UK BROKER RATINGS SUMMARY: HSBC Cuts Miners Rio, Anglo And Antofagasta

UK BROKER RATINGS SUMMARY: HSBC Cuts Miners Rio, Anglo And Antofagasta

Read more
17 Dec 2019 09:31

UK BROKER RATINGS SUMMARY: JPMorgan Cuts Rio And BHP, Raises Anglo

UK BROKER RATINGS SUMMARY: JPMorgan Cuts Rio And BHP, Raises Anglo

Read more
11 Dec 2019 13:53

FTSE 250 movers: Syncona slides, Stagecoach shines

(Sharecast News) - London's FTSE 250 was 1.22% lower at 20,526.53 in afternoon trade on Wednesday, with Syncona leading the index downward.

Read more
11 Dec 2019 11:58

Barclays cuts target prices for copper miners but sees gold lining

(Sharecast News) - Analysts at Barclays cut their target prices for a large swathe of UK-listed copper miners, on the back of lower projections for the medium-term price of the industrial metal, although there was a gold lining to its forecast changes, so to speak.

Read more
11 Dec 2019 09:42

UK BROKER RATINGS SUMMARY: Insurers Lancashire And Beazley Upgraded

UK BROKER RATINGS SUMMARY: Insurers Lancashire And Beazley Upgraded

Read more
3 Dec 2019 14:01

FTSE 250 movers: Synthomer slips, Centamin shines

(Sharecast News) - London's FTSE 250 was lower by 0.89% at 20,516.21 in afternoon trade on Tuesday, with Synthomer leading the index downward.

Read more
25 Nov 2019 12:58

Monday broker round-up

(Sharecast News) - Hays: Credit Suisse downgrades to underperform with a target price of 140p.

Read more
25 Nov 2019 09:29

UK BROKER RATINGS SUMMARY: Hays And Softcat Suffer Downgrades

UK BROKER RATINGS SUMMARY: Hays And Softcat Suffer Downgrades

Read more
15 Nov 2019 16:01

KAZ Minerals Signs USD100 Million Facility For Aktogay Expansion

KAZ Minerals Signs USD100 Million Facility For Aktogay Expansion

Read more
6 Nov 2019 09:27

UK BROKER RATINGS SUMMARY: Bernstein Likes IAG; JPMorgan Ups Ferrexpo

UK BROKER RATINGS SUMMARY: Bernstein Likes IAG; JPMorgan Ups Ferrexpo

Read more
29 Oct 2019 09:17

UK BROKER RATINGS SUMMARY: UBS Cuts RBS; Goldman Says Buy Prudential

UK BROKER RATINGS SUMMARY: UBS Cuts RBS; Goldman Says Buy Prudential

Read more
25 Oct 2019 12:56

Friday broker round-up

(Sharecast News) - AstraZeneca: Liberum upgrades to buy with a target price of 8,250p.

Read more
24 Oct 2019 10:31

UK WINNERS & LOSERS SUMMARY: Woodford Trust Up 30% As Schroders Tapped

UK WINNERS & LOSERS SUMMARY: Woodford Trust Up 30% As Schroders Tapped

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.