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Friday broker round-up

Fri, 29th Jan 2016 16:47

(ShareCast News) - Experian: Exane BNP Paribas upgrades to outperform with a 1350p target.Mitchells & Butlers: JP Morgan downgrades to neutral with 370p target, down from 420pDcc: Exane BNP Paribas promotes to outperform with 6200p target.Lonmin: HSBC upgrades to buy, target 76p; Deutsche reiterates sell, target 41p; RBC reiterates underperform, target 50.Firstgroup: RBC downgrades to underperform with a target 85p from 110p. Shore keeps at buy, JP Morgan stays at overweight, Deutsche Bank reiterates hold and Citigroup keeps at neutral.De la Rue: Numis promotes to buy with a target of 530pDairy Crest Group: Numis upgrades to add target price 670 from 630,Bunzl: Exane BNP Paribas downgrades to neutral target 2100p.Ashtead Group: Numis upgrades to but keeps the target price at 1150p.Sky: UBS reiterates buy and target of 1350p while Numis keeps at Add with a target of 1250p.Antofagasta: RBC keeps at sector perform and shifts its target price to 390p from 400p.Anglo American: RBC and Deutsche reiterate sector perform and hold, respectively, and keep their target at 300p.Diageo: Berenberg, Nomura ad Citigroup reiterate Buy and Barclays keeps at overweight.
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8 Feb 2016 13:51

UPDATE 1-South African platinum sector girds for wage talks, pleads poverty

* Amplats, Impala and Lonmin gear up for talks in June * Platinum price down around 30 pct year-on-year * Union says aware sector struggling but will fight for workers (Adds AMCU comment) By Ed Stoddard and Zandi Shabalala CAPE TOWN, Feb 8 (Reuters) - The world's top pla

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8 Feb 2016 12:30

South African platinum sector girds for wage talks, pleads poverty

* Amplats, Impala and Lonmin gear up for talks in June * Platinum price down around 30 pct year-on-year By Ed Stoddard and Zandi Shabalala CAPE TOWN, Feb 8 (Reuters) - The world's top platinum producers, which are losing money as costs soar and prices sink, are pleading poverty

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5 Feb 2016 09:30

BROKER RATINGS SUMMARY: Barclays Cuts Enterprise Inns To Underweight

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2 Feb 2016 17:28

Police watchdog recommends charges against South African police commissioner

JOHANNESBURG, Feb 2 (Reuters) - South Africa's police watchdog has recommended that suspended national commissioner Riah Phiyega should face criminal charges for defeating the ends of justice, local media reported on Tuesday. Phiyega, the top-ranking police official when police killed 34 st

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29 Jan 2016 12:13

Broker tips: Lonmin, FirstGroup, Sky

(ShareCast News) - After a poor share price performance, HSBC has upgraded Lonmin from 'hold' to 'buy' but has cut its target price from 135p to 76p. The company's first quarter production report out on Thursday was mixed, according to the investment bank. "Safety stoppages impeded production momen

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29 Jan 2016 10:24

Lonmin upgraded by HSBC on poor share performance

(ShareCast News) - After a poor share price performance, HSBC has upgraded Lonmin from 'hold' to 'buy' but has cut its target price from 135p to 76p. The company's first quarter production report out on Thursday was mixed, according to the investment bank. "Safety stoppages impeded production momen

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29 Jan 2016 09:34

BROKER RATINGS SUMMARY: Shore Capital Upgrades Sky To Buy From Hold

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29 Jan 2016 08:15

LONDON BRIEFING: James Murdoch Back As Chairman Of Sky

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28 Jan 2016 08:59

Lonmin Platinum Production Rises As Workforce Reduction Progresses

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28 Jan 2016 08:39

UPDATE 1-Platinum producer Lonmin cuts jobs and costs

(Adds detail) JOHANNESBURG, Jan 28 (Reuters) - Lonmin said on Thursday it would continue to review its services and reduce costs, mainly through job cuts, as the sliding price of platinum bites further. The company said labour costs fell 194 million rand ($11.8 million) in the last th

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28 Jan 2016 07:56

Platinum producer Lonmin cuts jobs and costs

JOHANNESBURG, Jan 28 (Reuters) - Platinum producer Lonmin will continue to review its services and reduce costs, mainly through cutting jobs, as the slide in the price of its main commodity bites further. The company said labour costs fell 194 million rand ($11.8 million) in the last three

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22 Jan 2016 16:03

AGM, EGM Calendar - Week Ahead

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8 Jan 2016 16:20

DIRECTOR DEALINGS: Lonmin Board Participates In Rights Issue (ALLISS)

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18 Dec 2015 14:08

Lonmin Completes Share Consolidation Following Huge Rights Issue (ALLISS)

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