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Monday broker round-up UPDATE

Mon, 23rd Sep 2013 09:06

African Barrick Gold: Citi takes target price from 93p to 119p, but still recommends selling.African Minerals: Citi increases target price from 320p to 330p and maintains a buy recommendation.Antofagasta: Citi shifts target price from 780p to 790p, while its sell recommendation remains unchanged.Barr (AG): Canaccord Genuity increases target price from 570p to 630p upgrading to buy. Numis upgrades to add with a target price of 578p. Numis ups target price to 630p and upgrades to buy.BHP Billiton: Citi raises target price from 2000p to 2070p and maintains a neutral rating.Croda International: Credit Suisse increases target price from 2600p to 3000p upgrading to outperform.Dairy Crest Group: Numis upgrades to hold with a target price of 444p.Dechra Pharmaceuticals: Investec takes target price from 708p to 788p and upgrades from add to buy.Ferrexpo: Citi lowers target pride from 230p to 220p leaving its buy recommendation unchanged.First Quantum Materials: Citi cuts target price from 870p to 850p and reiterates its sell recommendation.Fresnillo: Citi takes target price from 944p to 1020p and stays with its neutral rating.GemDiamonds: Citi shifts target price from 188p to 187p keeping its buy recommendation.Glencore Xstrata: Citi raises target price from 360p to 380p and leaves its buy recommendation unaltered.Gulf Keystone: Canaccord Genuity shifts target price from 210p to 216p and retains a hold recommendation.Henry Boot: WH Ireland ups target price from 215p to 245p retaining a buy recommendation.Hochschild Mining: UBS moves target price from 215p to 225p and keeps a neutral rating. Citi increases target price from 132p to 145p, but still recommends selling.ITE Group: N+1 Singer raises target price from 297p to 335p upgrading to buy.JLT Group: Canaccord Genuity increases target price from 870p to 1000p, while its hold recommendation remains unaltered.London Mining: Citi ups target price from 150p to 160p and retains a buy recommendation.London Stock Exchange: Alphavalue upgrades from sell to reduce with a target price of 1474.70p.National Grid: UBS cuts target price from 700p to 745p and downgrades from buy to neutral.New World Resources: Citi takes target price from 50p to 75p, but still recommends selling.Petra Diamonds: Citi lowers target price from 164p to 157p, while leaving its buy recommendation unaltered.Petropavlovsk: Citi ups target price from 58p to 64p, while its sell recommendation is kept.Polyus Gold International: Citi cuts target price from 235p to 224p, while its buy recommendation remains unchanged.Polymetal International: Citi moves target price from 612p to 631p, but still recommends selling.Rambler Metals and Mining: Cantor Fitzgerald lowers target price from 57p to 43p maintaining a buy recommendation.Randgold Resources: Citi increases target price from 4550p to 4733p and maintains a neutral rating.Redrow: Numis ups target price from 230p to 260p and reiterates a hold recommendation.Rio Tinto: Citi takes target price from 3700p to 3800p keeping a buy recommendation.RPC Group: Panmure Gordon increases target price from 496p to 553p and reiterates a buy recommendation.Tesco: HSBC Holdings revises target price from 420p to 430p and retains an overweight rating.Vectura Group: Numis raises target price from 135p to 142p upgrading to buy. Canaccord Genuity ups target price from 113p to 125p and stays with its buy recommendation.Vedanta Resources: Citi moves target price from 1070p to 1150p and maintains a neutral rating.Vodafone Group: UBS ups target price from 230p to 245p and reiterates a buy recommendation.
More News
21 Apr 2023 15:35

Rambler Metals says no choice but to turn to voluntary liquidation

(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.

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17 Apr 2023 19:43

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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11 Apr 2023 18:13

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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30 Mar 2023 19:20

TRADING UPDATES: Centamin targets reduction in greenhouse gases

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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28 Feb 2023 19:32

IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA

Rambler Metals and Mining PLC - AIM-listed owner of Ming copper-gold mine in Baie Verte, Newfoundland and Labrador - Obtains initial order from the Supreme Court of Newfoundland and Labrador and starts proceedings under the Companies' Creditors Arrangement Act. Says the order allows for a stay of proceedings in respect of Rambler Canada, 1948, the company, and Rambler Mines Ltd and authorises Rambler Canada to continue its business in the normal course during the CCAA proceedings. States proceedings will allow time and stability to develop and implement a sale process. Secures USD5 million to allow business to continue operating.

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27 Feb 2023 19:42

TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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20 Feb 2023 18:26

Rambler Metals & Financing says financial position "uncertain"

(Alliance News) - Rambler Metals & Mining PLC on Monday said its financial position was uncertain as it faced the possibility of default payments in relation to a contract with Sandstorm.

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20 Feb 2023 13:34

Rambler defaults on gold repurchase agreement with Sandstorm

(Sharecast News) - Copper and gold producer Rambler Metals and Mining announced a default on its gold streaming repurchase agreement with Sandstorm Gold on Monday.

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17 Feb 2023 13:06

Rambler Metals pauses mine operations as it discusses finances

(Sharecast News) - Copper and gold explorer, developer and producer Rambler Metals updated the market on its progress on financing and the status of its operations on Friday.

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17 Feb 2023 10:59

IN BRIEF: Rambler Metals pauses operations amid finance uncertainty

Rambler Metals & Mining PLC - Richmond, England-based, Canada-focused mining and development company - Pauses operations pending the delivery of "key supplies" to its Ming copper-gold mine. The mine is a fully operational base and precious metals processing facility on the Baie Verte peninsula in Canada. Says all operations will stop on Friday. Plans to recommence operations on or before Friday next week. Says the mine will be "fully maintained" through this period. Notes that the decision was made as its continues with discussions around its financial restructuring.

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10 Feb 2023 11:45

Rambler Metals' financial position precarious on gold sale default

(Alliance News) - Rambler Metals & Mining PLC on Friday said that its financial position remains uncertain, after it failed to deliver refined gold under its agreement with Elemental Altus.

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18 Jan 2023 21:58

TRADING UPDATES: Bankers net assets drop; Invinity Energy wins funds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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5 Dec 2022 21:49

TRADING UPDATES: MaxCyte in deal; Angus to resume Saltfleetby drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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15 Nov 2022 21:23

TRADING UPDATES: Gulf Marine wins deal; Rockpool considers acquisition

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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15 Nov 2022 13:41

Rambler takes forward sale position on copper tonnage

(Sharecast News) - Copper and gold developer and producer Rambler Metals has taken a forward sale position on a large tonnage of copper, it announced on Tuesday.

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