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Monday broker round-up UPDATE

Mon, 07th Apr 2014 10:19

Abcam: Canaccord Genuity lowers target price from 386p to 375p, while upgrading from sell to hold.Aberbdeen Asset Management: Credit Suisse ups target price from 415p to 440p and stays with its neutral rating.AO World: Jefferies initiates with a target price of 410p and a buy recommendation. JP Morgan initiates with a target price of 400p and an overweight recommendation.Aureus Mining: FinnCap lowers target price from 81.4p to 75p, while its buy recommendation is kept.Burberry: Berenberg reduces target price from 1660p to 1500p and downgrades to hold.Carpetright: Deutsche Bank downgrades to sell with a target price of 545p.Catlin Group: Deutsche Bank cuts target price from 604p to 575p and retains a hold recommendation.Cranswick: Numis ups target price from 1215p to 1260p reiterating its hold recommendation.Direct Line Group: JP Morgan moves target price from 211p to 228p retaining a neutral rating.Gulf Marine Services: Canaccord Genuity initiates with a target price of 175p and a buy recommendation.Hiscox: Deutsche Bank ups target price from 610p to 685p, but still recommends selling.IMI: Jefferies raises target price from 1590p to 1750p upgrading to buy.Kazakhmys: Goldman Sachs ups target price from 150p to 170p and leaves its sell recommendation unaltered.Lancashire Holdings: Deutsche Bank cuts target price from 826p to 808p, while upgrading to buy.Liontrust Asset Management: Numis moves target price from 320p to 333p and keeps a buy recommendation.Monitise: Berenberg shifts target price from 70p to 74p, while downgrading to hold.NetDimensions: Panmure Gordon moves target price from 150p to 160p retaining a buy recommendation.Ocean Wilson Holdings: Cantor Fitzgerald raises target price from 1400p to 1500p and maintains its buy recommendation.Petra Diamonds: Panmure Gordon ups target price from 144p to 169p and stays with its buy recommendation.Rambler Metals and Mining: Cantor Fitzgerald shifts target price from 47p to 50p keeping a buy recommendation.Shire: Citi increases target price from 3600p to 400p maintaining a buy recommendation.Spirax-Sarco Engineering: Jefferies raises target price from 3150p to 3285p and keeps a hold recommendation.Synergy Health: Canaccord Genuity moves target price from 979p to 987p, but downgrades from hold to sell.Waterlogic: Liberum Capital upgrades to buy with a target price of 110p.
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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