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Monday broker round-up

Mon, 29th Oct 2012 08:10

African Barrick Gold: HSBC cuts target from 710p to 670p, overweight rating kept.African Eagle Resources: Seymour Pierce keeps buy rating.Anglo American: Nomura cuts target from 2,100p to 2,000p, neutral rating kept; UBS ups target from 2,230p to 2,250p, buy rating kept.Burberry: Goldman Sachs raises target from 1,832p to 1,859p, buy rating kept.Capital & Counties: Deutsche Bank raises target from 240p to 270p, buy rating kept.Capital Shopping Centres: Deutsche Bank raises target from 420p to 480p, buy rating kept.Debenhams: HSBC downgrades to neutral, target lifted from 115p to 130p; Esirito Santo lifts target from 115p to 130p, buy rating kept.Derwent London: Deutsche Bank raises target from 2,300p to 2,650p.Elementis: Goldman Sachs cuts target from 278p to 255p, neutral ratin kept.F&C Asset Management: Jefferies keeps buy rating and 120p target.Fidessa: Citigroup initiates coverage with neutral rating and 1,385p target; Panmure Gordon cuts target from 1,352p to 1,244p, hold rating kept.Great Portland: Deutsche Bank raises target from 570p to 610p, buy rating kept.Hammerson: Deutsche Bank raises target from 540p to 580p, buy rating kept.Hargreaves Lansdown: Citigroup downgrades to sell, target cut from 630p to 620p.Land Securities: Deutsche Bank raises target from 960p to 1,030p, buy rating kept.Morrison: Exane BNP Paribas cuts target from 265p to 250p, underperform rating kept.Pearson: Jefferies maintains hold rating and 1,265p target; JPMorgan Cazenove cuts target from 1,530p to 1,490p, overweight rating kept.Rambler Metals & Mining: Seymour Pierce keeps buy rating.Sage: Citigroup upgrades to buy, target lifted from 294p to 345p.SEGRO: Deutsche Bank ups target from 310p to 330p, buy rating kept.Serco: Seymour Pierce keeps buy rating and 700p target.SDL: Citigroup initiates coverage with neutral rating and 610p target.Shire: Jefferies keeps buy rating and 2,400p target.Smith & Nephew: Exane BNP Paribas ups target from 725p to 775p, outperform rating kept.Trans-Siberian Gold: Seymour Pierce maintains buy rating.
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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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