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Pin to quick picksSovereign Metals Share News (SVML)

Share Price Information for Sovereign Metals (SVML)

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Share Price: 33.50
Bid: 33.00
Ask: 34.00
Change: 0.00 (0.00%)
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LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

Wed, 27th Mar 2024 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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FTSE 100

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Berenberg raises Vodafone price target to 78 (75) pence - 'hold'

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Berenberg cuts Rio Tinto price target to 5,900 (6,200) pence - 'buy'

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Berenberg raises Fresnillo price target to 480 (430) pence - 'hold'

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Barclays raises Standard Chartered target to 750 (650) pence - 'equal weight'

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Barclays cuts HSBC to 'equal weight' - price target 740 pence

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UBS raises Sainsbury's to 'buy' (neutral) - price target 295 (275) pence

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JPMorgan places IAG on 'positive catalyst watch' ahead of Q1 results

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RBC cuts Ocado price target to 420 (500) pence - 'underperform'

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Jefferies cuts Kingfisher price target to 205 (210) pence - 'hold'

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JPMorgan cuts Burberry price target to 1,150 (1,300) pence - 'neutral'

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Jefferies cuts Burberry price target to 1,200 (1,300) pence - 'hold'

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FTSE 250

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Citigroup raises Softcat price target to 1,750 (1,600) pence - 'buy'

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Berenberg raises Hochschild Mining price target to 170 (150) pence - 'buy'

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Berenberg raises Centamin price target to 150 (130) pence - 'buy'

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RBC cuts Dr Martens price target to 85 (100) pence - 'sector perform'

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Jefferies raises Just Group price target to 130 (115) pence - 'buy'

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Numis raises Petershill Partners to 'buy' (add) - price target 240 (200) pence

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SMALL CAP

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Berenberg cuts Pollen Street price target to 900 (1,070) pence - 'buy'

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RBC raises Ecora Resources price target to 150 (130) pence - 'outperform'

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Goldman Sachs cuts Asos price target to 320 (350) pence - 'sell'

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Berenberg raises Wheaton Precious Metals target to 4,300 (4,100) pence - 'buy'

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Berenberg cuts Sovereign Metals price target to 39 (42) pence - 'buy'

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Berenberg raises Resolute Mining price target to 30 (27) pence - 'buy'

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Berenberg raises Pan African Resources price target to 28 (25) pence - 'buy'

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Berenberg raises Kenmare Resources price target to 440 (430) pence - 'hold'

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Berenberg raises Griffin Mining price target to 140 (130) pence - 'buy'

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Berenberg cuts BHP Group price target to 2,100 (2,200) pence - 'hold'

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Berenberg raises Atalaya Mining price target to 410 (340) pence - 'hold'

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Berenberg raises Adriatic Metals price target to 250 (240) pence - 'buy'

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Barclays cuts Fevertree Drinks target to 1,300 (1,380) pence - 'equal weight'

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Jefferies raises Fevertree Drinks price target to 1,150 (1,050) pence - 'hold'

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JPMorgan raises 888 Holdings price target to 120 (97) pence - 'neutral'

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Jefferies raises Paypoint price target to 680 (675) pence - 'buy'

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Jefferies cuts Life Science REIT to 'hold' (buy) - price target 45 (90) pence

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Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Sovereign Metals names Central Copper's Frank Eager as CEO

Sovereign Metals Ltd - Malawi-focused mining exploration and development company - Appoints Frank Eagar as managing director and chief executive officer, effective from October 20. Eager is a chartered accountant, with corporate, commercial and technical experience in the mining sector. He was previously chief financial officer at Central Copper Resources PLC, and CEO of Baobab Steel Ltd.

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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LONDON MARKET MIDDAY: Uninspiring China data hurts miners and luxury

(Alliance News) - China's economy expanded at an unimpressive pace, bringing growth fears for the world's second-largest economy to the fore again and ensuring equities kicked off the new week on the back foot.

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17 Jul 2023 09:24

Sovereign Metals gets Rio Tinto backing to tune of GBP21 million

(Alliance News) - Rio Tinto PLC has snapped up a 15% stake in Sovereign Metals Ltd, the AIM-listed exploration and development company said on Monday.

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20 Jun 2023 14:05

IN BRIEF: Sovereign Metals starts bulk sample programme at Kasiya

Sovereign Metals Ltd - Mining exploration and development company focusing on flagship Kasiya rutile deposit in Malawi - Says graphite bulk sample programme for qualification, downstream testwork and product development at Kasiya has begun. Notes programme is producing larger volumes of natural graphite. Adds a "significant" laboratory upgrade is underway to enable continuous production of bulk sampling.

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8 Jun 2023 14:26

IN BRIEF: Sovereign Metals reports near perfect crytallinity at Kasiya

Sovereign Metals Ltd - Mining exploration and development company focusing on flagship Kasiya rutile deposit in Malawi - Says testing at Kasiya graphite project shows "near perfect" crystallinity, as carbon purity goes above benchmark. Says results demonstrate "excellent suitability" for use in lithium-ion batteries. Adds, further testwork is underway to confirm optimal purification process. This comes after the lithium-ion battery anode market became the largest end-market for natural flake graphite, with demand for anodes growing by 46%.

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5 Apr 2023 15:00

IN BRIEF: Sovereign Metals boasts "outstanding outcome" at Kasiya

Sovereign Metals Ltd - Malawi-focused mineral explorer - Says the indicated resource at the Kasiya deposit in Malawi now stands at 1.2 billion tonnes at 1.0% rutile and 1.5% graphite. Its updated mineral resource estimate moves over 500 million tonnes from the inferred category to the indicated category. Over 66% of the mineral resource estimate is now in the indicated category.

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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