Morgan Stanley downgrades Fresnillo on Mexico uncertainty
22nd Nov 2018 12:18
(Sharecast News) - Precious metals miner Fresnillo slumped on Thursday as Morgan Stanley cut its stance on the stock to 'underweight' from 'equalweight' and slashed the price target to 715p from 1,100p citing uncertainty about proposed mining legislation in Mexico.
Read moreFriday broker round-up
26th Oct 2018 12:16
(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.
Read moreFresnillo expects to produce more gold and less silver after third quarter
24th Oct 2018 07:21
(Sharecast News) - Fresnillo issued its production reports for the third quarter ended 30 September on Wednesday, reporting a 6.3% improvement in silver production to 15.5 moz including Silverstream.
Read moreSector movers: Gold miners gleam and utilities remain solid amid sell-off
11th Oct 2018 12:49
(Sharecast News) - With most sectors in the red, those still dotted with green were standing out, led by the grocery, telecoms and paper sectors.
Read moreThursday broker round-up
27th Sep 2018 12:14
(Sharecast News) - Thomas Cook Group: UBS upgrades to neutral with a target price of 60p.
Read moreTuesday broker round-up
31st Jul 2018 13:26
(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.
Read moreFresnillo bumps up gold production targets after first half
31st Jul 2018 08:20
(Sharecast News) - Fresnillo issued its interim results for the six months ended 30 June on Tuesday, reporting an 11.3% improvement in adjusted revenue to $1.19bn.
Read moreThursday broker round-up
26th Jul 2018 13:01
(Sharecast News) - Beazley: Berenberg upgrades to buy with a target price of 640p.
Read moreFresnillo Q2 silver production gets boost from San Julian
25th Jul 2018 07:33
(Sharecast News) - Fresnillo said second quarter silver production rose 5.7% to 15.34m ounces, including Silverstream, mainly due to the start up of operations at San Julian.
Read moreCommodities: Crude shrugs off US inventories rise to soar as gasoline stocks fall
9th Feb 2017 15:51
(ShareCast News) - Crude-oil futures soared ahead on Thursday amid overall cautious trade after shrugging off the sell-off it experienced earlier this week on the back of hefty rises in US inventories. At 15:16 GMT, Nymex-priced West Texas Intermediate crude was up 1.26% to $53.00 a barrel, followed
Read moreWednesday broker round-up
8th Feb 2017 11:50
(ShareCast News) - RBS: Deutsche Bank upgrades to hold with a target price of 220p. DCC: JP Morgan reiterates overweight, 8160p target. Rolls Royce: JP Morgan reiterates neutral with a 740p target. Ascential: Deutsche Bank stays at buy with a 300p target. Aberdeen Asset Management: RBC upgrades t
Read moreSector movers: Aerospace & Defence, Mining lead gains
7th Feb 2017 14:41
(ShareCast News) - Strength in the US dollar helped drive gains in Aerospace&Defence. In remarks on Monday evening, the president of the US federal reserve bank of Philadelphia, Patrick Harker, reiterated his support for three interest rate hikes over the course of 2017. Indeed, in his opinion a fi
Read moreFTSE 100 movers: Tesco gains while Sainsbury's loses out
27th Jan 2017 15:38
(ShareCast News) - The FTSE 100 index rose 0.17% to 7,173.75 in the late afternoon. Supermarket giant Tesco climbed as it announced it has agreed to merge with the UK's largest food wholesale operator Booker Group. Under the terms of the merger, each Booker scheme shareholder would receive 0.861 new
Read moreFresnillo achieves record gold, silver production
25th Jan 2017 07:06
(ShareCast News) - Fresnillo achieved record gold and silver production in 2016, even though the miner experienced some delays in implementing its turnaround plan. The FTSE 100 miner set a target for an average development rate of 4.8m per month, and experienced "some issue during the year" in imple
Read moreFTSE 100 movers: Paddy Power and banks lead London losers
23rd Jan 2017 15:00
(ShareCast News) - The FTSE 100 was down over 0.8% by late afternoon on Monday, with stocks swaying lower as sterling rose to a one-month high ahead of the Supreme Court's decision on triggering Article 50 for Brexit. Leading the fallers was bookmaker Paddy Power Betfair as it revealed a £40m hit fr
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