Friday broker round-up UPDATE
7th Jun 2013 06:51
Aberdeeen Asset Management: Bank of America cuts target price from 475p to 410p downgrading to underperform. Anglo American: Nomura lowers target price from 1700p to 1650p and stays with its neutral rating. ARM Holdings: UBS moves target price from 950p to 970p, while its neutral rating remains un
Read moreThursday broker round-up UPDATE
25th Apr 2013 09:07
Barclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
Read moreMonday broker round-up UPDATE
15th Apr 2013 09:50
African Barrick Gold: Citigroup cuts target price from 267p to 175p and keeps its sell recommendation. African Minerals: Goldman Sachs lowers target price from 420p to 410p keeping a buy recommendation. Citigroup moves target price from 440p to 430p and retains a buy recommendation. Anglo American
Read moreWednesday broker round-up - UPDATE
30th Jan 2013 07:03
Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating. Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged. Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades
Read moreFriday broker round-up UPDATE
18th Jan 2013 07:53
Aberdeen Asset Management: UBS ups target price from 370p to 440p maintaining a buy rating. JP Morgan shifts target price from 479p to 498p and keeps an overweight rating. Numis raises target price from 400p to 430p, while its add rating remains unchanged. Afren: Nomura cuts target price from 185p
Read moreTuesday broker round-up UPDATE
4th Dec 2012 07:35
Anite: Panmure Gordon moves target price from 163p to 165p; buy recommendation kept. Canaccord Genuity raises target price from 143p to 169p and maintains a buy recommendation. Ashtead: Seymour Pierce raises target price from 400p to 460p and reiterates its buy recommendation. Barclays: Credit Sui
Read moreWeaker prices take lustre off Gem Diamonds
12th Nov 2012 10:36
A disappointing pricing environment has continued to slow the progress of Gem Diamonds in the second half of 2012, although there were signs in October of the market perking up. Rough and polished market indices are beginning to reflect a more encouraging overall trend, the company noted, but the r
Read moreLondon open: Miners provide a lift
21st Aug 2012 08:34
- Chinese stimulus hopes drive gains early on - Crisis resolution may take years, says Moody's - 'Glenstrata' merger at risk Strength in the mining sector lifted the FTSE 100 in early trading on Tuesday on the back of hopes for the Chinese economy. The People's Bank of China last night ramped up
Read moreGem Diamonds suffers as prices slump
21st Aug 2012 07:31
Gem Diamonds, the Australia and Africa focused minerals miner, has been forced to delay development projects at two of its operations as the falling price of diamonds has begun to bite. In the six months to the end of June total revenue was $180.2m against $196.5m in the same period of last year.
Read moreLondon pre-open: FTSE set for good start to the week
30th Jul 2012 07:35
City sources predict the FTSE 100 will open up 26 points from Friday's close of 5,627, with the week set to get off to a positive start following the comments last week from European Central Bank (ECB) president Mario Draghi, who said the bank would do whatever necessary to rescue the euro. His comm
Read moreGloomy update from Gem Diamonds
30th Jul 2012 07:06
FTSE 250 firm Gem Diamonds said it expected diamond prices to fall in the short term as the market continued to be volatile. In its first half update the company said May and June saw the first negative movements in its rough diamond market price indices, as prices dropped across the sector. Chief
Read moreGem Diamonds updates on resource estimates
25th Jul 2012 10:02
Diamond producer Gem Diamonds has reported an increase in carats of 10 per cent at the Let?eng resource base due to higher resource grade estimates, while the Let?eng revenue estimate has increased by five per cent to an overall value of 2,839 dollars per carat. The total resource base has been mai
Read moreTuesday broker round-up
19th Jun 2012 08:16
APR Energy: UBS slashes target from 860p to 690p, sell rating unchanged. BHP Billiton: Jefferies keeps buy rating. Bumi: JP Morgan Cazenove initiates coverage with buy rating and 520p target. Computacenter: UBS cuts target from 530p to 465p, buy recommendation kept. Dixons Retail: Bank of Americ
Read moreLondon close: Stocks higher despite soaring Spanish yields
18th Jun 2012 16:42
-Stocks swing between gains and losses on euro crisis -New Democracy wins majority in Greek elections -Spanish yields set euro-era high...again The Footsie ended the day only slightly higher as soaring bond yields in Spain and uncertainty over the situation in Greece weighed on sentiment. There wa
Read moreFTSE 250 movers: CWW leaps on Vodafone takeover support
18th Jun 2012 15:29
Orbis, which owns around a fifth of Cable & Wireless Worldwide stock, said it would not try to block a takeover bid for the firm by Vodafone, boosting shares early on. Despite initially saying the offer of 38p a share was too low, Orbis said it now believed the deal was inevitable. ?? Engineering
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