Wednesday broker round-up
25th Nov 2020 13:38
(Sharecast News) - Codemasters Group: Berenberg downgrades to hold with a target price of 485p.
Read moreTuesday broker round-up
24th Nov 2020 13:33
(Sharecast News) - Glencore: Jefferies upgrades to buy with a target price of 250p.
Read moreJefferies raises Antofagasta and Glencore to 'buy'
24th Nov 2020 12:36
(Sharecast News) - Analysts at Jefferies upped their rating on both Antofagasta and Glencore to 'buy' on Tuesday as they took a fresh look at the broader metal and mining industry.
Read moreCiti predicts rebound for European miners
4th Nov 2020 11:23
(Sharecast News) - Citi named Anglo American, Rio Tinto and Polymetal International as its top metals and mining picks as the bank predicted earnings recovery and higher dividends for the sector.
Read moreGlencore outlines 'solid' Q3 trading, lowers FY coal production guidance
30th Oct 2020 08:05
(Sharecast News) - Commodity trading and mining firm Glencore delivered a "solid" third-quarter operating performance, with the effects of several Covid-19 related shutdowns being reversed in the three month period.
Read morePension fund withdraws support for Glencore's Valeria coal project
18th Sep 2020 12:20
(Sharecast News) - Glencore's plans for a new coal mine in Australia's Bowen Basin have run into unexpected opposition from a potentially key stakeholder.
Read moreRBC ups Glencore to 'outperform' following MBO 'thought experiment'
15th Sep 2020 15:22
(Sharecast News) - Analysts at RBC Capital Markets upped their rating on mining giant Glencore from 'sector perform' to 'outperform' on Tuesday after exploring the group's "deep value" through a management buyout "thought experiment".
Read moreTuesday broker round-up
15th Sep 2020 13:47
(Sharecast News) - Glencore: RBC Capital Markets upgrades to outperform with a target price of 240.0p
Read moreSector movers: Aerospace and Defence walloped by break-out in Sterling, Miners higher
1st Sep 2020 16:12
(Sharecast News) - Aerospace and defence names were at the bottom of the pile as Sterling continued its push higher, oblivious to what some observers had billed as a key week for Brexit talks between Brussels and London.
Read moreGlencore joins Fair Cobalt Alliance
25th Aug 2020 10:56
(Sharecast News) - The world's largest cobalt producer made an unexpected U-turn on Tuesday, giving its backing to artisanal miners in the Democratic Republic of Congo in a bid to assuage carmakers concerns around the ethics of its practices.
Read moreGlencore scraps $2.6bn dividend to focus on debt cuts
6th Aug 2020 07:30
(Sharecast News) - Glencore scrapped its deferred $2.6bn dividend to bolster its balance sheet as half-year profits fell on weak commodity prices and the Covid-19 pandemic but oil trading posted record profits.
Read moreGlencore lifts earnings guidance after 'very strong' marketing performance
31st Jul 2020 07:29
(Sharecast News) - Glencore reported a 15% decline in coal production in its first half on Friday to 58.1 million tonnes, which it put down to the Covid-19 related asset suspensions in Colombia, while it raised its earnings expectations for the year thanks to a "very strong" countercyclical marketing performance in the first half.
Read moreJPMorgan downgrades Ferrexpo but lifts price target
15th Jul 2020 13:05
(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of iron ore company Ferrexpo to 'underweight' from 'neutral' on Wednesday following the recent rise in the share price, as it took a look at the metals and mining sector.
Read moreMonday broker round-up
6th Jul 2020 13:59
(Sharecast News) - Softcat: Citigroup downgrades to sell with a target price of 957.0p.
Read moreTesla to use Glencore cobalt in new Gigafactories
16th Jun 2020 11:15
(Sharecast News) - Electric carmaker Tesla will be expanding its relationship with mining company Glencore and will use its cobalt in the new Gigafactories.
Read more