Broker tips: Kaz Minerals, CRH, EasyJet, Ryanair
2nd Nov 2016 15:24
(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals
Read morePeel Hunt downgrades Kaz Minerals to 'hold'
2nd Nov 2016 10:51
(ShareCast News) - Peel Hunt downgraded Kaz Minerals to 'hold' from 'add' after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector. It noted the shares are up 30% in the last month and 180% in the year to date. "While Kaz Minerals
Read moreKAZ Minerals posts rise in Q3 copper production
27th Oct 2016 09:57
(ShareCast News) - Kaz Minerals reported a rise in copper cathode equivalent output for the third quarter thanks to stronger production in the East Region, Bozymchak and Aktogay. The company produced copper cathode equivalent of 44,500 tonnes, up from 33,100 tonnes in the second quarter and 21,700
Read moreUBS upgrades Antofagasta after sharp share price falls
27th Oct 2016 09:34
(ShareCast News) - UBS upgraded Antofagasta, a Chilean copper mining company, from 'sell' to 'neutral' even after the company released a weaker than expected production target for fiscal year 2017, albeit at the same time lowering the price target from 520p to 500p. "After the release of weaker than
Read moreFTSE 250 movers: Miners rally, housebuilders slump
17th Oct 2016 14:57
(ShareCast News) - The FTSE 250 index fell 0.83% to 17,831.76 points in afternoon trade on Monday. Drax Group was the biggest riser as Credit Suisse reiterated an 'outperform' rating and raised its target price on the shares from 415p to 425p. Credit Suisse said the European Commission might soon a
Read moreFTSE 250 movers: Oil surge lifts mid-caps, N Brown down
10th Oct 2016 15:43
(ShareCast News) - Led by a group of resources stocks and a late surge in oil prices, the FTSE 250 moved into positive territory on Monday afternoon. Copper-focused Kaz Minerals and steel maker Evraz topped the leader board ahead of their third-quarter production updates later this month. There
Read moreKAZ begins commissioning at Bozshakol clay plant
29th Sep 2016 08:23
(ShareCast News) - KAZ Minerals announced the completion of construction and the commencement of commissioning works at the Bozshakol clay plant on Thursday. The FTSE 250 firm said the clay plant has an annual processing capacity of five million tonnes and is expected to commence production of salea
Read moreBroker tips: Anglo American, Kaz, Barclays, Ocado
21st Sep 2016 15:36
(ShareCast News) - Barclays upgraded Anglo American to 'equalweight' from 'underweight' and lifted the price target to 845p from 550p on strong valuation support and solid earnings momentum, particularly from the recent rally in coking coal which leaves the balance sheet in a much better position th
Read moreSector movers: Miners boosted by positive broker views
21st Sep 2016 14:50
(ShareCast News) - Shares in miners provided the biggest lift for the market, as at least two more top brokers weighed in with positive views on the space. Barclays upgraded its view on Anglo American and Kaz Minerals, to 'equalweight' from 'underweight' in both cases. On Anglo American, the broker
Read moreFTSE 250 movers: Evraz adds steel, Mitie's mighty fall to 2009 low
21st Sep 2016 14:22
(ShareCast News) - The FTSE 250 index on Wednesday recouped its losses from this and last week, led by further gains for miners. Top of the mid-cap list was miner and steel maker Evraz. Analyst Mike van Dulken at Accendo Markets said the Russian group, where Chelsea owner Roman Abramovich has a 31%
Read moreBarclays upgrades Anglo American, Kaz as it reviews mining sector
21st Sep 2016 09:23
(ShareCast News) - Barclays upgraded Anglo American to 'equalweight' from 'underweight' and lifted the price target to 845p from 550p on strong valuation support and solid earnings momentum, particularly from the recent rally in coking coal which leaves the balance sheet in a much better position th
Read moreMacquarie hikes target price on KAZ Minerals
16th Sep 2016 14:03
(ShareCast News) - Analysts at Macquarie hiked their target price on shares of KAZ Minerals ahead of what they described as a "key" debt refinancing which was expected before year-end 2016 which might act as a key catalyst for the stock. In a research note dated 15 September, analyst Alon Olsha also
Read moreDirectors dealings: LondonMetric directors sell as quarterly dividend declared
24th Aug 2016 17:55
(ShareCast News) - LondonMetric Property directors sold more than £1.5m-worth of shares in the company, which on Wednesday declared a first quarterly interim dividend of 1.8p a share. The ex-dividend date was 1 September, with the record date being 2 September and the dividend payment date diaried f
Read moreTuesday broker round-up
23rd Aug 2016 09:19
(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps
Read moreBroker tips: William Hill, Bodycote, KAZ Minerals
22nd Aug 2016 10:40
(ShareCast News) - Barclays reinstated coverage of William Hill at 'overweight', raising the price target by 3% to 340p. It said the stock is cheap and there are potential catalysts in the second half such as announcements around cost savings in retail and online and hopefully news on a new chief ex
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