Thursday broker round-up

19th Dec 2019 12:34

(Sharecast News) - Capita Group: Deutsche Bank downgrades to sell with a target price of 155p.

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HSBC downgrades Rio Tinto, Anglo American on valuation

19th Dec 2019 11:27

(Sharecast News) - HSBC downgraded its stance on Anglo American and Rio Tinto on Thursday, saying sector valuations were no longer cheap following a strong run in the share prices.

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Tuesday broker round-up

17th Dec 2019 12:29

(Sharecast News) - BAE Systems: Goldman Sachs downgrades to neutral with a target price of 613p.

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Rio Tinto gets six-month ban from compulsory acquisition of ERA

12th Dec 2019 09:01

(Sharecast News) - Rio Tinto responded to the Australian Takeovers Panel's findings surrounding the Energy Resources of Australia entitlement offer on Thursday.

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Barclays cuts target prices for copper miners but sees gold lining

11th Dec 2019 11:58

(Sharecast News) - Analysts at Barclays cut their target prices for a large swathe of UK-listed copper miners, on the back of lower projections for the medium-term price of the industrial metal, although there was a gold lining to its forecast changes, so to speak.

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Rio Tinto stops operations at SAfrica unit as violence escalates

4th Dec 2019 07:11

(Sharecast News) - Rio Tinto on Wednesday said it had curtailed operations at its Richard Bay Minerals unit in South Africa after one employee was shot and another seriously injured in nearby violence.

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Tuesday broker round up

3rd Dec 2019 13:24

(Sharecast News) - Aston Martin Lagonda: Goldman Sachs downgrades to neutral with a target price of 520p.

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Monday broker round-up

2nd Dec 2019 13:18

(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.

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RBC upgrades Glencore and Rio Tinto

2nd Dec 2019 10:49

(Sharecast News) - Analysts at RBC Capital Markets took a fresh look at miners Glencore and Rio Tinto on Monday, adjusting their target price and upgrading their recommendation on both firms's shares on the back of higher near-term iron ore price forecasts.

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Rio Tinto to invest $749m in Pilbara iron ore mine

27th Nov 2019 07:56

(Sharecast News) - Rio Tinto on Wednesday said it had approved a $749m (£583m) investment to cut costs and maintain production at its Greater Tom Price operations in Western Australia's Pilbara region.

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Rio Tinto defends Mongolian expansion amid legal spat

19th Nov 2019 15:23

(Sharecast News) - Rio Tinto strongly refuted claims that any agreements relating to its $5.3bn Oyu Tolgoi underground copper mine in Mongolia are illegal.

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Rio Tinto backs up rehab of Australia's Ranger Project area

15th Nov 2019 08:46

(Sharecast News) - Rio Tinto said on Friday that it will support Energy Resources of Australia's (ERA) plans for a renounceable entitlement offer to raise $324m for the rehabilitation of the Ranger Project Area in Australia's Northern Territory.

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Wednesday broker round-up

6th Nov 2019 12:54

(Sharecast News) - Ferrexpo: JP Morgan upgrades to overweight with a target price of 190p.

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JP Morgan stays 'overweight' on Rio Tinto, highlights 'world-class' assets

1st Nov 2019 14:31

(Sharecast News) - Analysts at JP Morgan reiterated their 'overweight' stance on shares of Rio Tinto following the miner's 2019 Strategy Day.

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Rio Tinto shares slip as it talks up investment in growth

31st Oct 2019 10:26

(Sharecast News) - Rio Tinto told shareholders on Thursday that it was "well-positioned" to continue generating strong returns, building on its track record of $32bn returned to shareholders since 2016, as well as the "significant progress" achieved in "strengthening the resilience and sustainability" of the business.

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