Wednesday broker round-up

17th Apr 2019 13:32

(Sharecast News) - ConvaTec: Barclays upgrades to equal weight with a target price of 130p.

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Tuesday broker round-up

16th Apr 2019 12:44

(Sharecast News) - Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.

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Rio Tinto cuts iron ore guidance after cyclone damage

16th Apr 2019 07:07

(Sharecast News) - The impact of March's tropical cyclone in Western Australia has forced miner Rio Tinto to cut its guidance for annual ore shipments.

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Rio Tinto to invest $302m in US Resolution copper project

15th Apr 2019 07:21

(Sharecast News) - Rio Tinto on Monday said it would invest an extra $302m (£231m) to develop its US Resolution copper project as it sought to capitalise on the growing green energy market.

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RBC Capital downgrades Glencore after 14% YTD share price rise

10th Apr 2019 13:49

(Sharecast News) - RBC Capital Markets downgraded its stance on Glencore to 'sector perform' from 'outperform' on Wednesday, cutting the price target to 330p from 350p following a jump in the share price year-to-date.

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Anglo American will rise as near-term risks ease, says Jefferies

1st Apr 2019 09:33

(Sharecast News) - Jefferies has reiterated its 'buy' rating on Anglo American, arguing the near-term risks are being overplayed and have left the blue chip miner looking increasing undervalued.

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London open: Stocks buoyed by China factory PMI, US-China trade news

1st Apr 2019 08:35

(Sharecast News) - Stocks are kicking-off the new quarter on the front foot, helped by stronger-than-expected economic data out of the People's Republic of China and further positive news on the state of US-China trade talks.

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Rio Tinto iron ore production hit by cyclone

1st Apr 2019 07:34

(Sharecast News) - Rio Tinto said iron ore shipments from Pilbara in Australia would be at the low end of guidance after a cyclone damaged a port used to transport the commodity.

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Friday broker round-up

29th Mar 2019 13:38

(Sharecast News) - Accesso Technology Group: Peel Hunt upgrades to buy with a target price of 1,145p.

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SocGen downgrades Rio, BHP as it turns more cautious on miners

7th Mar 2019 11:36

(Sharecast News) - Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.

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Wednesday broker round-up

6th Mar 2019 13:39

(Sharecast News) - Ibstock: UBS downgrades to neutral with a target price of 270p.

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Monday broker round-up

4th Mar 2019 13:35

(Sharecast News) - RSA Insurance Group: JP Morgan downgrades to neutral with a target price of 610p.

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Iron ore prices to rise even higher, JP Morgan reckons

4th Mar 2019 12:47

(Sharecast News) - JP Morgan Cazenove has raised its forecasts for iron ore prices, arguing that the reduction in Vale's output in the aftermath of the Feijao dam collapse is likely to be worse than initially forecast.

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Positive near-term catalysts for Rio Tinto limited, says BoA Merrill Lynch

28th Feb 2019 15:10

(Sharecast News) - Bank of America Merrill Lynch cut its stance on miner Rio Tinto to 'underperform' from 'neutral' on Thursday, slashing the price target to 4,150p from 4,770p as it noted limited positive catalysts in the near term.

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Rio Tinto in bumper $4bn special dividend

27th Feb 2019 07:51

(Sharecast News) - Anglo-Australian mining giant Rio Tinto rewarded shareholders on Wednesday with a bumper special dividend worth a total $4bn as part of $7bn payout.

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