Wednesday broker round-up
25th Jul 2018 13:57
(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.
Read moreRBC Capital downgrades Rio Tinto to 'underperform''
25th Jul 2018 09:31
(Sharecast News) - RBC Capital Markets downgraded Rio Tinto to 'underperform' from 'sector perform' and cut the price target to 3,400p from 3,900p as it said the stock was unlikely to be able to hang on to its current 64% premium to sector valuations.
Read moreDirectors dealings: Rio non-exec digs into miner's shares
15th Feb 2017 18:37
(ShareCast News) - Robert Brown, a non-executive director at Rio Tinto, picked up 4,500 American Depositary Receipts in the miner at an individual price of US$46.27, pocketing out a total of US$208,215 in the process. On 8 February, the Australia-focused miner reported full-year net earnings of $4.6
Read moreLondon close: FTSE gains on financials as US consumer inflation surprises
15th Feb 2017 17:15
(ShareCast News) - London stocks ended Wednesday higher as investors considered news that UK's jobless rate held steady at end-2016, with forecast-busting US inflation numbers helping boost global markets led north by financials. The FTSE 100 ended the session up 0.47% or 33.85 points at 7,302.41, s
Read moreTuesday broker round-up
14th Feb 2017 09:07
(ShareCast News) - Antofagasta: Bank of America Merill Lynch upgrades to Buy with a target price of 1050p. Reckitt Benckiser: Berenberg reiterates Buy with a target price of 8500p. British American Tobacco: Citigroup reiterates Buy with a target price of 5600p. Glencore: Deutsche Bank reiterates H
Read moreLondon close: Blue chips, mid caps end higher as miners rally with copper prices
13th Feb 2017 17:17
(ShareCast News) - UK blue chips and mid caps chimed Monday's close on a positive note, with the latter at yet another record high, as mining-related stocks surged alongside the price of the industrial-favourite copper. Prices for the 'red metal' pushed higher at the start of the week on expectatio
Read moreLondon open: Miners pace early gains after protesters enter key BHP mine
13th Feb 2017 08:41
(ShareCast News) - London miners paced early gains on Monday as news of a worsening strike at the world's largest copper mine sent futures for the red metal sharply higher. As of 08:16 GMT FTSE 100 index was higher by 8.21 points at 7,266.96. Investor sentiment was bolstered by positive news from U
Read moreMonday broker round-up
13th Feb 2017 08:26
(ShareCast News) - Berkeley Group: Barclays reiterates Equal Weight with a target price of 3175p. Flybe Group: HSBC reiterates Buy with a target price of 55p. Esure Group: Berenberg maintains Sell with a target price of 193p. Berendsen: Citigroup reiterates Neutral with a target price of 930p. Sm
Read moreMiners pace gains as copper hits 20-month high
13th Feb 2017 08:10
(ShareCast News) - Shares in miners were boosted in early trading on concern that simultaneous disruptions at the world´s two largest copper mines might lead to a sharp reduction in supplies. On 11 February, roughly 300 protesters illegally entered the premises of BHP Billiton´s Escondida copper min
Read moreFTSE 100 movers: Rio Tinto zips higher as Reckitt Benckiser falls
10th Feb 2017 17:10
(ShareCast News) - FTSE 100 is higher on Friday afternoon thanks to a string of mining behemoths led by Rio Tinto congregating atop the risers' list, albeit offset by a motley group of fallers led by consumer goods giant Reckitt Benckiser. London's top tier index closed 0.40% higher to 7,258.75 poin
Read moreSector movers: Miners gain on stronger than forecast Chinese trade numbers
10th Feb 2017 14:48
(ShareCast News) - Metals and Miners' shares bounded higher at the tail-end of the week amid stronger than expected foreign trade data out of China referencing the month of January, together with sharp gains in the price of some bulk metals. Nonetheless, in the case of Dr. Copper note should be t
Read moreRio Tinto appoints three non-exec independent directors
10th Feb 2017 13:59
(ShareCast News) - Shares Rio Tinto are up more than 3% after the mining giant confirmed the appointment of three oil- and energy-sector heavyweights to the boards of London-quoted Rio Tinto Plc and Australia-listed Rio Tinto Ltd. "The new directors broaden the experience of the board, bringing cons
Read moreThursday broker round-up
9th Feb 2017 08:59
(ShareCast News) - Hargreaves Lansdown: Citi reiterates Sell with a target price of 1200p. Rio Tinto: Deutsche Bank reiterates Buy with a target price of 4000p. Redrow: Deutsche Bank reiterates Hold with a target price of 548p. Mondi: Jefferies reiterates Buy with a target price of 2000p. Easyjet
Read moreSector movers: Drop in bond yields sees interest rate-sensitive names gain
8th Feb 2017 15:08
(ShareCast News) - Homebuilders and food processors were again at the top of the leaderboard on Wednesday, alongside interest rate-sensitive issues such as telecoms outfit Vodafone and utilities. Banks on the other hand retreated precisely due to the fall in benchmark Gilt yields. To take note of i
Read moreFTSE 100 movers: Mining shares slide, housebuilders rally
8th Feb 2017 14:57
(ShareCast News) - The FTSE 100 fell 0.41% to 7,156.95 points in Wednesday afternoon trade, led by mining shares. BHP Billiton was the top faller following reports workers at its Escondida copper mine in Chile vowed to start an indefinite strike on Thursday after the miner failed to produce an agree
Read more