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Acacia Mining now a 'binary investment', figures Investec

Acacia Mining now a 'binary investment', figures Investec

Tue, 30 May 2017

(ShareCast News) - With shares in Acacia Mining down by more than a third since Tanzania's accusation that the company is grossly underreporting the value of its gold exports, Investec said the compan... [more]

JP Morgan upgrades UK stocks because of their defensive qualities

JP Morgan upgrades UK stocks because of their defensive qualities

Tue, 30 May 2017

(ShareCast News) - Strategists at JP Morgan upgraded their recommendation on UK stocks, touting the 'defensive' qualities of British shares, expectations for better performance from commodity sectors,... [more]

Tuesday broker round-up

Tuesday broker round-up

Tue, 30 May 2017

(ShareCast News) - Halfords: Numis upgrades to Hold with a target price of 360p. OneSavings Bank: Investec upgrades to Buy with a target price of 455p. Vesuvius: Jefferies reiterates Buy with a targe... [more]

Deutsche Bank downgrades European banks, upgrades energy

Deutsche Bank downgrades European banks, upgrades energy

Tue, 30 May 2017

(ShareCast News) - Deutsche Bank downgraded its stance on European banks on Tuesday in its latest equity strategy note, as it upgraded the energy sector. Banks were cut to 'underweight' from 'benchmar... [more]

Investec upgrades OneSavings Bank to 'buy'

Investec upgrades OneSavings Bank to 'buy'

Tue, 30 May 2017

(ShareCast News) - Investec upgraded OneSavings Bank to 'buy' from 'hold', keeping the price target at 455p. It said the drop in the share price, which is down 9.2% since 23 May, has coincided with a ... [more]

Tuesday newspaper round-up: Clearing clash, ports puzzle, CBI criticism

Tue, 30 May 2017

(ShareCast News) - One of the eurozone's top central bankers has stepped up the campaign to claim the City's lucrative euro-clearing business by declaring that it is impossible for it to remain in Lon... [more]

Sunday share tips: Global Benefits Group, TalkTalk

Sun, 28 May 2017

(ShareCast News) - In the Mail on Sunday, Midas began the long weekend column by describing relative newcomer to AIM, Global Benefits Group, as an insurer "with a difference", pointing out how it offe... [more]

Director dealings: DMGT trio buy after results disappointment

Fri, 26 May 2017

(ShareCast News) - Daily Mail and General Trust chairman Lord Rothermere and his new CEO and CFO bought £0.3m of shares on Friday, following disappointing interim results the day before. Newspaper bar... [more]

Sector movers: Engineers gain led by Spirax as financial services under pressure

Fri, 26 May 2017

(ShareCast News) - Spirax Sarco pushed industrial engineers to the top of the leaderboard after the company inked a deal to make-off with US electrical products provider Chromalox. The American compan... [more]

Broker tips: Acacia Mining, Restaurant Group, Experian

Fri, 26 May 2017

(ShareCast News) - Jefferies slashed its target price on Acacia Mining by 41% to 265p after a Tanzanian presidential committee accused the miner of under-reporting gold contained in 277 containers for... [more]

Jefferies slashes Acacia target price as sees low chance of solution

Fri, 26 May 2017

(ShareCast News) - Jefferies slashed its target price on Acacia Mining by 41% to 265p after a Tanzanian presidential committee accused the miner of under-reporting gold contained in 277 containers for... [more]

Petrofac falls again after RBC downgrades on contract implications from SFO probe

Fri, 26 May 2017

(ShareCast News) - Petrofac shares lost further ground on Friday after RBC Capital Markets downgraded its recommendation and hacked its target price down due to the implications of a criminal investig... [more]

Friday broker round-up

Fri, 26 May 2017

(ShareCast News) - GlaxoSmithKline: Berenberg upgrades to Buy with a target price of 1885p. Restaurant Group: JPMorgan upgrades to Overweight with a target price of 380p. Petrofac: RBC downgrades to ... [more]

JPMorgan upgrades Restaurant Group, says shares are too cheap

Fri, 26 May 2017

(ShareCast News) - JPMorgan Cazenove upgraded Restaurant Group to 'overweight' from 'neutral' and lifted the price target to 380p from 340p following the company's first-quarter update on Friday, as i... [more]

Experian drops on Deutsche Bank downgrade

Fri, 26 May 2017

(ShareCast News) - Credit checking agency Experian was under the cosh on Friday as Deutsche Bank downgraded the stock to 'sell' from 'hold' and cut the price target to 1,460p from 1,560p. It said that... [more]

Friday newspaper round-up: China, RBS, bitcoin

Fri, 26 May 2017

(ShareCast News) - China's structural reforms will not be enough to arrest its rising debt and another credit rating downgrade for the country is possible unless it gets its ballooning borrowing in ch... [more]

London close: FTSE mired in range trade as oil majors drop after Opec pledge

Thu, 25 May 2017

(ShareCast News) - Shares in London flickered around their starting levels for most of the day, mimicking the disappointing pattern of range-bound trade also seen among Europe's main indices. The FTSE... [more]

Broker tips: BT Group, National Grid, Acacia Mining

Thu, 25 May 2017

(ShareCast News) - Exane BNP Paribas downgraded shares of BT Group from 'neutral' to 'underperform'. At the same time, the broker cut its target price by 15% to 260p. Exane said BT's underlying busin... [more]

Friday preview: Major US data due - but Fed looking further forward

Thu, 25 May 2017

(ShareCast News) - There's little on the London corporate calendar ahead of the long weekend, with two big data releases Stateside in the form of revised first quarter gross domestic product and durab... [more]

Sector movers: Oil shares hit by OPEC decision, Petrofac

Thu, 25 May 2017

(ShareCast News) - Oil stocks were under the cosh despite a decision from OPEC to extend a supply cut deal for another nine months, although in the oil equipment space it was Petrofac that was inflict... [more]

Goldman Sachs lifts National Grid target price, but stays at 'sell'

Thu, 25 May 2017

(ShareCast News) - Analysts at Goldman Sachs boosted their target price for shares of National Grid after rejigging their valuation methods for the company, but said the premium they were trading at w... [more]

Biffa collections benefits brought to light by Pennon results, Numis says

Thu, 25 May 2017

(ShareCast News) - Broker Numis said Biffa was one of the top stocks picks in the support services sector as it could be a beneficiary of trends mentioned by rival Viridor this week. Following comment... [more]

Acacia Mining's Tanzania dispute 'no laughing matter', say analysts

Thu, 25 May 2017

(ShareCast News) - Tanzania has launched a new investigation after Acacia Mining was accused by a government committee of under-reporting gold exports, with analysts in disagreement over how much hot ... [more]

Acacia Mining's Tanzania dispute 'no laughing matter', say analysts

Thu, 25 May 2017

(ShareCast News) - Tanzania has launched a new investigation after Acacia Mining was accused by a government committee of under-reporting gold exports, with analysts in disagreement over how much hot ... [more]

Exane downgrades BT Group, recommends dividend cut

Thu, 25 May 2017

(ShareCast News) - Exane BNP Paribas downgraded shares of BT Group from 'neutral' to 'underperform'. At the same time, the broker cut its target price by 15% to 260p. Exane said BT's underlying busin... [more]