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Wednesday broker round-up UPDATE

Wed, 03rd Apr 2013 08:41

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating.Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation.AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating.Antofagasta: Credit Suisse lowers target price from 1150p to 1000p and keeps an underperform rating.Ashtead Group: Credit Suisse raises target price from 545p to 850p, while leaving its outperform rating unchanged.Aviva: Goldman Sachs reduces target price from 416p to 372p, while reiterating a buy recommendation.Babcock International: Westhouse Securities downgrades from add to neutral with a target price of 1142p. Investec places both its target price (prev.: 1070p) and its hold recommendation under review.Berkeley Group: Investec starts with a target price of 40p and a buy recommendation.BHP Billiton: Credit Suisse reduces target price from 2400p to 2250p staying with its neutral rating.Burberry Group: Deutsche Bank moves target price from 1350p to 1400p retaining a hold recommendation.Coal of America: Investec reduces target price from 37p to 16p and downgrades from buy to hold.Domino's Pizza: Numis ups target price from 625p to 700p and downgrades to add.Eurasian Natural Resources: Credit Suisse lowers target price from 400p to 380p and reiterates an outperform rating.Highland Gold Mining: Westhouse Securities ups target price from 130p to 160p and maintains a buy recommendation. Fox Davies cuts target price from 181p to 173p, while reiterating its buy recommendation.Jupiter Fund Management: Numis upgrades to buy with a target price of 390p.Kazakhmys: Credit Suisse reduces target price from 600p to 450p leaving its underperform rating unchanged.M&C Saatchi: N+1 Singer moves target price from 210p to 255p and retains a buy recommendation.Pathfinder Minerals: HB Markets initiates with a speculative buy.Petropavlovsk: Westhouse Securities reduces target price from 440p to 365p, while keeping its buy recommendation.Polyus Gold International: Societe Generale lowers target price from 245p to 230p and retains a hold recommendation.Rio Tinto: Credit Suisse cuts target price from 4000p to 3800p, while its outperform rating remains unchanged.Sainsbury: HSBC Holdings increases target price from 325p to 340p, while maintaining an underweight rating.Schroders: Numis upgrades to add with a target price of 2268p.Stagecoach Group: Liberum Capital downgrades to hold with a target price of 292p.Super Group: Investec initiates with a target price of 843p and a buy recommendation.Tesco: HSBC Holdings takes target price from 410p to 430p keeping an overweight rating.Thorntons: Investec places its target price (prev.: 80p) under review and maintains a buy recommendation.Vedanta Resources: Credit Suisse reduces target price from 1500p to 1300p and maintains an outperform rating.Wolseley: Credit Suisse increases target price from 3202p to 4000p and leaves its outperform rating unchanged. Goldman Sachs moves target price from 3440p to 3750p retaining a neutral rating.WPP Group: Jefferies raises target price from 1150p to 1185p and upgrades to buy.3i Group: Societe Generale shifts target price from 305p to 315p keeping its hold recommendation.
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31 Oct 2013 08:52

Thursday broker round-up UPDATE

African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target

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30 Oct 2013 12:04

Coal Of Africa Finalises RUB210 Million Facility With Investec

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15 Oct 2013 09:57

Coal of Africa Board Approves ZAR220 Million Expansion Plan

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6 Sep 2013 15:00

Coal Of Africa Says Makhado Project Granted Environmental Authorisation

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2 Sep 2013 15:07

Pearson's Ethridge cashes in ADRs

The head of Pearson's North America business raised almost a million dollars by selling American depositary receipts (ADRs) in the education publishing giant. Will Ethridge, who leaves Pearson at the end of 2013, sold 50,000 ADRs on August 30th for $19.6782 (£12.62) each - a total of $983,910. Pear

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19 Jun 2013 11:47

STOCKS NEWS EUROPE-Coal of Africa outperforms in lower AIM index

The FTSE AIM All Share index falls 0.1 percent, in line with the FTSE Small Cap index, while the midcaps are 0.4 percent lower. Coal of Africa is among the top performers on the AIM index, ahead 9.5 percent, after announcing the results of a Definitive Feasibility Study at its flagship Mak

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19 Jun 2013 08:27

Wednesday broker round-up UPDATE

Aggreko: UBS cuts target price from 1975p to 1850p downgrading from buy to neutral. JP Morgan revises target price from 1870p to 1800p and retains a neutral rating. Alliance Pharma: Investec shifts target price from 35.20p to 35.80p, while downgrading from add to hold. Associated British Food: UBS

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3 Jun 2013 10:14

Coal of Africa says to shut South African colliery

JOHANNESBURG, June 3 (Reuters) - Junior coal mining firm Coal of Africa plans to shut its Mooiplaats colliery in South Africa and will begin talks with unions and other parties on potential job cuts, it said on Monday. "(Coal of Africa) recognises the importance of conserving jobs, but at

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3 Jun 2013 07:22

Monday broker round-up UPDATE

Anglo Pacific Group: Finncap cuts target price from 320p to 279p staying with its buy recommendation. Ashtead Group: Citi takes target price from 660p to 750p and maintains a buy recommendation. Centrica: Berenberg ups target price from 370p to 380p keeping a hold recommendation. Coal of Afica: I

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1 Feb 2013 09:48

Coal of Africa's production hit by strikes

Coal of Africa on Friday said production fell over the last three months of 2012 following strikes at its Mooiplaats mine in South Africa. The mining company reported a 24% quarter-on-quarter drop in run of mine coal output from 1.52m tonnes to 1.15m tonnes. Coal sales to the domestic market decl

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1 Feb 2013 09:17

Coal of Africa receives 80m dollars from Beijing Haohua Energy

AIM-listed mining company Coal of Africa has confirmed the receipt of 80m dollars for the conditional placement from Haohua Energy International company. This followed regulatory approvals from the Australian Foreign Investment Review Board, authorities in the People's Republic of China and approva

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1 Feb 2013 06:35

UPDATE 1-CoAL restarts Vele ops in S.Africa after floods

JOHANNESBURG, Feb 1 (Reuters) - Junior coal mining company Coal of Africa (CoAL) has restarted limited operations at its Vele colliery in South Africa following heavy rainfall and flooding around the mine. Operations at the mine, in the northern Limpopo province, were suspended earlier this

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22 Jan 2013 05:19

Coal of Africa suspends Vele ops in S.Africa due to rains

JOHANNESBURG, Jan 22 (Reuters) - Junior miner Coal of Africa (CoAL) said on Tuesday it had suspended operations at its Vele colliery in South Africa after heavy rains led to flooding at the mine. "CoAL expects normal operations to resume in approximately seven days subject to receding rai

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9 Jan 2013 14:00

Coal of Africa boosted by speedy subscription process

South African mining company Coal of Africa saw its shares rise after a wholly-owned subsidiary of Beijing Haohua Energy told the miner that it has received the requisite approvals ahead of schedule from the relevant Chinese authorities giving the go-ahead for the subscription for 100m dollars worth

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