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Broker Tips
07 Jun
african barrick gold, gold, miner, acacia, drilling
Acacia likely to face 'large' cash sum to resolve Tanzania dispute - Numis

In order to resolve its dispute over gold-copper concentrate exports, Acacia Mining may have to pay a "potentially large" cash sum to the Tanzanian government, said broker Numis, but this makes shares a 'buy'.

07 Jun
tullow
Discounted Tullow offers exposure to growing low-cost oil production - Barclays

Barclays reinstated its 'overweight' rating on Tullow Oil on Wednesday as the company nears completion of its two-year restructuring of its debt, costs and portfolio.

07 Jun
rotork
Rotork offers improved risk-reward for Goldman Sachs

With Rotork shares the worst performing stock in the European capital goods sector over the last quarter due to oil price declines and cost inflation concerns, Goldman Sachs sees a buying opportunity as the risk-reward ratio shifts into more attractive territory.

07 Jun
Qinetiq, defence, bomb detection equipment, military
Broker tips: Qinetiq, Rotork, Tate & Lyle

Analysts at Berenberg lifted their target price on shares of Qinetiq due to the continued "significant" optionality afforded to the company by its comfortable cash position.

07 Jun
azucar
Jefferies downgrades Tate & Lyle on Nafta caution

Tate & Lyle is facing a likely softer sugar pricing climate in 2018 and combined with anticipated slow progress towards ramping up its speciality ingredients profits, Jefferies downgraded its recommendation on the shares to 'hold' from 'buy'.

07 Jun
qinetiq
Berenberg says Qinetiq deserves premium due to outlook for net cash

Analysts at Berenberg lifted their target price on shares of Qinetiq due to the continued "significant" optionality afforded to the company by its comfortable cash position.

07 Jun
rbs royal bank of scotland
Wednesday broker round-up

RBS: Investec upgrades to Hold with a target price of 260p.