Broker Tips
Broker tips: Petropavlovsk, ABF, Man Group
Analysts at Cannacord Genuity reiterated their 'buy' recommendation and 16. 0p target price on shares of gold miner Petropavlovsk thid quarter sales and production data.
ShoreCap cuts 'fair value' estimate for Man Group after negative Q3 AuM surprise
ShoreCap analysts cut their 'fair value' estimate for shares of Man Group following the figures on third quarter assets under management released by the fund manager ten days before, but stayed at a 'buy' given the attractions of the outfit's business model.
Canaccord stays at 'buy' on Petropavlovsk following Q3 sales and production data
Analysts at Cannacord Genuity reiterated their 'buy' recommendation and 16. 0p target price on shares of gold miner Petropavlovsk thid quarter sales and production data.
Berenberg stays at 'buy' on ABF, sees upside for Primark valuation and sugar prices
Analysts at Berenberg reiterated their 'buy' recommendation for shares of Associated British Foods, telling clients that the combination of a valuation discount for the firm's fashion unit, Primark, and signs that the sugar price was "bottoming out" made for a good entry point into the shares.