Broker Tips
Broker tips: Kenmare Resources, Vesuvius, Rio Tinto
Analysts at Berenberg raised their target price on mining company Kenmare Resources from 390. 0p to 460. 0p on Wednesday after the group's fourth-quarter earnings topped estimates.
Wednesday broker round-up
IMI: Credit Suisse upgrades to outperform with a target price of 1,450p.
Berenberg raises target price on Kenmare resources
Analysts at Berenberg raised their target price on mining company Kenmare Resources from 390. 0p to 460. 0p on Wednesday after the group's fourth-quarter earnings topped estimates.
Deutsche downgrades Rio Tinto after 'powerful' re-rating
Deutsche Bank downgraded miner Rio Tinto to ‘hold’ from ‘buy’’ on Wednesday following a "powerful" re-rating in recent months.
JPMorgan downgrades Vesuvius after strong share price recovery
JPMorgan Cazenove downgraded its stance on shares of molten metal flow engineer Vesuvius on Wednesday, to ‘neutral’ from ‘overweight’, following a strong recovery in the share price.