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UBS upgrades Anglo American, Antofagasta to ‘buy’

UBS upgrades Anglo American, Antofagasta to ‘buy’

(Sharecast News) - UBS upgraded its stance on miners Anglo American and Antofagasta on Friday to 'buy' from 'neutral'. On Anglo, it said the risk/reward was attractive after underperformance. It noted the shares are down 40% from the high in January, underperforming...

Spirax-Sarco shares have further to fall, says RBC

(Sharecast News) - RBC Capital Markets has slashed its target price for Spirax-Sarco Engineering from 9,000p to 8,000p and reiterated an 'underperform' rating on the stock, saying the valuation still isn't cheap despite its underperformance this year. "One of the most...

Berenberg places Petrofac ‘under review’

(Sharecast News) - Analysts at Berenberg placed oil and gas business Petrofac 'under review' on Friday, stating the group was now "precariously positioned". Berenberg said Petrofac's equity was down by nearly 70% year-to-date and its bonds trade at a deep discount to...

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