Berenberg cuts Anglo American and Rio Tinto

June 27, 2024 at 09:50 am

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Bank of America raises Antofagasta price target to 2,520 (2,500) pence - 'buy'

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Berenberg cuts Anglo American to 'sell' (hold) - price target 2,000 (3,000) pence

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Bank of America cuts Anglo American price target to 3,100 (3,200) pence - 'buy'

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Berenberg cuts Rio Tinto to 'hold' (buy) - price target 5,800 (5,900) pence

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Bank of America raises Fresnillo price target to 650 (620) pence - 'neutral'

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Berenberg cuts Fresnillo price target to 560 (680) pence - 'hold'

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Redburn cuts Darktrace to 'neutral' (buy) - price target 610 pence

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Goldman Sachs raises Beazley price target to 895 (885) pence - 'buy'

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Exane BNP cuts Ashtead Group to 'underperform' - price target 4,800 pence

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Barclays cuts IAG price target to 260 (270) pence - 'overweight'

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Oddo BHF cuts Burberry price target to 940 (1,080) pence - 'underperform'

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UBS cuts Burberry price target to 720 (750) pence - 'sell'

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Barclays raises Marks & Spencer price target to 360 (315) pence - 'overweight'

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FTSE 250

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Berenberg cuts Hochschild Mining to 'hold' (buy) - price target 200 pence

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Berenberg raises Endeavour Mining price target to 2500 (2400) pence - 'buy'

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Stifel cuts Witan Investment to 'hold'

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Stifel raises Alliance Trust to 'hold'

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SMALL CAP, AIM AND OTHER MAIN MARKET

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Barclays raises Bank of Ireland target to 11.60 (11.30) EUR - 'equal weight'

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Berenberg raises Adriatic Metals to 'buy' (hold) - price target 250 (260) pence

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Berenberg raises Wheaton Precious Metals target to 5,200 (5,100) pence - 'buy'

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Berenberg raises Tharisa price target to 130 (120) pence - 'buy'

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Berenberg raises Pan African Resources price target to 38 (32) pence - 'buy'

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Berenberg cuts Kenmare Resources price target to 420 (430) pence - 'hold'

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Berenberg raises Griffin Mining price target to 180 (170) pence - 'buy'

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Berenberg raises Central Asia Metals price target to 240 (220) pence - 'buy'

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Berenberg cuts Andrada Mining price target to 9 (10) pence - 'buy'

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Berenberg cuts Yellow Cake price target to 722 (776) pence - 'buy'

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Berenberg cuts Base Resources to 'hold' (buy) - price target 15 pence

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Comments and questions to newsroom@alliancenews.com

Market Closed - London S.E. Other stock markets 16:35:08 28/06/2024 BST			5-day change	1st Jan Change
2,502 ^GBX	+0.48%		+1.19%	+26.97%

06-27	Berenberg Downgrades Anglo American to Sell from Hold, Cuts PT	MT
06-27	European Midday Briefing: Skittish Mood Ahead of French Elections; U.S. Data Eyed	DJ

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
ASHTEAD GROUP PLC	5,282 GBX	+0.53%	-2.08%	29.13B
RIO TINTO PLC	5,201 GBX	+0.48%	-0.63%	112B
ANGLO AMERICAN PLC	2,502 GBX	+0.48%	+1.19%	38.35B
ANTOFAGASTA PLC	2,110 GBX	+0.81%	+2.53%	26.29B
ALLIANCE TRUST PLC	1,212 GBX	+0.66%	+0.33%	4.33B
BURBERRY GROUP PLC	877.8 GBX	-2.44%	-10.88%	3.96B
BEAZLEY PLC	708 GBX	+1.22%	+1.87%	5.78B
YELLOW CAKE PLC	582 GBX	-0.60%	-2.27%	1.6B
DARKTRACE PLC	576.6 GBX	-0.35%	-0.10%	4.69B
FRESNILLO PLC	562 GBX	-0.53%	+0.99%	5.23B
KENMARE RESOURCES PLC	315.5 GBX	-2.02%	-0.32%	356M
MARKS & SPENCER GROUP PLC	286.5 GBX	-2.52%	-3.86%	7.41B
WITAN INVESTMENT TRUST PLC	268 GBX	0.00%	+1.90%	2.04B
CENTRAL ASIA METALS PLC	201.5 GBX	0.00%	+0.25%	443M
HOCHSCHILD MINING PLC	179 GBX	+2.05%	-0.67%	1.16B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	162.2 GBX	+0.84%	-4.02%	10.09B
GRIFFIN MINING LIMITED	155 GBX	-1.27%	-1.27%	360M
WHEATON PRECIOUS METALS CORP.	71.73 CAD	-1.17%	-1.17%	23.77B
ENDEAVOUR MINING PLC	28.9 CAD	+0.14%	-0.31%	5.17B
PAN AFRICAN RESOURCES PLC	26.05 GBX	-2.43%	-5.44%	631M
THARISA PLC	19.21 ZAR	+6.37%	+2.45%	314M
BANK OF IRELAND GROUP PLC	9.768 EUR	+0.97%	+1.67%	10.73B
ADRIATIC METALS PLC	3.9 AUD	-1.27%	-3.23%	844M
ANDRADA MINING LIMITED	3.85 GBX	-2.53%	-1.28%	76.89M
BASE RESOURCES LIMITED	0.27 AUD	+1.89%	-1.82%	210M

Berenberg Downgrades Anglo American to Sell from Hold, Cuts PT	06-27	MT
European Midday Briefing: Skittish Mood Ahead of French Elections; U.S. Data Eyed	06-27	DJ
Berenberg cuts Anglo American and Rio Tinto	06-27	AN
Nervy trade in London before US data	06-27	AN
Li Industries, Inc. announced that it has received $42 million in funding from a group of investors	06-26	CI
Anglo American, Hype Team Up to Launch H2 Moves Europe	06-26	MT
Anglo American diamond sales down 31% amid "quieter period"	06-26	AN
Anglo American's De Beers Logs Lowers Rough Diamond Sales in Fifth Sale Cycle	06-26	MT
Phoenix puts SunLife up for sale; AO World profit up	06-26	AN
Anglo American's De Beers Diamond Sales Fell in Quiet Summer Period	06-26	DJ
Anglo American plc Announces Rough Diamond Sales Value for De Beers' Fifth Sales Cycle of 2024	06-26	CI
Exxaro weighing options for Australian coal JV amid Anglo's planned exit	06-25	RE
Anglo American Reportedly Sets Up for AUD 7.5 Billion Coal Exit	06-24	CI
De Beers Canada JV partner says diamond miner in no rush to sell	06-21	RE
Tech overload on Wall Street	06-21
BNP Paribas Exane Upgrades Anglo American to Outperform from Neutral, Boosts PT	06-21	MT
ANALYST RECOMMENDATIONS : Home Depot, Apple, Micron Technology, Anglo American, United Utilities...	06-21
UBS raises Landsec; Berenberg cuts SSP	06-20	AN
London's FTSE 100 gains after CPI shows in-line inflation, copper prices boost	06-19	RE
Copper bounces, spotlight on inventory jump	06-19	RE
Copper supported by supply shortages; demand concerns cap gains	06-19	RE
UK Stocks-Factors to watch on June 19	06-19	RE
Copper climbs on supply worries, China demand concerns limit gains	06-19	RE
Anglo American expects 30% drop at key Chile copper mine in 2025	06-18	RE
Moody's Changes Outlook on Anglo American Amid Restructuring Plans	06-18	MT

	1st Jan change	Capi.
ANGLO AMERICAN PLC	+26.97%	38.35B
BHP GROUP LIMITED	-15.33%	144B
RIO TINTO PLC	-10.97%	112B
GLENCORE PLC	-4.45%	69.29B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-11.33%	42.34B
GRUPO MÉXICO, S.A.B. DE C.V.	+4.49%	41.94B
HINDUSTAN ZINC LIMITED	+110.35%	33.91B
TECK RESOURCES LIMITED	+17.05%	24.83B
VEDANTA LIMITED	+75.59%	20.2B
IVANHOE MINES LTD.	+37.35%	16.36B

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