NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) is positioned to be a leading vertically integrated supplier of lithium-ion battery anode material for electric vehicles, analysts at Capital Access believe.
The firm has initiated coverage on NextSource Materials, which is ramping up to Phase 1 production of 17,000 tons per year at its Molo graphite mine in Madagascar and the final permitting process for its first Battery Anode Facility in Mauritius.
Gold miners could experience a surge in value beyond the first quarter of 2024 as prices for the precious metal have strengthened since the beginning of 2024, according to Jefferies.
Analysts suggests a potential average increase of 14% in target prices for gold miners despite a softer outlook for first quarter results.
Jefferies analysts believe shares in National Express owner, Mobico Group PLC (LSE:MCG), are looking at a 67% upside, despite news of the company’s chief financial officer resigning.
Though Mobico was sent 9% lower following a delayed trading update and details of James Stamp’s departure on Monday, Jefferies batted off concerns in a note.
Warnings that a sharp decline in interest rates will lead to a potential fall in UK bulk annuity volumes are overdone, suggests UBS, which expects Legal & General to be a major beneficiary of the continuing trend.
UK bulk annuity volumes hit historic levels in 2023 at £49.1bn according to actuarial consultancy LCP.
Unilever PLC (LSE:ULVR) is one of the 'most compelling' turnaround stories in the European consumer staples sector, according to Barclays, which provided the upbeat assessment of prospects ahead of the Cornetto and Persil maker's quarterlies on Thursday (April 25).
According to the investment banking arm of the high-street lender, the Anglo-Dutch giant is set for 3% organic sales growth (OSG), mirroring the performance of Procter & Gamble (P&G).
DiscoverIE Group plc’s “ability to consistently deliver was once again proven” in last week’s trading update, analysts at broker Panmure Gordon said of the London-listed electronic components company.
Despite currency headwinds and a modest decrease in organic sales, discoverIE reported a 1% year-over-year rise in group sales at constant exchange rates and highlighted a robust recovery in the final quarter, with a 2% rise in organic sales.
In a bullish endorsement for Arecor Therapeutics PLC (AIM:AREC), Panmure Gordon has issued a 'buy' recommendation, underpinning a significant upside potential with a target price of 539p — over four times the current share price of 132p.
Known for its innovative diabetes treatments, Arecor is expected to pick up royalties from AT220 product, its new insulin formulation, that could generate a sustainable revenue stream for the company.
Microsoft Corp (NASDAQ:MSFT) and Oracle Corp (NYSE:ORCL, ETR:ORC) are the most likely buyers of TikTok in the US should its owner be forced to sell it, some analysts believe.
It comes as the US government closes in on forcing Chinese owner ByteDance to divest the US operations of the social media app or face a Stateside ban.
Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) should see positive margin impacts emerging from a focus on higher-quality revenue streams, says house broker Shore Capital.
“The market opportunity appears promising spanning across various venues and geographies, and we see ACSO as well place to capture a greater share through leveraging its now broader solutions suite”.
Liberum believes Blackstone's $1.24 per share proposal to acquire Hipgnosis Songs Fund “presents materially better value to shareholders than the Concord offer” and expects the higher bid to “ultimately be the successful one”.
Blackstone's interest in Hipgnosis is part of a broader strategy involving its existing 51% stake in Hipgnosis Song Management, Liberum pointed out.
Diageo PLC (LSE:DGE) boosted US spirits growth in the second half of its financial year, but Deutsche Bank said most of this growth has been in 'flavour extensions', which historically has proved to be very short-lived.
There is a risk that the recent acceleration can’t be sustained, the bank warned.