A site trip to Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) Vares mine has reassured about the potential of potential of this tier 1 asset, said broker RBC, though it has reduced its price target to 300p from 310p.
FTSE 250 member Adriatic has had a difficult year marked with delays, legal issues and management changes, notes RBC, but the trip to Vares highlighted the progress made to date by the miner.
Investment bank Jefferies has reaffirmed its buy rating on London Stock Exchange Group PLC (LSE:LSEG) shares with a 1,250p price target, implying 22% potential upside from the current price.
Jefferies detailed several growth drivers for LSEG, chiefly its ability to displace competitors.
Emmerson PLC's (AIM:EML) recent update has prompted Panmure Liberum to up its price target a smidgeon to 17p (from 16.9p).
The update contained the comment it is hopeful of receiving its environmental permit in the fourth quarter with an updated resource estimate also to be released.
Quadrise PLC (AIM:QED) continues to offer investors an opportunity for game-changing value creation, with Shore Capital analyst Tom Fraine today highlighting the potential in its anticipated shipping fuel pilot with MSC.
Converting only a small portion of the MSC opportunity can be worth a multiple of Quadrise’s current enterprise value, the analyst said in a note.
Broker Peel Hunt believes General Atlantic's £1 a share, £800 million offer for Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) is on the low side.
In a note to clients, it said it expects the business' performance to improve as the overall economy gets better.
Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) has received a conditional offer of 100p per share from General Atlantic, a US private equity firm, valuing LTG at around £815 million.
Discussions have started with General Atlantic and LTG has provided access to due diligence.
A bout of wet weather in the early stages of autumn has left the door open for some retailers to benefit after a tough summer, analysts say.
Marks and Spencer Group PLC (LSE:MKS), Next PLC (LSE:NXT) and Associated British Foods PLC (LSE:ABF)’s Primark are all in line for a boost heading into the colder months as a result, according to Shore Capital.