News Column

BESTOF the BROKERS

June 18, 2014



HUMMINGBIRD RESOURCES Cantor Fitzgerald has reiterated its "buy" rating on the miner, while increasing the target price to 115p from 80p. The broker believes the firm has a very exciting deal on its second gold asset in West Africa, with an advanced development that makes production possible soon.


GKN Berenberg rates GKN a "buy" with a target of 440p, as part of its new coverage of aerospace and defence firms. The broker thinks GKN will benefit from improving automotive sales, and believes a mooted takeover of Spirit's Wing Systems arm would complement the business.


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Source: City A.M. (UK)


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