Accueil > Actualité
Actualite financiere : Actualite bourse

Fresnillo: UBS no longer on 'buy'

(CercleFinance.com) - UBS downgrades its recommendation on Fresnillo from 'buy' to 'neutral' and its price target from 1,100 to 800 pence, citing an absence of “visibility on operational turnaround & cost risks” for the Mexican precious metals mining company.


“The 'operational turnaround is not materialising as we had hoped and higher cost guidance is a significant incremental negative”, says the broker in a research note.

Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.