To appear in Best of the Brokers, email your research to email@example.com
Cantor Fitzgerald reiterated its “buy” rating for the mining firm following news that the expansion of its Caijiaying zinc mine “is proving challenging”. The broker said it believes Griffin will still reach its long term production goal but added “external factors can make the rate of progress unpredictable”.
NORTHBRIDGE INDUSTRIAL SERVICES
WH Ireland reiterated its “buy” rating for the industrial services group, after an update showed that little or no impact has been felt so far from the steep fall in the oil price. The broker added that “the expected negative impacts from the low oil price are largely balanced by positives elsewhere”.