Best of the Brokers for 24 September 2013
GULF KEYSTONE
Canaccord Genuity retains its “hold” rating for Gulf Keystone but has raised its target price to 216p from 210p. The analyst says extra funding will be needed for production growth at the Shaikan field.
HOCHSCHILD MINING
UBS has retained a “neutral” rating for Hochschild Mining but increased its price target from 215p to 225p after the firm received construction permission for its Inmaculada processing plant.
888 HOLDINGS
Numis rates 888 Holdings a “buy” and 220p price target after its All American Poker Network announced a partnership with Wynn, one of the leading US gambling operators. The analyst said 888’s multi-strand strategy in the US appears to be paying off.