Research Analysts’ Ratings Reiterations for June, 2nd (BBL, BD15, BVIC, ESYJY, GOLD, HBC, JMPLY, KMB, PGH, RIO)
BHP Billiton plc (NYSE:BBL) had its hold rating reiterated by analysts at Canaccord Genuity.
Tate & Lyle PLC (LON:BD15) had its hold rating reiterated by analysts at Canaccord Genuity.
Britvic Plc (LON:BVIC) had its buy rating reissued by analysts at Numis Securities Ltd.
Easyjet Plc (NASDAQ:ESYJY) had its buy rating reiterated by analysts at Numis Securities Ltd.
Randgold Resources Ltd. (NASDAQ:GOLD) had its buy rating reissued by analysts at Numis Securities Ltd.
HSBC (NYSE:HBC) had its add rating reissued by analysts at Numis Securities Ltd.
Johnson Matthey PLC (NASDAQ:JMPLY) had its hold rating reissued by analysts at Numis Securities Ltd.
Kimberly Clark Corp (NYSE:KMB) had its neutral rating reiterated by analysts at Zacks. The firm currently has a $118.00 target price on the stock. Zacks’ analyst wrote, “Kimberly-Clark’s first quarter 2014 earnings of $1.48 and sales of $5.3 billion were in line with the Zacks Consensus Estimate and the prior-year figure. Earnings were boosted by organic sales growth, cost savings and lower selling, general and administrative expenses, which made up for increased input costs and currency headwinds. Organic sales grew 4% backed by higher sales volume and selling prices. We are encouraged by the company’s decision to shed its healthcare business to focus on its core consumer and professional brands. In addition, the company’s efforts to streamline its European facilities by dissolving the diaper segment should optimize resources. Further, the company’s regular innovations, growth initiatives and a strong international presence make the stock attractive. However, slow economic recovery, increased input and marketing expenses and currency headwinds keep us on the sidelines with a Neutral recommendation. “
Pengrowth Energy Corp (NYSE:PGH) had its outperform rating reaffirmed by analysts at Raymond James.
Rio Tinto plc (NYSE:RIO) had its buy rating reaffirmed by analysts at Canaccord Genuity.
SABMiller plc (NASDAQ:SBMRY) had its equal weight rating reissued by analysts at Barclays.
Smith & Nephew plc (NYSE:SNN) had its hold rating reissued by analysts at Numis Securities Ltd.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.