Latest news with #DavidCoates
Business Insider
10 hours ago
- Business
- Business Insider
Bell Potter Sticks to Its Hold Rating for Regis Resources Limited (RGRNF)
Bell Potter analyst David Coates maintained a Hold rating on Regis Resources Limited (RGRNF – Research Report) today and set a price target of A$4.82. The company's shares closed last Monday at $3.47. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Coates covers the Basic Materials sector, focusing on stocks such as Regis Resources Limited, Aeris Resources Limited, and AIC Mines Limited. According to TipRanks, Coates has an average return of 5.8% and a 50.38% success rate on recommended stocks. Currently, the analyst consensus on Regis Resources Limited is a Hold with an average price target of $2.95, implying a -14.99% downside from current levels. In a report released on June 9, Morgans also maintained a Hold rating on the stock with a A$5.20 price target. The company has a one-year high of $3.50 and a one-year low of $0.91. Currently, Regis Resources Limited has an average volume of 5,674.
Yahoo
11 hours ago
- Business
- Yahoo
Business leaders vote to hold interest rates amid economic uncertainty
Business leaders in the North East have voted to hold interest rates. The decision came during the June 2025 meeting of the North East Shadow Monetary Policy Committee (MPC), a group of business figures who provide regional economic insight in partnership with Newsquest, Clive Owen LLP, and Recognition PR. Five members voted to keep rates steady at 4.25 per cent, while two called for a cut. David Coates, managing director of Newsquest North, said: "Given all the uncertainty that there is at the moment, let's not add any further uncertainty, so steady as she goes and stay where we are." The committee cited ongoing economic challenges, including inflation above the Bank of England's 2 per cent target, rising costs, and geopolitical instability. Graham Robb, senior partner at Recognition PR, also voted to hold rates. Mr Robb said: "The extra national insurance cost has hit both profits and margins, and as a result there is a cut back on the quantity of things businesses buy." Nicola Bellerby, tax partner at Clive Owen LLP, emphasised the impact of rising National Insurance contributions. Ms Bellerby said: "The cost of the National Insurance rises is starting to be felt, and the statistics are quite scary." She voted to hold rates, noting the pressures on businesses and the importance of controlling inflation. Arnab Basu, CEO and founder of Kromek Group plc, highlighted wage pressures and global instability. Mr Basu said: "There is a wage inflation coming in our sector because there's not enough engineers, particularly in the North East." He also voted to hold rates, referencing concerns about energy prices and the broader international economic environment. Donna James, research director at Populus Select, pointed to optimism in technical fields but warned of broader risks. Ms James said: "We are in danger of seeing wage inflation, and I'm worried about oil prices driving inflation with the situation in Iran and Ukraine." She also supported holding rates to maintain stability. However, not all members agreed. Martyn Tennant, head of the corporate team at Swinburne Maddison, voted for a cut. Mr Tennant said: "Businesses need the support of a rate cut now to help them through economic challenges." Kevin Brown of Pacifica Group also backed a rate reduction, citing concerns about consumer finances. Mr Brown said: "I'm concerned about the consumer debt that no one's talking about. Recommended reading Darlington charity warns financial pressure threatens survival as festival cancelled Rishi Sunak calls for £1.4bn A66 road upgrade to be given green light North East business confidence rises - and its 'good news' for job prospects "I think that will end up being a depressant on the retail sales market both in hospitality and in physical goods." The Shadow MPC's views reflect ongoing uncertainty and the varying pressures facing different sectors across the region. Their recommendations add a regional perspective to the national debate on monetary policy as the economic outlook remains mixed.
BBC News
31-05-2025
- Entertainment
- BBC News
University of Warwick appeals for theatre graduates to join reunion
A university is asking for theatre and performance studies graduates to get in touch to help celebrate the department's 50th birthday. Gavin and Stacey writer and star Ruth Jones is among those to have studied at the University of Warwick since its opening in is asking for former students to take part in a reunion event on 28 June in order to reconnect and share their stories. "Our alumni are an essential part of our story as well as our best advocates and inspiration for future generations of students," said Assistant Professor David Coates, who is organising the event. As part of the anniversary, the department is also working to expand the university archive."Our theatre studies archive is currently too formal, and we would like more colour and character," added Professor Coates. "We're appealing for photos, programmes, module notes, flyers and any other memorabilia material that can help capture the spirit of student life in the department over our five decades," he added. Follow BBC Coventry & Warwickshire on BBC Sounds, Facebook, X and Instagram.
Business Insider
22-05-2025
- Business
- Business Insider
Bell Potter Sticks to Their Hold Rating for Regis Resources Limited (RGRNF)
In a report released today, David Coates from Bell Potter maintained a Hold rating on Regis Resources Limited (RGRNF – Research Report), with a price target of A$4.72. The company's shares closed yesterday at $3.20. Confident Investing Starts Here: Coates covers the Basic Materials sector, focusing on stocks such as Regis Resources Limited, Evolution Mining , and AIC Mines Limited. According to TipRanks, Coates has an average return of 5.7% and a 50.77% success rate on recommended stocks. In addition to Bell Potter, Regis Resources Limited also received a Hold from Macquarie's Ben Crowley in a report issued yesterday. However, on May 8, Morgans maintained a Buy rating on Regis Resources Limited (Other OTC: RGRNF). Based on Regis Resources Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $777.28 million and a net profit of $88.45 million. In comparison, last year the company earned a revenue of $550.06 million and had a GAAP net loss of $91.8 million
Business Insider
12-05-2025
- Business
- Business Insider
Chalice Mining (C8U) Gets a Buy from Bell Potter
Bell Potter analyst David Coates maintained a Buy rating on Chalice Mining (C8U – Research Report) today and set a price target of A$5.75. The company's shares closed last Friday at €0.63. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Coates is a 4-star analyst with an average return of 6.6% and a 52.38% success rate. Coates covers the Basic Materials sector, focusing on stocks such as Evolution Mining , AIC Mines Limited, and Regis Resources Limited. Chalice Mining has an analyst consensus of Strong Buy, with a price target consensus of €1.44. The company has a one-year high of €1.21 and a one-year low of €0.44. Currently, Chalice Mining has an average volume of 3,370.
