Aton increased ratings of Nornickel, Kazakhmys to "purchase"
24.05.06 00:18
/REUTERS, Moscow, May 24, 06/ - Investment company Aton increased
recommendations on shares of metallurgical companies - Russian Norilsk
nickel and Kazakhstan Kazakhmys - to "purchase" with "hold" against a
background of price growth of nickel and copper.
It kept forecasted prices of shares of Nornickel at $163,93 and Kazakhmys -
at $23,55.
In the opinion of the company, current level of prices for non-ferrous metals
creates good opportunities for long-term investments.
[2006-05-24]