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Friday broker round-up UPDATE

Fri, 30th May 2014 09:14

ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation.Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating.Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommendation.Edge Resources: Sanlam Securities shifts target price from 10p to 14p and keeps its buy recommendation.Eland Oil & Gas: Westhouse Securities ups target price from 104p to 123p upgrading from sell to neutral.EnQuest: Canaccord Genuity moves target price from 175p to 185p and leaves its buy recommendation unchanged.Fenner: FinnCap reduces target price from 450p to 330p eith a hold recommendation. Numis downgrades from add to hold with a target price of 400p. N+1 Singer places both its target price (prev.: 395p) and its hold recommendation under review. Investec cuts target price from 360p to 320p and stays with its sell recommendation.James Fisher: Sanlam Securities initiates with a target price of 1600p and a buy recommendation.Kighfisher: Barclays cuts target price from 460p to 420p downgrading to equal-weight.Mitchells & Butlers: Numis upgrades from add to buy with a target price of 525p. Citi upgrades to buy with a target price of 500p.Petroceltic International: Westhouse Securities lowers target price from 250p to 240p, while retaining a buy recommendation.Shanks Group: Credit Suisse ups target price from 100p to 125p and upgrades from neutral to outperform.Smith & Nephew: UBS raises target price from 1000p to 1100p and maintains a buy recommendation.Tate & Lyle: UBS ups target price from 600p to 630p, but still recommends selling. Credit Suisse cuts target price from 700p to 650p and downgrades from neutral to underperform.Vectura Group: Berenberg moves target price from 200p to 210p and keeps a buy recommendation.
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Eland Oil & Gas Extends Share Buyback, Confident After Profit In 2018

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14 Mar 2019 13:45

Reserves And Indicated Value Of Eland OML 40 And Ubima Licences Rises

LONDON (Alliance News) - Eland Oil & Gas PLC on Thursday said a new report on its OML 40 and Ubima licences showed an increase in the proved reserves and in Eland's net present oil and gas

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20 Feb 2019 14:33

Eland Oil & Gas To Pay Maiden Dividend In Financial 2019

LONDON (Alliance News) - Eland Oil & Gas PLC on Wednesday said that it will pay a maiden dividend in respect of 2019.The Nigeria focused oil and gas producer said it will start to pay a

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18 Feb 2019 16:05

Ascent Resources Hires Ex-Eland CFO As Non-Exec, Appoints COO To Board

LONDON (Alliance News) - Ascent Resources PLC said Monday it has appointed Louis Castro as non-executive director to replace Nigel Moore, who has retired from the company's board.Moore

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15 Jan 2019 13:25

Eland Oil & Gas Confident As Nigerian Production Continues To Climb

LONDON (Alliance News) - Eland Oil & Gas PLC on Tuesday reported doubling in production for 2018, with 2019 output set to soar further.In 2018, average production was 8,000 barrels of a

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10 Jan 2019 12:31

Eland Oil & Gas Says Gbetiokun-3 Well Drilling In Nigeria Complete

LONDON (Alliance News) - Eland Oil & Gas PLC on Thursday said drilling phase of the Gbetiokun-3 well at the Gbetiokun oil field in Nigeria is now complete.Drilling of the Gbetiokun-3 is

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18 Dec 2018 11:09

Peel Hunt picks 'doublers' for the next 2-3 years

(Sharecast News) - Peel Hunt has named 29 companies it believes will double in value in the next two to three years, including JD Sports, GoCompare and CMC Markets.

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6 Dec 2018 13:41

Eland Oil & Gas Reports Initial Results Of Ubima-1 Well In Nigeria

LONDON (Alliance News) - Eland Oil & Gas PLC said Thursday that initial results at its Ubima-1 well in Nigeria showed " a significant step forward".The testing of the Ubima-1

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29 Nov 2018 18:36

Eland Oil & Gas Refinances Loan With New USD75 Million Facility

LONDON (Alliance News) - Eland Oil & Gas PLC confirmed Thursday it has refinanced its existing reserve-based lending facility with a new USD75 million facility, provided by a syndicate of and

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26 Oct 2018 11:20

Eland Oil & Gas Makes Progress With Nigerian Oil Operations

LONDON (Alliance News) - West Africa-focused Eland Oil & Gas PLC said on Friday it has completed drilling operations at the Opuama field, offshore Nigeria, and is currently flow testing the of

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26 Oct 2018 09:49

Eland anticipating 'record' output at Opuama as rig moves to new field

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26 Oct 2018 09:49

Eland anticipating 'record' output at Opuama as rig moves to new field

(Sharecast News) - A new in-fill well at Eland Oil & Gas' OML 40 licence in Nigeria will lift output from the Opuama field to a new record, the company said on Friday.

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20 Sep 2018 12:53

Eland Oil & Gas Swings To Profit In First Half On Higher Production

LONDON (Alliance News) - Eland Oil & Gas PLC on Thursday said it generated the first profit in its history in the first half of 2018, helped by improved production and higher oil exploration a

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