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Tuesday broker round-up UPDATE

Tue, 28th Oct 2014 09:18

Afren: Credit Suisse lowers target price from 132p to 115p staying with its outperform rating.African Barrick Gold: Westhouse moves target price from 230p to 240p and keeps an add rating.Anglo American: Investec reduces target price from 1603p to 1588p and keeps a buy recommendation.APR Energy: Liberum Capital upgrades to hold with a target price of 385p. Jefferies reduces target price from 1250p to 670p, while its buy recommendation remains unchanged. JP Morgan reduces target price from 1008p to 801p and leaves its overweight rating unchanged.Aviva: Societe Generale raises target price from 580p to 650p maintaining a buy recommendation.Cairn Energy: Credit Suisse cuts target price from 288p to 266p and retains an outperform rating.Croda International: Goldman Sachs reduces target price from 2750p to 2675p, while leaving its buy recommendation unaltered.Direct Line: UBS cuts target price from 304p to 282p and stays with its buy recommendation.Dunelm: Canaccord initiates with a target price of 925p and a buy recommendation.easyJet: Deutsche Bank reduces target price from 1935p to 1830p keeping a buy recommendation.Elementis: Goldman Sachs cuts target price from 345p to 330p and stays with its neutral rating.EnQuest: Credit Suisse cuts target price from 150p to 122p reiterating an outperform rating.Essentra: Goldman Sachs reduces target price from 970p to 880p and retains a buy recommendation.Faroe Petroleum: Credit Suisse lowers target price from 138p to 133p and reiterates a neutral rating.GKN: Westhouse cuts target price from 450p to 400p and leaves its buy recommendation unchanged.GlaxoSmithKline: Jefferies cuts target price from 1400p to 1350p and reiterates a hold recommendation.HSBC Holdings: Deutsche Bank lowers target price from 640p to 638p and retains its hold recommendation.ICAP: Morgan Stanley ups target price from 386p to 408p staying with its equal-weight rating.LSE: Morgan Stanley raises target price from 2098p to 2210p and keeps an overweight rating.Mothercare: JP Morgan cuts target price from 267p to 238p maintaining an overweight rating.Old Mutual: Barclays downgrades to equal-weight with a target price of 205p. JP Morgan shifts target price from 223p to 225p and reiterates an overweight rating.Petra Diamonds: Panmure Gordon cuts target price from 171p to 155p leaving its sell recommendation unchanged.Premier Foods: Societe Generale cuts target price from 70p to 35p and retains its hold recommendation.Premier Oil: Credit Suisse reduces target price from 392p to 355p and reiterates an outperform rating.Shire: Cenkos increases target price from 5200p to 5347p keeping its buy recommendation.SIG: Numis cuts target price from 230p to 200p maintaining its buy recommendation.Standard Chartered: Numis reduces target price from 1400p to 1200p downgrading from add to hold. Investec reduces target price from 1450p to 1350p and stays with its buy recommendation.Stratex: Northland lowers target price from 9.3p to 7.7p and stays with its buy recommendation.Synthomer: Goldman Sachs lowers target price from 260p to 250p and reiterates its neutral rating. Canaccord cuts target price from 283p to 258p and retains a buy recommendation.Tullett Prebon: Morgan Stanley ups target price from 254p to 270p and retains its equal-weight rating.Tullow Oil: Credit Suisse lowers target price from 800p to 790p and keeps a neutral rating.UBM: Canaccord ups target price from 600p to 620p upgrading from hold to buy.Vedanta Resources: Deutsche Bank reduces target price from 1215p to 1180p maintaining a buy recommendation.Victrex: Goldman Sachs reduces target price from 2110p to 2010p and keeps a buy recommendation.Wetherspoon (JD): Numis ups target price from 900p to 950p leaving its add rating unchanged.
More News
17 Sep 2015 06:50

VNG's Norwegian Boomerang prospect yields small oil find

OSLO, Sept 17 (Reuters) - Germany's VNG has made only a small oil discovery in the highly anticipated Boomerang prospect, Norway's Petroleum Directorate (NPD) said on Thursday. The first of two wells drilled contained 2-5 million standard cubic meters of oil, corresponding to between 12.6-3

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14 Sep 2015 06:44

Shell drills dry well in the Norwegian Sea -NPD

OSLO, Sept 14 (Reuters) - Royal Dutch Shell Plc drilled a dry well in the southern section of the Norwegian Sea, The Norwegian Petroleum Directorate (NPD) said on Monday. This is the first exploration well in production licence 793 awarded in the 2015 pre-defined licensing round (APA), NPD

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11 Sep 2015 13:21

Faroe Petroleum plugs and abandons Portrush well

(ShareCast News) - Oil and gas company Faroe Petroleum said the Portrush exploration well in the Norwegian North Sea has been plugged and abandoned after no hydrocarbons were encountered. Faroe said this was the first well to be drilled in the production licence in the Grimsan Basin, around 20 kilom

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11 Sep 2015 07:24

LONDON BRIEFING: Miners, Kingfisher Lead Calm End-Of-Week Trade

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11 Sep 2015 07:10

REPEAT: Faroe Petroleum And Shell Fail To Find Hydrocarbons In Portrush Well

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11 Sep 2015 06:28

Faroe Petroleum And Shell Fail To Find Hydrocarbons In Portrush Well

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9 Sep 2015 11:18

UPDATE 1-Norway sees dip in oil firms applying for drilling permits

(Adds energy minister's quote, background) OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual licensing round in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said on Wednesday.

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9 Sep 2015 10:17

Norway says 43 firms applied for drilling permits in mature areas

OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual round of license awards in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said in a statement. Statoil, BP and Royal Dutch Shel

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1 Sep 2015 14:20

Faroe Petroleum increases stakes in North Sea projects

(ShareCast News) - Oil and gas explorer Faroe Petroleum has increased its share in two gas fields in the North Sea, after agreeing to acquire Roc Oil in a deal worth to $20m. Under the agreement, Faroe will take control of Roc's 12.5% stake in the Blane field and of the group's 12% stake in the Enoc

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1 Sep 2015 07:29

Faroe Petroleum Ups Stake In North Sea Fields For USD20.0 Million

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26 Aug 2015 11:11

Faroe Petroleum begins drilling at Portrush well in Norwegian Sea

(ShareCast News) - Faroe Petroleum has begun drilling the Portrush exploration well in the Norwegian Sea, in which it holds a 20% stake. The licence is located south east of the producing Statoil-operated Njord field, in which Faroe owns a 7.5% stake and west of the Shell-operated Draugen field. Ch

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26 Aug 2015 07:40

Faroe Petroleum Says Drilling Starts At Portrush Well In Norwegian Sea

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22 Jul 2015 08:36

BROKER RATINGS SUMMARY: Citi Adds British Land To European Focus List

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22 Jul 2015 07:30

LONDON BRIEFING: easyJet Shares Buck Down Market As It Beats Guidance

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8 Jul 2015 14:06

UPDATE: UK Scraps Climate Change Levy, Confirms North Sea Support

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