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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
5 Dec 2018 14:24

UPDATE: Bid Target Faroe Petroleum Swaps Norwegian Assets With Equinor

LONDON (Alliance News) - Faroe Petroleum PLC, which is fending off a hostile takeover offer from Norway's DNO ASA, on Wednesday agreed an asset swap with another Norwegian company.Faroe

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5 Dec 2018 10:15

Bid Target Faroe Petroleum Swaps Norwegian Assets With Equinor

LONDON (Alliance News) - Faroe Petroleum PLC, which is fending off a hostile takeover offer from Norway's DNO ASA, on Wednesday agreed an asset swap with another Norwegian company.Faroe

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27 Nov 2018 12:26

Tuesday broker round-up

(Sharecast News) - Pets At Home Group: Liberum downgrades to hold with a target price of 120p.

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26 Nov 2018 17:52

UPDATE: Faroe Petroleum Dubs DNO Offer Undervalued, Opportunistic

LONDON (Alliance News) - North Sea-focused oil & gas firm Faroe Petroleum PLC on Monday faced a hostile takeover bid from major shareholder DNO ASA, as the Norwegian firm made a GBP608 million

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26 Nov 2018 17:01

LONDON MARKET CLOSE: Year-End Rally In Sight As Oil Propels FTSE 100

LONDON (Alliance News) - A rebound in oil prices saw the FTSE 100 get off to the last week of November on the right foot, with Royal Dutch Shell and BP among the

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26 Nov 2018 12:09

Monday broker round-up

(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.

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26 Nov 2018 11:57

LONDON MARKET MIDDAY: Oil Stocks Gain Ground As Brent Stages Recovery

LONDON (Alliance News) - London stocks got off to a good start to the week as oil prices on Monday staged a recovery from last week's lows.With the price of Brent rising, oil majors such as at

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26 Nov 2018 10:49

WINNERS & LOSERS SUMMARY: Vectura Slides On Asthma Treatment Failure

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------John Wood -

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26 Nov 2018 09:59

UPDATE: Faroe Petroleum Urges No Action On Hostile Bid By Norway's DNO

LONDON (Alliance News) - North Sea-focused oil & gas firm Faroe Petroleum PLC on Monday faced a hostile takeover bid from major shareholder DNO ASA, as the Norwegian firm made a GBP608 million

Read more
26 Nov 2018 08:50

LONDON MARKET OPEN: Stocks Higher; Pound Firm As EU Backs Brexit Deal

LONDON (Alliance News) - Stocks in London opened higher on Monday, with the FTSE 100 index climbing above the 7,000 mark, recovering from last week's Brexit-related losses after the European a

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26 Nov 2018 08:29

TOP NEWS: Faroe Petroleum Faces Hostile Takeover Bid By Norway's DNO

LONDON (Alliance News) - North Sea-focused oil & gas firm Faroe Petroleum PLC on Monday faced a hostile takeover bid from major shareholder DNO ASA, as the Norwegian firm made a GBP608 million

Read more
26 Nov 2018 07:52

Norway's DNO offers to buy Faroe Petroleum for £608m in cash

(Sharecast News) - Norwegian oil and gas operator DNO has offered to buy London-listed Faroe Petroleum for 152p a share in cash, valuing the group at around £607.9m.

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26 Nov 2018 07:39

LONDON MARKET PRE-OPEN: Faroe Petroleum Gets Hostile Offer From Norway

LONDON (Alliance News) - Stocks in London are seen opening higher on Monday, tracking gains in Japan and Hong Kong and amid some early M&A announcements to distract market participants from is

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21 Nov 2018 14:33

Faroe confirms start of Brasse East exploration well

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the start of the Faroe-operated Brasse East exploration well 31/7-3S in the Northern North Sea, where it has a 50% working interest, on Wednesday.

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21 Nov 2018 10:31

Faroe Petroleum Kicks Off Drilling Work At North Sea's Brasse East

LONDON (Alliance News) - Faroe Petroleum PLC has begun exploration drilling on the Northern North Sea, the company said on Wednesday.Faroe is drilling the 31/7-3S well on Brasse East. which

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