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Pin to quick picksFaroe Petroleum Plc Share News (FPM)

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Tuesday broker round-up UPDATE

Tue, 13th May 2014 09:08

Aberdeen Asset Management: Espirito Santo ups target price from 514p to 550p maintaining its buy recommendation.Asia Resource Minerals: JP Morgan starts with a target price of 210p and a neutral rating.Babcock International: Credit Suisse initiates with a target price of 1350p and an outperform rating.Blinkx: Goldman Sachs cuts target price from 170p to 130p downgrading to buy.Capita Group: Berenberg raises target price from 1060p to 1160p and keeps a hold recommendation.CRH: UBS reduces target price from 2000p to 1900p keeping its buy recommendation.Faroe Petroleum: Credit Suisse lowers target price from 134p to 129p and reiterates an underperform rating.Genel Energy: Deutsche Bank cuts target price from 1400p to 1375p maintaining a buy recommendation.Gulf Keystone Petroleum: Deutsche Bank initiates with a target price of 145p and retains a buy recommendation.Henderson Group: Espirito Santo raises target price from 168p to 235p and retains a neutral rating.Just Retirement Group: Deutsche Bank shifts target price from 166p to 170p reiterating its hold recommendation.London Mining: JP Morgan reduces target price from 160p to 100p and keeps an overweight rating.Lonmin: Deutsche Bank cuts target price from 350p to 330p, while maintaining a buy recommendation. JP Morgan reduces target price from 460p to 380p and leaves its overweight rating unaltered.Man Group: Citi shifts target price from 85p to 88p staying with its sell recommendation.Melrose: Investec lowers target price from 330p to 325p, while upgrading from add to buy.Royal Mail: Berenberg initiates with a target price of 700p and a buy recommendation.RSA Insurance: Deutsche Bank raises target price from 88p to 440p, while leaving its hold recommendation unchanged. JP Morgan increases target price from 81p to 388p, but leaves its neutral rating unchanged.TUI Travel: Panmure Gordon ups target price from 475p to 500p keeping a buy recommendation.
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8 Dec 2023 14:00

Longboat Energy inks farm-down deals with Concedo

(Sharecast News) - Norway and Malaysia-focused exploration and production company Longboat Energy announced a significant development through its subsidiary Longboat Japex on the Norwegian Continental Shelf (NCS) on Friday.

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23 Sep 2022 13:22

Longboat Energy upbeat on drilling at OMV licence

(Sharecast News) - Emerging explorer and producer Longboat Energy announced the encounter of hydrocarbons in the OMV-operated exploration well 30/5-4S on Friday, where it has a 20% interest.

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4 Feb 2019 10:47

DNO Begins Compulsory Purchases As Faroe Petroleum Stake Passes 90% (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA is to move to acquire the rest of Faroe Petroleum PLC's shares, with its control now standing at 96% after purchases on Friday.DNO said it

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28 Jan 2019 17:36

Faroe Petroleum Directors Resign After Takeover, New Chair Joins

LONDON (Alliance News) - Faroe Petroleum PLC on Monday said that Bjorn Dale and Orjan Gjerde have been appointed as chair and non-executive director of the company respectively, with immediate and

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17 Jan 2019 15:31

Faroe Awarded Eight New Exploration Licences In Norwegian North Sea

LONDON (Alliance News) - Faroe Petroleum PLC on Thursday said it has been awarded eight new prospective exploration licences in the Norwegian North Sea.These licences include the Edinburgh

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16 Jan 2019 10:45

Faroe Petroleum Enters Partnership With Shell Unit Ahead Of Delisting (ALLISS)

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday said it inked a partnership with subsidiaries of Royal Dutch Shell PLC and Spirit Energy Ltd for the development of the large, Edinburgh a

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11 Jan 2019 16:08

UPDATE: Faroe Petroleum Directors To Resign Following DNO Buy (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA said Friday it has acquired a further 3.7% of Faroe Petroleum PLC at 160 pence per share.Taking into account the 13.7 million shares purchased

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11 Jan 2019 14:08

Faroe Petroleum To Revise Brasse Gross Volumes After Appraisal Work

LONDON (Alliance News) - Takeover target Faroe Petroleum PLC on Friday said it would be revising the range of recoverable hydrocarbons at the Brasse field.Faroe has been drilling a well at

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11 Jan 2019 08:43

DNO Passes 75% De-Listing Threshold With Latest Faroe Petroleum Buy (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA said Friday it has acquired a further 3.7% of Faroe Petroleum PLC at 160 pence per share.Taking into account the 13.7 million shares purchased

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11 Jan 2019 07:44

LONDON MARKET PRE-OPEN: Flybe Agrees To Takeover By Stobart And Virgin

LONDON (Alliance News) - Stock prices in London are called higher Friday, with markets optimistic despite a lack of any concrete progress from trade talks between the US and China.In company news,

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10 Jan 2019 09:43

Faroe Petroleum De-Listing Looms After Further DNO Purchase (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said it has bought a further 20% of Faroe Petroleum, meaning it is approaching the threshold for de-listing the stock from AIM.On Wednesday, the

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9 Jan 2019 15:44

UPDATE: Faroe Investor Sells Stake On "Unacceptable" DNO Offer (ALLISS)

LONDON (Alliance News) - Faroe Petroleum PLC investor Cavendish Asset Management Ltd said Wednesday DNO ASA's offer for the UK oil producer is "unacceptable" and has sold its stake a

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9 Jan 2019 10:57

UPDATE: Faroe Petroleum Board Accepts Latest DNO Offer Despite Concern

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday told shareholders to accept DNO ASA's latest offer, given it is set to become unconditional, despite not believing it represents a DNO

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9 Jan 2019 09:33

Acceptances For DNO's Faroe Petroleum Hostile Takeover Offer Pass 50% (ALLISS)

LONDON (Alliance News) - Norway's DNO ASA on Wednesday said it has bought a further 8.7% of Faroe Petroleum PLC, its GBP640 million takeover offer now has more than 50% acceptances.The

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9 Jan 2019 08:20

DNO ups offer for Faroe Petroleum to 160p per share

(Sharecast News) - Norwegian oil producer DNO has acquired a further 32.25m shares in AIM-listed producer Faroe Petroleum after it upped its cash offer for the group to 160p per share after the close on Tuesday.

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