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Pin to quick picksRockhopper Share News (RKH)

Share Price Information for Rockhopper (RKH)

London Stock Exchange
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Share Price: 13.80
Bid: 13.55
Ask: 14.45
Change: 0.40 (2.99%)
Spread: 0.90 (6.642%)
Open: 13.40
High: 13.85
Low: 13.40
Prev. Close: 13.40
RKH Live PriceLast checked at -

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Broker tips: Carnival, Meggitt, Rockhopper

Mon, 16th Jan 2012 10:36

Credit Suisse has reassessed its view on cruise ship operator Carnival following the news that one of its luxury liners grounded off the coast of Italy at the weekend.The broker maintained its neutral rating on the stock but said that incident will be a "black mark on the cruise industry" as well as a negative headline for Carnival.Nevertheless, the broker says that while investors may want to avoid the stock in the near-term, it is still positioned for the long-term. The "near-3% dividend yield and history of returning capital through buybacks should provide a backstop for the stock". The 2,285p target price was unchanged.UBS has upgraded aerospace, defence and energy market engineer Meggitt from sell to neutral on the back of improving foreign exchange movements and a nascent business jet recovery in North America.The earnings per share forecast for 2012 is raised by 2.4% and for 2013 by 4.5%, translating to a higher target price of 365p (from 330p previously).Merchant Securities remains a buyer of oil and gas firm Rockhopper Exploration following speculation that it is looking for a partner to share development costs for its Falkland Island assets, with reports circulating that this could lead to a takeover from Cairn Energy."We believe Cairn would be a reasonable partner for Rockhopper given the company's proven record of developing oil assets...We believe Rockhopper's fundamentals and in particular the disconnect between the company's stock price and its value creates a compelling case for such rumours," analyst Brendan Long said.The broker maintained its buy rating and 428p target price.BC
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9 Jul 2015 08:54

BROKER RATINGS SUMMARY: Goldman Raises Prudential To Conviction Buy

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30 Jun 2015 11:38

UK Condemns Argentina For Trying To "Destroy Falklands Economy"

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29 Jun 2015 21:22

UPDATE 2-UK slams Argentine plan to seize Falklands oil driller assets

(Adds quotes from British foreign office minister) By Andrew Osborn and William James LONDON, June 29 (Reuters) - Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said

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29 Jun 2015 09:54

WINNERS & LOSERS: Safe Haven Demand Sends Gold Miners Higher

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29 Jun 2015 09:12

PRESS: Argentina Judge Orders Seizure Of Falkland Oil Assets - BBC

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28 Jun 2015 19:29

Argentina will pursue judge order on Falklands drillers- minister

BUENOS AIRES, June 28 (Reuters) - Argentina will pursue in Britain and the United States a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the foreign minister said in an interview published in local media on Sunday. On Saturday, a federal ju

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28 Jun 2015 10:13

Argentine judge orders seizure of assets of companies operating in the Falklands

A judge in Argentina has ordered the seizure of the assets of five oil companies operating in the Falklands Islands, including those owned by Premier Oil, Falkland Oil and Gas and Rockhopper Exploration. The order, which was made by Tierra del Fuego judge Lilian Herraez, also named Noble Energy and

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27 Jun 2015 19:49

UPDATE 1-Argentine judge orders seizure of Falklands drillers' assets

(Adds reaction comment) BUENOS AIRES, June 27 (Reuters) - An Argentine judge ordered the seizure of assets of oil drilling companies operating in the disputed Falklands Islands on Saturday, as rhetoric heats up before October elections. Lilian Herraez, a federal judge in Tierra del Fu

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27 Jun 2015 16:45

Argentine judge orders seizure of Falklands drillers' assets

BUENOS AIRES, June 27 (Reuters) - An Argentine judge ordered the seizure of assets of oil drilling companies operating in the disputed Falklands Islands on Saturday, as rhetoric heats up before October elections. Lilian Herraez, a federal judge in Tierra del Fuego, ordered the seizure of $1

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5 Jun 2015 14:26

Falkland oil driller to press on despite Argentina legal threat

LONDON, June 5 (Reuters) - Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands. A group of oil drillers, which also include Premier Oil , Edison, Noble

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1 Jun 2015 05:00

RPT-UPDATE 1-Rare run of oil finds is little respite for price-hit explorers

(Repeats May 29 story with no changes) * Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron B

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29 May 2015 14:19

UPDATE 1-Rare run of oil finds is little respite for price-hit explorers

* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w (Adds table, corrects spelling in paragraph 18) By

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29 May 2015 13:10

Rare run of oil finds is little respite for price-hit explorers

* Seven oil and gas discoveries made in recent weeks * 2015 still expected to see lowest discoveries on record * Exploration companies slash budgets after oil collapse * Graphic on oil discoveries: http://link.reuters.com/ted84w By Ron Bousso LONDON, May 29 (Reuters)

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28 May 2015 11:26

LONDON MIDDAY BRIEFING: Corporate Sponsors Join Backlash Against FIFA

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28 May 2015 10:35

WINNERS & LOSERS: Sports Direct Expects Earnings To Beat Forecasts

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