JP Morgan downgrades Shell to 'neutral' on vulnerability to demand risks
12th Mar 2020 14:55
(Sharecast News) - Analysts at JP Morgan downgraded their recommendation for shares of Royal Dutch Shell 's B shares from 'overweight' to 'neutral' on the back of the recent "breakdown" in relations among OPEC+ members that had resulted in a crude oil price crash.
Read moreThursday broker round-up
12th Mar 2020 12:55
(Sharecast News) - AJ Bell: Berenberg downgrades to sell with a target price of 280p.
Read moreEurope open: Stocks reel amid 'margin calls' in wake of oil price crash
9th Mar 2020 11:18
(Sharecast News) - Stocks on the Continent plummeted at the start of the week as crude oil prices crashed after Saudi Arabia kicked-off a price war in response to Russia's decision not to support further oil output cuts to help prop up the market.
Read moreGoldman Sachs cuts oil forecasts as price war gets underway
9th Mar 2020 09:06
(Sharecast News) - Goldman Sachs has cut its forecasts for crude oil prices following a dispute between Russia and Saudi Arabia, warning that they could fall as low as $20 a barrel.
Read moreBrent oil futures plummet 25% after Saudi Arabia cuts selling prices
8th Mar 2020 22:46
(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.
Read moreLondon close: Stocks end sharply lower again as oil futures crash
6th Mar 2020 17:10
(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.
Read moreBrent oil futures slide on reports Russia will not agree to extra cuts
6th Mar 2020 10:54
(Sharecast News) - Russia is willing to extend the existing oil output curbs agreed with other OPEC+ countries until June, but for the moment refuses to participate in extra reductions.
Read moreThursday broker round-up
27th Feb 2020 12:47
(Sharecast News) - Restaurant Group: RBC Capital Markets downgrades to sector performer with a target price of 170p.
Read moreBP to quit trade bodies over climate change 'misalignment'
26th Feb 2020 12:14
(Sharecast News) - BP is pulling out of three American trade associations as part of its green overhaul, the British oil giant confirmed on Wednesday.
Read moreSunday share tips: Howden Joinery, BP
16th Feb 2020 10:54
(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Emma Dunkley was looking at FTSE 250 company Howden Joinery, noting that in the last year its shares had risen 45% to 727.6p, giving it a market value of ?4.4bn.
Read moreThursday broker round-up
13th Feb 2020 15:18
(Sharecast News) - Beazley: Jefferies downgrades to hold with a target price of 611p.
Read moreBarclays hails BP's new strategic goal of going net zero
13th Feb 2020 14:12
(Sharecast News) - Barclays's analysts hailed the new strategic vision set out by BP just the day before to reduce its carbon footprint to zero by 2050.
Read moreBP sets net zero targets for 2050 and plans reorganization to deliver
12th Feb 2020 15:52
(Sharecast News) - BP set a new ambition on Wednesday, to become a net zero company by 2050 or sooner and is planning a restructuring to deliver on that commitment and become a more focused and integrated company.
Read moreWednesday broker round-up
5th Feb 2020 13:17
(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.
Read moreTuesday broker round-up
4th Feb 2020 13:04
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.
Read more