Monday broker round-up UPDATE
22nd Apr 2013 07:20
Admiral Group: Deutsche Bank takes target price from 1140p to 1300p retaining a hold recommendation. African Barrick Gold: Deutsche Bank ups target price from 173p to 180p staying with its hold recommendation. Albemarle & Bond: Canaccord Genuity reduces target price from 280p to 146p and downgrade
Read moreWednesday broker round-up UPDATE
20th Mar 2013 08:53
Abcam: Canaccord Genuity moves target price from 344p to 358p, but still recommends selling. Antofagasta: Jefferies cuts target price from 1350p to 1100p, while keeping a hold recommendation. ASOS: Cantor Fitzgerald raises target price from 2500p to 2900p reiterating a hold recommendation. Panmure
Read moreChariot Oil & Gas annual results hit by impairment charge
20th Mar 2013 07:54
Chariot Oil & Gas posted an annual loss on Wednesday following an impairment charge on an oil well in Namibia that was plugged and abandoned. The Africa-focused oil and gas company incurred a pre-tax loss of $88.6m for the year to the end of December 2012, compared to a loss of £9.1m for the 10 mo
Read moreBroker tips: Barclays, Lloyds, Chariot Oil&Gas
22nd Feb 2013 12:38
Investec analysts on Friday retained a 'sell' recommendation for Lloyds Banking Group shares but upgraded Barclays to 'buy.' However, they received two very different reviews from Investec on Friday. Investec told investors to "get back on it" and buy stocks in Barclays as the bank undergoes a mas
Read moreBroker snap: Chariot Oil upgraded to buy
22nd Feb 2013 10:25
Chariot Oil and Gas was upgraded from 'hold' to 'buy' by analysts at Jefferies, which said the stocks were trading at good value for money. "Chariot is trading at a discount to its current cash and we see three key wells drilling near its acreage in 2013 as low cost options on potentially material
Read moreFriday broker round-up UPDATE
22nd Feb 2013 07:12
Antofagasta: RBC upgrades from underperform to outperform. Ashmore Group: Citigroup raises target price from 330p to 355p upgrading to neutral. JP Morgan ups target price from 361p to 413p and maintains a neutral rating. Babcock International: Citigroup revises target price from 965p to 1185p and
Read moreChariot Oil & Gas drops after abandoning Namibian well
19th Feb 2013 08:02
Chariot Oil & Gas shares plunged Tuesday after the company plugged and abandoned a well in Namibia and reported a 39.2 per cent fall in its cash balance. Shares fell 18.33% to 24.50p at 08:00 as the group announced its Tapir South-1 well in the north of Nambia produced no commercial hydrocarbons so
Read moreTuesday broker round-up UPDATE
19th Feb 2013 07:30
Admiral Group: Investec takes target price from 570p to 582p, but still recommends selling. Advanced Medical Solutions: Investec upgrades from hold to buy with a target price of 68p. African Barrick Gold: Canaccord Genuity reduces target price from 360p to 305p keeping a hold rating. Anglo Americ
Read moreTuesday broker round-up UPDATE
15th Jan 2013 07:17
African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold. Aurum
Read moreChariot Oil focuses on risk management
21st Dec 2012 07:55
Chariot Oil & Gas said it would focus on risk management going forward as it updated the market ahead of its full year results. The company said it had continued to diversify and balance its portfolio through the acquisition of further licence areas, including Casablanca/Safi, Loukos and Rabat Dee
Read moreChariot Oil & Gas unveils board changes
20th Dec 2012 08:07
Chariot Oil & Gas announced Thursday the resignation of Chief Executive Officer (CEO) Paul Welch along with a board shake-up. Welch will leave the Africa-focused oil and gas exploration company to pursue other business interests. "It has been a privilege to have been CEO of Chariot over the past t
Read moreTwo Chariot Oil licences extended in Namibia
31st Oct 2012 15:12
Chariot Oil & Gas has received approval from the Ministry of Mines and Energy in Namibia to enter the second renewal phase of two of its licences. Licence 14, which encompasses the company's Northern Blocks 1811 A & B, and Licence 15, which encompasses Southern Block 2714B offshore Namibia, have be
Read moreWednesday broker round-up - UDPATE
31st Oct 2012 09:09
AMEC: Seymour Pierce keeps buy rating and 1,250p target; Investec keeps buy rating and 1,300p target. Babcock: Panmure Gordon keeps hold rating and 940p target. Barclays: Nomura keeps reduce rating and 210p target. BP: Jefferies keeps hold rating and 450p target. Chariot Oil & Gas: Seymour Pierc
Read moreFriday broker round-up
26th Oct 2012 10:00
African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept. APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept. ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral
Read moreFriday broker round-up - UPDATE
19th Oct 2012 09:00
Aggreko: Jefferies keeps buy rating and 2,800p target; Seymour Pierce keeps buy rating and 2,500p target; Panmure Gordon cuts target from 2,228p to 2,159p, hold rating unchanged. Alliance Pharma: umps upgrades to buy, target lifted from 32p to 37p. Avacta: Panmure Gordon keeps buy rating and 1.75p
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