Tuesday broker round-up

9th Mar 2021 13:05

(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.

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Cairn Energy swings to FY operating loss in 2020

9th Mar 2021 08:45

(Sharecast News) - Exploration and development firm Cairn Energy said on Tuesday that it had swung to a full-year operating loss in 2020.

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Monday broker round-up

11th Jan 2021 12:47

(Sharecast News) - Weir: Credit Suisse downgrades to neutral with a target price of 2,150p.

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Barclays hikes target price for Cairn Energy after Indian arbitration award

11th Jan 2021 12:11

(Sharecast News) - Barclays reiterated its 'overweight' stance on shares of Cairn Energy after the oil explorer was awarded $1.2bn, plus interest and costs, by the Permanent Court of Arbitration in its long-running tax arbitration dispute with New Delhi.

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Cairn Energy wins tax dispute with Indian govt, shares surge

23rd Dec 2020 08:08

(Sharecast News) - Shares of Cairn Energy surged on Wednesday after the oil and gas exploration and development company won a long-standing tax dispute with the Indian government over backdated charges and said it will receive $1.2bn in damages, plus interest and costs.

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Cairn Energy to return $250m to shareholders following Senagal exit

17th Dec 2020 08:51

(Sharecast News) - Exploration and development group Cairn Energy will return $250.0m to shareholders as a result of the group selling off its Senegalese assets.

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Cairn Energy announces Nicoletta Giadrossi as new chair

27th Nov 2020 07:30

(Sharecast News) - Cairn Energy announced on Friday that non-executive director Nicoletta Giadrossi would be appointed chair of the company, with effect from 1 January.

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Cairn Energy swings to first-half loss as oil prices slide

29th Sep 2020 08:47

(Sharecast News) - Cairn Energy reported net oil production at the top-end of its full-year guidance for its first half on Tuesday, averaging 22,400 barrels of oil per day.

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International arbitration panel rules in favour of Vodafone in Indian tax case

25th Sep 2020 14:19

(Sharecast News) - An international arbitration tribunal in The Hague has handed down a sentence in favour of Vodafone in its $2bn tax claim dispute with New Delhi.

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Cairn Energy confirms sale of Senegal assets to Woodside

7th Sep 2020 07:46

(Sharecast News) - Cairn Energy on Monday confirmed that it had agreed to sell its entire stake in offshore oil blocks in Senegal to Woodside.

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Tuesday broker round-up

28th Jul 2020 13:53

(Sharecast News) - Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500.0p.

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Cairn Energy to pay special dividend after agreeing sale of Senegal assets

27th Jul 2020 08:04

(Sharecast News) - Cairn Energy said on Monday that it has agreed the sale of its Senegal assets to Lukoil for $400m in cas and announced plans for a special dividend.

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Cairn Energy provides update on Indian litigation

21st Jul 2020 10:18

(Sharecast News) - Exploration and development company Cairn Energy provided investors with an update on its proceedings against the Indian Government under the UK-India Bilateral Investment Treaty on Tuesday.

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Friday broker round-up

3rd Jul 2020 13:15

(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.

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Wednesday broker round-up

3rd Jun 2020 13:56

(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.

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