Sector movers: GKN boosts auto stocks, BP weighs on oil
29th Jul 2014 14:01
A surge in the price of GKN gave the auto sector a boost on Tuesday, while cautious comments from BP weighed on oil and gas stocks. GKN's shares were up over 9% in afternoon trade after the aerospace and automotive engineer said that strength in its car parts Driveline division helped to offset the
Read moreTuesday broker round-up UPDATE
22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read moreWednesday broker round-up UPDATE
16th Jul 2014 09:00
Alent: Liberum Capital initiates with a target price of 400p and a buy recommendation. APR Energy: Citi reduces target price from 1350p to 650p and downgrades to neutral. ARM Holdings: FinnCap upgrades from hold to buy with a target price of 1000p. Ashmore Group: Numis ups target price from 350p
Read moreFaroe Petroleum's Pil find may be its biggest yet, Oriel Securities says
19th Jun 2014 16:47
Oriel Securities is advising investors to buy shares in Faroe Petroleum, saying the Norwegian oil explorer's Pil discovery could be its biggest yet. Oriel said Pil, which Faroe found this year in the Norwegian Sea, had the potential to be at least as large, if not bigger, than its Maria find in 201
Read moreThursday broker round-up UPDATE
19th Jun 2014 08:56
BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:
Read moreWednesday broker round-up UPDATE
18th Jun 2014 09:03
Ashtead Group: Barclays ups target price from 930p to 946p retaining its overweight rating. Berkeley Group: Numis upgrades from hold to buy with a target price of 2491p. Brown (N) Group: Oriel places its buy recommendation under review. BT Group: Jefferies ups target price from 440p to 470p and k
Read moreWednesday broker round-up UPDATE
28th May 2014 09:57
Accesso Technology Group: Numis initiates with a target price of 690p and a buy recommendation. Alternative Networks: Westhouse Securities upgrades from add to buy with a target price of 540p. Astra Zeneca: Deutsche Bank raises target price from 3800p to 3950p and keeps a hold recommendation. AVE
Read moreFaroe Petroleum says drilling shows Pil has 'prolific reservoir'
27th May 2014 10:28
Further drilling by AIM-listed oil explorer Faroe Petroleum at its Pil discovery in the Norwegian Sea has proved further resource potential at what is already a sizeable discovery. A side-track appraisal well show oil in reservoir sands with a very high net to gross ratio, with preliminary data in
Read moreTuesday broker round-up UPDATE
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
Read moreMonday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read moreTullow to sell stake in Schooner and Ketch assets to Faroe Petroleum
30th Apr 2014 08:16
Tullow Oil on Wednesday announced an agreement to sell stakes in two North sea oil fields. Tullow has agreed to farm down 53.1% of its Schooner unit interest and 60% of its Ketch asset in the UK southern North Sea gas basin to Faroe Petroleum. The sales are being made for a total consideration of
Read moreWednesday broker round-up UPDATE
16th Apr 2014 08:44
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
Read moreNumis highlights top picks in oil sector
14th Apr 2014 10:48
Numis Securities has labelled its top picks in the oil sector in the aftermath of the recent Oil Market Report by the International Energy Agency (IEA). The broker's top picks include SOCO International, Genel Energy, Premier Oil, Faroe Petroleum and Borders and Southern. These are "stocks that we
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreThursday broker round-up UPDATE
10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
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