Tuesday broker round-up UPDATE
7th May 2013 07:18
Admiral Group: JP Morgan reduces target price from 1246p to 1108p downgrading to underweight. Afren: Deutsche Bank lowers target price from 165p to 150p, while leaving its buy recommendation unchanged. Investec ups target price from 138p to 160p and upgrades from hold to buy. Betfair Group: Numis
Read moreTuesday broker round-up UPDATE
9th Apr 2013 08:10
African Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco
Read moreFaroe Petroleum shares drop as it abandons well in Norway
8th Apr 2013 13:17
Faroe Petroleum's shares fell Monday after the oil and gas company said it failed to encounter hydrocarbons at its Darwin exploration well in Barents Sea, Norway. The well, which was the first to be drilled in the Norwegian Barents Sea licence, was declared dry after it recorded no hydrocarbons in
Read moreMonday broker round-up UPDATE
8th Apr 2013 07:21
Aberdeen Asset Management: Jefferies takes target price from 400p to 420p maintaining a hold recommendation. Admiral Group: Credit Suisse increases target price from 1320p to 1351p keeping a neutral rating. Antofagasta: Investec moves target price from 958p to 934p keeping a sell recommendation.
Read moreFaroe Petroleum's North Uist well falls short of expectations
5th Apr 2013 08:05
Faroe Petroleum's Chief Executive Graham Stewart said on Friday he had hoped for a 'better quality reservoir' at the North Uist exploration well as it was plugged and abandoned. The company discovered gas condensate at the well, located west of Shetland, after reaching a total vertical depth of 4,7
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreFull-year revenue almost doubles at Faroe Petroleum
26th Mar 2013 09:39
Revenue almost doubled in the year ended December 31st at AIM-listed independent oil and gas exploration company Faroe Petroleum underpinned by the effects of acquisitions made in the previous year. The value of revenue rose to £158.8m, up 97.9% from £80.2m one year earlier. The group said that t
Read moreFriday broker round-up UPDATE
22nd Mar 2013 08:48
Afren: Nomura shifts target price from 175p to 180p keeping a neutral rating. ASOS: Nomura increases target price from 2000p to 2630p, while reiterating a neutral rating. Betfair: Panmure Gordon takes target price from 761p to 813p and leaves its buy recommendation unchanged. Brewin Dolphin Holdi
Read moreThursday broker round-up UPDATE
14th Mar 2013 07:11
Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta: Citigroup shifts target price from 990p to 1000p, but retains its sell recommendation. Ashtead Group: Investec raises target price from 475p to 700
Read moreMonday broker round-up UPDATE
4th Mar 2013 07:12
Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.
Read moreFaroe Petroleum shares rise on acquisitions in Norway and UK
28th Feb 2013 11:53
Oil and gas company Faroe Petroleum has acquired new interests in prospects in the Norwegian Sea and UK Central North Sea. The group said it purchased a 25% stake in the Pil project in Norway and a 50% holding in the Lowlander discovery in the North Sea. The Pil exploration well is scheduled to be
Read moreFaroe Petroleum commences production at Statoil-operated Hyme oil field
26th Feb 2013 09:23
Independent oil and gas company Faroe Petroleum has commenced production on the Statoil-operated Hyme oil field in the southern part of the Norwegian Sea. The field ties back to the Njord A platform, which is located 19 kilometres away, in which Faroe also holds a 7.5% interest. The Hyme field
Read moreFaroe Petroleum: Gas condensate confirmed at Rodriguez well
31st Jan 2013 11:12
Independent oil and gas company Faroe Petroleum has confirmed a significant gas condensate discovery at its Rodriguez exploration well, an operational update issued by the compan on Thursday has revealed. The AIM-listed mining company said moveable hydrocarbons had been discovered in the sandstone
Read moreThursday broker round-up UPDATE
31st Jan 2013 07:07
Aberdeen Asset Management: Bank of America ups target price from 400p to 425p maintaining a neutral rating. Afren: JP Morgan lowers target price from 210p to 195p and downgrades to neutral. Amino Technologies: Northland Capital raises target price from 85p to 90p keeping a buy recommendation. Ant
Read moreWednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
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