14th Oct 2016 15:19
(ShareCast News) - Shares in Booker are worth holding onto notwithstanding the high multiple on which they are trading, The Times's Tempus said. Since company boss Charles Wilson took the helm in 2005, the shares arrested a decline that saw them drop to less than 8p in 2007 to then recover to 185p a
Read more2nd Sep 2016 19:24
(ShareCast News) - Investors overreacted after the referendum vote, selling down shares of Vertu Motors over fears that Britons would be too afraid to continue splashing out on big-ticket items like cars, The Times´s Tempus said. Yet the automotive retailer´s latest update sought to allay those worr
Read more23rd Aug 2016 09:19
(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps
Read more19th Aug 2016 12:07
(ShareCast News) - GKN: Goldman Sachs reiterates neutral with a target price of 311p. Admiral group: Canaccord maintains hold with a 2100p target. Standard Chartered: UBS reiterates sell with a 600p target. Intertek: Berenberg reiterates hold with a 3600p target. Kaz Minerals: Credit Suisse keeps
Read more18th Aug 2016 08:39
(ShareCast News) - Premier Oil increased its full-year production guidance, adding that it had reduced its cost base over the first half of the year which was expected to lead to higher free cash flow generation. The oil and gas explorer now expected full-year 2016 production to reach between 68,000
Read more17th Aug 2016 12:31
(ShareCast News) - Premier Oil is expected to report strong production in its half year results on Thursday. In a trading update in July, the company said it had achieved production of 61,000 barrels of oil equivalent per day (boepd) in the six months to 30 June, with recent record rates above 80
Read more13th Jul 2016 15:55
(ShareCast News) - Markets had fallen in love with Asos again, as the company continued to execute the same strategy as Amazon.com before it, pursuing high-turnover and low margins at the same time, thus creating barriers to entry for competitors, the Financial Times's Lex column said. The trick lay
Read more12th Jul 2016 07:51
(ShareCast News) - Premier Oil said on Tuesday that it continues to expect full-year output to be at or above the upper end of its guidance of 65,000 to 70,000 barrels of oil per day on the back of strong production from its existing and new North Sea fields. The company said it was producing 61,000
Read more21st Jun 2016 16:30
(ShareCast News) - Analysts at Barclays re-jigged their recommendations on European Exploration and Production companies in order to take into account the recent rise in crude oil prices and improved investor sentiment regarding companies´ ability to execute to plan operationally. In the process the
Read more21st Jun 2016 14:46
(ShareCast News) - Analysts at Barclays re-jigged their recommendations on European Exploration and Production companies in order to take into account the recent rise in crude oil prices and improved investor sentiment regarding companies´ ability to execute to plan operationally. In the process
Read more24th May 2016 14:41
(ShareCast News) - Standard Chartered: Macquarie reiterates to outperform with a 440p target. Britvic: Goldman Sachs stays at buy with a 838p target. Premier Oil: JP Morgan keeps at neutral with a target price of 61p. RBS: Deutsche Bank reiterates hold with a target of 239p. BT: Macquarie reitera
Read more11th May 2016 12:37
(ShareCast News) - Premier Oil on Wednesday said it was on track to deliver "at or above" the upper end of its 2016 guidance. The group has forecast between 65,000 to 70,000 barrels of oil equivalent per day for the year. In a trading update for the period 1 January to 30 April, the company said it
Read more8th May 2016 15:45
(ShareCast News) - Low oil prices look set to drag on after Saudi Arabia's moderate oil minister Ali al-Naimi was ousted by the government. The replacement of Al-Niaimi, who was leading calls to help rebalance the struggling oil market, has scuppered hope that the world's major oil producing nations
Read more19th Apr 2016 14:01
(ShareCast News) - When capital and labour clash, the former is likely to come out on top, something which some UK oil explorers should note, the Financial Times's Lex column said. OPEC ministers meeting over the weekend in Doha failed to get a grip on their levels of production by agreeing to freez
Read more28th Feb 2016 17:29
(ShareCast News) - Sterling will fall to $1.28 by the end of 2016, its lowest level against the US dollar in three decades, currency strategists have cautioned. If Britain votes to leave the European Union the fall will be even worse, the Sunday Telegraph reported that Deutsche Bank analysts saw a f
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