Monday broker round-up
25th Mar 2019 08:26
(Sharecast News) - Wood Group: Jefferies downgrades to underperform with a target price of 480p.
Read moreSOCO says it won't bid for Ophir as it posts rise in 2018 profit
6th Mar 2019 10:02
(Sharecast News) - SOCO International said on Wednesday that it will not make an offer for Ophir Energy after its proposal in January was rejected.
Read moreWednesday broker round-up
10th Oct 2018 12:47
(Sharecast News) - RWS Holdings: Numis downgrades to add with a target price of 510p.
Read moreSoco International profits rise; to buy Egypt-focused Merlon
20th Sep 2018 10:34
(Sharecast News) - Soco International reported a rise in first-half profit and revenue on Thursday and said it has agreed to buy privately-owned Egypt-focused oil and gas company Merlon for around $215m.
Read moreSoco sees delay on Mongolia assets payment; production in line with guidance
16th Nov 2016 09:58
(ShareCast News) - Soco International said in a trading and operations update on Wednesday that payment from the buyer of its Mongolian assets had been delayed by at least 30 days. The oil and gas explorer has been advised by Daqing Oilfield Limited Company, the 2005 purchaser of its assets in Mong
Read moreSOCO production to be muted due to downtime
7th Nov 2016 08:44
(ShareCast News) - SOCO announced on Monday that its 2016 development drilling programme had commenced on the Te Giac Trang field of Block 16-1, offshore southern Vietnam. The London-listed company said the infill wells - TGT-27P and TGT-28P - will be 'batch drilled' with the first well spudded on 6
Read moreBarclays names Ophir Energy 'top-pick', upgrades Premier Oil
21st 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 moreJefferies downgradesTullow, upgrades Soco International
21st Mar 2016 08:22
(ShareCast News) - Jefferies downgraded Tullow Oil to 'underperform' from 'hold' with an unchanged price target of 166p. The bank said it was increasingly concerned over operational issues at the Jubilee field, which is a fundamental stock risk overriding opportunity from oil shows in a new Kenya ba
Read moreBroker tips: N Brown, ITV, Tullow Oil, Soco International
14th Oct 2015 17:21
(ShareCast News) - Investec on Wednesday retained its 'hold' rating on N Brown after the fashion and home shopping retailer reported a decline in half-year profits. The FTSE 250 group, whose shopping brands include plus-size focused Simply Be and Jacamo, lifted revenues 4.2% to £415.8m but saw opera
Read moreTullow Oil and Soco International slump on Macquarie downgrade
14th Oct 2015 10:14
(ShareCast News) - Shares in Tullow Oil and Soco International were under pressure after Macquarie downgraded both stocks to 'neutral' from 'outperform' on valuation grounds, as it took a look at the European exploration and production sector. Macquarie pointed out that crude oil price rose by $10 i
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreThursday broker round-up
8th Oct 2015 17:33
(ShareCast News) - Tullow Oil: JP Morgan Cazenove upgrades to overweight, cuts target price to 310.00p. Soco International: UBS downgrades to sell, keeps target price at 150.00p. Synthomer: Berenberg Bank starts new coverage with a buy, sets target price at 400.00p. Weir Group: Investec Securities
Read moreBroker tips: Soco International, M&S, UK industrials
8th Oct 2015 13:44
(ShareCast News) - Soco International was under pressure on Thursday after UBS downgraded the stock to 'sell' from 'neutral', keeping the price target at 150p. It said that with the stock having rallied strongly over recent days it is now trading at 1.24x commercial net asset value and on an implied
Read moreSoco International slides on UBS downgrade
8th Oct 2015 09:58
(ShareCast News) - Soco International was under pressure on Thursday after UBS downgraded the stock to 'sell' from 'neutral', keeping the price target at 150p. It said that with the stock having rallied strongly over recent days it is now trading at 1.24x commercial net asset value and on an implied
Read moreSOCO's H5 platform starts production ahead of schedule
13th Aug 2015 10:22
(ShareCast News) - Oil and gas group SOCO International has started production at the H5 wellhead platform at the Te Giac Trang field in Vietnam. The London-listed company said production on the platform, the third located on the Te Giac Trang site, began a month ahead of schedule and described it a
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