Tuesday broker round-up
3rd May 2016 15:50
(ShareCast News) - Tullow Oil: Goldman Sachs upgrades to buy with a 274,30p target. RSA Insurance: Barclays upgrades to overweight with a 545p target. RBS: UBS reiterates neutral with a target price of 250p Barclays reiterates equal-weight with a target of 270p and Goldman Sachs stays at buy with 3
Read moreTullow Oil gushes lower as Macquarie and Goldman downgrade
3rd May 2016 11:43
(ShareCast News) - Tullow Oil gushed lower on Tuesday as Macquarie, Goldman Sachs and Numis all had their say on the stock. Goldman Sachs downgraded Tullow to 'neutral' from 'buy' and cut the price target to 274.30p from 305p on the back of the recently announced need for two pipelines in East Afric
Read moreFTSE 250 movers: Restaurant Group sinks as revenues lift Rotork
29th Apr 2016 14:51
(ShareCast News) - The FTSE 250 was down in afternoon trading on Friday, as investors picked their way through a raft of corporate earnings and as data showed the eurozone fell further into deflation in April. Valve maker Rotork was among the index leaders in afternoon trading, after it reported a 0
Read moreFTSE 250 movers: Tullow and Weir limit losses
28th Apr 2016 14:50
(ShareCast News) - The FTSE 250 pared earlier losses by Thursday afternoon, as a strong showing from Tullow Oil, Weir and other resources-related groups overcame the effect of ex-dividend day. Stocks going ex-divi on the day included Cobham, Elementis, Tullett Prebon and William Hill. Cobham was a
Read moreBroker tips: Stagecoach, Next, Tullow Oil
28th Apr 2016 12:35
(ShareCast News) - Investec upgraded Stagecoach to 'reduce' from 'sell' saying that while the outlook for the company remains negative in many areas, much of this is already priced into the shares. The brokerage said it has adjusted its sum-of-the-parts valuation, removing Megabus Europe losses from
Read moreTullow cuts full-year capex; sees further savings
28th Apr 2016 08:10
(ShareCast News) - Africa-focused oil miner Tullow said first quarter production was slightly below expectations due to technical issues at the Jubilee field off Ghana, but said 2016 capital expenditure would be cut by $100m to $1bn "with further savings expected". The FTSE 250 company also secured
Read moreTuesday newspaper share tips: Premier Oil, Tullow Oil, Hurricane Energy
19th 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 moreTuesday broker round-up
12th Apr 2016 19:38
(ShareCast News) - Vesuvius: Jefferies downgrades to sell with a target price of 255p. Ashtead: HSBC downgrades to hold with a target price of 970p. Cairn Energy: Canaccord reiterates hold with a target price of 215p. Just Eat: JP Morgan keeps at outperform with a target of 775p. Vedanta: Jefferi
Read moreTullow Oil confirms damage at Ghana field
8th Apr 2016 07:41
(ShareCast News) - Tullow Oil said there has been damage to the turret bearing on a floating production storage and offloading (FPSO) unit at its Jubilee field in Ghana, but the company does not expect this to have any significant impact on revenue. The FTSE 250 group said oil production and gas exp
Read moreTullow Oil announces successful well appraisal in Barents Sea
6th Apr 2016 09:12
(ShareCast News) - Tullow Oil said on Wednesday that it has successfully explored and appraised the Wisting South & Wisting West appraisal well in the Barents Sea, offshore Norway. Results of drilling, wireline logs and samples of reservoir fluids show the well encountered an oil column of 22 metres
Read moreBroker tips: ARM, Tate & Lyle, Inchcape
1st Apr 2016 15:46
(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis
Read moreNumis adds Virgin Money, Derwent and Northgate to 'top picks' list
1st Apr 2016 15:34
(ShareCast News) - Numis sell-side analysts provided a list of their top picks among large and small cap stocks across the market, including ARM Holdings, Virgin Money, Derwent London, Tullow Oil, Northgate and Vectura. After another strong set of quarterly results, ARM remains the top pick as Numis
Read moreMonday broker round-up
21st Mar 2016 18:26
(ShareCast News) - Gulf Keystone: Canaccord downgrades to sell with a target price of 14p. B&M European: UBS reiterates buy, 350p target. Ascential: Goldman Sachs reiterates buy with a target price of 278p and Exane BNP Paribas stays at neutral with a target price of 250p. Premaitha Health: Panmur
Read moreBroker tips: Tullow Oil, Sainsbury's, Shire
21st Mar 2016 12:34
(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 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 more