Wednesday broker round-up
3rd Feb 2021 13:05
(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.
Read moreCanaccord Genuity downgrades Tullow oil to 'sell'
3rd Feb 2021 10:40
(Sharecast News) - Analysts at Canaccord Genuity have lowered their target price on exploration and production outfit Tullow Oil from 33.0p to 20.0p and dropped their rating on the stock from 'hold' to 'sell'.
Read moreThursday broker round-up
3rd Dec 2020 13:23
(Sharecast News) - Kenmare Resources: Berenberg reiterates buy with a target price of 390p.
Read moreTullow looks to unlock West Africa potential
25th Nov 2020 10:50
(Sharecast News) - Tullow Oil plans to extract $7bn in operating cashflow from of its West Africa assets over the next decade as its refocuses on production.
Read moreRussia to discuss three-month delay to tapering oil output curbs
2nd Nov 2020 14:17
(Sharecast News) - Crude oil futures rallied from their intraday lows after reports that Russia was considering postponing plans to taper the oil output curbs now in place by three months.
Read moreTullow Oil surges as Uganda govt approves $575m asset sale to Total
21st Oct 2020 10:51
(Sharecast News) - Tullow Oil shares surged on Wednesday after the government of Uganda and the country's revenue authority approved the $575m sale of its assets there to Total.
Read moreOil output from US Gulf and Libya's El Sharara recovering
12th Oct 2020 14:04
(Sharecast News) - Crude oil futures slipped lower at the start of the week as production restarted in the US Gulf of Mexico after Hurricane Delta left the region and amid reports that output from Libya was coming back online more quickly than anticipated.
Read moreSector movers: Big Oil and Mobile Telecommunications pace gains
5th Oct 2020 17:09
(Sharecast News) - Cyclicals topped the leaderboard at the start of the week with stocks from the oil patch lending their still considerable heft to the broader advance in financial markets, helped by M&A news around Weir Group and Vodafone.
Read moreIEA cuts forecast for global oil demand growth in backhalf 2020
15th Sep 2020 12:38
(Sharecast News) - The International Energy Agency took an axe to its forecasts for global oil demand growth in the backhalf of 2020, even as it warned that the world's thirst for oil had, at 91.7m barrels a day, only recovered to its levels from 2013 due to the pandemic.
Read moreMonday broker round-up
14th Sep 2020 13:49
(Sharecast News) - Redcentric: Canaccord initiates buy with a target price of 195.0p.
Read moreHammerson is most shorted UK company, alongside Metro Bank and Sainsbury's
9th Sep 2020 14:19
(Sharecast News) - Hammerson is the most shorted UK listed company as investors bet against the beleaguered shopping centre operator, research shows.
Read moreTullow Oil swings to first-half loss
9th Sep 2020 08:07
(Sharecast News) - Tullow Oil said on Wednesday that it swung to a loss in the first half as it took a hit from low oil prices, impairments and write-offs.
Read moreThursday broker round-up
30th Jul 2020 14:16
(Sharecast News) - Tullow Oil: Berenberg downgrades to hold with a target price of 40.0p.
Read moreTullow Oil narrows full-year output guidance, lowers long-term oil price forecast
29th Jul 2020 08:40
(Sharecast News) - Tullow Oil reported that output was in-line with expectations during the first half of the year, but "narrowed" its guidance for full-year output and lowered its forecasts for oil prices both in the near-term and when looking further out.
Read moreFriday broker round-up
24th Apr 2020 13:45
(Sharecast News) - Beazley: Jefferies upgrades to buy with a target price of 575p.
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