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AFR.L News

Afren expands presence in Nigeria through FHN stake
5 Jul 2013

Afren expands presence in Nigeria through FHN stake

Oil and gas group Afren has acquired a further interest in First Hydrocarbon Nigeria (FHN), increasing its share in a compelling portfolio of assets o...

London close: Footsie´s bounce extended for a second day
26 Jun 2013

London close: Footsie´s bounce extended for a second day

Stocks closed higher for a second day as China moved to provide liquidity assistance to its battered interbank lending maket and a member of the US Fe...

FTSE 250 movers: Afren, Kazakhmys, ICAP, Hochschild Mining
26 Jun 2013

FTSE 250 movers: Afren, Kazakhmys, ICAP, Hochschild Mining

Afren's shares surged as the UK oil explorer said it discovered a better-than-expected oil section at an exploration well offshore Nigeria. The Ogo-1 ...

London midday: FTSE 100 up one per cent as sentiment improves
26 Jun 2013

London midday: FTSE 100 up one per cent as sentiment improves

Strong US data out yesterday, improving consumer confidence in Germany and measures by the Chinese central bank to ease a credit squeeze, all combined...

Broker tips: Diageo, Afren, Chemicals stocks
26 Jun 2013

Broker tips: Diageo, Afren, Chemicals stocks

Nomura has trimmed its target price for beverages group Diageo from 2,400p to 2,250p ahead of its results next month, but has kept its 'buy' rating fo...

Afren jumps on Ogo-1 potential after oil discovery offshore Nigeria
26 Jun 2013

Afren jumps on Ogo-1 potential after oil discovery offshore Nigeria

Africa-focused oil and gas group Afren saw shares surge on Wednesday after the firm encountered a better-than-expected oil section at an exploration w...

Broker snap: Canaccord ups Afren target after oil discovery in Nigeria
26 Jun 2013

Broker snap: Canaccord ups Afren target after oil discovery in Nigeria

Canaccord Genuity has lifted its target price for oil and gas group Afren and maintained a 'buy' recommendation after the company reported a successfu...

Wednesday broker round-up UPDATE
26 Jun 2013

Wednesday broker round-up UPDATE

ACM Shipping Group: Espirito Santo increases target price from 150p to 185p keeping a buy recommendation. Afren: Canaccord Genuity moves target price...