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Tuesday broker round-up UPDATE

Tue, 04th Jun 2013 07:25

Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation.Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation.Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating.Bahamas Petroleum: Goldman Sachs ups target price from 14.40p to 16p retaining a buy recommendation.Balfour Beatty: HSBC Holdings cuts target price from 285p to 260p, while staying with its neutral rating.Bankers Petroleum: Goldman Sachs ups target price from 348p to 390p, while downgrading from neutral to buy.BHP Billiton: Deutsche Bank takes target price from 2316p to 2372p and reiterates its buy recommendation.Borders & Southern Petroleum: Goldman Sachs shifts target price from 41p to 47p and retains a buy recommendation.BowLeven: Goldman Sachs ups target price from 157p to 163p and leaves its buy recommendation unaltered.British Land: Espirito Santo moves target price from 603p to 627p, while maintaining a neutral rating.Cairn Energy: Goldman Sachs shifts target price from 382p to 390p and reiterates its neutral rating.Chariot Oil & Gas: Goldman Sachs lowers target price from 45p to 43p keeping a neutral rating.Coastal Energy: Goldman Sachs increases target price from 1759p to 1843p upgrading from neutral to buy.Dairy Crest: Credit Suisse raises target price from 375p to 465p, while downgrading from neutral to underperform.De La Rue: Numis takes target price from 1009p to 1070p upgrading to add.Derwent London: Espirito Santo ups target price from 2422p to 2455p keeping a neutral rating.Dragon Oil: Goldman Sachs increases target price from 855p to 918p and retains a neutral rating.EnQuest: Goldman Sachs shifts target price from 186p to 187p keeping a neutral rating.Eurasian Natural Recources: UBS reduces target price from 320p to 285p, staying with its buy recommendation.Falkland Oil & Gas: Goldman Sachs cuts target price from 53p to 44p, while leaving its neutral rating unaltered.F&C Asset Management: Societe Generale moves target price from 107p to 115p upgrading to buy.Genel Energy: Goldman Sachs increases target price from 1212p to 1417p, while leaving its neutral rating unaltered.GKN: UBS takes target price from 275p to 350p and retains a buy recommendation.Great Eastern Energy: Goldman Sachs ups target price from 707p to 798p and reiterates a buy recommendation.Great Portland Group: Espirito Santo raises target price from 507p to 603p and upgrades to buy.Green Dragon Gas: Goldman Sachs cuts target price from 673p to 604p, while keeping its buy recommendation.Gulf Keystone Petroleum: Goldman Sachs reduces target price from 292p to 258p, while upgrading from neutral to buy.Hammerson: Espirito Santo moves target price from 533p to 545p and stays with its neutral rating.Heritage Oil: Goldman Sachs cuts target price from 341p to 333p, while upgrading from neutral to buy.HSBC Holdings: Goldman Sachs moves target price from 940p to 950p reiterating its buy recommendation.ICAP: JP Morgan lowers target price from 355p to 344p, while retaining a neutral rating.IGas Energy: Goldman Sachs increases target price from 146p to 202p and upgrades from neutral to buy.IG Group: Investec takes target price from 560p to 700p staying with its buy recommendation.Intu Properties: Espirito Santo shifts target price from 295p to 298p and leaves its sell recommendation unaltered.ITE Group: Goldman Sachs ups target price from 365p to 380p, but downgrades from a strong buy recommendation to buy.Land Securities: Espirito Santo raises target price from 800p to 933p, while its neutral rating remains unchanged.London Stock Exchange Group: JP Morgan ups target price from 1233p to 1244p keeping an underweight rating.MITIE Group: HSBC Holdings reduces target price from 280p to 260p and leaves its neutral rating unchanged.Northern Petroleum: Goldman Sachs shifts target price from 110p to 117p and retains a strong buy rating.Ophir Energy: Goldman Sachs cuts target price from 744p to 631p, while staying with its buy recommendation.Pennon Group: Societe Generale ups target price from 682p to 695p reiterating a hold recommendation.Phoenix IT Group: N+1 Singer moves target price from 145p to 150p and upgrades to hold.Premier Oil: Goldman Sachs cuts target price from 579p to 567p maintaining a buy recommendation.Record: JP Morgan shifts target price from 44p to 45p and keeps an overweight rating.Rockhopper Exploration: Goldman Sachs raises target price from 444p to 466p and stays with its buy recommendation.Salamander Energy: Goldman Sachs shifts target price from 391p to 397p staying with a strong buy recommendation.Segro: Espirito Santo takes target price from 250p to 290p and retains a neutral rating.Sepura: Liberum Capital moves target price from 115p to 130p leaving its buy recommendation unchanged. Investec ups target price from 115p to 130p and keeps a buy recommendation.Serco Group: HSBC Holdings downgrades to underweight with a target price of 590p.Serica Energy: Goldman Sachs shifts target price from 53p to 58p and maintains a strong buy recommendation.Shaftesbury: Espirito Santo increases target price from 561p to 614p maintaining its neutral rating.Smiths Group: Citi raises target price from 1020p to 1270p, but still recommends selling. HSBC Holdings increases target price from 1400p to 1550p reiterating an overweight rating.SOCO International: Goldman Sachs reduces target price from 539p to 461p and keeps a neutral rating.Spirax-Sarco Engineering: Investec raises target price from 2600p to 2800p maintaining a hold recommendation.Sula Iron and Gold: Northland Capital initiates with a target price of 6.70p and a buy recommendation.Tower Resources: Goldman Sachs lowers target price from 7.30p to 6.20p, while keeping its buy recommendation.United Utilities: Societe Generale cuts target price from 796p to 773p and downgrades to hold.WYG: N+1 Singer shifts target price from 85p to 90p keeping a buy recommendation.
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16 Oct 2019 12:03

Bahamas Petroleum Non-Executive Shallcross Dies After Illness

Bahamas Petroleum Non-Executive Shallcross Dies After Illness

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10 Oct 2019 10:05

Bahamas Petroleum Raises Funds To Meet Exploration Well Drilling Costs

Bahamas Petroleum Raises Funds To Meet Exploration Well Drilling Costs

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3 Oct 2019 11:07

Bahamas Petroleum mulling funding options as share price languishes

(Sharecast News) - Oil and gas exploration company Bahamas Petroleum noted the latest movements in its share price on Thursday, and continued speculation pertaining to an imminent potential fundraising transaction by way of an equity placing to institutional investors.

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3 Oct 2019 10:46

Bahamas Petroleum Confirms No Intention For Placing Despite Share Rise

Bahamas Petroleum Confirms No Intention For Placing Despite Share Rise

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27 Sep 2019 11:44

Bahamas Petroleum Achieves Key Milestones But Interim Loss Widens

Bahamas Petroleum Achieves Key Milestones But Interim Loss Widens

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27 Sep 2019 09:18

Bahamas Petroleum Company reduces some expenses as development progresses

(Sharecast News) - Pre-revenue oil and gas explorer Bahamas Petroleum Company reported a 12% decrease in 'other expenses' in its half-year results on Friday, compared to the prior six month period, due to its cost control programme despite "significant activity".

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3 Sep 2019 12:33

Bahamas Petroleum Licence Testing Finds "World-Class" Petroleum System

(Alliance News) - Bahamas Petroleum Company PLC on Tuesday said it has conducted a number of studies on its licences offshore in the Bahamas which suggest "a world-class source rock and in up

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21 Aug 2019 12:00

Bahamas Petroleum on track for first well in 2020

(Sharecast News) - Oil and gas explorer Bahamas Petroleum Company has entered into a series of agreements as part of a coordinated approach toward drilling its first exploration well in the Bahamas in 2020, it announced on Wednesday.

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21 Aug 2019 10:32

WINNERS & LOSERS SUMMARY: Brady Shares Drop After Warning On Revenue

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - Holdings, up 2.2%. Sky News reported the jet is a

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21 Aug 2019 09:52

Bahamas Petroleum Initial Well To Cost Less Than Half Prior Estimate

(Alliance News) - Bahamas Petroleum Co PLC on Wednesday said it is on track to drill its initial exploration well in the first half of 2020 at a much lower estimated cost than in Bahamas Petroleum

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25 Apr 2019 14:00

Bahamas Petroleum 2018 Loss Narrows, To Focus On Exploration Licences

LONDON (Alliance News) - Caribbean-focused oil explorer Bahamas Petroleum Co PLC reported a narrowed annual loss on Thursday as the company continues to progress its exploration licences in the a

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28 Mar 2019 15:26

Bahamas Petroleum Company convinces Simon Peter to stay another year

(Sharecast News) - Oil and gas exploration group Bahamas Petroleum Company announced on Thursday that its chief executive officer Simon Potter had agreed to an extension to his current employment contract, which was due to expire on 31 March.

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28 Mar 2019 14:19

Bahamas Petroleum Chief Executive Agrees To Stay For Extra Year

LONDON (Alliance News) - Bahamas Petroleum Co PLC on Thursday said Chief Executive Simon Potter has agreed a one-year extension to his contract, which was due to expire at the end of the are a for

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15 Mar 2019 10:50

WINNERS & LOSERS SUMMARY: Wetherspoon Settles, Restaurant Group Soars

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Berkeley up

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15 Mar 2019 10:20

Bahamas Petroleum raises $2.5m to finance wells

(Sharecast News) - Oil and gas exploration outfit Bahamas Petroleum has raised $2.54m before expenses by virtue of a firm placing of 120m new ordinary shares at a price of 1.6p each.

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