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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.
More News
15 Mar 2019 09:19

Bahamas Petroleum Raises USD2.5 Million in Share Placing (ALLISS)

LONDON (Alliance News) - Bahamas Petroleum Co PLC on Friday said it raised USD2.5 million in a share placing to assist the firm's operations until it secures a farm-in partner.The 120.0

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28 Feb 2019 13:30

Bahamas Petroleum Confirms Continued Talks For Farm-In Partners

LONDON (Alliance News) - Shares in Bahamas Petroleum Co PLC rose Thursday as it remains in talks with "a number" of possible farm-in partners.The stock was at 2.47 pence a share

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22 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: Dairy Crest In Demand As Saputo Swoops

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 250 - WINNERS----------Dairy up in

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22 Feb 2019 08:56

Bahamas Petroleum Exploration Licence Extended To End Of 2020

LONDON (Alliance News) - Bahamas Petroleum Co PLC shares spiked Friday as the oil and gas explorer has received notification from the government of the Bahamas its exploration period has been to a

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27 Sep 2018 14:30

Bahamas Petroleum Narrows Interim Loss On Reduced CEO Remuneration

LONDON (Alliance News) - Bahamas Petroleum Co PLC reported on Thursday a narrowed interim loss after a "substantial" change to the chief executive officer's remuneration the six the

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6 Sep 2018 16:00

UK Shareholder Meetings Calendar - Next 7 Days

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24 Aug 2018 10:39

WINNERS & LOSERS SUMMARY: Shire Rises As US FDA Approves Takhzyro Drug

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 2.6%. The Irish pharmaceutical company said a

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24 Aug 2018 09:15

Bahamas Petroleum Shares Drop 69% As Major Oil Company Ends Agreement

LONDON (Alliance News) - Oil and gas explorer Bahamas Petroleum Company PLC said Friday its exclusivity agreement with a major international oil company will terminate at the end of the in the 69%

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24 Aug 2018 08:41

Unnamed oil major ending exclusivity deal with Bahamas Petroleum

(Sharecast News) - Oil and gas exploration company Bahamas Petroleum told shareholders on Friday that it has received notice from the major international oil company that it entered into an exclusivity agreement with on 1 May that it would not further extend the exclusive nature of negotiations beyond 31 August.

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24 Aug 2018 08:38

LONDON MARKET OPEN: Stocks Mixed, Shire Rises After Drug Approval

LONDON (Alliance News) - Stock prices in London were mixed early Friday, as markets await US Federal Reserve Chair Jerome Powell's speech in Wyoming later in the day. In the large cap index rose

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6 Aug 2018 14:47

Bahamas Petroleum CEO package slashed in cost-cutting exercise

(Sharecast News) - Oil and gas exploration firm, Bahamas Petroleum Company, announced a number of permanent changes to the contract of its chief executive officer on Monday, which it said "significantly reduces" the basic salary, wrote off accrued cash payments, and ended the accrual of conditional share entitlements, while at the same time continuing to align management and shareholder interests.

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6 Aug 2018 12:11

Bahamas Petroleum Reduces CEO Pay As It Seeks Funding For Well

LONDON (Alliance News) - Bahamas Petroleum Co PLC said Monday it has amended its chief executive's contract terms, include a salary reduction, to reduce its cash costs.Bahamas said that

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26 Jul 2018 13:54

Bahamas Petroleum Extends Exclusivity Agreement For One Month

LONDON (Alliance News) - Bahamas Petroleum Company PLC on Thursday said an unnamed buyer intends to extend the confidentiality & exclusivity contract for a potential deal in the in May, the an

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20 Jul 2018 10:10

Bahamas Petroleum Issues 2.6 Million Shares After Warrants Exercise (ALLISS)

LONDON (Alliance News) - Bahamas Petroleum Co PLC on Friday said it issued 2.6 million shares following the exercise of share warrants granted in conjunction with a recent placing.Back in a

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13 Jun 2018 11:54

Bahamas Petroleum Narrows Loss As Higher Oil Prices Boosts Confidence

LONDON (Alliance News) - Bahamas Petroleum Co PLC said Wednesday its 2017 annual loss narrowed year-on-year as increased oil prices led to a "more buoyant commercial Petroleum shares were at

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