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Tuesday broker round-up UPDATE

Tue, 18th Mar 2014 08:58

Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged.Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recommendation.ASOS: Panmure Gordon raises target price from 6051p to 6126p and leaves its hold recommendation unaltered.BAE Systems: RBC Capital ups target price from 450p to 490p and upgrades to outperform.Berkeley Group: Numis raises target price to 3000p and upgrades from hold to add.Bioquell: Investec lowers target price from 147p to 133p and stays with its hold recommendation.Bunzl: JP Morgan shifts target price from 1516p to 1520p and reiterates a neutral rating.Capital Drilling: Liberum Capital moves target price from 35p to 40p and stays with its buy recommendation.Close Brothers Group: JP Morgan increases target price from 1480p to 1512p and stays with its overweight rating.CSR: UBS raises target price from 580p to 750p, while its neutral rating remains unchanged.Exillon Energy: Investec places both its target price (prev.: 270p) and its buy recommendation under review.Glencore Xstrata: RBC Capital ups target price from 350p to 375p and leaves its outperform rating unchanged.Great Portland Group: UBS raises target price from 670p to 705p leaving its buy recommendation unaltered.Gulf Keystone Petroleum: Cantor Fitzgerald cuts target price from 183p to 154p and maintains a buy recommendation.Hikma Pharmaceuticals: Bank of America raises target price from 1600p to 1750p staying with its neutral rating.IG Group: Canaccord Genuity takes target price from 666p to 711p and retains a buy recommendation.Japan Residential Investment: Liberum Capital lowers target price from 74p to 68p and leaves its buy recommendation unchanged.Mears Group: Investec increases target price from 495p to 520p and retains an add rating.Mecom: Numis shifts target price from 150p to 155p and keeps a buy recommendation. Canaccord Genuity shifts target price from 150p to 158p maintaining a buy recommendation.Pearson: Numis reduces target price from 1189p to 1048p and leaves its hold recommendation unaltered.Pittards: WH Ireland ups target price from 230p to 270p and keeps a buy recommendation.Premier Foods: UBS takes target price from 65p to 115p, but still recommends selling.Redefine International: Deutsche Bank moves target price from 38.3p to 51p, but downgrades to hold.Royal Bank of Scotland: RBC Capital reduces target price from 310p to 250p and keeps its underperform rating.RSA Insurance: Berenberg cuts target price from 112p to 92.6p retaining its hold recommendation.Sainsbury: JP Morgan reduces target price from 340p to 280p and stays with its underweight rating. Panmure Gordon cuts target price from 400p to 320p retaining its hold recommendation.Schroders: Credit Suisse raises target price from 2810p to 2900p reiterating its neutral rating.SDL: Panmure Gordon moves target price from 410p to 421p maintaining a buy recommendation. Canaccord Genuity increases target price from 266p to 325p retaining a hold recommendation.Shore Capital: RBC Capital raises target price from 300p to 450p and maintains its outperform rating.SIG: Deutsche Bank shifts target price from 182p to 190p reiterating its hold recommendation.Spirax-Sarco Engineering: Investec reduces target price from 3425p to 3210p, while keeping its buy recommendation.TUI Travel: Barclays ups target price from 445p to 500p reiterating an overweight rating.UNITE: Jefferies raises target price from 465p to 497p and retains a buy recommendation.
More News
28 May 2014 13:39

Exillon Energy Promotes Deputy To CEO

LONDON (Alliance News) - Exillon Energy PLC Wednesday said it has promoted Alexander Suchkov to the position of Chief Executive, after the resignation of its Executive Director. In a statement, the oil producer with assets in Timan-Pechora and West Siberia, said it promoted the Deputy Chief

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16 May 2014 11:59

Exillon Energy Says Production Rates Recovered In April

LONDON (Alliance News) - Exillon Energy PLC Friday said its production levels have recovered for April after oil pipeline repair works and maintenance works during March. The oil producer with assets in Russia said its average daily production in April was 18,211 barrels per day in April, a

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16 May 2014 07:38

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday.

Intertek leads the FTSE 100 fallers,

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30 Apr 2014 14:52

Exillon Energy Average March Production Hit By Repairs, Suspension

LONDON (Alliance News) - Exillon Energy PLC Wednesday posted a decline in average production in March, hit by oil pipeline repair works undertaken by Transneft OAO and the temporary suspension of operations by certain oil refineries. The oil producer with assets in Russia posted an average

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24 Mar 2014 15:37

Exillon Confirms Appointment Of RusOil Executive As Director

LONDON (Alliance News) - Exillon Energy PLC Monday confirmed that Pavel Chernienko, deputy chief executive of RusOil Group, has been appointed as an executive director, following the resignation of five members of its board after management told them that they had lost operational control of the

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21 Mar 2014 13:29

Most Of Exillon Energy Board Resigns As Rusoil Effectively Takes Control

LONDON (Alliance News) - Exillon Energy PLC Friday said five members of its board will resign after management told them that they'd lost operational control of the company to Rusoil Group. The Russian oil producer said Chairman David Herbert, Chief Executive Officer Mark Martin, Senior Ind

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18 Mar 2014 12:09

Exillon Energy Profit Doubles On Production Boost; Eyes Moscow Listing

LONDON (Alliance News) - Exillon Energy PLC Tuesday said its pretax profit more than doubled in its full year as production jumped during the period. The Russian oil producer said its pretax profit increased to USD38.9 million from USD17.5 million the previous year as revenues increased 6.5

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18 Mar 2014 08:27

UK MORNING BRIEFING: ASOS Shares Drop 20% On Sales Update

LONDON (Alliance News) - Shares have opened lower Tuesday amid continued concern about Ukraine and some negative statements from UK companies.

AIM is suffering the most, as its largest stock ASOS is down 20% despite reporting total retail sales rose by 26% in the tw

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21 Jan 2014 11:20

Exillon names two directors in bid to strengthen financial oversight

Exillon Energy, the Russia-focused oil producer, announced the appointment of two new directors and that it has begun the hunt for a Chief Financial Officer (CFO) in a bid to strengthen its internal financial oversight functions. Alexander Suchkov was chosen as both an executive director and as de

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21 Jan 2014 10:28

Exillon Energy Appoints Deputy Chief Executive Officer, Searches For CFO

LONDON (Alliance News) - Oil producer Exillon Energy PLC said Tuesday that its has appointed Alexander Suchkov as an executive director and deputy chief executive officer of the company. The group also said that it intends to appoint a chief financial officer, and is currently search for a

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17 Jan 2014 17:08

DIRECTOR DEALINGS: Exillon Chief Operating Officer Sells Shares

LONDON (Alliance News) - Exillon Energy PLC Friday said its Chief Operating Officer, Yuri Ovcharov sold 79,870 shares in the company at a price of 161.5 pence per share. Exillon Energy shares were down 0.6% at 159 pence Friday. By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1Read more

5 Dec 2013 15:08

Profit taking hits Exillon despite mooted oligarch bid battle

Shares in Exillon Energy fell on Thursday, having jumped sharply since the start of the week on news of two possible bids from Russian oligarchs. The FTSE 250-listed oil explorer, which is owned by Kazakh founder Maksat Arip, said late on Wednesday that it had ended its formal sale process but wou

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25 Nov 2013 11:56

Founder Of Exillon Decides Not To Make An Offer For The Company

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20 Nov 2013 10:35

Exillon Energy Board Unaware Of 14.9% Acquisition By Russian Tycoon

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