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Pin to quick picksGlobal Petroleum Share News (GBP)

Share Price Information for Global Petroleum (GBP)

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Share Price: 0.0825
Bid: 0.08
Ask: 0.085
Change: 0.00 (0.00%)
Spread: 0.005 (6.25%)
Open: 0.0825
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Thursday broker round-up

Thu, 07th Nov 2013 12:42

Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy.African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged.Alent: Deutsche Bank lowers target price from 350p to 320p retaining a hold recommendation. Credit Suisse cuts target price from 430p to 410p and keeps an outperform rating.Amara Mining: Canaccord Genuity lowers target price from 30p to 25p, while maintaining its buy recommendation.APR Energy: Credit Suisse ups target price from 1300p to 1350p and reiterates an outperform rating.ASOS: Societe Generale raises target price from 6000p to 6400p, while its hold recommendation remains unchanged.Barclays: Credit Suisse moves target price from 280p to 270p maintaining a neutral rating.British American Tabacco: Barclays ups target price from 3950p to 4000p and stays with its overweight rating.Centamin: Investec shifts target price from 50p to 54p staying with its buy recommendation.China Chaintek: Daniel Stewart initiates with a target price of 300p and a buy recommendation.Clarkson: Panmure Gordon raises target price from 2000p to 2500p and keeps a buy recommendation.Croda International: Nomura reduces target price from 2800p to 2700p keeping a neutral rating. Canaccord Genuity moves target price from 2000p to 2030p, while still keeping a sell recommendation.CSR: Deutsche Bank ups target price from 330p to 350p, but still recommends selling.Dairy Crest: Investec takes target price from 500p to 530p, but downgrades from buy to add.DCC: Jefferies raises target price from 3200p to 3250p and keeps a buy recommendation.easyJet: Alphavalue moves target price from 1126.9p to 1129.9p and upgrades from sell to reduce. Liberum Capital starts with a target price of 1500p and a buy recommendation.Global Petroleum: Northland Capital lowers target price from 18.1p to 10.7p staying with its buy recommendation.Halford Group: Investec ups target price from 460p to 520p and retains a buy recommendation.Kazakhmys: Canaccord Genuity takes target price from 280p to 300p maintaining a hold recommendation.Laird: Liberum Capital initiates with a target price of 290p and a buy recommendation.Lancashire: Canaccord Genuity moves target price from 780p to 790p and reiterates a hold recommendation.Lloyds Banking Group: Credit Suisse shifts target price from 65p to 68p retaining a neutral rating.Morgan Sindall: Jefferies increases target price from 650p to 1000p maintaining a buy recommendation.New Britain Palm Oil: Liberum Capital upgrades to buy with a target price of 750p.Persimmon: Liberum Capital ups target price from 1261p to 1303p and stays with its hold recommendation. Deutsche Bank raises target price from 1274p to 1310p and maintains a hold recommendation.Provident Financial: Berenberg increases target price from 1560p to 1970p and upgrades to buy.Reed Elsevier: Investec places its target price (prev.: 900p) under review, while leaving its buy recommendation unchanged.RSA Insurance Group: Alphavalue shifts target price from 147.4p to 148p and upgrades from add to buy.SAB Miller: Nomura raises target price from 3600p to 3700p reiterating an overweight rating.Schroders: Canaccord Genuity increases target price from 2400p to 2500p, while downgrading from buy to hold.Spirax-Sarco Engineering: Investec upgrades from hold to buy with an unchanged target price of 3150p.Super Group: Investec raises target price from 1300p to 1500p and reiterates a buy recommendation. Canaccord Genuity ups target price from 1500p to 1530p staying with its buy recommendation.Synthomer: Canaccord Genuity takes target price from 248p to 277p and maintains a buy recommendation.Tullow Oil: Alphavalue lowers target price from 870.9p to 867.2p, while upgrading from sell to reduce.Weir Group: Liberum Capital reduces target price from 2300p to 2200p downgrading to hold.
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EARNINGS AND TRADING: 888 advances US exit; Arrow ups reserve estimate

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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12 Mar 2024 14:55

Global Petroleum ends Cynergy partnership as chair resigns

(Alliance News) - Global Petroleum Ltd on Tuesday said its partnership agreement with Cynergy East Med LLC has mutually ended, following the resignation of the company's chair.

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11 Mar 2024 11:30

Global Petroleum shares drop after chair resigns suddenly

(Alliance News) - Global Petroleum Ltd on Monday announced that Executive Chair Daniel Page has abruptly left after just over three months in the role.

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26 Jan 2024 16:00

Global Petroleum inks partnership with Cynergy East Med

(Sharecast News) - Global Petroleum announced a development in its efforts to explore energy opportunities in the East Mediterranean on Friday, as it entered into a partnership agreement with Cynergy East Med.

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26 Jan 2024 12:24

Global Petroleum inks Cynergy deal for East Mediterranean exploration

(Alliance News) - Global Petroleum Ltd on Friday said it will partner with Cynergy East Med LLC to explore energy opportunities in the East Mediterranean.

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21 Dec 2023 15:43

UK shareholder meetings calendar - next 7 days

Friday 22 December 
Corcel PLCAGM
European Metals Holdings LtdAGM
Tlou Energy LtdGM re approval to issue convertible loan to ILC Investments Pty Ltd
Wildcat Petroleum PLCAGM
Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
Tremor International LtdAGM
Thursday 28 December 
ADVFN PLCAGM
Altona Rare Earths PLCAGM
Beximco Pharmaceuticals LtdAGM
Global Petroleum LtdAGM
Visum Technologies PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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30 Nov 2023 12:02

Global Petroleum raises GBP253,000 for Walvis Basin progress

(Alliance News) - Global Petroleum Ltd on Thursday said it has raised GBP253,000 through the placing of 421.7 million new shares at 0.06 pence each.

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27 Nov 2023 17:58

Global Petroleum appoints new executive chair and executive director

(Alliance News) - Global Petroleum Ltd on Monday said it appointed a new executive chair with immediate effect, alongside an executive director.

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7 Nov 2023 20:32

Global Petroleum shareholder asks to remove CEO, chair and non-exec

(Alliance News) - Global Petroleum Ltd on Monday said it was working with its shareholder, who asked for the removal of the company's chief executive, chair, and a non-executive director.

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27 Oct 2023 15:37

Global Petroleum shares fall as cash reserves drop but profit narrows

(Alliance News) - Global Petroleum Ltd shares plunged on Friday, despite reporting annual profit narrowing, as cash reserves have fallen significantly across the year.

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27 Oct 2023 10:32

AIM WINNERS & LOSERS: FireAngels surges on GBP28 million buyout

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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15 Sep 2023 18:48

IN BRIEF: Global Petroleum says appeals involve further applications

Global Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Says the recent judgements by the Italian Council of State dismissing appeals against environment decrees granted in its favour also encompassed its permit applications D 80 F.R GP and D 81 F.R GP. Explains this means that the Council of State has dismissed appeals by the town of Margherita di Savoia in respect of all four of Global's applications: D 80 F.R- GP, D 81 F.R-GP, D 82 F.R-GP and D 83 F.R-GP. Company will now assess its options regarding the applications.

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13 Sep 2023 17:17

IN BRIEF: Global Petroleum to pursue permits after appeals dismissed

Global Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Says appeals against the environmental decrees granted in its favour by the Italian authorities have recently been dismissed by the Council of State. Explains the actions were brought by the municipality of Margherita di Savoia in Puglia against the relevant Italian ministries and entities - with Global joined as an "interested party" - and related to the company's applications known as d 82 FR-GP and d 83 FR-GP. Adds there are two similar cases still outstanding, and the same outcome is expected in relation to them. Notes the latest judgements in Global's favour follow victories in all of the cases brought against the company by various entities in Puglia. Points out the ruling allows Global to pursue with the Italian authorities the grant of exploration permits in relation to d 82 FR-GP and d 83 FR-GP.

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13 Sep 2023 13:20

Global Petroleum upbeat on Italy appeal dismissal after fundraising

(Sharecast News) - Global Petroleum said in an update on Wednesday that it had raised £0.25m at the end of August, through the placing of 250 million shares at a placing price of 0.1p each.

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31 Aug 2023 17:07

IN BRIEF: Global Petroleum falls on heavily discounted fundraise

Global Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Raises GBP250,000 via placing of 250 million shares at 0.1 pence per share. The placing price represents a discount of 38% to the closing price on Wednesday. Further, 250 million warrants are also being issued at an exercise price of 0.1 pence each for a period of 3 years on the basis of 1 warrant for every share issued under the placing. Should the warrants be exercised in full, associated proceeds would be GBP250,000, making total proceeds of GBP500,000. Proceeds will be used for further technical work in relation to PEL 94, as previously announced, as well as providing general working capital.

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