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Thursday broker round-up UPDATE

Thu, 16th Oct 2014 08:57

Afren: Investec cuts target price from 195p to 120p and reiterates its hold recommendation.Amerisur Resources: Investec lowers target price from 75p to 65p and maintains a buy recommendation.Antofagasta: UBS upgrades from sell to neutral with a target price of 710p.ARM Holdings: Credit Suisse reduces target price from 1100p to 1000p reiterating an outperform rating.ASOS: Goldman Sachs reduces target price from 4300p to 3000p and keeps a buy recommendation.AVEVA: Jefferies upgrades from hold to buy with a target price of 1760p.Bank of Georgia: Numis upgrades from hold to buy with a target price of 2708p.Bellway: UBS ups target price from 1870p to 1910p keeping a buy recommendation.Bunzl: Investec upgrades from add to buy with a target price of 1685p.bwin.party: PeelHunt places its target price (prev.: 110p) under review, while keeping a hold recommendation.Cairn Energy: Investec ups target price from 245p to 260p and reiterates a buy recommendation.Circle Oil: Investec lowers target price from 70p to 60p maintaining a buy recommendation.Consort Medical: PeelHunt reduces target price from 1187p to 916p staying with its buy recommendation.Diageo: Numis reduces target price from 1900p to 1800p retaining its hold recommendation.e2v technologies: Investec lowers target price from 225p to 220p, while staying with its buy recommendation.Faroe Petroleum: Investec cuts target price from 145p to 115p retaining a hold recommendation.GAME Digital: Canaccord Genuity shifts target price from 300p to 308p and leaves its buy recommendation unchanged. Liberum Capital raises target price from 265p to 350p and keeps a buy recommendation.Genel Energy: Investec reduces target price from 1060p to 900p, while its hold recommendation is kept.GKN: Exane cuts target price from 360p to 340p, while upgrading to outperform.Henderson Group: JP Morgan cuts target price from 245p to 222p leaving its neutral rating unchanged.IMI: Exane reduces target price from 1200p to 1100p and reiterates an underperform rating.Ithaca Energy: Investec cuts target price from 175p to 140p staying with its buy recommendation.Lekoil: Investec initiates with a target price of 90p and a buy recommendation.Mears Group: Investec upgrades from add to buy with a target price of 520p.Ophir Energy: Investec cuts target price from 250p to 215p leaving its hold recommendation unchanged.Polymetal: RBC Capital ups target price from 600p to 625p retaining an outperform rating.Premier Oil: Investec initiates with a target price of 350p and a buy recommendation.Restaurant Group: Numis upgrades from add to buy.Rolls-Royce: Berenberg reduces target price from 1216p to 1160p retaining a buy recommendation.Rotork: Exane reduces target price from 2575p to 2300p and maintains an underperform rating.SABMiller: JP Morgan raises target price from 3470p to 3600p and maintains an overweight rating.Shire: Panmure Gordon reduces target price from 5300p to 4200p, while upgrading to buy.Smiths Group: Exane reduces target price from 1255p to 1160p leaving its neutral rating unchanged.SOCO International: Investec initiates with a target price of 350p and a hold recommendation.Spectris: Exane reduces target price from 2070p to 1740p and stays with its neutral rating.Spirax-Sarco Engineering: Exane reduces target price from 2600p to 2450p and stays with its underperform rating.Trinity Exploration: Investec reduces target price from 215p to 145p staying with its buy recommendation.Tullow Oil: Investec reduces target price from 800p to 545p and reiterates a hold recommendation.Vesuvius: Exane reduces target price from 510p to 440p retaining a neutral rating.Weir Group: Exane reduces target price from 2950p to 2400p keeping an outperform rating.Wentworth Resources: Investec moves target price from 65p to 75p keeping a buy recommendation.Whitbread: Numis upgrades from hold to add with a target price of 4500p.
More News
22 Dec 2022 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 December 
Plexus Holdings PLCAGM
Wildcat Petroleum PLCAGM
Monday 26 December 
no events scheduled 
Tuesday 27 December 
Zambeef Products PLCAGM
Wednesday 28 December 
Evrima PLCAGM
Greencare Capital PLCGM re proposed name change
Lift Global Ventures PLCGM re proposed expansion within the energy sector
Thursday 29 December 
Amte Power PLCAGM
ADVFN PLCAGM
Genedrive PLCAGM
Hotel Chocolat Group PLCAGM
Lekoil LtdEGM re proposed settlement and name change
Online Blockchain PLCAGM
PetroNeft Resources PLCAGM
SkinBioTherapeutics PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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8 Dec 2022 14:41

IN BRIEF: Lekoil to change name to Fenikso as reaches legal settlement

Lekoil Ltd - Cayman Islands-based litigation asset company with an investment in oil & gas assets in Nigeria - Lekoil Nigeria Ltd on Thursday confirms the announcement made by Lekoil Ltd late Wednesday that the two sides have agreed to end all legal proceedings against each other and settle all claims. As part of the deal, the two companies agree to surrender all shares in each other.

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7 Dec 2022 21:25

TRADING UPDATES: Ryanair extends CEO contract; Sovereign eye demerger

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

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29 Jul 2022 14:02

Lekoil Chair Olapade Durotoye to take up role with Savannah Energy

(Alliance News) - Lekoil Ltd on Friday said Non-Executive Chair Olapade Durotoye plans to take up a "significant" role with Savannah Energy PLC in Nigeria.

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25 Jul 2022 16:14

IN BRIEF: Lekoil profit falls, says financial position "fragile"

Lekoil Ltd - litigation asset company with an investment in oil & gas assets in Nigeria - Reports pretax profit of USD836,000 for first half of 2022, down from USD13.1 million a year before. This is due to finance income slipping to USD1.8 million from USD13.9 million. It anticipates share suspension will be lifted by Aquis following publication of interim report. Says it continues to face "considerable" challenges. "The company will continue to seek recovery of the CEO loan, defend the litigation that Akinyanmi and Lekoil Nigeria have brought against it, and it will take further steps to recover its investments in Lekoil Nigeria and its subsidiaries," it says. Adds financial position "remains fragile".

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30 Jun 2022 19:25

EARNINGS UPDATES: Bushveld loss widens; Scottish Investment assets up

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

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27 Jun 2022 21:15

TRADING UPDATES: 88 signs license agreement; Lekoil litigates

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

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16 Jun 2022 15:02

IN BRIEF: Lekoil has to pay ex-CEO Akinyanmi, says ex-CEO's new firm

Lekoil Ltd - Cayman-incorporated oil and gas exploration and production company focused on Nigeria and West Africa - Lekoil Nigeria Ltd states that Superior Court of New Jersey says Lekoil owns money to former Chief Executive Officer & company founder Olalekan Akinyanmi. Lekoil Nigeria refers to document MER-L-001733-21 at the Superior Court of New Jersey.

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14 Jun 2022 19:15

IN BRIEF: Lekoil continues to produce oil from Otakikpo in May

Lekoil Ltd - oil and gas exploration and production company focused on Nigeria and West Africa - At Otakikpo, in May gross oil production reaches 4,230 barrels per day, while drilling of Otakikpo-4 continued during the month.

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9 Jun 2022 17:35

IN BRIEF: Lekoil shakes up board with new chair, director appointments

Lekoil Ltd - oil and gas exploration and production company focused on Nigeria and West Africa - Says Olapade Durotoye becomes non-executive chair, Guy Oxnard becomes an executive director and Dipo Sofola a non-executive director. Says appointments part of managed succession planning in which Anthony Hawkins and Al Tindall will each cease being directors at end of June.

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6 Jun 2022 18:06

IN BRIEF: Lekoil anticipates court hearing regarding contempt claim

Lekoil Ltd - oil and gas exploration and production company focused on Nigeria and West Africa - Says that a court has granted a hearing for Lekoil Nigeria Ltd's contempt suit against itself and Savannah Energy Investments Ltd. In April, Lekoil Nigeria and its subsidiaries were granted an injunction by the Federal Court of Nigeria against Lekoil and Savannah Energy Investments which restrained them from taking any steps to transfer of any interests in the oil and gas assets of Lekoil Nigeria.

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20 May 2022 16:00

UK shareholder meetings calendar - next 7 days

Monday 23 May 
Brewin Dolphin Holdings PLCGM re acquisition by RBC Wealth Management
Digital 9 Infrastructure PLCAGM
Empiric Student Property PLCAGM
TMT Investments PLCAGM
Tuesday 24 May 
4imprint Group PLCAGM
Afentra PLCAGM
Artisanal Spirits Co PLCAGM
Bidstack Group PLCAGM
Epwin Group PLCAGM
FDM Group Holdings PLCAGM
Forterra PLCAGM
Harworth Group PLCAGM
Henderson High Income Trust PLCAGM
Hill & Smith Holdings PLCAGM
Hilton Food Group PLCAGM
Horizonte Minerals PLCAGM
Judges Scientific PLCAGM
Pebble Group PLCAGM
Quarto Group IncAGM
Restaurant Group PLCAGM
Riverstone Energy LtdAGM
Shell PLCAGM
Thungela Resources LtdAGM
Vector Capital PLCAGM
WPP PLCAGM
Wednesday 25 May  
Access Intelligence PLCAGM
Amur Minerals CorpAGM
Aston Martin Lagonda Global Holdings PLCAGM
Bakkavor Group PLCAGM
Bango PLCAGM
Bodycote PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Intertek Group PLCAGM
M&G PLCAGM
Manx Financial Group PLCAGM
Mortgage Advice Bureau Holdings PLCAGM
Property Franchise Group PLCGM re final 2021 dividend
Regional REIT LtdAGM
Sabre Insurance Group PLCAGM
Trustpilot Group PLCAGM
Tullow Oil PLCAGM
Zenova Group PLCAGM
Zotefoams PLCAGM
Thursday 26 May 
Aminex PLCAGM
Bank of Ireland Group PLCAGM
Belvoir Group PLCAGM
Central Asia Metals PLCAGM
Curtis Banks Group PLCAGM
Diaceutics PLCAGM
Duke Royalty LtdEGM re fundraise
East Star Resources PLCAGM
Energean PLCAGM
Henry Boot PLCAGM
Hochschild Mining PLCAGM
Legal & General Group PLCAGM
National World PLCAGM
Ocean Wilsons Holdings LtdAGM
OnTheMarket PLCGM re cancellation of capital
Prudential PLCAGM
S&U PLCAGM
Staffline Group PLCAGM
Strix Group PLCAGM
WAG Payment Solutions PLCAGM
Yu Group PLCAGM
Friday 27 May 
AG Barr PLCAGM
Big Technologies PLCAGM
Coca-Cola Europacific Partners PLCAGM
Destiny Pharma PLCAGM
Hostmore PLCAGM
Lancashire Holdings LtdAGM
Lekoil LtdEGM re appointment and remuneration of auditors
LSL Property Services PLCAGM
Malin Corp PLCAGM
Old Mutual LtdAGM
Oxford BioMedica PLCAGM
Renewables Infrastructure Group LtdAGM
Spectris PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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16 May 2022 19:35

IN BRIEF: Lekoil seeks to transfer listing to Aquis from AIM

Lekoil Ltd - oil and gas exploration and production company focused on Nigeria and West Africa - Applies for admission to trading on the Access segment of the AQSE Growth Market operated by the Aquis Stock Exchange.

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16 May 2022 13:46

Lekoil applies to AQSE Growth Market, to delist from AIM

(Sharecast News) - Lekoil announced on Monday that it has applied for admission of its shares to trading on the Access segment of the AQSE Growth Market of the Aquis Stock Exchange.

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19 Apr 2022 22:13

TRADING UPDATES: Woodbois first-quarter revenue rises; Oriole upbeat

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

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