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Tuesday broker round-up UPDATE

Tue, 06th May 2014 08:44

Antofagasta: RBC Capital upgrades to buy with a target price of 900p.Barclays: Numis downgrades from add to hold with a target price of 280p.BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation.Britvic: Numis raises target price to 684p and keeps a hold recommendation.Croda International: Deutsche Bank reduces target price from 2850p to 2700p downgrading to hold.Direct Line Group: Deutsche Bank lowers target price from 300p to 290p and leaves its buy recommendation unchanged.Hansard Global: Panmure Gordon cuts target price from 130p to 105p and downgrades from buy to hold.InterContinental Hotels Group: raises target price from 2250p to 2365p staying with its buy recommendation.Lancashire Holdings: Berenberg reduces target price from 786p to 720p maintaining a hold recommendation.Lloyds Banking Group: Nomura upgrades to buy with a target price of 89p.Magnolia Petroleum: Northland Capital places its target price under review while keeping its buy recommendation.Mytrah Energy: Investec shifts target price from 160p to 165p and retains a buy recommendation.Rentokil Intial: Credit Suisse lowers target price from 125p to 120p maintaining a neutral rating.Rio Tinto: Deutsche Bank increases target price from 4640p to 4690p and stays with its buy recommendation.Royal Bank of Scotland: Societe Generale moves target price from 340p to 350p and retains a hold recommendation. Citi ups target price from 270p to 300p, while staying with its sell recommendation.Royal Dutch Shell: Credit Suisse raises target price from 2450p to 2550p and keeps an outperform rating.RPC Group: JP Morgan ups target price from 675p to 690p reiterating an overweight rating.Serco Group: Cantor Fitzgerald cuts target price from 365p to 300p and retains its sell recommendation. Liberum Capital ups target price from 320p to 350p and reiterates a hold recommendation.Vedanta Resources: RBC Capital raises target price from 950 to 1000p and stays with its neutral rating.3i Group: Citi increases target price from 366p to 410p and retains its buy recommendation.
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Magnolia Petroleum completes share placing

(ShareCast News) - Magnolia Petroleum's work to shore up its balance sheet amid a tough oil price environment came to fruition on Monday, with a discounted fundraising of £300,000 via the issue of 214.3m new shares at 0.14p each. The AIM-traded US onshore oil firm said the proceeds of the placing wo

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15 Feb 2016 09:37

Magnolia Petroleum Raises GBP300,000 To Pay Down Debt (ALLISS)

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Magnolia Petroleum Adds More Producing Wells To US Onshore Acreage

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4 Nov 2015 14:18

Magnolia Petroleum begins drilling programme in Oklahoma

(ShareCast News) - AIM-listed oil and gas exploration and production company Magnolia Petroleum has begun a 10-well drilling programme in Oklahoma, US. The company, which has a 0.53% interest in each of the ten wells, said it was targeting the proven Woodford formation in the prolific South-Central

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4 Nov 2015 08:23

Magnolia Petroleum Drilling Campaign With Continental Resources Begins

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16 Oct 2015 09:06

Magnolia Petroleum surges after revealing it has more than 200 fully operational wells

(ShareCast News) - Shares in Magnolia Petroleum surged over 20% early on Friday, after the oil and gas producer said it has over 200 fully operational wells, after seven more came on stream during the latest quarter. The London-listed company now has 202 wells in operation, with an additional ten cu

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16 Oct 2015 08:33

Magnolia Petroleum Welcomes Start Of Production At Seven New Wells

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2 Oct 2015 09:34

Magnolia Petroleum gains stake in new Oklahoma gas wells

(ShareCast News) - Magnolia Petroleum has announced it is working with Continental Resources to drill 10 new gas wells in Oklahoma. The AIM listed company announced on Friday the new wells will be drilled in the Woodford formation, from which it's estimated a total of 3.2bn barrels of conventional o

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28 Sep 2015 09:51

Magnolia US Operations Become Unprofitable In First Half Of 2015

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