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Pin to quick picksPetro Matad Share News (MATD)

Share Price Information for Petro Matad (MATD)

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Share Price: 3.15
Bid: 3.10
Ask: 3.20
Change: 0.00 (0.00%)
Spread: 0.10 (3.226%)
Open: 0.00
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Low: 0.00
Prev. Close: 3.15
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Monday broker round-up UPDATE

Mon, 11th Mar 2013 07:23

Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling.Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral.Anite Group: Invetsec downgrades from buy to hold with a target price of 157p.Aviva: Citigroup reduces target price from 479p to 432p reiterating its buy recommendation. Bank of America shifts target price from 330p to 350p, while its neutral rating is maintained.Avocet Mining: Investec cuts target price from 28.60p to 24p and keeps a hold recommendation.Babcock: JP Morgan ups target price from 1120p to 1230p, while maintaining an overweight rating.Bovis Homes: UBS increases target price from 560p to 700p retaining a neutral rating.BP: Deutsche Bank moves target price from 500p to 520p, while leaving its buy recommendation unaltered.British American Tabacco: Investec raises target price from 3350p to 3800p reiterating a buy recommendation.Capita: Westhouse Securities takes target price from 661p to 755p, while maintaining a sell recommendation.CAP-XX: Having had both its target price and recommendation under review, Cantor Fitzgerald rates a target price of 13p and a buy recommendation.Carillion: UBS lowers target price from 240p to 230p and reiterates a sell recommendation.Chime Communications: Investec ups target price from 265p to 300p and keeps a buy recommendation.Clinigen Group: Numis revises target price from 265p to 310p and stays with its buy recommendation.Cobham: Morgan Stanley ups target price from 175p to 195p and maintains an underweight rating. Exane BNP moves target price from 205p to 230p, while staying with its neutral rating.Daily Internet: Merchant Securities initiates with a target price of 8p and a buy recommendation.Dixons Retail: Deutsche Bank shifts target price from 31p to 36p keeping a buy recommendation.Escher Group: Panmure Gordon increases target price from 384p to 410p, while maintaining a buy recommendation.GlaxoSmithKline: Deutsche Bank increases target price from 1440p to 1530p and retains a hold recommendation. Espirito Santo shifts target price from 525p to 533p, while keeping a neutral rating.Hammerson: UBS moves target price from 525p to 560p, while leaving its buy recommendation unchanged.Herencia Resources: WH Ireland downgrades from buy to a speculative buy.HG Capital Trust: Oriel Securities revises target price from 1065p to 1130p and stays with its hold recommendation.Hiscox: Westhouse Securities ups target price from 525p to 533p reiterating a neutral rating.Howden Joinery: Numis raises target price from 245p to 260p keeping an add rating.HSBC Holdings: Exane BNP cuts target price from 850p to 825p and stays with its outperform rating.Hunting: Liberum Capital raises target price from 770p to 826p, while its hold recommendation is kept.ICAP: UBS reduces target price from 330p to 305p and downgrades from neutral to sell.IMI: UBS revises target price from 1000p to 1100p, but still recommends selling.Intu Properties: Espirito Santo reduces target price from 320p to 295p keeping a sell recommendation.Ladbrokers: Panmure Gordon raises target price from 195p to 219p, while maintaining a hold recommendation. Bank of America moves target price from 235p to 260p and retains its buy recommendation.Lloyds Banking Group: Bank of America shifts target price from 65p to 70p and retains its buy recommendation.Marshalls: Citigroup moves target price from 96p to 110p staying with its neutral rating.Perform: JP Morgan raises target price from 416p to 451p and keeps its neutral rating.Petro Matad: Westhouse Securities upgrades from add to buy with a target price of 15p.Playtech: Deutsche Bank takes target price from 550p to 650p and stays with its buy recommendation.Pure Water: WH Ireland shifts target price from 8.25p to 9.75p and maintains a buy recommendation.Reckitt Benckiser: Bank of America raises target price from 5000p to 5250p and reiterates its buy recommendation.Sage: Analysts at Bank of America-Merrill Lynch have downgraded their view to underperform. Bank of America shifts target price from 320p to 330p, while downgrading to underperform.Schroders: Credit Suisse ups target price from 1800p to 2150p keeping a neutral rating.Standard Chartered: Exane BNP revises target price from 1700p to 1750op leaving its neutral rating unchanged.Standard Life: Bank of America increases target price from 340p to 375p keeping an underperform rating.SThree: Numis downgrades to hold with a target price of 350p.St Ives: Numis moves target price from 132p to 150p reiterating its buy recommendation.St Modwen Properties: Numis revises target price from 259p to 280p and downgrades to add.Tullet Prebon: UBS shifts target price from 244p to 250p, while downgrading from neutral to sell.UBM: UBS ups target price from 700p to 740p and reiterates a neutral rating. Citigroup moves target price from 734p to 749p, while its neutral rating is kept.William Hill: Bank of America takes target price from 315p to 420p and leaves its underperform rating unaltered.Wolseley: UBS raises target price from 2800p to 3375p and keeps a neutral rating.
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TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

(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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25 Apr 2024 09:52

Petro Matad still working to secure Mongolia approvals

(Sharecast News) - Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.

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19 Dec 2023 12:10

Petro Matad shares jump as says "almost there" with Mongolia sign-off

(Alliance News) - Petro Matad Ltd on Tuesday said that a "slow bureaucratic process" to complete a special land purpose certification has caused delays for its planned Heron-1 operations in Mongolia.

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28 Sep 2023 11:49

Petro Matad first half loss widens as projects hit delays

(Alliance News) - Petro Matad Ltd on Thursday said its loss widened in the first half as it looks to progress with its exploration projects.

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10 Jul 2023 10:26

AIM WINNERS & LOSERS: Helium One surges on rig purchase for Rukwa

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

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10 Jul 2023 09:49

Petro Matad shares fall as abandons watery Velociraptor-1 well

(Alliance News) - Petro Matad Ltd on Monday said it will abandon the Velociraptor-1 well in Central Mongolia as all reservoirs encountered were water bearing.

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10 Jul 2023 08:51

LONDON MARKET OPEN: Stocks head lower after China data, US payrolls

(Alliance News) - Stock prices in London opened mostly in the red on Monday, following more weak Chinese economic data, and ongoing concerns about how much further interest rates will rise.

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10 Jul 2023 07:47

LONDON BRIEFING: BT CEO Philip Jansen to step down next year

(Alliance News) - Stocks in London are called lower on Monday, after soft economic data from China pointed to a weak demand outlook.

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6 Jul 2023 11:57

LONDON MARKET MIDDAY: Stocks slump as rates expected to keep rising

(Alliance News) - Stock prices in London were firmly in the red at midday as the latest meeting minutes from the US Federal Reserve pointed to interest rates in the world's largest economy remaining higher for longer.

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6 Jul 2023 10:37

IN BRIEF: Petro Matad receives approval for Block XX exploitation area

Petro Matad Limited - Douglas, Isle of Man-based petrolem exploration company focused on Mongolia - Says the cabinet of the Mongolian government has approved the certification of the Block XX Exploitation area, which includes the Heron oil discovery, as special purpose land. The cabinet approves certification and instructed officials to conclude the follow up formalities required under the land law. Petro Matad will now work with central land agency and local authorities to complete the registration of the area and sign necessary contracts.

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14 Jun 2023 09:17

Petro Matad spuds Block V, but still waits on Block XX certification

(Alliance News) - Petro Matad Ltd on Wednesday said it has successfully spudded a well in the Taats Basin of Block V, located in central Mongolia.

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22 May 2023 14:23

IN BRIEF: Petro Matad shares plunge as repeats license documentation

Petro Matad Ltd - Isle of Man-based, Mongolia-focused parent company of a group focussed on oil exploration and which owns and operates two production sharing contracts with the Mongolian government - Expects rig arrival and Velociraptor 1 spud during the first half of June. Starts mobilisation site construction equipment to the Velociraptor 1 well location. Says the Velociraptor 1 well is expected to reach the prognosed total depth of about 1500 metres in 30 days following which the well will be logged and the results evaluated. All permits are in place for Velociraptor 1 and the contingent appraisal drilling.

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3 Apr 2023 14:38

TRADING UPDATES: Zinc Media and EnSilica hail contract wins

(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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14 Feb 2023 14:41

Petro Matad reports slow progress at Block XX

(Sharecast News) - Mongolian oil explorer Petro Matad reported progress on a number of fronts in an operational update on Tuesday.

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14 Feb 2023 11:33

Petro Matad bemoans slower than anticipated certification of Block XX

(Alliance News) - Petro Matad Ltd on Tuesday said that while it was pleased to see progress towards certifying one of its licences in Mongolia, the process was still proving much slower than initially advised.

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