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Pin to quick picksParkmead Share News (PMG)

Share Price Information for Parkmead (PMG)

London Stock Exchange
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Share Price: 15.75
Bid: 15.50
Ask: 16.00
Change: 0.00 (0.00%)
Spread: 0.50 (3.226%)
Open: 15.75
High: 15.75
Low: 15.75
Prev. Close: 15.75
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Friday broker round-up UPDATE

Fri, 01st Aug 2014 10:33

AstraZeneca: Deutsche Bank ups target price from 3950p to 4000p staying with its hold recommendation.Avacta: Numis places both its target price and its buy recommendation under review.Barclays: Berenberg upgrades from sell to hold with a target price of 220p.Bodycote: UBS shifts target price from 860p to 865p and maintains a buy recommendation.Breedon: Berenberg initiates with a target price of 50p and a buy recommendation.Capita: Credit Suisse lowers target price from 1250p to 1215p and downgrades from outperform to neutral.Computacenter: Jefferies cuts target price from 720p to 690p retaining a hold recommendation.CVS Group: Berenberg starts with a target price of 410p and a buy recommendation.Daily Mail & General Trust: Numis shifts target price from 1180p to 1185p and stays with its buy recommendation.Diageo: Canaccord Genuity reduces target price from 1835p to 1540p downgrading from hold to sell.Dignity: Berenberg initiates with a target price of 1600p and a buy recommendation.Hikma Pharmaceuticals: Jefferies moves target price from 1600p to 1610p and keeps a hold recommendation.IMI: Investec places its target price (prev.: 1570p) under review, while leaving its buy recommendation unchanged.Informa: Goldman Sachs ups target price from 527p to 550p upgrading from sell to neutral.Intu Properties: Deutsche Bank moves target price from 270p to 280p and maintains a hold recommendation.Lancashire Holdings: Credit Suisse reduces target price from 800p to 680p, while leaving its outperform rating unaltered.Lloyds Banking Group: Deutsche Bank shifts target price from 87p to 89p and keeps a buy recommendation.Man Group: Panmure Gordon downgrades from buy to hold with a target price of 125p.Micro Focus: Jefferies raises target price from 420p to 635p, while maintaining an underperform rating.Next: Berenberg raises target price from 7740p to 8075p maintaining a buy recommendation.Parkmead: Numis initiates with a target price of 262p and a buy recommendation.Pennon Group: Credit Suisse moves target price from 645p to 655p and reiterates an underperform rating.PZ Cussons: Panmure Gordon moves target price from 400p to 410p retaining a buy recommendation.Randgold Resources: UBS downgrades from buy to neutral with a target price of 5400p. RBC Capital reduces target price from 5300p to 5200p and stays with a neutral rating.Rightmove: Jefferies reduces target price from 2260p to 2177p keeping a hold recommendation.Rolls-Royce Group: Deutsche Bank cuts target price from 900p to 860p retaining its sell recommendation.Royal Bank of Scotland: Investec ups target price from 325p to 340p, while downgrading from hold to sell.Royal Dutch Shell: Jefferies increases target price from 2460p to 2730p upgrading from hold to buy. UBS raises target price from 2300p to 2450p staying with its neutral rating.RPS Group: Jefferies reduces target price from 385p to 320p, while leaving its buy recommendation unchanged.Schroders: Jefferies raises target price from 2300p to 2500p and reiterates a hold recommendation. Numis cuts target price from 3087p to 3042p retaining its buy recommendation.SDL: Jefferies reduces target price from 620p to 480p, while keeping a buy recommendation.Severn Trent: Credit Suisse increases target price from 1540p to 1730p upgrading to neutral.Smith & Nephew: Investec downgrades from buy to add with a target price of 1100p.UBM: Canaccord Genuity cuts target price from 725p to 680p and retains a hold recommendation.United Utilities: Credit Suisse raises target price from 680p to 730p, while downgrading to underperform.Vesuvius: Investec places both its target price (prev.: 465p) and its add rating under review.Weir Group: Morgan Stanley raises target price from 2440p to 2510p and keeps an equal-weight rating.Zoopla Property: Jefferies initiates with a target price of 325p and a buy recommendation.
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28 Mar 2024 12:29

EARNINGS AND TRADING: Arbuthnot ups payout as profit more than doubles

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

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5 Feb 2024 13:17

Parkmead awarded three new North Sea blocks

(Sharecast News) - Independent energy group Parkmead has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in tranche two of the UK's 33rd Licensing Round.

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5 Feb 2024 11:51

Parkmead awarded three offshore oil blocks in UK North Sea

(Alliance News) - Parkmead Group PLC on Monday said it has received three new offshore blocks from the North Sea Transition Authority in the latest licensing round.

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2 Feb 2024 16:30

Parkmead reports progress at LDS-01 well

(Sharecast News) - Independent energy firm Parkmead updated the market on its gas production following the successful start of production from the LDS-01 well in the fourth quarter of 2023.

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2 Feb 2024 10:20

IN BRIEF: Parkmead surges on highest LDS-01 output since April 2020

Parkmead Group PLC - Netherlands and UK-focused gas explorer - Says production from the LDS-01 well has consistently produced at average rates of close to 5,000 barrels of oil per day gross and upwards of 370 boepd net in the final quarter of 2023. Parkmead's overall average net production over the same period from all the Dutch gas assets continues to exceed 430 boepd, it adds. This is the highest level of gas output since April 2020.

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17 Nov 2023 13:10

Parkmead reports strong uplift in full-year revenue

(Sharecast News) - Parkmead reported a 22% improvement in revenue in its preliminary results on Friday, to £14.77m.

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17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

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17 Nov 2023 10:43

Parkmead shares surge on promising outlook despite swing to loss

(Alliance News) - Parkmead Group PLC on Friday said it expected long-term low risk core revenue from producing Dutch gas fields and UK renewable energy assets, as it reported an annual loss.

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17 Nov 2023 10:36

AIM WINNERS & LOSERS: Parkmead revenue up; Jersey O&G buys vessel

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

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3 Nov 2023 18:19

IN BRIEF: Parkmead sees revenue increase but predicts write-downs

Parkmead Group PLC - Netherlands and UK-focused gas explorer - Expects to release results for year ended June 30 before the end of November. Forecasts revenue of GBP14.8 million, up from GBP12.1 million the year before. The results will also reflect the non-cash write down of around GBP33 million associated with the relinquishment of the P588 and P2154 licences in the Perth area of the North Sea. A non-cash write down of around GBP13 million has been taken to reflect the planned relinquishment of licence P1293 (Athena area) following completion of abandonment operations offshore. Results will show updates on a number of positive developments within the renewable energy and oil and gas projects.

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19 Jun 2023 14:24

IN BRIEF: Parkmead shares fall as gives up on North Sea project

Parkmead Group PLC on Monday - Netherlands and UK-focused gas explorer - Says the UK North Sea upstream industry is facing unprecedented challenges, stating it is no longer "practical" to move forward with Perth development. Adds its primary focus is on building its gas and renewable energy focused portfolio as a result. Says it remains in a "very healthy" cash position from producing Dutch gas fields and UK wind turbines, but notes a non-cash one-off impairment of approximately GBP33 million relating to the Perth oil development. Looking ahead, says it is well-placed in regard to potential acquisitions.

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28 Apr 2023 16:15

TRADING UPDATES: Castings beats market view; Zoo Digital buys in Japan

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

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6 Apr 2023 15:40

Parkmead starts production from new Dutch gas discovery

(Sharecast News) - Independent energy company Parkmead announced the start of gas production from its new LDS-01 discovery in the Netherlands on Thursday.

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6 Apr 2023 10:49

Parkmead hails asset efficiency as gas production starts at LDS-01

(Alliance News) - Parkmead Group PLC on Thursday said that gas production has started from its new LDS-01 discovery in the Netherlands.

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31 Mar 2023 17:22

TRADING UPDATES: Parkmead profit hurt by impairment; Shearwater warns

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

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