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Friday broker round-up

Fri, 26th Oct 2012 10:00

African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept.APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept.ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral rating kept.Barratt Developments: Panmure Gordon downgrades to hold, 190p target kept.Berendsen: Panmure Gordon downgrades to hold, 582p target kept; Investec lifts target from 570p to 595p, buy rating kept; Chariot Oil & Gas: Merchant Securities keeps hold rating.Debenhams: Exane BNP Paribas downgrades to neutral, target lifted from 110p to 120p; Societe Generale upgrades to buy, target lifted from 105p to 133p; Nomura ups target from 105p to 120p, neutral rating kept.Drax: Societe General upgrades to hold, target lifted from 498p to 527p; Bank of America ML upgrades to buy, target lifted from 510p to 660p.Elementis: Numis downgrades to hold, target cut from 231p to 220p.GKN: Jefferies keeps buy rating and 275p target.Hargreaves Lansdown: HSBC initiates coverage with underweight rating.Johnson Matthey: Numis downgrades to hold, target cut from 2,467p to 2,369p.Laird: Investec cuts target from 225p to 220p, hold rating kept.Pearson: Investec keeps hold rating and 1,240p target.Providence Resource: Numis downgrades to hold.Provident Financial: RBC Capital Market upgrades to outperform, target lifted from 1,400p to 1,600p.Senior: Investec cuts target from 225p to 215p, buy rating kept.Taylor Wimpey: Panmure Gordon downgrades to hold, 58p target kept.Valiant Petroleum: N+1 Singer downgrades to sell, 414p target kept.WPP: Nomura cuts target from 1,030p to 980p, buy rating kept.Zoteoams: N+1 Singer downgrades to hold, 200p target retained; Investec raises target from 192p to 240p, buy rating kept.BC
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Providence Resources appoints Alan Linn as its new CEO

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Providence to operate Avalon prospect as Total quits Ireland

(Sharecast News) - Ireland-based energy company Providence Resources updated the market on Frontier Exploration Licence 2/19 on Thursday, which is located in the southern Porcupine Basin, offshore Ireland, and contains the undrilled Paleocene 'Avalon' exploration prospect.

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Lansdowne Strips APEC Of Barryroe Exclusivity After Not Paying Up

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Lansdowne Oil & Gas Loss Narrows But Barryroe Stalemate Continues

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Providence, Lansdowne Notes Completion Of Barryroe Site Survey

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Lansdowne Oil Says APEC Barryroe Funding Deadline Delayed Again

(Alliance News) - Lansdowne Oil & Gas PLC on Tuesday said that the partners of an offshore oil project are still yet to receive a USD9.0 million loan promised by Chinese investors APEC Energy

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3 Sep 2019 11:31

Lansdowne, Providence Resources Still Waiting For APEC Barryroe Cash

(Alliance News) - Lansdowne Oil & Gas PLC on Tuesday said that the partners of an offshore oil project have threatened to end the exclusivity rights of a Chinese investor which is yet to a in

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27 Aug 2019 13:38

Lansdowne Oil Announces Yet Another Barryroe Loan Backstop Extension

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Providence agrees another extension to Barryroe farm-out backstop date

(Sharecast News) - Providence Resources announced yet another extension to the backstop date for its Barryroe farm-out transaction on Tuesday - this time to 2 September.

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