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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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20 Sep 2018 13:35

UPDATE: Providence Resources Inks Amended Barryore Farm-Out Pact

LONDON (Alliance News) - Providence Resources PLC said Thursday that its loss for the first half of the year narrowed as it reduced legal and administrative expenses.For the six months to a

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20 Sep 2018 11:31

Providence Resources Loss Narrows, Inks Amended Barryore Farm-Out Pact

LONDON (Alliance News) - Providence Resources PLC said Thursday that its loss for the first half of the year narrowed as it reduced legal and administrative expenses.Shares in the Irish oil

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18 Jun 2018 13:20

Providence Resources Still In Talks For Potential Newgrange Farm-Out

LONDON (Alliance News) - The Irish-based oil & gas company Providence Resources PLC said Monday it continues commercial discussions in relation to a potential farm-out of equity in the in EL

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10 May 2018 12:44

Providence Resources 2017 Loss Narrows As Porcupine Targets Disappoint

LONDON (Alliance News) - Providence Resources PLC said on Thursday its loss slightly narrowed in 2017 due to lower impairments and higher finance income.The Irish oil and gas firm does not

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18 Apr 2018 12:55

Providence Resources, Partners Seek Conversion Of Irish Licence

LONDON (Alliance News) - Ireland-based oil and gas company Providence Resources PLC said Wednesday that its joint venture partners in the licensing option 16/27 have decided to apply to the to the

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23 Jan 2017 08:39

Providence Resources Gets Irish Consent For Second Phase At FEL 2/14

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9 Nov 2016 16:15

Providence Resources says UK Supreme Court refuses appeal application

(ShareCast News) - Providence Resources said the UK Supreme Court has refused its application to appeal an earlier court ruling in a legal case against Transocean Drilling UK Ltd, a subsidiary of Transocean Ltd. "By order dated 2 November, 2016, the Supreme Court ordered that permission to appeal be

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9 Nov 2016 10:21

Providence Resources Appeal Application Rejected By UK Supreme Court

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21 Oct 2016 10:41

Providence Resources to pay £1.1m to Transocean Drilling UK after court ruling

(ShareCast News) - Providence Resources is to pay Transocean Drilling UK Ltd a sum of $1.1m in relation to a court case brought by the latter over the use of a semi-submersible drilling unit on the Barryroe oilfield, offshore Ireland. This followed a judgement by the Commercial Court in London on 20

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27 Sep 2016 09:35

Providence Resources Taps Ex-Tullow Oil Chair Plunkett As New Chairman

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8 Aug 2016 11:00

Providence Resources receives revised holding in Porcupine Basin

(ShareCast News) - Irish-based oil and gas exploration company Providence Resources updated the market on Frontier Exploration Licence 3/04 on Monday. The AIM-traded firm said the licence lies in 1,500 metre-deep water in the southern Porcupine Basin and is 170 km off the south west coast of Ireland

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20 Jul 2016 09:19

Providence Resources Pays Melody Debt, Sums Owed To Transocean (ALLISS)

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14 Jul 2016 10:24

Providence Resources Reports Weak Uptake Under Open Offer (ALLISS)

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29 Jun 2016 11:45

Providence Resources Loss Widens On Costs, Impairments

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23 Jun 2016 08:21

Providence Teams Up To Secure Area Over Avalon System Offshore Ireland

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