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Tuesday broker round-up

Tue, 02nd Oct 2012 08:17

African Barrick Gold: Deutsche Bank raises target from 510p to 540p, hold rating kept.African Minerals: Deutsche Bank cuts target from 708p to 610p, buy rating kept.Allocate Software: N+1 Brewin downgrades to hold, target cut from 94p to 80p.Babcock: Investec raises target from 970p to 100p, buy rating kept.ENRC: Deutsche Bank cuts target from 990p to 900p, buy rating kept.Escher Group: Panmure Gordon raises tagged from 364p to 367p, buy rating kept.Faroe Petroleum: Seymour Pierce ups target from 263p to 286p, buy rating reiterated.First Derivatives: Merchant Securities initiates coverage with buy recommendation and 605p target.Hammerson: Investec upgrades from sell to hold, target lifted from 415p to 465p.IMI: Morgan Stanley initiates coverage with overweigh rating and 1,123p target.Kazakhmys: Deutsche Bank cuts target from 1,165p to 1,080p, buy rating kept.Lonmin: Deutsche Bank cuts target from 470p to 445p, sell rating kept.Lonrho: Jefferies initiates coverage with buy rating and 15p target.Inmarsat: HSBC downgrades to neutral.QinetiQ: UBS raises target from 180p to 190p, buy rating kept.Providence Resources: Liberum Capital cuts target from 2,000p to 1,980p, buy rating kept.Rio Tinto: Deutsche Bank cuts target from 4,850p to 4,580p, 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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