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Friday broker round-up UPDATE

Fri, 07th Nov 2014 09:44

AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation.AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation.Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutral rating.B&M European Value Retail: Citi initiates with a target price of 310p and a buy recommendation.Brammer: Investec cuts target price from 400p to 370p and retains a buy recommendation.Cobham: Charles Stanley upgrades to hold.Coca-Cola HBS: Societe Generale cuts target price from 1150p to 1100p and retains a sell recommendation. UBS reduces target price from 1450p to 1360p, keeping its neutral rating.Experian: Canaccord raises target price from 858p to 928p and upgrades from sell to hold.Filtronic: Panmure Gordon shifts target price from 20p to 23p and reiterates a hold recommendation.Gem Diamonds: JP Morgan moves target price from 270p to 280p and keeps its overweight rating. Westhouse lowers target price from 235p to 210p and stays with its buy recommendation.GlaxoSmithKline: Berenberg cuts target price from 1575p to 1540p and maintains a hold recommendation.HSBC Holdings: Numis cuts target price from 725p to 700p and retains an add rating.Infinis: Barclays initiates with a target price of 275p and an overweight rating.Informa: Investec places its target price (prev.: 500p) under review, retaining its hold recommendation.Inmarsat: Berenberg ups target price from 725p to 750p, retaining its hold recommendation.Lookers: Panmure Gordon moves target price from 166p to 175p and leaves its buy recommendation unchanged.Persimmon: Deutsche Bank moves target price from 1523p to 1533p and maintains a hold recommendation.Petrofac: Deutsche Bank reduces target price from 1300p to 1200p, staying with its buy recommendation.Playtech: JP Morgan reduces target price from 860p to 615p and downgrades to neutral.Poundland Group: Citi initiates with a target price of 350p and a buy recommendation.Promethean World: JP Morgan lowers target price from 33p to 24p, downgrading to underweight.Randgold Resources: Westhouse reduces target price from 5000p to 4450p and leaves its add rating unaltered.Royal Dutch Shell: Credit Suisse ups target price from 2625p to 2660p and maintains its outperform rating.RSA Insurance: Deutsche Bank lowers target price from 505p to 500p and keeps a hold recommendation. Canaccord downgrades from hold to sell with a target price of 440p. UBS cuts target price from 427p to 418p and keeps a sell recommendation.Schroders: Societe Generale reduces target price from 2620p to 2530p and stays with its hold recommendation. UBS raises target price from 2400p to 2800p and upgrades from neutral to buy.Shire Pharmaceuticals: Credit Suisse reduces target price from 5400p to 4200p and reiterates a neutral rating.SIG: Deutsche Bank cuts target price from 189p to 155p and retains a hold recommendation.Spirax-Sarco Engineering: Investec places its target price (prev.: 2810p) under review, maintaining an add rating.Sweett Group: N+1 Singer cuts target price from 45p to 34p and reiterates a buy recommendation.Tate & Lyle: Deutsche Bank reduces target price from 900p to 750p, keeping a buy recommendation.UBM: Citi reduces target price from 820p to 670p, while leaving its buy recommendation unchanged.William Hill: Morgan Stanley ups target price from 425p to 460p, staying with an overweight rating.3i Group: Citi ups target price from 430p to 455p and keeps a buy recommendation.
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30 Dec 2021 09:28

UPDATE 2-FTSE 100 edges down as COVID fears dull festive cheer

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Industrial stocks eye best performance in 23 years* Travel and leisure hit by Omicron fears* Ashtead the top YTD performer on FTSE 100* UK ...

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30 Dec 2021 05:33

UPDATE 5-Oil prices rise slightly ahead of OPEC+ meeting next week

* U.S. crude, fuel stocks fell last week; output rises -EIA* Saudi king says OPEC+ pact 'essential' for oil market stability (New throughout, updates prices, market activity and comments to settlement, adds OPEC+ meeting details and PSM details)By...

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28 Dec 2021 09:41

S.African court halts Shell's offshore seismic survey

CAPE TOWN, Dec 28 (Reuters) - A South African high court on Tuesday blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for...

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27 Dec 2021 14:01

Mexican president says Pemex to close Deer Park deal in January

MEXICO CITY, Dec 27 (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) will complete its purchase of a controlling interest in a Texas oil refinery in January, Mexican President Andres Manuel Lopez Obrador said on Monday.Mexico's go...

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24 Dec 2021 10:03

UPDATE 1-Russia says Europe missing out on gas with Nord Stream 2 delay

(Recasts, adds quote, background)MOSCOW, Dec 24 (Reuters) - Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signalled on Friday.Deputy Prim...

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24 Dec 2021 08:26

Russia's Novak: Nord Stream 2 hindered by politics

MOSCOW, Dec 24 (Reuters) - The launch of the Nord Stream 2 natural gas pipeline is being hindered by politics, but Russia still hopes its certification will be completed by mid-2022, Russian Deputy Prime Minister Alexander Novak said on Friday.The...

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24 Dec 2021 08:19

Russia says Nord Stream 2 a bargaining chip for U.S., EU, Interfax reports

MOSCOW, Dec 24 (Reuters) - The Nord Stream 2 gas pipeline project linking Russia with Europe has become a bargaining chip in a game played by the United States and the European Union, Russian Deputy Foreign Minister Sergei Ryabkov said on Friday, ...

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23 Dec 2021 14:14

Third Point's Loeb slams activists after UK fund chairman quits

LONDON, Dec 23 (Reuters) - Hedge fund Third Point's boss Dan Loeb on Thursday blamed the departure of the chairman of the firm's London-listed fund on "inexperienced" and "juvenile antics" of activist investors.Third Point Investors Limited (TPIL)...

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22 Dec 2021 20:56

Shell declares force majeure on Nigerian Forcados crude

LAGOS, Dec 22 (Reuters) - Royal Dutch Shell's Nigerian subsidiary SPDC has declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said in a statement.The actio...

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22 Dec 2021 13:49

UPDATE 3-Mexico says U.S. approves Deer Park refinery deal, sees completion early 2022

(Adds details)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery in a transaction that should conclude early next year,...

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22 Dec 2021 13:49

UPDATE 2-Mexico says U.S. government approves Deer Park refinery deal

(Adds context, comment from Pemex CEO)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manu...

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22 Dec 2021 13:49

UPDATE 1-Mexico says U.S. government approves Deer Park refinery deal

(Adds details)MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manuel Lopez Obrador said on...

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22 Dec 2021 13:15

Mexico says U.S. government approves Deer Park refinery deal

MEXICO CITY, Dec 22 (Reuters) - The U.S. government has authorized the purchase by Petroleos Mexicanos (Pemex) of Royal Dutch Shell's controlling interest in a Texas oil refinery, Mexican President Andres Manuel Lopez Obrador said on Wednesday.Lo...

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21 Dec 2021 19:06

UPDATE 1-Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex

(Adds U.S. Treasury, CFIUS decline to comment)By Stefanie Eschenbacher and Gary McWilliamsMEXICO CITY/HOUSTON, Dec 21 (Reuters) - A pair of New York businessmen filed a lawsuit in a U.S. court seeking to block Mexico's state oil company Petroleos M...

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21 Dec 2021 18:32

Texas lawsuit by laundromat owners seeks to block Shell refinery sale to Pemex

By Stefanie EschenbacherMEXICO CITY/HOUSTON, Dec 21 (Reuters) - A pair of New York businessmen filed a lawsuit in a U.S. court seeking to block Mexico's state oil company Petroleos Mexicanos (Pemex) from taking control of a Texas refinery, claimin...

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