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Monday broker round-up UPDATE

Mon, 04th Aug 2014 10:10

Afren: Canaccord Genuity reinstates with a target price of 120p and a hold recommendation.Bodycote: N+1 Singer cuts target price from 850p to 835p, while staying with its buy recommendation.BT Group: Berenberg moves target price from 460p to 475p and maintains a buy recommendation. Espirito Santo ups target price from 455p to 480p and reiterates a buy recommendation.Devro: N+1 Singer ups target price from 211p to 257p keeping a hold recommendation.Direct Line Group: Canaccord Genuity ups target price from 275p to 305p and keeps a buy recommendation. Credit Suisse increases target price from 277p to 305p and leaves its neutral rating unaltered.Elementis: Jefferies lowers target price from 314p to 300p keeping its buy recommendation.European Islamic Investment Bank: Westhouse Securities places both its target price (prev.: 350p) and its buy recommendation under review.e2v technologies: Investec moves target price from 215p to 225p keeping a buy recommendation.Fidessa: Numis upgrades from add to buy with a target price of 2720p.First Quantum Minerals: Numis raises target price from 1300p to 1500p, while downgrading from add to hold.Genel Energy: UBS cuts target price from 1120p to 1100p and downgrades from buy to neutral.Glencore Xstrata: Bank of America downgrades to underperform with a target price if 320p.Hiscox: Berenberg reduces target price from 706p to 683p, while leaving its hold recommendation unchanged.JKX Oil & Gas: Oriel lowers target price from 110p to 100p keeping a buy recommendation.Jupiter Fund Management: Berenberg reduces target price from 430p to 390p and retains a hold recommendation.Kazakhmys: Canaccord Genuity ups target price from 265p to 295p, but still recommends selling.Man Group: Citi shifts target price from 111p to 112p and maintains a neutral rating. Canaccord Genuity places its target price under review, while leaving its buy recommendation unchanged. Numis shifts target price from 74p to 75p and keeps a sell recommendation.New World Resources: Citi upgrades from sell to neutral, while placing its target price under review.PZ Cussons: Numis ups target price from 352p to 386p retaining a hold recommendation.Renew Holdings: WH Ireland ups target price from 335p to 360p and maintains a buy recommendation. Numis upgrades from add to buy with a target price of 280p.River & Mercantile: Numis initiates with a target price of 235p and an add rating.Royal Dutch Shell: Credit Suisse raises target price from 2600p to 2700p and stays with its outperform rating.Senior: Investec places both its target price (prev.: 290p) and its add rating under review.Spectris: N+1 Singer reduces target price from 2300p to 2050p and maintains a hold recommendation.Smith & Nephew: Credit Suisse raises target price from 890p to 945p and keeps a neutral rating.TSB Banking Group: UBS initiates with a target price of 330p and a buy recommendation.UBM: Nomura cuts target price from 720p to 670p reiterating a neutral rating. Berenberg reduces target price from 720p to 670p staying with its hold recommendation.Vesuvius: Morgan Stanley shifts target price from 420p to 426p maintaining an underweight rating.Zoopla Property Group: Canaccord Genuity initiates with a target price of 271p and a hold recommendation.
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2 Dec 2021 18:54

UPDATE 2-Shell scraps plans to develop Cambo North Sea oilfield

(Adds detail)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to ...

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2 Dec 2021 18:54

UPDATE 1-Shell scraps plans to develop Cambo North Sea oilfield

(Adds Siccar Point statement, background)LONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain's devel...

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2 Dec 2021 18:54

UPDATE 3-Shell scraps plans to develop Cambo North Sea oilfield

(Adds investor comment)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists s...

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2 Dec 2021 18:02

Shell and partner scrap plans to develop North Sea oilfield

LONDON, Dec 2 (Reuters) - Royal Dutch Shell and Siccar Point have decided not to go ahead with the development of the Cambo oilfield in the British North Sea due to a weak economic case, Shell said on Thursday."After comprehensive screening of the...

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2 Dec 2021 17:05

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

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2 Dec 2021 12:03

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

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2 Dec 2021 10:08

UPDATE 2-European stocks fall as Omicron worries rattle investors

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 gives back a chunk of Wednesdays gains* Apple suppliers hit by report on slowing demand* Vifor Pharma surges on takeover speculat...

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2 Dec 2021 08:31

SSE and Equinor to proceed with $4 bln Dogger Bank C offshore wind farm

OSLO, Dec 2 (Reuters) - British utility SSE and Norwegian energy company Equinor have secured financing to proceed with the construction of the 3 billion pound ($3.98 billion) Dogger Bank C offshore wind farm in Britain, the companies said on Thu...

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2 Dec 2021 07:03

Shell launches $1.5bn buyback from Permian sale

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1 Dec 2021 12:10

German oil lobby seeks net zero CO2 emissions by 2045

FRANKFURT, Dec 1 (Reuters) - Germany's oil industry will aim for net zero carbon emissions by 2045, moving away from fossil fuel to low carbon products such as biofuels and renewable energy-derived hydrogen, the industry's lobby group en2x said on...

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1 Dec 2021 12:10

LONDON MARKET MIDDAY: IAG and Whitbread lead Omicron rebound

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1 Dec 2021 08:54

LONDON MARKET OPEN: Omicron fears ease again but uncertainty lingers

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30 Nov 2021 17:33

UPDATE 3-U.S. security review stalls sale of Shell Texas refinery to Mexico's Pemex

(Updates with comment from congressman critical of sale)By Erwin SebaHOUSTON, Nov 30 (Reuters) - A U.S. national security review has delayed the sale of Royal Dutch Shell's controlling interest in a Texas refinery to Mexico's national oil company, ...

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