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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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21 Dec 2021 12:00

Oman's gas project for block 10 in Saih Rawl filed is expected to reach production of 0.5 bln cubic feet per day - ministry

Cairo, Dec 21 (REUTERS) - Oman's energy ministry said on Tuesday that the gas project for block 10 in the Saih Rawl gas field is expected to reach production of 0.5 billion cubic feet of gas per day.It added on Twitter that the project start up is...

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21 Dec 2021 09:41

UPDATE 2-European shares rebound from Monday sell-off as energy stocks, miners jump

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* ING to quit French retail banking business* Sanofi's $1 bln Amunix buyout to add to drugmaker's pipeline* European chipmakers rise on Micr...

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20 Dec 2021 11:27

Britain consults on climate checks for new oil and gas licences

LONDON, Dec 20 (Reuters) - Britain on Monday called for views on potential checks for new oil and gas licences to assess whether projects are in line with the country’s climate commitments.Britain has a target to reach net zero emissions by 2050 a...

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20 Dec 2021 09:54

UPDATE 2-UK shares fall as Omicron concerns hit commodity, travel stocks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Standard Chartered fined $61.51 mln for regulatory lapses* Oil, metal prices fall as Omicron fuels demand worries* FTSE 100 down 1.0%, FTSE...

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17 Dec 2021 17:04

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

LONDON MARKET CLOSE: FTSE 100 outperforms Europe as Omicron cases rise

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17 Dec 2021 16:35

UPDATE 4-Brazil's oil auction raises $2 billion as Total, Shell pile in

(Adds comments from analyst, TotalEnergies)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Malaysia's Petronas and Qatar Energy on Friday scooped up big offshore field...

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17 Dec 2021 16:35

UPDATE 3-Brazil's offshore field raise $2 billion as Total, Shell pile in

(Adds details on production, updates share prices)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - France's TotalEnergies , Royal Dutch Shell, Petrobras, Malaysia's Petronas and Qatar Energy scooped up big offsho...

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17 Dec 2021 16:35

UPDATE 2-Total, Shell pile into Brazil's offshore fields in $2 billion sale

(Adds details on bids, adds analyst comment)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - TotalEnergies SE , Royal Dutch Shell PLC, Petrobras, Petronas and Qatar Energy scooped up two blockbuster offshore fiel...

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17 Dec 2021 16:35

UPDATE 1-Foreign oil firms pile into Brazil's offshore fields in $2 billion sale

(Updates with results of auction)By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - Petrobras, Petronas, TotalEnergies SE, Royal Dutch Shell and Qatar Energy scooped up two blockbuster offshore fields in Brazil on ...

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17 Dec 2021 11:24

Just Eat adds Asda to platform, first UK partnership in grocery sector

Just Eat adds Asda to platform, first UK partnership in grocery sector

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17 Dec 2021 11:00

Top oil majors set for 2nd shot at coveted Brazil 'pre-salt' offshore fields

By Gram Slattery, Marta Nogueira and Sabrina ValleRIO DE JANEIRO, Dec 17 (Reuters) - The world's top oil majors will compete in Brazil on Friday for the chance to snatch up some of the world's most coveted offshore oilfields, a test of the nation'...

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17 Dec 2021 09:52

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

IN BRIEF: Smart Metering extends exclusivity agreement with Shell

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17 Dec 2021 07:59

Just Eat strikes first British grocery deal with Asda

AMSTERDAM, Dec 17 (Reuters) - Just Eat Takeaway.com said on Friday it had struck a deal with British supermarket group Asda to sell groceries through its delivery platform.The deal, Just Eat's first with a major British supermarket chain, comes a...

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17 Dec 2021 07:51

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit

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16 Dec 2021 22:13

UPDATE 3-Royal Dutch Shell confirms delay in sale of Texas refinery to Mexico's Pemex

(Adds bakground from Pemex source)By Stefanie Eschenbacher and Erwin SebaMEXICO CITY/HOUSTON, Dec 16 (Reuters) - Royal Dutch Shell on Thursday confirmed a Reuters report that the sale of its controlling interest in a Texas refinery to Mexican state...

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