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Thursday broker round-up UPDATE

Thu, 30th Oct 2014 08:36

Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation.Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lowers target price from 717p to 704p and keeps a hold recommendation.Balfour Beatty: Jefferies cuts target price from 164p to 115p, downgrading to underperform.Cairn Energy: Deutsche Bank cuts target price from 210p to 185p and stays with its hold recommendation.Coal of Africa: Investec lowers target price from 9p to 6p, retaining its buy recommendation.Capita Group: JP Morgan reduces target price from 1315p to 1255p, maintaining an overweight rating. HSBC reduces target price from 1340p to 1260p and reiterates an overweight rating.Coca-Cola HBC: JP Morgan reduces target price from 1640p to 1500p and retains an overweight rating.Genel Energy: Deutsche Bank reduces target price from 1120p to 1000p, maintaining a buy recommendation.Gulf Keystone Petroleum: Deutsche Bank lowers target price from 100p to 85p, while keeping its buy recommendation.Imagination Technologies: Numis cuts target price from 200p to 170p, downgrading from hold to reduce.Kazakhmys: Westhouse upgrades from sell to neutral with a target price of 220p.Mothercare: Numis upgrades from hold to add with a target price of 200p.National Express: Investec cuts target price from 276p to 250p and retains a hold recommendation.Next: Citi reduces target price 7900p to 7300p and reiterates a buy recommendation. HSBC upgrades to overweight with a target price of 7350p.Pearson: Credit Suisse raises target price from 1260p to 1370p and maintains an outperform rating.Premier Oil: Deutsche Bank reduces target price from 420p to 335p and keeps a buy recommendation.Royal Dutch Shell: Charles Stanley upgrades to buy.Stagecoach: HSBC ups target price from 420p to 440p and keeps its overweight rating.Standard Life: Deutsche Bank lowers target price from 455p to 445p and leaves its buy recommendation unchanged.Synthomer: HSBC lowers target price from 230p to 220p and stays with its neutral rating.Tullow Oil: Deutsche Bank reduces target price from 790p to 650p and reiterates a hold recommendation.William Hill: Credit Suisse ups target price from 370p to 390p and leaves its outperform rating.
More News
23 Nov 2021 09:15

UPDATE 1-Shell halves Singapore refining capacity, to change chemical feedstock

* Pulau Bukom refinery capacity cut by half* Shell tests pyrolysis oil, bionaphtha feedstock* Company considers carbon capture, biofuels (Recasts, adds detail, quotes)By Florence TanSINGAPORE, Nov 23 (Reuters) - Royal Dutch Shell has halved https:/...

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21 Nov 2021 19:52

UPDATE 2-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds comment from Shell paras 5,6)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian inves...

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21 Nov 2021 19:52

UPDATE 1-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds detail on deal, quote)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian investment m...

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21 Nov 2021 19:36

NZ's Meridian Energy sells Australia energy unit for $528 mln to Shell-consortium

Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to global energy giant Royal Dutch Shell and Australian investment manager Infrastructure Capital Group.The agr...

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19 Nov 2021 09:48

UPDATE 2-British shares log weekly loss as commodity, travel stocks weigh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Travel stocks slammed by lockdown fears* UK retail sales rise by 0.8% in October* Kingfisher slips as Q3 sales drop* FTSE 100 down 0.5%, FT...

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19 Nov 2021 07:48

REFILE-UPDATE 1-Ryanair drops London listing, citing costs

(Fixes headline)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The ...

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19 Nov 2021 07:48

UPDATE 1-Ryanair drops London Stock Exchange, citing dual listing costs

(Adds details)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The Ir...

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18 Nov 2021 16:15

UPDATE 1-Oil shares dip as Asian nations consider releasing oil reserves

(New throughout, updates prices, market activity and comments)By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-...

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18 Nov 2021 13:39

Oil shares dip as Asian nations consider releasing oil reserves

By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-week lows, curbing enthusiasm for one of the best performing ...

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18 Nov 2021 13:16

Shell acquires 51% stake in Irish floating offshore wind project

LONDON, Nov 18 (Reuters) - Royal Dutch Shell said on Thursday it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.Shell bought the stake in the Western...

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18 Nov 2021 12:50

GLOBAL MARKETS-Stocks shine once again, Turkey's lira plunges on rate cut

* Brent crude under pressure at $80* Turkish currency drops as cenbank cuts rates* Dollar, stocks pause after hot November so far* European gas prices consolidate 60% surge this month* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn* Graph...

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18 Nov 2021 12:10

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

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17 Nov 2021 16:02

UPDATE 2-U.S. Gulf of Mexico auction attracts pent up demand from oil drillers

(Adds sale results)By Nichola GroomNov 17 (Reuters) - The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offs...

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17 Nov 2021 16:02

UPDATE 1-U.S. offshore oil auction begins under court order, shadow of climate deal

(New throughout, adds statistics released prior to the sale, details on bidders)By Nichola GroomNov 17 (Reuters) - The Biden administration on Wednesday kicked off an auction of oil drilling rights to 80 million acres in the U.S. Gulf of Mexico da...

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17 Nov 2021 16:02

UPDATE 3-Chevron, Exxon are among top spenders at Biden offshore auction

(Recasts, adds industry and environmentalist comments, details from sale, Biden FTC letter)By Nichola GroomNov 17 (Reuters) - U.S. oil majors Exxon Mobil Corp and Chevron Corp were among the top buyers at a federal auction of oil leases in the U.S...

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