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Thursday broker round-up UPDATE

Thu, 07th Feb 2013 07:14

African Barrick Gold: Deutsche Bank shifts target price from 415p to 410p, while its hold recommendation is maintained.Ashmore Group: Canaccord Genuity moves target price from 315p to 399p and upgrades to buy.Atkins: JP Morgan takes target price from 859p to 893p and reiterates an overweight rating.Avon Rubber: Investec raises target price from 390p to 420p and downgrades from hold to sell.B.P. Marsh & Partners: Panmure Gordon downgrades from buy to hold and reiterates a target price of 130p.British American Tabacco: Goldman Sachs ups target price from 4340p to 4410p and retains a buy recommendation.Compass Group: Bank of America moves target price from 865p to 885p keeping a buy rating.Daily Mail and General Trust: Barclays increases target price from 560p to 675p maintaining an equal-weight rating. HB Markets initiates with a buy recommendation. Exane BNP raises target price from 500p to 620p and upgrades to neutral.Dairy Crest Group: Panmure Gordon takes target price from 410p to 430p and downgrades from buy to hold. Peel Hunt raises target price from 420p to 440p keeping its buy recommendation.easyJet: Nomura revises target price from 913p to 1020p, while its buy recommendation remains unchanged.Eurasian Natural Resources: Deutsche Bank shifts target price from 560p to 562p keeping a buy recommendation.Experian: Barclays initiates with a target price of 1250p and an overweight rating.GlaxoSmithKline: Panmure Gordon shifts target price from 1500p to 1525p staying with its buy recommendation.Hargreaves Lansdown: Barclays raises target price from 800p to 850p and keeps an overweight rating. Citigroup moves target price from 640p to 675p reiterating a sell recommendation.ICAP: Canaccord Genuity cuts to sell with a target price of 300p.Imperial Tabacco Group: Goldman Sachs cuts target price from 2470p to 2440p and maintains a neutral rating.Lamprell: Citigroup ups target price from 100p to 160p, while keeping a neutral rating.Man Group: Bank of America lowers target price from 200p to 168p retaining a buy recommendation.McBride: Investec raises target price from 141p to 150p and keeps a buy recommendation.Playtech: Canaccord Genuity increases target price from 505p to 604p staying with its buy recommendation.Reed Elsevier: Deutsche Bank shifts target price from 730p to 740p and reiterates a buy recommendation.RusPetro: Bank of America reduces target price from 285p to 136p, while maintaining its buy recommendation.Smith & Nephew: Investec moves target price from 730p to 755p and downgrades from buy to add.SuperGroup: Bank of America raises target price from 750p to 800p and stays with its buy recommendation. Panmure Gordon ups target price from 750p to 788p leaving its buy recommendation unaltered.TUI Travel: Bank of America takes price target from 335p to 355p, while its buy recommendation is unchanged.Virgin Media: Espirito Santo downgrades to neutral with a target price of 3150p. Barclays ups target price from 2500p to 3050p, while leaving its overweight rating unchanged. Citigroup raises target price from 2300p to 2950p and maintains a neutral rating. Deutsche Bank shifts target price from 3154p to 3162p, while downgrading to hold.
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28 Mar 2014 11:39

TOP NEWS: Brit PLC Highlights Another Day Of IPOs

LONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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Capital & Counties Properties PLC said it has formed a joint venture with Transport for London that will al

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28 Mar 2014 08:35

UK MORNING BRIEFING: UK Consumer Confidence Rises; Aviva In US Sale

LONDON (Alliance News) - UK shares have opened higher Friday, as a consumer confidence survey has reinforced positive sentiment from strong UK retail sales figures released on Thursday.

British consumer confidence hit its highest level since August 2007 on upbeat general economic an

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28 Mar 2014 07:59

Ruspetro Renews USD30 Million Prepayment Facility With Glencore Xstrata

LONDON (Alliance News) - Ruspetro PLC Friday said it has signed a further crude oil prepayment facility with Glencore Energy UK Ltd, a subsidiary of Glencore Xstrata PLC, for USD30 million. The Russian oil and gas company said the deal renews and replaces its existing prepayment facility wh

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7 Mar 2014 10:17

Ruspetro Amends Option Agreement With Sberbank Capital

LONDON (Alliance News) - Ruspetro PLC Friday said it has agreed to amend the terms of its share option agreement with Sberbank Capital LLC, deferring the exercise period and raising the option price. The option agreement was initially signed on December 2 2011, prior to Ruspetro's initial p

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3 Mar 2014 11:25

London midday: Stocks hit two-week low on Ukraine concerns

- FTSE 100 at lowest intraday level since February 17th - Ukraine conflict escalates - Stocks with exposure to Ukraine, Russia hit - China manufacturing weakens techMARK 2,842.73 -2.13% FTSE 100 6,683.18 -1.86% FTSE 250 16,345.25 -2.28% UK stocks sank to their lowest levels in two weeks on Monday

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17 Jan 2014 10:36

Ruspetro 4th Quarter Average Daily Production Down 6.0% On 3rd Quarter

LONDON (Alliance News) - Ruspetro PLC Friday said average daily production for the fourth quarter was down 6.0% on the third quarter. The oil and gas development and production company which has operations located on three contiguous licence blocks in the middle of the Krasnoleninsk Arch in

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2 Jan 2014 14:52

DIRECTOR DEALINGS: RusPetro's Chairman Enters Sale And Repurchase Deal

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7 Nov 2013 13:08

Ruspetro Production Falls But Sales Increase In Third Quarter

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18 Oct 2013 14:54

DIRECTOR DEALINGS: Ruspetro Executive Chairman Transfers 11.43M Shares

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16 Sep 2013 13:15

RusPetro Signs Technical partnership With Schlumberger

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26 Jul 2013 10:19

Ruspetro flags EBITDA leap from major Russian oil tax tweak

Oil extraction specialist Ruspetro has revealed that its earnings before interest, tax, depreciation and amortisation (EBITDA) will be significantly enhanced by changes to Russian tax law on 'tight oil'. The small cap-listed company said new tax breaks applied to hard-to-extract 'tight oil' could i

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11 Jul 2013 08:23

Thursday broker round-up UPDATE

Afren: JP Morgan reduces target price from 195p to 165p and downgrades to underweight. Associated British Foods: Panmure Gordon increases target price from 1800p to 2100p upgrading from hold to buy. AVEVA Group: JP Morgan ups target price from 2300p to 2430p and retains a neutral rating. Aviva: M

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14 May 2013 15:48

Ruspetro CEO keeps the faith

Donald Wolcott, Chief Executive Officer of Ruspetro, the oil and gas producer, has acquired 502,947 shares taking his total holding in the company to 12.79m. The director bought the shares at 42.5p each, costing a total of £213,702. The group last month said that it is planning to restructure it

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3 Apr 2013 16:05

Prudential Chairman keeps the faith

Paul Manduca, the Chairman of Prudential, the FTSE 100 life insurance company, this week showed his faith in the company with the purchase of 20,000 shares following a hefty fine levied by the Financial Services Authority (FSA) at the end of March. Manduca, who became Chairman in July of last year

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27 Mar 2013 16:50

Ruspetro President boosts stake

Russia-focused oil and gas group Ruspetro surged on Wednesday after its President spent over 100,000 pounds-worth of shares, yet shares are still well off levels seen last year after a tough period for the company. Ruspetro, which operates mainly in the Khanty-Mansiysk region of the West Siberian b

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