Shares in Genel Energy are up more than 5% as it reported output from the Tawke field totalled 39 million barrels in 2016. Genel holds a 25% working interest in Tawke.
Whitbread: HSBC reiterates Buy with a target price of 4800p
Genel Energy's shares fell on Tuesday as Canaccord Genuity cut its rating to 'hold' from 'speculative buy' and reduced the target price to 75p from 140p, saying the tough conditions of 2016 continue.
Tesco: HSBC reiterates buy with a target price of 260p.
Genel Energy noted an announcement from DNO ASA on Monday, which said - as operator of the Tawke field - that the Tawke field partners have received a payment of $30m from the Kurdistan Regional Government for oil sales during June 2016.
Poundland: HSBC reiterates hold with a target price of 222p.
Analysts at Barclays re-jigged their recommendations on European Exploration and Production companies in order to take into account the recent rise in crude oil prices and improved investor sentiment regarding companies´ ability to execute to plan operationally.
Genel Energy said the Taq Taq field partners have received a payment of $11.45m from the Kurdistan Regional Government for oil sales during April 2016.
Standard Chartered: Macquarie reiterates to outperform with a 440p target.
Ted Baker: Jefferies upgrades to buy with a 3000p target.
Genel Energy said on Monday that partners of the Taq Taq field have received a gross payment of $19.88m (£14m) from the Kurdistan Regional Government (KRG) for oil sales in March, with its share coming to $10.93m.
Eagle Eye Solutions: Panmure Gordon downgrades to hold with a target price of 163p.
Rightmove: Canaccord downgrades to hold with a target price of 4100p and Deutsche Bank reiterates hold with a target price of 3200p.
Moneysupermarket.com was given a boost on Tuesday as Canaccord Genuity lifted its target price to 352p from 342p and left its rating at 'hold' after the company reported a rise in full year profit and revenue.
Citigroup downgraded Genel Energy to 'neutral' from 'buy' and slashed the price target to 120p from 253p.
1445: MNI´s February Chicago manufacturing sector purchasing managers´ index declined 8.0 points to 47.6 (consensus: 52.8).
Analysts at Liberum cut their share price targets for a wide swathe of the London-listed oil sector after taking into account the sharp shift lower in futures prices over the last four months.
Equiniti: Barclays starts coverage at overweight with a 230p target price; Goldman starts at buy with a 260p target and Credit Suisse initiated.
1630:Close Stocks edged higher ahead of what was likely to be an eventful second half of the week. The Monetary Policy Committee was set to decide on interest rates on Thursday, followed by the latest US employment report on the next day. Shares in Meggitt paced gains on the back of positive broker commentary. The opposite was true for homebuilders, which were struck down by a gloomy analysis out of Liberum. StanChart dropped sharply after saying it would go cap in hand to shareholders again. Tullow Oil jumped, with supportive remarks from Citi possibly playing a hand. Three-month copper futures edged lower by 0.1% to reach $5,105 per metric tonne on the LME. FTSE 100 up 21.81 points to 6,383.61.
Oil and gas group Genel Energy has completed the sale of a 20% stake in the Chia Surkh project in Iraq to Turkish sector peer Petoil.