Broker Recommendations

Broker snap: UBS upgrades Premier Oil after recent sell-off

Date: Thursday 31 May 2012

UBS has upgraded its rating for FTSE 250 oil and gas group Premier Oil from neutral to buy, saying that the recent underperformance has been 'overdone'.

"Premier Oil has been hit hard in the recent sell-off, and has underperformed the E&Ps [explorers and producers] by 28% over the...

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