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For a more detailed explanation of Upgrades/Downgrades see Link
Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Afren | RBC downgrades to sector perform from outperform; TP to 170p from 180p |
| Betfair Group | Panmure ups TP to 1317p from 1000p, Buy |
| Bwin.Party Digital Entertainment | Morgan Stanley downgrades to equal-weight from overweight; TP to 140p from 180p |
| F&C Commercial Property | Liberum ups TP to 120p from 109p |
| F&C UK Real Estate | Liberum ups to Buy from Hold, ups TP to 84p from 53p |
| Inmarsat | Morgan Stanley ups to overweight from equal-weight; TP to 820p from 740p |
| Petropavlovsk | HSBC cuts TP to 46p from 52p, underweight |
| Picton Property Income | Liberum ups to Buy from Hold, ups TP to 55p from 37p |
| Schroder Real Estate | Liberum ups TP to 47p from 36p, Hold |
| Serco | Jefferies cuts TP to 675p from 750p, Buy |
| Std Life Inv Prop Inc | Liberum downgrades to Hold from Buy, ups TP to 66p from 60p |
| UK Commercial Property | Liberum downgrades to sell from Hold |
| Vedanta Resources | Liberum ups to Buy rating |
| Vodafone | Jefferies ups TP to 216p from 179p, Hold |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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