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Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
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| Debenhams | Citigroup downgrades to neutral from Buy; TP to 83p from 123p |
| Derwent London | UBS ups TP to 2300p from 2150p, neutral |
| Hilton Food Group | Numis downgrades to Hold from add |
| International Consolidated Airlines | Citigroup ups TP to 2.80 euros from 2.70 euros, neutral |
| Intertek Group | Citigroup ups TP to 3940p from 3150p, Buy |
| Intertek Group | JP Morgan ups TP to 3840p from 3267p, overweight |
| MAN Group | Jefferies downgrades to underperform from Hold |
| Millennium & Copthorne | JP Morgan downgrades to neutral from overweight |
| National Grid | UBS ups TP to 765p from 700p, Buy |
| Ophir Energy | Nomura cuts TP to 727p from 750p, Buy |
| Pace | Jefferies ups TP to 263p from 230p, Buy |
| Ultra Electronics Holdings | JP Morgan ups TP to 1900p from 1820p, neutral |
| WPP | Berenberg bank downgrades to sell from Hold; ups TP to 1050p from 850p |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
T111his research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research