This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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For a more detailed explanation of Upgrades/Downgrades see Link
Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Stock | Broker Update |
| A.G.Barr | Numis downgrades to Hold from add |
| Admiral | Berenberg ups TP to 1080p from 1060p, sell |
| Amlin | Berenberg downgrades to sell from Hold |
| Barclays | Nomura cuts TP to 330p from 340p, Buy |
| Beazley | Berenberg cuts TP to 227p from 238p, Hold |
| Drax Group | Credit Suisse ups TP to 690p from 570p, neutral |
| Hiscox | Berenberg ups TP to 564p from 519p, sell |
| ICAP | UBS cuts TP to 330p from 340p, sell |
| Lancashire | Berenberg cuts TP to 747p from 817p, Hold |
| Lloyds Banking | JP Morgan ups TP to 84p from 77p, neutral |
| Smith & Nephew | UBS ups TP to 780p from 710p, neutral |
| Tate & Lyle | Investec cuts TP to 825p from 900p, Buy |
| Wolseley | Jefferies ups TP to 2510p from 2480p, underperform |
| WPP | HSBC ups to overweight from neutral; ups TP to 1500p from 1215p |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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