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Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Bank of Georgia | Panmure initiates with Buy rating; TP 2200p |
| British American Tobacco | Nomura cuts TP to 4012p from 4087p, Buy |
| Derwent London | Investec ups TP to 2360p from 2275p, add |
| Escher Group | Panmure ups TP to 456p from 410p, Buy |
| Hays | HSBC ups TP to 106P from 80P |
| Imperial Tobacco | Nomura cuts TP to 2386p from 2443p, reduce |
| Legal & General | Investec ups TP to 193P from 153P |
| Michael Page International | Jefferies cuts TP to 500p from 520p, Buy |
| Michael Page International | HSBC downgrades to neutral from overweight |
| WPP | Evercore partners initiates with overweight rating; TP 1250p |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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