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Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Stock | Broker Update |
| Associated British Foods | Citigroup ups TP to 3000p from 2350p, neutral |
| BP | Cowen and Company initiates with market perform rating, with TP of $52 |
| Daily Mail and General Trust | Jefferies ups TP to 1016p from 800p, Buy |
| Direct Line Insurance | Berenberg ups TP to 254p from 230p, Hold |
| Easyjet | JP Morgan ups TP to 1,965p from 1,725p, overweight |
| Firstgroup | Liberum ups TP to 155p from 160p, Buy |
| Firstgroup | JP Morgan cuts TP to 156p from 165p, overweight |
| Greene King | JP Morgan cuts TP to 940p from 960p, neutral |
| Heritage Oil | UBS cuts TP to 300p from 325p, Buy |
| HSBC Holdings | Investec downgrades to Hold from Buy; TP to 640p from 745p |
| Marston’s | JP Morgan cuts TP to 155p from 180p, neutral |
| Mitchells & Butlers | JP Morgan ups to overweight from neutral, ups TP to 530p from 460p |
| Polymetal International | Citigroup cuts TP to 450p from 452p, sell |
| Restaurant Group | JP Morgan ups TP to 755p from 750p, overweight |
| Royal Dutch Shell | Cowen and Company initiates with market perform rating, with TP of $78 |
| Severn Trent | UBS ups TP to 1885p from 1825p, neutral |
| Standard Life UK Smaller Companies Trust | Bernstein ups to market-perform from underperform |
| Tullow Oil | UBS ups to Buy from neutral, cuts TP to 900p from 925p |
| United Utilities | UBS ups TP to 775p from 750p, neutral |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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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