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Home / Upgrades / Downgrades / Upgrades / Downgrades

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Upgrades/Downgrades - 2 November 2016

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For a more detailed explanation of Upgrades/Downgrades see Link

Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained

Stock Ticker Broker New Rating Action Yday’s Close (p) Target (p) Action Distance to Target
Upgrades
Britivic BVIC JP Morgan Neutral 559.5 550 -2%
easyJet EZJ HSBC Buy 940.5 1150 22%
Ladbrokes Coral LCL Investec Add New 137.2 144 New 5%
NCC NCC N+1 Singer Buy 194.1 266 37%
Next NXT Peel Hunt Hold 4810 5000 4%
Paddy Power Betfair PPB Investec Hold 8595 9170 7%
Smiths Group SMIN HSBC Buy 1401 1700 21%
Downgrades
Aveva AVV Numis Add 1825 2050 12%
BP BP. Societe Generale Hold 462 500 8%
KAZ Minerals KAZ Peel Hunt Hold 285 275 -4%
Segro SGRO Goldman Sachs Neutral 427 510 19%

Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires

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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

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