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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 - 12 December 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
Biffa BIFF HSBC Buy New 174.75 220 26%
Paddy Power Betfair PPB Goldman Sachs Buy 8280 11400 38%
Sky SKY Berenberg Hold 1000 1075 8%
Sky SKY Liberum Hold 1000 1060 6%
Sky SKY Raymond James Market Perform 1000
Downgrades
Bodycote BOY Morgan Stanley Equalweight 624.5 630 1%
Daily Mail & Gen Trust DMGT Panmure Gordon Hold 804.5 835 4%
Old Mutual OML Barclays Equalweight 197.6 193 -2%
Polymetal International POLY RBC Capital Markets Sector perform 783 810 3%
Sky SKY Exane BNP Paribas Neutral 1000 1075 8%
William Hill WMH Goldman Sachs Sell 290.3 300 3%

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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