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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 - 15 August 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
Cairn Energy CNE Stifel Buy 191.2 220 15%
Electrocomponents ECM Stifel Buy 302.7 340 12%
Hurricane Energy HUR Finncap Buy New 23 50 New 117%
New River Retail NRR Barclays Overweight New 310 350 New 13%
Ophir Energy OPHR Stifel Hold 70.25
Persimmon PSN JP Morgan Overweight 1712 1950 14%
Rockhopper Exploration RKH Stifel Hold 30.55
Soco International SIA Stifel Hold 150.5
Downgrades
Cobham COB Barclays Equalweight 161.8 183 13%
Countryside Properties CSP JP Morgan Neutral 242.8 250 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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