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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 - 22 January 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
Barclays BARC Berenberg Hold 186.15 200 7%
Close Brothers Group CBG Numis Buy 1266 1565 24%
Home Retail Group HOME Exane BNP Paribas Neutral 137.2 150 9%
EasyJet EZJ Commerzbank Hold 1630 1700 4%
Pearson PSON Societe Generale Buy 772 965 25%
Workspace Group WKP Numis Buy 818.5 1083 32%
Downgrades v
WPP Group WPP Natixis Neutral 1424 1400 -2%
Great Portland Estates GPOR Goldman Sachs Sell/attractive 746.5 850 14%
British Land BLND Goldman Sachs Neutral/attractive 715 905 27%
Marks & Spencer Group MKS Exane BNP Paribas Neutral 417.5 465 11%
Sky SKY Raymond James Underperform 1012 910 -10%

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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