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For a more detailed explanation of Upgrades/Downgrades see Link
Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Company name | Broker | New Rating | Price | Action | Target | Dist. to Target |
| Beazley | Berenberg | Buy | 550.5 | Upgrades | – | – |
| Drax | AlphaValue | Add | 348.6 | Upgrades | – | – |
| Ferrexpo | Liberum Capital | Hold | 188.2 | Upgrades | 185 | -2% |
| Fresnillo | Numis | Buy | 1037.5 | Upgrades | 1450 | 40% |
| GlaxoSmithKline | Shore Capital | Buy | 1500.7 | Upgrades | – | – |
| Intermediate Capital | Numis | Buy | 1093.0 | Upgrades | 1400 | 28% |
| Lancashire Holdings | Numis | Buy | 536.3 | Upgrades | 765 | 43% |
| PageGroup | Credit Suisse | Neutral | 609.5 | Upgrades | 600 | -2% |
| Rio Tinto | AlphaValue | Reduce | 4162.0 | Upgrades | 4303 | 3% |
| Tyman | Numis | Add | 347.3 | Upgrades | 370 | 7% |
| Aggreko | AlphaValue | Add | 730.2 | Downgrades | 841 | 15% |
| ASOS | Investec | Sell | 6249.0 | Downgrades | 5631 | -10% |
| Hammerson | Morgan Stanley | Equal weight | 509.1 | Downgrades | 565 | 11% |
| Howden Joinery | Numis | Hold | 496.25 | Downgrades | 512 | 3% |
| Informa | Kepler Cheuvreux | Hold | 812.1 | Downgrades | 810 | 0% |
| Mccoll’s Retail | Liberum Capital | Hold | 168.5 | Downgrades | 190 | 13% |
| Segro | Numis | Hold | 660.8 | Downgrades | 681 | 3% |
| Stagecoach | Canaccord Genuity | Hold | 161.9 | Downgrades | 171 | 6% |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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