Broker News & Views
By BFN News | 02:08 PM | Friday 23 March, 2012
Citigroup downgrades Randgold Resources from buy to neutral, target price cut from 8,884p to 6,527p. Barclays Capital initiates overweight on Britvic.
Societe Generale downgrades Kingfisher from buy to hold.
Morgan Stanley upgrades WPP Group from equal weight to overweight, target price raised from 737p to 1050p.
Oriel Securities initiates hold on Reckitt Benckiser, target price 3600p.
Goldman Sachs downgrades Persimmon from buy to neutral, target price raised from 626p to 740p.
Panmure Gordon upgrades Regus from hold to buy, target price raised from 110p to 140p.
Numis initiates buy on WYG, target price 66p.
Barclays Capital initiates equal weight on AG Barr.
HSBC downgrades Michael Page International from overweight to neutral, target price raised from 440p to 525p.
Investec downgrades Bunzl from buy to hold, target price unchanged at 1025p.
Investec initiates hold on Circle Holdings.
N + 1 Brewin downgrades Mytrah Energy from hold to sell, target price 98p.
Morgan Stanley upgrades Essar Energy from equal weight to overweight, target price raised from 160p to 225p.
(LON:BVIC) share price was +6.75p at 385.05p
(LON:KGF) Kingfisher share price was +3p at 310.4p
(LON:RB.) Reckitt Benckiser share price was +24p at 3554p
(LON:RRS) Randgold Resources share price was -262.5p at 5502.5p
(LON:WPP) WPP Group share price was -1.5p at 860p
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