Broker News & Views

Standard Chartered downgraded to neutral from buy at BA-Merrill Lynch, target down to 2,050p from 2,200p. Rentokil Initial downgraded to underweight at JP Morgan.

Prudential upgraded to overweight from equal-weight at Morgan Stanley, TP raised to 802p from 753p.

Ashtead upgraded to buy from add at Evolution, target price rising to 200p from 160p.

AZ Electronic Materials started with buy rating at SocGen, target price 324p.

Bank of Ireland downgraded to underweight from equal-weight at Morgan Stanley, target price cut to €0.40 from €0.85.

Cape initiated with buy rating, 450p price target, at Shore.

Centamin Egypt cut to add from buy at Numis, target price 200p down from 210p.

Enterprise Inns upgraded to neutral from sell at UBS, target price raised to 110p from 95p.

HMV downgraded to hold from buy at Citigroup, target price slashed to 35p from 80p. Also downgraded to hold from buy at KBC Peel Hunt, target price 40p versus 80p.

Imagination Technologies downgraded to reduce from hold ay Numis, target price 310p.

Lupus Capital started with buy rating and 140p target price at Liberum.

New World Resources upgraded to buy from neutral at BA-Merrill Lynch, TP 1000p up from 850p.

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