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Broker News & Views

Broker News & Views

Societe Generale upgrades SABMiller from hold to buy, target raised from 2,600p to 2,800p. HB Markets downgrades Halfords Group from hold to sell.

Investec downgrades ITV from hold to sell, target price cut from 90p to 60p.

Alphavalue downgrades United Utilities Group from reduce to sell, target price cut from 579.2p to 571.1p.

Panmure Gordon upgrades Harvey Nash Group from hold to buy, target price raised from 63p to 64p.

Cheuvreux downgrades Logica from outperform to underperform, target price 105p.

Peel Hunt upgrades Informa from hold to buy, target price unchanged at 457p.

JP Morgan Cazenove upgrades Quintain Estates & Development from neutral to overweight.

JP Morgan Cazenove downgrades Local Shopping Centres REIT from neutral to underweight.

Jeffries reiterates buy rating and 525p target price on BP.

At 2:52pm:

(LON:HFD) Halfords Group share price was -1.25p at 240.65p

(LON:HVN) Harvey Nash Group share price was +6.25p at 54.25p

(LON:ITV) ITV share price was -3.05p at 69.85p

(LON:SAB) SABMiller share price was -30.5p at 2364.5p

(LON:UU.) United Ulilities share price was +7.25p at 664.25p

Story provided by StockMarketWire.com

01/06/2012