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Upgrades/Downgrades - 6 March 2014

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Stock Broker Update
Admiral Berenberg ups TP to 1090p from 1080p, sell
African Barrick Gold Investec ups TP to 206p from 132p, sell
Aggreko UBS cuts TP to 1550p from 1680p, neutral
Ashmore Group Berenberg cuts TP to 350p from 375p, Hold
AstraZeneca UBS ups TP to 4600p from 4150p, Buy
Aviva JP Morgan ups TP to 528p from 491p, overweight
Devro JP Morgan downgrades to neutral from overweight; TP to 297p from 357p
Grafton Group Citigroup ups TP to 625p from 550p, sell
International Airlines Group UBS ups TP to 495p from 475p, Buy
Lookers Liberum ups TP to 170p from 150p, Buy
Polyus Gold International JP Morgan cuts TP to 190p from 230p, neutral
Rentokil Initial Cantor Fitzgerald ups TP to 160p from 140p, Buy
Shire UBS ups TP to 3450p from 3180p, neutral
SOCO International Morgan Stanley cuts TP to 385p from 410p, underweight
Wolseley Morgan Stanley ups TP to 3625p from 3575p, overweight
Source: Reuters News, AlphaTerminal, Dow Jones Newswires

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.

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