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Home / Upgrades / Downgrades / Upgrades / Downgrades

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Upgrades/Downgrades - 30 January 2017

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For a more detailed explanation of Upgrades/Downgrades see Link

Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained

Stock Ticker Broker New Rating Action Yday’s Close (p) Target (p) Action Distance to Target
Upgrades
Chemring CHG Canaccord Genuity Buy 194.75 210 8%
DCC DCC Goldman Sachs Buy 6190 7400 20%
IG Group IGG Shore Capital Hold 539.5
National Grid NG. RBC Capital Markets Outperform 922.2
Renishaw RSW N+1 Singer Hold 2844 2923 3%
Robert Walters RWA Credit Suisse Outperform New 362 435 20%
Royal Bank of Scotland RBS Oddo & Cie Buy New 231.8 245 New 6%
Synthomer SYNT Berenberg Buy 434.8 505 16%
United Utilities UU. RBC Capital Markets Sector perform 899.5 1000 11%
Downgrades
Aggreko AGK Deutsche Bank Hold 1059 1050 -1%
Barclays BARC Berenberg Sell 230.6 200 -13%
Diageo DGE Liberum Sell 2244 2000 -11%
Drax Group DRX RBC Capital Markets Underperform 381.9 320 -16%
easyJet EZJ Cantor Fitzgerald Hold 974 1150 18%
Highland Gold HGM Numis Add 177.5 190 7%
UBM UBM Societe Generale Hold 714.5 775 8%

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.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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