This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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For a more detailed explanation of Upgrades/Downgrades see Link
Key: (?) = Upgraded, (?) = Downgraded, (-) = Maintained
| Stock | Broker Update |
| Ashmore Group | UBS ups to Buy from neutral; ups TP to 430p from 390p |
| BAE Systems | JP Morgan cuts TP to 355p from 380p, underweight |
| BAE Systems | UBS cuts TP to 475p from 490p, Buy |
| Bank of Georgia Holdings | RBC ups TP to 2700p from 2150p, outperform |
| Carnival | UBS ups to Buy from neutral; ups TP to 2500p from 2100p |
| Electrocomponents | UBS adds to most preferred list in European support services, Buy |
| Heritage Oil | UBS ups TP to 220p from 200p, Buy |
| Merlin Entertainments | HSBC initiates with neutral; TP 360p |
| Serco | UBS ups TP to 505P from 480P, Buy |
| Serco | UBS removes from most preferred list in European support services |
| Serco | UBS ups TP to 505p from 480p, Buy |
| Synergy Health | N+1 singer downgrades to Hold from Buy; TP to 1200p from 1220p |
| Source: Reuters News, AlphaTerminal, Dow Jones Newswires | |
Source: Bloomberg, Reuters News, AlphaTerminal, Dow Jones Newswires
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