UK Broker Ratings

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UK Broker Ratings

Our UK broker ratings report, updated twice per day, helps you identify and track FTSE- and AIM-listed companies affected by a ratings change today.

03/02/12 (14:00)

Listed below are details of selected companies that have undergone a ratings change today. Click on the attached PDF to see the full list.

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Company Rating Target Price Potential Upside/ Downside Contributing Broker
Debenhams Overweight 88 25.3% HSBC
Xstrata Neutral 1200 -4.6% Exane BNP Paribas

Maintain

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Frontier Mining Ltd Buy 10 183.7% XCAP Securities Limited
Max Petroleum Buy 25.7 139.1% Otkritie Brokerage House
Kenmare Resources Top Pick 90 84% RBC Capital Markets

New Rating

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Cluff Gold Buy 126 37% Oriel Securities Ltd
Kazakhmys Buy 1500 27.4% VTB Capital
Aureus Mining Inc Buy - - Investec

Source: Bloomberg (03 February 2012)

Ratings definitions:

  • Outperform or overweight: the contributing broker predicts the share price of a security will perform better than a specific benchmark
  • Underperform or underweight: a security will fare worse than a specific benchmark
  • Upgrade and downgrade: a broker's last rating
  • Maintain: a broker has maintained or reiterated a recommendation
  • New rating: an analyst has initiated coverage on a stock
  • Neutral or in-line recommendation: the broker expects a security's share price to match the performance of a benchmark
  • Price target: the value a contributing broker expects the share price to reach (generally within a 12-month period). Recommendations are not always accompanied by a price target
  • Last price: the market share price at the time of writing the update
  • Potential upside/downside: the 'potential' percentage gain or loss that could result if a contributing broker's price target is reached. The percentage gain or loss is calculated based on the last price
  • Contributing broker: refers to the investment management firm providing the recommendation and price target

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