UK broker ratings

Create account

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

19 June 2013

Listed below are details of selected companies that have undergone a ratings change today. Click on the link below to view a PDF of today's UK Broker Ratings.

Pdfs require Adobe Reader, which is available free from Adobe.

Upgrade

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Lamprell Neutral 164 14.5% JPMorgan

Maintain

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Tullow Oil Outperform 1760 69.2% Sanford C. Bernstein & Co
Premier Oil Outperform 590 66.9% Sanford C. Bernstein & Co
BG Group Outperform 1800 51.5% Sanford C. Bernstein & Co

New rating

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Ferrexpo Buy 215 40.6% Investec

Downgrade

Company Rating Target Price Potential Upside/ Downside Contributing Broker
Lancashire Holdings Ltd Neutral 800 6.8% JPMorgan
Pennon Group Sector Perform 650 0.6% RBC Capital Markets
Severn Trent Underperform 1580 -7.1% RBC Capital Markets

Source: Bloomberg (19 June 2013)

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

Disclaimer

IG provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of the above information. Consequently any person acting on it does so entirely at his or her own risk. The research does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. This communication must not be reproduced or further distributed.

Spread bets are leveraged products. Spread betting may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.