- Bellway was upgraded to buy from neutral at UBS, with its target price cut to 801p from 808p.

Hill & Smith moved back to buy from neutral at Arbuthnot, target price 250p.

Morson started at Daniel Stewart with buy rating, 150p target price.

Burberry initiated with buy rating at Shore Capital.

Segro upped to neutral from reduce at Arbuthnot, target price rising to 25p from 20p.

Evolution initiates on FTSE100 Reits with buy for Hammerson, 360p price target. British Land is rated an add, target price 400p; Land Securities reduce, 460p, and Liberty International a sell, 387p.

Inmarsat upgraded to neutral from buy at BoA-Merrill Lynch, target price rising to 650p from 550p.

Morrisons raised to neutral from sell at Goldman Sachs, target price upped to 275p from 209p. But Morrisons also downgraded to neutral from overweight at JP Morgan, with target cut to 260p from 320p.

Go-Ahead Group downgraded to hold from add at RBS, target price cut to 1260p from 1460p.

Cadbury upped to add from reduce at Natixis.

HSBC upgraded to buy from neutral at Nomura.

Regus raised to hold from sell at KBC Peel Hunt.

Whitbread upgraded to hold from sell at KBC Peel Hunt.

Story provided by Business Financial Newswire