<strong>ADMIRAL</strong><br />Credit Suisse said that Admiral is ideally positioned to take advantage of the improving price conditions in the UK personal car market and upgraded the stock from “neutral” to “outperform” with a target price of 1,097p. The broker said the firm offers a defensive alternative within the insurance sector.<br /><br /><strong>DSG INTERNATIONAL</strong><br />JP Morgan upgraded its earnings per share estimates by 17 per cent for 2010 and one per cent for 2011. But the broker believes that the group looks set to become increasingly reliant on taking market share in a very competitive UK market. The analysts rate the stock “underweight” and decrease the price target to 10p from 35p.<br /><br /><strong>CHRYSALIS GROUP</strong><br />The acquisition of the Richard Marx catalogue was flagged at the recent Interims, said Investec, and looks sensible in the broker’s view given access to funding and the desire to add critical mass to Chrysalis’ own rights portfolio. Investec said that earnings per share should be significantly enhanced and rates the stock “buy”.