Best of the Brokers
OPTOS
Panmure Gordon has upgraded the retinal imaging firm to “buy” from “hold”after a strong trading statement. The broker has also raised its target price to 320p from 230p.
LLOYDS BANKING GROUP
Shore Capital has upgraded the bank from “hold” to “buy” with a target price of 53p, saying that central bank action and a softer regulatory stance has moderated risk.
INTERCONTINENTAL HOTELS
Investec has raised its target prcie to 1,950p from 1850p and retained its “buy” rating on the hotel group, ahead of an update on its American operations next Wednesday.