Best of the Brokers
LLOYDS BANKING GROUP
UBS upped the bank’s target to 46p, from 44p, citing “solid progress and improving momentum.” But analysts kept their rating at “neutral”.
DIAGEO
Nomura boosted its target from 2000p to 2100p on predictions that slashed Indian import tariffs could boost profits on whisky sales by $400m (£252m) – and Diageo is in a good place to benefit.
LAND SECURITIES
Espirito Santo warned that the property investment group’s retail portfolio was a drag on net asset value growth and cut its fair value assessment from 818p to 800p with a “neutral” rating.