ITV shares soared after Nomura raised its target price on the stock to 130p from 125p before.

WPP Group also got a boost after Morgan Stanley increased its target price from 912p to 1090p and retained an equal-weight rating.

Mining giant Anglo American was a high riser this morning despite recording $4.6bn of impairment charges in 2012. However, while underlying earnings took a hit from falling commodity prices, ongoing cost pressures and a loss-making platinum business, they still managed to beat consensus forecast.

Analysts at Jefferies said that they are "becoming more positive on Anglo shares", adding that the worst could now be over. They also said that "there is a possibility that the merged Glenstrata attempts to acquire the company at some point".

Sector peers Randgold and Fresnillo were heading the other way after Citigroup cut its ratings for both stocks to 'sell' and reduced target prices.

Similarly, sweeteners and food products firm Tate & Lyle was hit after Exane BNP Paribas lowered its rating to 'neutral'.


FTSE 100 - Risers
ITV (ITV) 117.20p +3.35%
WPP (WPP) 1,045.00p +2.55%
Aggreko (AGK) 1,681.00p +2.44%
ARM Holdings (ARM) 944.00p +2.05%
Tullow Oil (TLW) 1,265.00p +2.02%
Anglo American (AAL) 2,049.50p +1.81%
Reckitt Benckiser Group (RB.) 4,485.00p +1.70%
Capita (CPI) 833.00p +1.59%
Shire Plc (SHP) 2,059.00p +1.58%
Bunzl (BNZL) 1,201.00p +1.52%

FTSE 100 - Fallers
Fresnillo (FRES) 1,561.00p -5.68%
Randgold Resources Ltd. (RRS) 5,560.00p -4.14%
Amec (AMEC) 1,019.00p -2.21%
Pearson (PSON) 1,183.00p -1.99%
Tate & Lyle (TATE) 786.00p -1.93%
Polymetal International (POLY) 1,006.00p -1.57%
IMI (IMI) 1,163.00p -1.44%
Tesco (TSCO) 365.30p -1.42%
Sainsbury (J) (SBRY) 332.40p -1.01%
CRH (CRH) 1,397.00p -0.85%

NR

Related share prices
Anglo American (AAL) share price
WPP (WPP) share price
Tate & Lyle (TATE) share price
ITV (ITV) share price
Fresnillo (FRES) share price