Poundland: Morgan Stanley lifts target to 280p from 245p and reiterates underweight.
UK stocks were more or less flat in early deals on Friday ahead of a quiet day for the markets in terms of economic data and corporate news.
UK stocks are expected to edge higher on Friday morning as markets continue to attempt to claw back heavy losses made earlier in the week.
After unveiling $2bn of impairment charges for its upcoming 2014 results, Afren has entered into a funding agreement with its lenders that will result in "substantial dilution" for existing shareholders.
Japan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, unleashing a 32% surge in the share price. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to operate as a stand-alone division within the business.
African oil company Afren plunged as it defaulted on an interest payment while it negotiates a restructuring with lenders that could dilute the interests of shareholders.
Hika Pharmaceuticals and Tullow Oil are switching places at start of the second quarter of this year as the FTSE Group reshuffles components across its leading London benchmarks.
Afren came top of the fallers as the company revealed it was in rescue deal discussions with bondholders and other lenders after last week's announcement that talks for a combination with Seplat Petroleum had been terminated.
UK stocks jumped on Friday as rising commodity prices lifted shares in the oil and mining sectors, while hopes increased that Europe can come to an agreement over the future of Greece.
1605: Stock in Bwin Party is collapsing after potential buyers reportedly pulled out of a bid, according to Bloomberg.
Oil explorer Afren has called off negotiations with Seplat Petroleum regarding a possible bid for the company.
UK stocks rose for the first time in five sessions on Thursday after a ceasefire was agreed in eastern Ukraine, though ongoing concerns about Greece and weak economic data from the States limited upside.
Halma took its biggest one day fall since May 2010, as JP Morgan downgraded the stock from 'neutral' to 'underweight'.
A late rally helped the FTSE 100 to erase most of its losses on Wednesday as optimism surrounding Greece and stimulus measures in China lifted sentiment, though stocks still finished in the red after hitting a five-month high the previous day.
Stocks declined on Wednesday as London's FTSE 100 retreated from a five-month high, though losses were trimmed slightly after China took measures to stimulate its economy.
The news that BP had slashed its investment budget for this year by $4bn-6bn gave crude prices a boost, and in turn oil stocks, as the commodity extended gains made over the last few days on speculation of slowing output. Brent rose 3.9% to $56.86 a barrel, lifted further by ongoing strikes at oil refineries in the States.
Oil and gas producers were tracking the continued rally in crude on Tuesday, with strong gains from BP supporting the sector.
A late rebound ensured that UK stocks finished firmly in positive territory on Monday, though trading was choppy as investors digested mixed manufacturing data from across the globe and a rebound in oil prices.
The biggest strike by US refinery employees in three decades and speculation about a slowdown in drilling Stateside helped keep crude prices steady on Monday, pushing energy stocks and oil services shares to the top of the pile in London.
CRH and energy stocks pushed the FTSE 100 higher by Monday lunchtime, though gains were pared as investors digested data and watched developments in Greece.