(WebFG News) - Playtech: Deutsche Bank reiterates buy with a target price of 1,300p.
(WebFG News) - BAE Systems: Berenberg upgrades to buy with a target price of 700p.
South32: Deutsche Bank upgrades to hold with a target price of 185p.
Analysts at Canaccord Genuity reiterated their 'buy' rating of emerging markets investment manager Ashmore Group on Tuesday, citing strong net inflows from company's third quarter and increased momentum going forward.
Sage Group: JP Morgan downgrades to neutral with a target price of 670p.
Specialist emerging markets asset manager Ashmore Group updated the market on its assets under management for its third quarter ended 31 March on Tuesday, reporting that assets under management increased $7bn during the period, with net inflows of $6.4bn and positive investment performance of $0.6bn.
The flow of corporate results is set to pick-up on Tuesday, with several FTSE 350 firms due to update investors, including ABF, Rio Tinto and Ashmore Group.
Ascential plc: Berenberg downgrades to hold with a target price of 400p.
Fund managers will be required to assess how much value they create for investors each year under rules set out by the Financial Conduct Authority.
Moneysupermarket.com: Barclays downgrades to sector perform with a target price of 350p.
Emerging markets asset manager Ashmore posted a rise in first-half assets under management but a drop in profit on the back of currency movements.
Fever-Tree: Jefferies initiates buy with a target price of 3000p.
Big Yellow Group: Berenberg upgrades to buy with a target price of 920p.
Asset manager Ashmore posted a jump in assets under management for the three months to the end of December amid strong net inflows.
Canaccord Genuity initiated coverage of Ashmore at 'buy' with a 410p price target.
Merlin Entertainments: Credit Suisse upgrades to Outperform with a target price of 440p.
AstraZeneca: Credit Suisse upgrades to Outperform with a target price of 5800p.
Ashmore Group updated the market on its assets under management for the first quarter on Friday, confirming the figure increased $6.3bn during the period, including positive investment performance of $2.3bn and net inflows of $4.3bn.
JP Morgan reiterated its preference for alternative asset managers after marking the group to market and ahead of a raft of AuM trading updates due from the space before year-end, including interims out of Intermediate Capital Group.
Provident Financial: RBC downgrades to Underperform with a target price of 775p.