Analysts saw the positives as Shire agreed to be taken over by Takeda Pharmaceutical, as the Japanese company's statement "alleviated some concerns" about the deal.
FTSE 250 insurer Lancashire Holdings posted a 48% rise in first-quarter pre-tax profit on Thursday as gross written premiums and its return on equity rose.
Ascential plc: Berenberg downgrades to hold with a target price of 400p.
Credit Suisse upgraded non-life insurer Lancashire Holdings to 'buy' from 'underperform', saying that despite its fourth-quarter pre-tax losses missing consensus expectations, the share price offered a better level of risk/return.
FTSE 250 insurer Lancashire Holdings said on Thursday that it swung to a full-year loss as it took a hit from natural catastrophes.
Life insurers are not as overpriced as many investors believe, said JP Morgan Cazenove in a note on Friday, but an expected shifting pricing backdrop in 2018 saw it upgrade Lancashire but downgrading Admiral and Hastings.
MITIE: Jefferies upgrades to Buy with a target price of 290p.
Lancashire Holdings scrapped its special dividend after hurricanes and earthquakes sent the insurer to a loss in the third quarter and the first nine months of the year.
Antofagasta: Macquarie reiterates Neutral with a target price of 920p.
Lancashire Holdings announced its range for its estimated net ultimate losses arising from hurricanes Harvey, Irma and Maria and the two recent earthquake loss events in Mexico on Monday.
Asos: Credit Suisse upgrades to Neutral with a target price of 5600p.
Global specialty insurance provider Lancashire Holdings saw a fall in its fully-converted book value per share in the first half, it reported on Thursday, to $6.23 from $6.40.
Vodafone: HSBC maintains Hold with a target price of 225p.
Beazley: Credit Suisse initiates at Buy with a target price of 565p.
Credit Suisse initiated coverage of Beazley and Lancashire on Tuesday, and downgraded Hiscox, as it took a look at the Lloyd's of London insurers.
FTSE 250 insurer Lancashire Holdings reported an increase in first-quarter profit but a drop in premiums on Thursday amid "difficult" market conditions.
Esure: Barclays downgrades to Equal Weight with a target price of 234p.
QinetiQ: Canaccord downgrades to Hold with a target price of 285p.
Despite macroeconomic uncertainty insurer Lancashire Holdings' results for 2016 held up and while the company remains confident about 2017, it expects "market conditions to remain difficult for the foreseeable future".
Bermuda-based insurance company Lancashire Holdings has appointed Andrew McKee as chief executive of Cathedral Underwriting, effective from 26 June and subject to regulatory approval.