DCC: Exane BNP Paribas downgrades to neutral with a target price of 6200p.
It remains exceedingly difficult to value Asos's share price in any rational manner, The Times's Tempus said.
Recruitment firm Michael Page said first quarter gross profit grew 3.6% to £142.4m in constant currencies, despite the timing of Easter and the challenging market conditions in several of its larger markets, including Greater China, the UK and Brazil.
Royal Mail: Jefferies reiterates underperform with a target price of 400p.
Recruitment giant Michael Page International on Thursday reported a 15.6% jump in pre-tax profit to £90.7m with growth across all regions.
Hays got a boost on Monday after HSBC upgraded the stock to 'buy' from 'hold' and lifted the price target to 155p from 140p as it took a look at the UK staffing sector.
The FTSE 250 was in the black by mid-afternoon Tuesday, rising 124.94 points (0.75%) to 16,783.26.
Recruitment outfit Michael Page delivered a mixed bag of numbers on Tuesday, reporting record full year gross profits but stating that currency fluctuations had hit fourth quarter results.
David Lowden has been appointed as chairman of Michael Page International.
Stocks are expected to begin the session slightly lower following the release of weak Chinese trade data overnight and mixed remarks from US Federal Reserve officials.
Recruitment consultancy Michael Page posted a 10.2% increase in third-quarter gross profit to £139.2m thanks to good contributions from all four regions.
London's FTSE 250 was up slightly by Thursday afternoon as the markets cooled after the People's Bank of China said it would stop fiddling with the yuan.
UK equities were on the front foot as China's central bank defended its devaluation of the yuan and as Greece delivered surprise economic growth in the second quarter.
Recruitment consultancy group Michael Page International posted a higher interim pre-tax profit on the back of an increase in revenue and gross profit.
Mid-caps edged higher on Thursday, as an expected interest rate hike from the federal reserve was tempered by strength in the construction, automobile and banking sectors.
Recruitment company Michael Page reported growth in gross profit in an interim update, but said currency headwinds are dragging down results.
On the company front, London is scheduled to be fairly quiet. FirstGroup, which is convening for its annual shareholder meeting, and Carillion are both due to make quarterly statements. Firstgroup has an opportunity to update the market after an uneasy fortnight when it lost out on an extended deal for its South West Trains franchise and was hit by a downgrade from UBS on valuation grounds.
Bunzl: Investec reiterates hold with 2,00p target.
Recruitment consultancy group Michael Page said it was on track to meet annual expectations, after strong demand across the board boosted its first quarter gross profit.
Standard Chartered's rating on Friday was downgraded to 'sell' from 'hold' at Investec Securities as the scale and pace of the stock's absolute and relative share price recovery "has finally tipped us over the edge."