PageGroup chief executive Steve Ingham disposed of 650,000 ordinary shares in the UK-based recruitment business on Wednesday, lowering his holding to 851,625 as a result.
Ocado: JP Morgan downgrades to neutral with a target price of 505p.
PageGroup posted a record first quarter profit in a trading update on Wednesday, with gross profit up 12.3%, or 10.3% on a reported basis, to £187.7m.
FTSE 250 recruiter PageGroup posted an 18% jump in pre-tax profit on Wednesday in a year that saw record gross profit in 22 countries, but the UK was a weak spot.
RBC Capital Markets upgraded PageGroup to 'outperform' from 'sector perform' and lifted its price target on the shares from from 490p to 640p, saying it "looks the best staffing play at this point".
RBC Capital Markets upgraded PageGroup to 'outperform' from 'sector perform' and lifted its price target to 640p from 490p, saying it "looks the best staffing play at this point".
Recruitment firm PageGroup said full year gross profits hit a record £711.6m in 2017 from £621m a year earlier, but warned that Brexit uncertainties were still causing "challenging" conditions in the UK.
Improving economic conditions in Europe and a tougher backdrop in the UK was a large part of why Credit Suisse upgraded five outward focused stocks and downgraded seven others as it reviewed prospects for the business services sector.
Recruiter PageGroup generated higher than expected profits in the third quarter as continental Europe, the Americas and Asia all delivered strong performances to offset weakness in the UK.
Companies with overseas and especially emerging markets exposure such as international banks, miners and tobacco producers are the way to play the UK's next economic phase, Citi said on Tuesday, picking a 'sweet 16' large and small cap stocks to buy, including AstraZeneca, Bellway and Keyword Studios.
Specialist professional recruitment company PageGroup reported solid first-half revenue growth on Thursday, with the figure rising 16.9% compared to last year to £673.1m, or 7.7% at constant currencies.
AstraZeneca: Investec upgrades to Buy with a target price of 4900p.
Direct Line: Credit Suisse upgrades to Outperform with a target price of 410p.
Recruitment firm PageGroup saw record gross profit in its second quarter, it reported on Tuesday, with the figure rising by 7.7% after the period was impacted by the timing of Easter.
Esure: Barclays downgrades to Equal Weight with a target price of 234p.
Credit Suisse upgraded PageGroup to 'neutral' from 'underperform', lifting the price target to 500p from 400p.
HSBC hiked its target price for Page Group shares sharply higher and reiterated its 'Buy' recommendation as the company's bottom line growth above its own estimates forced the broker to concede that it may have been to "conservative".
Recruitment firm PageGroup said Brexit uncertainties hit its UK operations as it released a first quarter trading update.
Specialist professional recruitment company PageGroup announced its full year results for the year to 31 December on Wednesday, with revenue rising 12.3% to £1.2bn, or 3.6% at constant exchange rates.
Hays: Deutsche Bank upgrades to Hold with a target price of 160p.