Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation.

Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation.

Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating.

Bahamas Petroleum: Goldman Sachs ups target price from 14.40p to 16p retaining a buy recommendation.

Balfour Beatty: HSBC Holdings cuts target price from 285p to 260p, while staying with its neutral rating.

Bankers Petroleum: Goldman Sachs ups target price from 348p to 390p, while downgrading from neutral to buy.

BHP Billiton: Deutsche Bank takes target price from 2316p to 2372p and reiterates its buy recommendation.

Borders & Southern Petroleum: Goldman Sachs shifts target price from 41p to 47p and retains a buy recommendation.

BowLeven: Goldman Sachs ups target price from 157p to 163p and leaves its buy recommendation unaltered.

British Land: Espirito Santo moves target price from 603p to 627p, while maintaining a neutral rating.

Cairn Energy: Goldman Sachs shifts target price from 382p to 390p and reiterates its neutral rating.

Chariot Oil & Gas: Goldman Sachs lowers target price from 45p to 43p keeping a neutral rating.

Coastal Energy: Goldman Sachs increases target price from 1759p to 1843p upgrading from neutral to buy.

Dairy Crest: Credit Suisse raises target price from 375p to 465p, while downgrading from neutral to underperform.

De La Rue: Numis takes target price from 1009p to 1070p upgrading to add.

Derwent London: Espirito Santo ups target price from 2422p to 2455p keeping a neutral rating.

Dragon Oil: Goldman Sachs increases target price from 855p to 918p and retains a neutral rating.

EnQuest: Goldman Sachs shifts target price from 186p to 187p keeping a neutral rating.

Eurasian Natural Recources: UBS reduces target price from 320p to 285p, staying with its buy recommendation.

Falkland Oil & Gas: Goldman Sachs cuts target price from 53p to 44p, while leaving its neutral rating unaltered.

F&C Asset Management: Societe Generale moves target price from 107p to 115p upgrading to buy.

Genel Energy: Goldman Sachs increases target price from 1212p to 1417p, while leaving its neutral rating unaltered.

GKN: UBS takes target price from 275p to 350p and retains a buy recommendation.

Great Eastern Energy: Goldman Sachs ups target price from 707p to 798p and reiterates a buy recommendation.

Great Portland Group: Espirito Santo raises target price from 507p to 603p and upgrades to buy.

Green Dragon Gas: Goldman Sachs cuts target price from 673p to 604p, while keeping its buy recommendation.

Gulf Keystone Petroleum: Goldman Sachs reduces target price from 292p to 258p, while upgrading from neutral to buy.

Hammerson: Espirito Santo moves target price from 533p to 545p and stays with its neutral rating.

Heritage Oil: Goldman Sachs cuts target price from 341p to 333p, while upgrading from neutral to buy.

HSBC Holdings: Goldman Sachs moves target price from 940p to 950p reiterating its buy recommendation.

ICAP: JP Morgan lowers target price from 355p to 344p, while retaining a neutral rating.

IGas Energy: Goldman Sachs increases target price from 146p to 202p and upgrades from neutral to buy.

IG Group: Investec takes target price from 560p to 700p staying with its buy recommendation.

Intu Properties: Espirito Santo shifts target price from 295p to 298p and leaves its sell recommendation unaltered.

ITE Group: Goldman Sachs ups target price from 365p to 380p, but downgrades from a strong buy recommendation to buy.

Land Securities: Espirito Santo raises target price from 800p to 933p, while its neutral rating remains unchanged.

London Stock Exchange Group: JP Morgan ups target price from 1233p to 1244p keeping an underweight rating.

MITIE Group: HSBC Holdings reduces target price from 280p to 260p and leaves its neutral rating unchanged.

Northern Petroleum: Goldman Sachs shifts target price from 110p to 117p and retains a strong buy rating.

Ophir Energy: Goldman Sachs cuts target price from 744p to 631p, while staying with its buy recommendation.

Pennon Group: Societe Generale ups target price from 682p to 695p reiterating a hold recommendation.

Phoenix IT Group: N+1 Singer moves target price from 145p to 150p and upgrades to hold.

Premier Oil: Goldman Sachs cuts target price from 579p to 567p maintaining a buy recommendation.

Record: JP Morgan shifts target price from 44p to 45p and keeps an overweight rating.

Rockhopper Exploration: Goldman Sachs raises target price from 444p to 466p and stays with its buy recommendation.

Salamander Energy: Goldman Sachs shifts target price from 391p to 397p staying with a strong buy recommendation.

Segro: Espirito Santo takes target price from 250p to 290p and retains a neutral rating.

Sepura: Liberum Capital moves target price from 115p to 130p leaving its buy recommendation unchanged. Investec ups target price from 115p to 130p and keeps a buy recommendation.

Serco Group: HSBC Holdings downgrades to underweight with a target price of 590p.

Serica Energy: Goldman Sachs shifts target price from 53p to 58p and maintains a strong buy recommendation.

Shaftesbury: Espirito Santo increases target price from 561p to 614p maintaining its neutral rating.

Smiths Group: Citi raises target price from 1020p to 1270p, but still recommends selling. HSBC Holdings increases target price from 1400p to 1550p reiterating an overweight rating.

SOCO International: Goldman Sachs reduces target price from 539p to 461p and keeps a neutral rating.

Spirax-Sarco Engineering: Investec raises target price from 2600p to 2800p maintaining a hold recommendation.

Sula Iron and Gold: Northland Capital initiates with a target price of 6.70p and a buy recommendation.

Tower Resources: Goldman Sachs lowers target price from 7.30p to 6.20p, while keeping its buy recommendation.

United Utilities: Societe Generale cuts target price from 796p to 773p and downgrades to hold.

WYG: N+1 Singer shifts target price from 85p to 90p keeping a buy recommendation.