Downgrades

Downgrades

Symb Company 4 wk rating
change		 Current mean
rating
SPGH.L Superglass Holdings PLC 1.00 to 3.00 Hold
MFP.L Music Festivals PLC 1.00 to 3.00 Hold
ITM.L ITM Power PLC 2.00 to 3.00 Hold
CCT.L Character Group PLC 1.00 to 2.00 Outperform
KWL.L Kewill PLC 3.00 to 4.00 Underperform
IPO.L IP Group PLC 1.00 to 2.00 Outperform
CLDN.L Caledonia Investments PLC 2.00 to 3.00 Hold
FIF.L Finsbury Food Group PLC 2.33 to 3.00 Hold
BRK.L Brooks Macdonald Group PLC 1.67 to 2.33 Outperform
NICL.L Nichols PLC 1.75 to 2.40 Outperform
UMC.L Umeco PLC 1.86 to 2.43 Outperform
SCEL.L Sceptre Leisure PLC 1.00 to 1.50 Buy
CHCH.L Churchill China PLC 2.00 to 2.50 Outperform
CLIG.L City of London Investment Group PLC 1.00 to 1.50 Buy
HNTS.L Huntsworth PLC 1.33 to 1.75 Outperform
HAOG.L Hardy Oil and Gas PLC 2.60 to 3.00 Hold
VPP.L Valiant Petroleum PLC 1.62 to 2.00 Outperform
PHIT.L Phoenix IT Group PLC 2.33 to 2.67 Hold
DEMG.L Deltex Medical Group PLC 1.33 to 1.67 Outperform
XCH.L Xchanging PLC 2.44 to 2.78 Hold
VTC.L The Vitec Group PLC 2.00 to 2.33 Outperform
CRW.L Craneware PLC 1.71 to 2.00 Outperform
PRWP.L Promethean World PLC 2.33 to 2.60 Hold
SVT.L Severn Trent PLC 2.40 to 2.67 Hold
AUL.L Aurelian Oil and Gas PLC 1.75 to 2.00 Outperform
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