After last weeks strong results,  Canaccord reiterates buy rating for Rio Tinto (RIO.L) citing strong cash position.

Standard chartered (STAN.L) target price moved to 1480p by Nomura, reiterates BUY recommendation.

Drax (DRL.L) downgraded from BUY to NEUTRAL by UBS who no longer favour the risk/reward ratio provided by the shares.

Deutsches Bank downgrades Friends Life (FLG.L) from BUY to HOLD citing slower than hoped for progress.

Differing views on Catlin Group (CGL.L). Deustches Bank rates as HOLD cuts target price to 546p. Canaccord raises target price to 560p reiterates BUY rating.

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