Broker snap: Deutsche Bank upgrade lifts Lloyds

16th Oct 2009 11:37

News of the disposal of its Halifax Estate Agencies sent shares in the bank Lloyds higher Friday, but an upgrade from Deutsche Bank will have done no harm either. The German bank notes that the economy has strengthened, yet shares in Lloyds are 15% below their recent peak.It lifts its recommendation to 'buy' from 'hold' and its target price to 115p from 100p.

Top Risers

Share	Price	Change
Empyrean (EME)	0.1275	40.11%
Alien Metals (UFO)	0.13	36.84%
Tiger Resource (TIR)	0.215	26.47%
Avacta Group (AVCT)	47.25	17.04%
Caledonian Hold (CHP)	0.00325	16.67%

Top Fallers

Share	Price	Change
Caledonia (CLDN)	363.00	-89.99%
Lifesafe Hldg (LIFS)	4.25	-37.04%
Marshalls (MSLH)	209.50	-20.64%
Active Energy (AEG)	0.19	-13.64%
Pacific Global (PCH)	1.75	-12.5%

Top By Volume

Share	Price	Volume
Mirriad Advertising (MIRI)	0.012	2,784,281,723
Premier African Minerals (PREM)	0.0255	1,805,472,866
Empyrean (EME)	0.1275	1,160,176,151
Alien Metals (UFO)	0.13	874,367,820
Caledonian Hold (CHP)	0.00325	713,176,141

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