FTSE 100 movers: Travis Perkins lifted by Liberum Capital rating

11th Oct 2013 14:34

Travis Perkins shares got a boost after Liberum Capital raised its target price and reiterated its 'buy' rating on the builders' merchant and home improvement retailer. Restaurant and hotels owner Whitbread was also higher after Citigroup upgraded the stock to 'buy', saying: "Improved sentiment around the European economies suggests that we could be at the start of a renewed upgrade cycle for European focused hotel names". Whitbread gained strongly on Thursday after one analyst cited the possibility that it could spin off its Costa coffee chain.Standard Life was a high riser after JPMorgan Cazenove reiterated its positive stance on the stock, reassuring investors about net inflows in the third quarter.Diageo gained after Exane BNP Paribas raised the drinks giant to 'outperform'.Meanwhile, speciality chemicals firm Croda International was a heavy faller after analysts at Liberum Capital downgraded the stock to 'hold'. JP Morgan also lowered its view on the shares today, to neutral from overweight. Stocks heavily exposed to the US defence markets, such as BAE Systems and Meggitt, were trading in the red after some cautious comments from sector peer Chemring.FTSE 100 - RisersTravis Perkins (TPK) 1,680.00p +3.38%Whitbread (WTB) 3,210.00p +3.08%Standard Life (SL.) 355.10p +2.51%Aberdeen Asset Management (ADN) 391.80p +2.19%Shire Plc (SHP) 2,433.00p +2.18%Diageo (DGE) 1,959.50p +2.00%Glencore Xstrata (GLEN) 333.00p +1.94%Barclays (BARC) 279.40p +1.79%Tullow Oil (TLW) 1,000.00p +1.73%HSBC Holdings (HSBA) 689.20p +1.61%FTSE 100 - FallersCroda International (CRDA) 2,481.00p -4.65%BAE Systems (BA.) 435.70p -3.33%Fresnillo (FRES) 919.00p -1.76%Royal Bank of Scotland Group (RBS) 378.90p -1.56%Wolseley (WOS) 3,165.00p -1.12%Randgold Resources Ltd. (RRS) 4,290.00p -1.06%CRH (CRH) 1,491.00p -0.80%Meggitt (MGGT) 542.00p -0.73%ARM Holdings (ARM) 976.50p -0.71%Coca-Cola HBC AG (CDI) (CCH) 1,723.00p -0.69%NR