Below is a list of major companies who have had their ratings changed early this morning (30 November) by brokers that we follow. Click for a list of the brokers we follow.

Only upgrades to the top ‘Buy’ ratings and downgrades to the bottom ‘Sell’ ratings are included. To simplify the jargon, we’ve grouped all the common buy ratings (e.g. strong buy, over-weight, out-perform) under a ‘Buy’ umbrella and put all the common sell terms (e.g. sell, under-weight, under-perform) under a ‘Sell’ umbrella.

Upgrades to a ‘Buy’ rating
HMV Group (UK) was upgraded by Nomura with a price target up to 165.
William Morrison Supermarkets (UK) was upgraded by Barclays Capital with a price target up to 325.
ING (Netherlands) was upgraded by Raymond James with a price target up to 8.2.
United Drug (Ireland) was upgraded by Goldman Sachs with a price target up to 3.07.
Hugo Boss (Germany) was upgraded by HSBC with a price target up to 29.
Metro (Germany) was upgraded by Barclays Capital with a price target up to 50.

Downgrades to a ‘Sell’ rating
British Land (UK) was downgraded by HSBC with a price target reduced to 390.
Great Portland Estates (UK) was downgraded by HSBC with a price target reduced to 170.
Land Securities (UK) was downgraded by HSBC with a price target reduced to 430.
Sainsburys (UK) was downgraded by Barclays Capital with a price target reduced to 320.
Workspace Group (UK) was downgraded by HSBC with a price target reduced to 14.
Carrefour (France) was downgraded by Barclays Capital with a price target reduced to 31.5.

To learn more about broker share tips, read our Broker Share Recommendations article.