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Analysts at Piper Jaffray upgraded British American Tobacco from 'neutral' to 'overweight' on Tuesday, noting the industry giant's valuation appeared "attractive" at current levels.
Berenberg downgraded its stance on a number of UK industrial stocks on Tuesday, but lifted its recommendation on Electrocomponents, mostly on valuation grounds.
DS Smith shares have underperformed peers over the past 12 months and after the paper and packaging maker completed its European acquisition, JPMorgan Cazenove believes the de-rating has been "overdone".
Analysts at Piper Jaffray upgraded British American Tobacco from 'neutral' to 'overweight' on Tuesday, noting the industry giant's valuation appeared "attractive" at current levels.
