Smith Barney has upgraded Slough Estates from hold to buy and repeated its 525p price target.
The broker said the property company’s strategic direction was now clearer.
The shares climbed 8p to 469.25p. Great Portland Estates rose 13p to 314.75p and Liberty International, 5.5p to 882.5p.
References: The Daily Telegraph 05/11/04 page 35 (The Market), The Independent 05/11/04 page 52 (Shares and Market Movers)
