ANALYST RECOMMENDATIONS : Admiral, Hiscox, National Grid, Qiagen, Unilever...

Every day, find a selection of analysts' recommendations covering North America and the UK. The list only includes companies that have been the subject of a change of opinion or price target, or of a new coverage. It may be updated during the session. This information is used to shed light on the movements of certain stocks or the market sentiment on a company.

Admiral: HSBC upgrades from buy to hold, targeting GBp 3150.

British American Tobacco: Jefferies remains Buy with a target raised from GBp 3769 to GBp 3900.

Frontier Developments: Berenberg remains Buy with a price target reduced from GBp 2500 to GBp 2000.

Hiscox: HSBC downgrades from buy to hold targeting GBp 990.

Imperial Brands: Jefferies remains a Hold with a target raised to GBp16 from GBp1578.

National Grid: Societe Generale downgrades from buy to hold, targeting GBp 1080.

Pardes Biosciences: Jefferies initiated coverage with a recommendation of buy. PT set to $25

Qiagen: DZ Bank AG raised its recommendation to buy from hold. PT up 23% to $59.42

Unilever: Barclays moves from Overweight to equal-weight with a GBp 4600 target.