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LAD.L Broker Ratings (LAD)

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Date	Broker	Recommendation	Old Target	New Target	Rating Type
05-Apr-13	Deutsche	Hold	285.00	252.00	Downgrade
04-Apr-13	Barclays	Equal Weight	240.00	240.00	Reiteration
25-Mar-13	Jefferies	Buy	160.00	265.00	Upgrade
12-Mar-13	JP Morgan Cazenove	Neutral	160.00	240.00	Upgrade
12-Mar-13	Deutsche	Buy	256.00	285.00	Reiteration
11-Mar-13	Panmure Gordon	Hold	195.00	219.00	Reiteration
11-Mar-13	Investec Securities	Buy	250.00	250.00	Reiteration
11-Mar-13	Daniel Stewart	Hold	225.00	225.00	Reiteration
11-Mar-13	Canaccord Genuity	Buy	255.00	255.00	Reiteration
11-Mar-13	Bank of America	Buy	235.00	260.00	Reiteration