Last checked at 
** Intertek among top risers on FTSE 100 with Michael Page among top fallers on FTSE 250, both onGoldman Sachs ratings changes.
** In a sector note GS says Intertek's valuation (9.3x 2016EEV/EBITDA) undervalues 9% projected annual EPS growth, upgradesto "buy".
** Downgrades Michael Page to "neutral" to reflect profitwarning on 14 October
** "While growth has been improving over the last fewquarters, the weak and sometimes volatile macro data hasresulted in a de-rating in the shares especially since Junewhich we believe will not lift going into 2015 given thecontinued weakness expected in Europe," GS says.
** Bank also upgrades Experian to "neutral", cutsRandstad and Adecco to "neutral". Chart on sector valuations: http://link.reuters.com/hah43w
** Goldman ratings summary: http://link.reuters.com/mah43w
(RM: alasdair.pal.thomsonreuters.com@reuters.net)
