** British recruitment firm Hays's shares up 5.5pct, poised for its best day since Oct. 2014, after HSBC upsrating on stock to "buy" from "neutral", PT to 155p from 140p
** HSBC analysts raise PT based on increased CY16 EPSestimate of 9.2p, earlier used FY16 estimate of 8.4p; addcurrent PT implies 34 pct upside to share price
** Analysts say UK staffers' multiples are de-rating as themarket grows concerned over a labour market slowdown, but addthat they do not believe a recession is imminent
** HSBC "buy" rated on peers Michael Page (up 1pct), SThree (up 3 pct); Stoxx 600 Industrial Goods andServices Index up 2.4 pct
** Hays top gainer on the FTSE mid-250 index (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)