BUZZ-Intertek and Michael Page: fortunes diverging says Goldman

** 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)