FTSE 250 movers: Moneysupermarket under the cosh; Dairy Crest in demand after note

The ECB and OPEC meetings failed to inspire investors as the FTSE 250 midcap index traded flat in late afternoon trade.

Moneysupermarket.com was under the cosh as Jefferies downgraded the stock to ‘hold’ from ‘buy’ and cut the price target to 312p from 440p.

The bank said it was updating its estimates after reviewing the latest data set from Hitwise, an online monitoring service which provides rankings of the world’s most popular websites.

Jefferies said Hitwise was arguably the UK’s most authoritative source of online data analytics for desktop and mobile traffic.

Investec also fell after announcing plans to raise up to £145m by selling equity to buy back preference shares.

Dairy Crest led the risers after an upbeat note from Investec, the Guardian reported.

The shares were rated a 'buy', although with a reduced target price of 600p from 625p, the report added.

Market Movers

FTSE 250 (MCX) 17,040.92 -0.12%

FTSE 250 - Risers

Dairy Crest Group (DCG) 567.00p 4.23%
Just Eat (JE.) 464.80p 3.70%
Ocado Group (OCDO) 280.60p 3.62%
Allied Minds (ALM) 334.30p 2.42%
Supergroup (SGP) 1,408.00p 2.40%
Centamin (DI) (CEY) 100.90p 2.07%
Restaurant Group (RTN) 355.80p 2.04%
Bellway (BWY) 2,694.00p 1.85%
John Laing Group (JLG) 223.30p 1.82%
AO World (AO.) 171.00p 1.79%

FTSE 250 - Fallers

Moneysupermarket.com Group (MONY) 309.80p -6.40%
Sophos Group (SOPH) 198.30p -4.25%
Marshalls (MSLH) 312.40p -3.28%
Laird (LRD) 343.90p -2.96%
Evraz (EVR) 110.00p -2.91%
Investec (INVP) 458.20p -2.78%
Beazley (BEZ) 358.10p -2.21%
Fidessa Group (FDSA) 2,308.00p -2.12%
Brown (N.) Group (BWNG) 235.30p -1.96%
Caledonia Investments (CLDN) 2,356.00p -1.83%