Three investment organisations have shifted their stances on Allied Domecq today. The drinks company is due to release its results on Thursday of this week.

Goldman Sachs upgraded its rating on AD to "in-line" from "underperform". No further details were immediately available.

Lehman Brothers lifted its price target on the company to 500 pence per share from 415p, while keeping its "overweight" rating on AD's shares.

Cazenove, however, cuts its rating on the spirits company to "long-term buy" from "buy". In a research note, the stockbroker said: "We do not anticipate negative news on trading at the interims - if anything the reverse is the case - but investors already are expecting strong commercial progress and this must be largely discounted in the share price."