The investment bank UBS has raised its target prince on the UK pub group and brewer Greene King to 1,365 pence per share from 1,300p.

The bank said it maintained its "buy" rating on the company's stock.

UBS also raised its targets for pub groups Mitchells & Butlers and Wolverhampton & Dudley.

W&D's targets were up to 285p from 270p, with a "neutral" stance maintained, while W&D reached 1,100p from 1,052p with a "buy" rating.