BUZZ-Daily Mail: bottom of Stoxx on star broker downgrade
** Daily Mail and General Trust shares -4 pct, worst performers on Stoxx 600
** Barclays (LSE: BARC.L - news) , rated 5 stars for recommendation accuracy on DMGT by StarMine, cuts to "underweight" from "equal weight" and reduces TP by c.1 pct to 705p
** Co has outperformed FTSE All Share index YTD (9.6 pct vs 7.8 pct) -- helped by expectations new CEO will announce "a dramatic change to the portfolio", per Barclays. But broker does not expect change of the scale required to excite the market
** Barclays says next catalyst is FY16 results Dec 1, where it expects the outlook for FY17 to drive consensus downgrades
** 7 of 16 brokerages rate DMGT "buy" or higher, 7 rate "hold" and 2 rate "sell" or lower; median PT 750p