Friday broker round-up
Posted on: 03 Aug 2012 by Caroline Barton

Avanti Communications: Jefferies maintains buy rating and 600p target.

BAE Systems: BarCap cuts target from 380p to 370p, equal weight rating kept.

Cairn Energy: AlphaValue downgrades to sell.

FlyBe: HSBC initiates coverage with overweight rating and 90p target.

Hammerson: Credit Suisse lifts target from 450p to 500p, outperform rating kept.

Ladbrokes: Jefferies keeps hold rating and 160p target.

Morgan Crucible: Goldman Sachs downgrades to neutral.

Ophir Energy: Deutsche Bank cuts target from 614p to 560p, hold rating kept.

Rightmove: BarCap ups target from 1,400p to 1,850p, equal weight rating kept.

RPS: Jefferies reiterates buy rating and 275p target.

RSA: Nomura cuts target from 118p to 115p, neutral rating kept.

SABMiller: Societe Generale downgrades to hold.

Schroders: JPMorgan Cazenove ups target from 1,650p to 1,684p, overweight rating kept.

Shire: JPMorgan Cazenove cuts target from 2,360p to 2,200p, overweight rating kept.

Smith & Nephew: Jefferies raises target from 740p to 780p, buy rating kept.

Spirent Communications: JPMorgan Cazenove reduces target from 171p to 143p, neutral rating kept; Investec cuts target from 190p to 175p, buy rating kept.

BC

Friday broker round-up
Posted on: 27 Jul 2012 by Caroline Barton

African Minerals: Goldman Sachs upgrades to buy.

AG Barr: Investec reiterates buy recommendation and 485p target; Shore Capital downgrades to hold; N+1 Brewing downgrades to hold.

AstraZeneca: Nordea downgrades to sell.

Barclays: Investec maintains buy rating and 240p target.

BG Group: UBS cuts target from 1,730p to 1,620p, buy rating unchanged; Jefferies reiterates buy rating and 2,000p target; S&P Equity Research downgrades to hold.

Capita: UBS ups target from 740p to 800p, buy rating kept.

CSR: Jefferies ups target from 290p to 308p, hold rating kept.

FirstGroup: Liberum Capital upgrades to buy.

Intertek: Seymour Pierce downgrades to reduce.

Invensys: Peel Hunt downgrades to hold; Barclays Capital downgrades to equal weight.

Jardine Lloyd Thompson: Investec maintains hold rating and 692p target.

Lamprell: JP Morgan Cazenove downgrades to underweight.

Lonmin: UBS cuts target from 685p to 600p, sell rating kept.

Moneysupermarket.com: UBS ups target from 150p to 160p, buy rating kept.

National Express: Liberum Capital downgrades to hold.

Next: Investec keeps buy rating and 3,500p target.

Spectris: Investec cuts target from 1,900p to 1,715p, buy rating kept; Jefferies reiterates buy rating and 2,020p target.

Pearson: Jefferies keeps hold rating and 1,265p target; Numis downgrades to hold.

Reckitt Benckiser: Jefferies keeps hold rating and 3,640p target.

Rolls-Royce: Exane BNP Paribas ups target from 800p to 880p, neutral rating kept.

SABMiller: S&P Equity Research upgrades to hold.

St James’s Place: Credit Suisse upgrades to neutral, target lifted from 375p to 400p.

Stagecoach: Liberum Capital upgrades to buy.

Taylor Wimpey: Panmure Gordon upgrades to buy, 53p target kept.

Tullow: UBS cuts target from 1,600p to 1,400p, neutral rating kept.

UBM: Investec maintains buy rating and 694p target.

United Utilites: Investec ups target from 777p to 791p, buy rating kept.

William Hill: Investec ups target from 330p to 345p, buy rating kept.

BC

Friday broker round-up
Posted on: 20 Jul 2012 by Caroline Barton

Capita: UBS ups target from 725p to 740p, buy rating unchanged.

Euromoney: Peel Hunt downgrades to hold.

Gulf Keystone: HSBC upgrades to overweight.

Halfords: UBS cuts target from 240p to 205p, neutral rating kept; HB Markets upgrades to buy.

Hammerson: Bank of America Merrill Lynch downgrades to neutral, target lifted from 435p to 455p; Deutsche Bank downgrades to neutrall, target lifted from 435p to 455p.

Homeserve: Jefferies reiterates hold rating and 160p target.

Howden Joinery: UBS ups target from 140p to 150p, buy rating kept.

Kingfisher: UBS cuts target from 330p to 320p, buy rating unchanged.

Logica: Societe Generale downgrades to sell.

London & Stamford: Jefferies keeps hold rating and 119p target.

Moneysupermarket.com: Peel Hunt downgrades to hold.

Restaurant Group: UBS initiates with buy rating and 375p target.

Sage: Societe Generale marks as short term sell.

Senior: Jefferies keeps buy rating and 222p target.

Severn Trent: JP Morgan Cazenove upgrades to neutral, target lifted from 625p to 705p.

Vodafone: Jefferies keeps hold rating and 180p target.

BC

Friday broker round-up
Posted on: 17 Feb 2012 by James Farmer

Barclays: AlphaValue downgrades to reduce from add and lowers target to 243.9p from 283.4p.

Tesco: Nomura reduces target from 500p to 430p, buy rating unchanged.

InterContinental Hotels: UBS raises target from 1,050p to 1,100p, sell rating unchanged.

Kingfisher: Nomura cuts target from 320p to 315p, buy rating retained.

Reed Elsevier: Nomura raises target from 668p to 700p, buy rating retained.

Barratt Developments: Panmure Gordon reiterates buy rating and 158p target.

African Barrick Gold: Nomura cuts target from 770p to 685p, buy rating unchanged.

Cable & Wireless Worldwide: Nomura cuts target from 55p to 35p, neutral rating kept.

Debenhams: Panmure Gordon raises target from 60p to 67p, hold rating retained.

Galliford Try: Panmure Gordon keeps buy rating and 581p target.

Genus: Panmure Gordon ups target from 1,070p to 1,225p, buy rating unchanged.

Ladbrokes: Panmure Gordon lifts target from 107p to 118p, sell rating kept.

Devro: Panmure Gordon reiterates buy recommendation and 320p target.