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Thursday broker round-up

Thu, 03rd May 2012 09:15
Afren: finnCap downgrades from buy to hold.Carnival: Shore Capital upgrades from hold to buy.CSR: Jefferies reiterates buy rating and 290p target.Fenner: Credit Suisse downgrades from outperform to neutral, target cut from 540p to 480p.Ferrexpo: Renaissance Capital upgrades from hold to buy.GlaxoSmithKline: Jefferies reiterates buy rating and 1,650p target.HSBC: AlphaValue downgrades from add to reduce, target cut from 576.8p to 570.9p.Kesa Electricals: Shore Capital upgrades from sell to fair value.Legal & General: Investec maintains sell rating and 104p target; Nomura keeps buy rating and 182p target.Mondi: Jefferies reiterates buy recommendation and 665p target.Morrisons: Jefferies keeps buy rating and 350p target.Premier Farnell: Jefferies cuts target from 230p to 240p, buy recommendation maintained. Randgold Resources: Investec puts hold recommendation and 7,015p target under review.Regus: Investec keeps buy rating and 150p target.Rexam: Seymour Pierce downgrades from buy to hold.Smith & Nephew: Nomura maintains neutral rating and 596p target.Schroders: Investec maintains hold recommendation and 1,506p target.St James's Place: Investec reiterates buy rating and 412p target.TUI Travel: Jefferies keeps buy rating and 300p target.BC

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