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Thursday broker round-up - UPDATE

Thu, 26th Jan 2012 09:34
Misys: Panmure Gordon cuts target from 335p to 295p, hold rating unchanged; Peel Hunt puts 250p target under review, hold rating kept; Merchant Securities initiates coverage with sell rating and 220p target.Mitchells & Butlers: Panmure Gordon keeps hold and 240p target; Peel Hunt retains hold rating and 250p target.IAG: Nomura keeps buy rating and 265p target.Johnson Matthey: HSBC keeps at overweight, raises target to 2,375p from 2,250.BskyB: Barclays Capital downgrades to equalweight from overweight.Firstgroup: Nomura downgrades from neutral to reduce, target cut from 333p to 330p.Go-Ahead: Nomura cuts target from 1,500p to 1,480p, neutral rating kept.Stagecoach: Nomura raises target from 281p to 305p, reiterates buy.EasyJet: Nomura reiterates buy rating and 470p target; Panmure Gordon keeps buy rating and 450p target.Ryanair: Nomura downgrades from buy to neutral, target cut from €5.50 to €4.90. London & Stamford: Panmure Gordon retains buy rating and 125p target.AG Barr: Panmure Gordon maintains hold rating and 1,200p target.WH Smith: UBS raises target from 565p to 580p, buy rating maintained.Computacenter: Panmure Gordon leaves buy recommendation and 490p target unchanged.Daily Mail & General Trust: Panmure Gordon keeps buy stance and 600p target.Euromoney Institutional Investor: Peel Hunt reiterates buy rating and 800p target.International Personal Finance: Peel Hunt initiates coverage with buy rating and 252p target.ITE Group: Peel Hunt retains buy recommendation and 275p target.Dunelm: Panmure Gordon reiterates buy rating and 600p target.Paragon Group: Peel Hunt keeps buy stance and 285p target.DP World: Nomura slashes target from 1,040p to 880p, buy rating unchanged.

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