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UPDATE: Monday broker round-up

Mon, 10th Oct 2011 09:08
Antofagasta: Morgan Stanley downgrades to 'underweight' from 'equalweight'.Capita: Galvan Research and Trading gives buy rating and 760p target.Premier Oil: HSBC upgrades to 'overweight' from 'equalweight'. GKN: Credit Suisse cuts target to 205p from 243p.IMI: Credit Suisse cuts target to 670p from 840p.Weir: Credit Suisss cuts target to 210p from 270p.Invensys: Credit Suisse cuts target to 1,850p from 2,000p.IAG: Barclays initiates 260p price target.Michael Page: Peel Hunt keeps hold rating and 390p target.Michael Page: Royal Bank of Scotland lowers target price to 350p. Michael Page: Evolution Securities slashes target from 640p to 388p, buy rating retained.Michael Page: Seymour Pierce keeps hold rating and reduces target to 350p target.Michael Page: Investec keeps buy rating and 450p target.Premier Foods: Royal Bank of Scotland downgrades from buy to hold, target slashed from 38p to 6p.Aveva: Barclays downgrades to underweight from equalweight; cuts target to 13p from 16.6p.Xstrata: Royal Bank of Scotland retains buy recommendation and 1,650p target.Logica: Barclays stays at equal weight; cuts target to 0.9p from 1.45p.Stagecoach: Panmure Gordon increases target from 260p to 280p, keeps buy rating.Micro Focus International: Barclays keeps at overweight; takes target down to 4p from 4.18p. Talvivaara Mining: Royal Bank of Scotland reiterates positive stance.Talvivaara Mining: Seymour Pierce keeps buy rating but puts target under review.Sainsbury: Nomura keeps neutral recommendation and 300p target.Admiral: Nomura reiterates buy rating and 1,900p target.Pennon Group: Investec retains hold recommendation and 717p target.Hot Tuna: Seymour Pierce reiterates buy recommendation and 0.35p target.Hot Tuna: Royal Bank of Scotland reiterates buy with target price at 0.35p.YouGov: Investec retains hold rating and target of 46p.YouGov: Peel Hunt reiterates buy rating and 76p target.YouGov: Panmure Gordon keeps buy rating and 70p target.

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