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Tuesday broker round-up UPDATE

Tue, 04th Feb 2014 09:20
Alumasc: FinnCap ups target price from 142p to 167p and retains its buy recommendation.Barratt Developments: Barclays increases target price from 444.7p to 471.2p and keeps an overweight rating.Bellway: Barclays raises target price from 1498.1p to 1552.6p, but keeps an underweight rating.Berkeley Group: Barclays ups target price from 2454.7p to 2561.5p, but downgrades to underweight.Bovis Homes Group: Barclays increases target price from 778.1p to 807.3p, while keeping an underweight rating.BP: Investec places its target price (prev.: 460p) under review keeping its hold recommendation.Cello Group: N+1 Singer moves target price from 118p to 123p maintaining a buy recommendation.Galliford Try: Barclays shifts target price from 1200.1p to 1207.7p and retains an equal-weight rating.Kirkland Lake Gold: Investec reduces target price from 353p to 200p retaining its buy recommendation.Land Securities: Barclays increases target price from 935p to 1246p and reiterates an overweight rating.Low & Bonar: Numis moves target price from 85p to 95p, while downgrading from buy to add.Pearson: Deutsche Bank reduces target price from 1000p to 960p keeping a sell recommendation.Persimmon: Barclays raises target price from 1260.4p to 1333.6p and stays with its equal-weight rating.Premier Farnell: Cantor Fitzgerald cuts target price from 275p to 250p, while its buy recommendation remains unchanged.Quindell: Canaccord Genuity raises target price from 45p to 75p and stays with its buy recommendation.Redrow: Barclays ups target price from 356p to 383.4p maintaining an overweight rating.Renishaw: Investec raises target price from 1795p to 1940p upgrading from sell to hold.Sainsbury: Bernstein upgrades to 'outperform', retains 4,300p target price.Serco Group: Cantor Fitzgerald reduces target price from 460p to 365p and stays with its sell recommendation.Smith & Nephew: Numis ups target price from 960p to 1000p and reiterates an add rating.SSE: UBS lowers target price from 1560p to 1475p, while its buy recommendation is kept.St Modwen Property: Numis ups target price from 401p to 441p and maintains an add rating.Tate & Lyle: Numis shaves target price from 863p to 858p, while upgrading from hold to add.Taylor Wimpey: Barclays increases target price from 146.8p to 156.5p and stays with its overweight rating.Tesco: Macquarie cuts target price from 390p to 370p maintaining an outperform rating.TUI Travel: Deutsche Bank ups target price from 360p to 395p and reiterates a hold recommendation.UBM: Nomura lowers target price from 740p to 720p and reiterates a neutral rating.UDG Healthcare: Jefferies ups target price from 340p to 385p and keeps a buy recommendation.Victrex: Numis downgrades from add to hold with a target price of 1831p.Walker Greenbank: Investec takes target price from 169p to 182p and retains a buy recommendation. WH Ireland moves target price from 185p to 195p maintaining its buy recommendation.WPP Group: JP Morgan cuts target price from 1617p to 1583p, while leaving its overweight rating unaltered.

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