Broker tips: BP, StanChart, Premier Foods

Investec has reiterated its bullish stance on oil giant BP, saying that the company's third-quarter results were 'much strong than we and the market anticipated'.The broker said: "Overall, we have seen a much better result than the poor Q2 and the company has moved early on a dividend increase to 9c/share (+12.5%)."A 'buy' rating and 460p target price for the stock has been retained.Emerging markets lender Standard Chartered's third-quarter results were broadly in line with expectations, according to Nomura, but 'a touch below if we are nit picking'.Nevertheless, the broker has maintained its 'buy' rating and 1,600p target price for the shares, saying that the business is "motoring away as expected".Panmure Gordon says that the recent disposals at Premier Foods do not rule out further divestments in the future. Panmure maintained its 'hold' rating and 90p target price for the stock, saying even after these disposals, the business will remain highly geared with a very large pension deficit "which has to be serviced from a smaller cash generative base".BC