Broker tips: PZ Cussons, Berkeley, Cape

Investec has raised its price target for cosmetic products group PZ Cussons from 300p to 335p after the firm confirmed that it is to return to profit growth in the first half.However, the broker kept its 'hold' rating, saying that much depends on how Nigeria (described as "fragile" by PZ Cussons) performs in the second half.Panmure Gordon has raised its target price for house builder Berkeley Group from 1,390p to 1,650p, saying that first-half profits were "ahead of what we were looking for at this stage".However, a 'hold' rating on the stock was maintained by Panmure, with the broker saying that the shares look "up with events".UBS has downgraded its rating for engineering support services firm Cape from 'buy' to 'neutral', saying that fine-tuning the business model has highlighted more downside."We reiterated our 'buy' rating on Cape after the company's profit warning on November 12th (albeit with a caveat that uncertainties remained) citing the underlying steady business in the UK and the potential for recovery under the new CEO. "While we still think those positive points hold, recent newsflow on Australia, further refinements of our model and considerations of the long-term investment case have turned us more cautious and so we downgrade the stock to 'neutral'," the broker said in research report on Friday.BC Berkeley Group Pz Cussons