Friday broker round-up UPDATE

ASOS: N+1 Singer reduces target price from 5300p to 4100p, while staying with its hold recommendation.Cairn Energy: JP Morgan cuts target price from 315p to 279p and maintains an overweight rating.Cobham: Canaccord Genuity increases target price from 285p to 320p and reiterates a hold recommendation.Edge Resources: Sanlam Securities shifts target price from 10p to 14p and keeps its buy recommendation.Eland Oil & Gas: Westhouse Securities ups target price from 104p to 123p upgrading from sell to neutral.EnQuest: Canaccord Genuity moves target price from 175p to 185p and leaves its buy recommendation unchanged.Fenner: FinnCap reduces target price from 450p to 330p eith a hold recommendation. Numis downgrades from add to hold with a target price of 400p. N+1 Singer places both its target price (prev.: 395p) and its hold recommendation under review. Investec cuts target price from 360p to 320p and stays with its sell recommendation.James Fisher: Sanlam Securities initiates with a target price of 1600p and a buy recommendation.Kighfisher: Barclays cuts target price from 460p to 420p downgrading to equal-weight.Mitchells & Butlers: Numis upgrades from add to buy with a target price of 525p. Citi upgrades to buy with a target price of 500p.Petroceltic International: Westhouse Securities lowers target price from 250p to 240p, while retaining a buy recommendation.Shanks Group: Credit Suisse ups target price from 100p to 125p and upgrades from neutral to outperform.Smith & Nephew: UBS raises target price from 1000p to 1100p and maintains a buy recommendation.Tate & Lyle: UBS ups target price from 600p to 630p, but still recommends selling. Credit Suisse cuts target price from 700p to 650p and downgrades from neutral to underperform.Vectura Group: Berenberg moves target price from 200p to 210p and keeps a buy recommendation. Kingfisher Tate & Lyle Mitchells & Butlers Capricorn Energy PLC Enquest ASOS James Fisher and Sons