Thursday broker round-up

(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.Pearson: Berenberg reiterates sell with a target price of 550p.Softcat: Berenberg reiterates buy with a target price of 900p.Sainsbury's: HSBC reiterates reduce with a target price of 230p.Ted Baker: HSBC upgrades to buy with a target price of 2,215p.IMI: Peel Hunt reiterates add with a target price of 1,100p.Rathbone Brothers: Peel Hunt reiterates buy with a target price of 2,900p.Polar Capital Holdings: Peel Hunt reiterates buy with a target price of 640p.Victrex: Liberum reiterates buy with a target price of 2,700p.Avast: JP Morgan initiates at neutral with a target price of 310p.Abcam: JP Morgan reiterates neutral with a target price of 1,206p.Serco: JP Morgan reiterates neutral with a target price of 115p.Jupiter Fund Management: Shore Capital Markets upgrades to buy.Mitchells & Butlers: Liberum upgrades to hold with a target price of 270p.Mattioli Woods: Canaccord reiterates buy with a target price of 730p.Direct Line: Numis downgrades to reduce with a target price of 285p.Centamin: Numis downgrades to add with a target price of 130p.