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Tuesday broker round-up

Tue, 04th Sep 2012 09:31

Ashtead: Jefferies lifts target from 360p to 320p, buy rating kept.Barclays: JP Morgan downgrades to neutral from overweight, target cut from 265p to 250p.British Land: UBS downgrades to neutral, target cut from 575p to 560p.Capital Shopping Centres Group: UBS upgrades to buy, target lifted from 310p to 365p.Debenhams: Investec raises target from 100p to 114p, buy rating kept.Dechra Pharmaceuticals: Investec lifts target from 557p to 588p, buy rating retained.Derwent London: JP Morgan upgrades to overweight, target lifted from 2,000p to 2,300p.Development Securities: JP Morgan downgrades to neutral.DS Smith: Investec lifts target from 170p to 180p, buy rating kept.Greene King: Investec upgrades from sell to hold, target raised from 381p to 530p.Hammerson: UBS upgrades to buy, target lifted from 480p to 490p.Land Securities: JP Morgan downgrades to neutral; UBS downgrades to neutral, target cut from 870p to 840p.Quintain Estates: JP Morgan downgrades to neutral.Petrofac: Credit Suisse upgrades to outperform, target lifted from 1,750p to 1,800p.Royal Bank of Scotland: Investec downgrades from buy to hold, target cut from 300p to 245p.SEGRO: UBS downgrades to neutral, target cut from 250p to 240p.Songbird Estates: JP Morgan downgrades to neutral, target cut from 130p to 115p.Wood Group: Credit Suisse downgrades to neutral, 925p target unchanged.BC

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