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Tuesday broker round-up UPDATE

Tue, 17th Jun 2014 09:45

Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating.BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation.British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling.Capital & Counties: Deutsche Bank ups target price from 200p to 230p, while leaving its sell recommendation unchanged.Cobham: Berenberg initiates with a target price of 325p and a hold recommendation.CRH: Exane downgrades to neutral.Derwent London: Deutsche Bank increases target price from 2200p to 2380p upgrading from sell to hold.GKN: Berenberg initiates with a target price of 440p and a buy recommendation.Great Portland Estates: Deutsche Bank ups target price from 500p to 530p, while staying with its sell recommendation.Hammerson: Deutsche Bank raises target price from 460p to 500p and keeps a hold recommendation.Inmarsat: Berenberg ups target price from 715p to 735p and retains a hold recommendation.Intu Properties: Deutsche Bank takes target price from 250p to 270p keeping a hold recommendation.Kazakhmys: Numis ups target price from 260p to 290p, while retaining a hold recommendation.Kingfisher: Oriel downgrades from hold to sell with a target price of 350p.Land Securities: Deutsche Bank increases target price from 770p to 870p, but still recommends selling.Lloyds Banking Group: Exane shifts target price from 115p to 120p retaining an outperform rating.Majestic Wine: Oriel downgrades from reduce to sell with a target price of 375p.Meggitt: Berenberg starts with a target price of 600p and a buy recommendation.Mitchells & Butlers: JP Morgan reduces target price from 550p to 430p downgrading from overweight to neutral.Mountfield Group: WH Ireland shifts target price from 3.5p to 4p and reiterates a buy recommendation.QinetiQ: Berenberg initiates with a target price of 255p and hold recommendation.Rex Bionics: Oriel initiates with a target price of 335p and a buy recommendation.Rolls-Royce: Berenberg starts with a target price of 1216p and a buy recommendation.Segro: Deutsche Bank ups target price from 220p to 250p, while leaving its sell recommendation unaltered.Topps Tiles: Oriel downgrades from buy to hold with a target price of 120p.Trifast: N+1 Singer ups target price from 126p to 140p maintaining a buy recommendation. FinnCap downgrades from buy to hold. Westhouse Securities ups target price from 125p to 185p keeping a buy recommendation.Ultra Electronics: Berenberg initiates with a target price of 1970p and a hold recommendation.Whitbread: Investec raises target price from 2000p to 4100p and upgrades from sell to hold.Xaar: Numis downgrades from buy to hold with a target price of 800p.

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