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UPDATE: Broker tip round-up

Thu, 29th Sep 2011 11:47

J.P.Morgan initiates coverage of International Airlines Group at 'overperform'.Citi reiterates 'buy' on Icap.Citi retains 'sell' on Homestore.Goldman Sachs 'upgrades' Kazakhmys to 'buy' from 'neutral'. Goldman Sachs downgrades Antofagasta to 'neutral' from 'buy'. Goldman Sachs upgrades First Quantum to 'buy' from 'neutral'. UBS stays 'neutral' on Electrocomponents, lowers target to 205p from 250p.UBS stays 'neutral' on HSBC, cuts target to 530p from 545p.UBS stays 'neutral' on Premier Farnell, lowers target to 165p from 200p.UBS stays 'neutral' on Standard Chartered, cuts target to 1,600p from 1,830p.Seymour Price reiterates 'buy' on Theo Fennell with a price target of 40p.RBS downgrades Man to 'hold' from 'buy'.RBS keep C&W Worldwide at 'hold'. Credit Suisse initiates coverage of Ferrexpo at 'underperform' with a target of 380p.Credit Suisse retains 'outperform' on Thomas Cook. AB

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