Wednesday broker round-up

(Sharecast News) - Crest Nicholson: Liberum downgrades to hold with a target price of 331p.Chemring Group: Berenberg reiterates buy with a target price of 221p.Direct Line: Berenberg reiterates hold with a target price of 360p.Sophos: Liberum initiates at buy with a target price of 530p.Flybe: Liberum reiterates hold with a target price of 33p.Tesco: Barclays reiterates overweight with a target price of 280p.Merlin Entertainments: Barclays reiterates overweight with a target price of 415p.Softcat: Jefferies reiterates hold with a target price of 790p.Kenmare Resources: Canaccord reiterates buy with a target price of 475p.SEGRO: Numis upgrade to add with a target price of 712p.Rathbones: Numis reiterates add with a target price of 2,730p.Standard Chartered: UBS reiterates neutral with a target price of 600p.HSBC: UBS reiterates neutral with a target price of 650p.