Wednesday broker round-up

AB Foods: UBS raises target from 1,330p to 1,400p, buy rating unchanged.AVEVA: Jefferies ups target from 1,800p to 2,300p, buy recommendation maintained.Balfour Beatty: Investec maintains sell rating and 210p target.CLS Holdings: Peel Hunt ups target from 639p to 720p, hold rating kept.CRH: Exane BNP Paribas downgrades to underperform; Societe Generale downgrades to hold.Derwent London: UBS lifted target from 1,750p to 2,000p, neutral rating kept.Essar Energy: Arden Partners downgrades to neutral; JPMorgan Cazenove downgrades to neutral.FirstGroup: Jefferies keeps hold rating and 207p target; Panmure Gordon lifts target from 230p to 280p, hold rating kept.Henderson: UBS upgrades from neutral to buy, target lifted from 100p to 115p.HSBC: Investec downgrades from buy to hold, target cut from 600p to 590p.Huntsworth: Peel Hunt ups target from 41p to 45p, hold rating kept.JKX Oil & Gas: UBS cuts target from 115p to 100p, neutral rating kept.Lookers: Panmure Gordon raises target from 62p to 72p, hold rating kept.Mears: Jefferies cuts target from 310p to 305p, buy rating kept.Quintain Estates: Peel Hunt upgrades from hold to buy, target raised from 45p to 65p.Resolution: Investec maintains sell rating and 147p target.Savills: UBS ups target from 370p to 400p, neutral rating kept.SEGRO: Jefferies raises target from 232p to 251p, hold rating kept.Shire: Berenberg upgrades to buy.Smith & Nephew: Investec raises target from 659p to 670p, hold rating kept.Standard Chartered: Investec maintains buy rating and 1,800p target; Oriel Securities upgrades to buy; Bank of America Merrill Lynch upgrades to buy.TUI Travel: Panmure Gordon ups target from 160p to 167p, sell rating kept.Vodafone: Bank of America Merrill Lynch downgrades to neutral.BC