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Wednesday broker round-up UPDATE

Wed, 03rd Jul 2013 09:16
Aberdeen Asset Management: Bank of America reduces target price from 410p to 360p maintaining an underperform rating.ARM Holdings: UBS upgrades to buy from neutral, keeps target price at 970p.Cineworld: Investec ups target price from 347p to 360p and keeps a buy recommendation. N+1 Singer moves target price from 340p to 357p retaining a hold recommendation.Diageo: Espirito Santo cuts target price from 2280p to 2250p, while leaving its buy recommendation unchanged.Domino's Pizza Group: Canaccord Genuity reduces target price to 550p and downgrades to sell. Numis cuts view to add from buy. Oriel lowers to hold from add.Inchcape: Nomura takes target price from 485p to 500p staying with its neutral rating.Northgate: Goldman Sachs moves target price from 340p to 370p maintaining a neutral rating.Ocado: Jefferies raises target price from 80p to 275p, while keeping its hold recommendation.office2office: Panmure Gordon reduces target price from 120p to 67p and downgrades from buy to hold.Ophir Energy: HSBC Holdings increases target price from 530p to 558p reiterating an overweight rating.Persimmon: Deutsche Bank raises target price from 1060p to 1202p and stays with a hold recommendation. Goldman Sachs ups target price from 1756p to 1811p retaining a strong buy recommendation.PZ Cussons: Canaccord Genuity raises target price to 440p and upgrades from sell to buy.Randgold Resources: Citi increases target price from 3926p to 4491p and maintains a neutral rating.Reckitt Benckiser: Espirito Santo takes target price from 4140p to 4160p, but still recommends selling.SAB Miller: Espirito Santo reduces target price from 3520p to 3360p keeping a neutral rating.Serco Group: HSBC Holdings raises target price from 590p to 670p and upgrades to neutral.Smith (DS): Goldman Sachs lowers target price from 278p to 261p reiterating a neutral rating.Spirent Communications: Investec places both its target price (prev.: 150p) and its buy recommendation under review. Panmure Gordon moves target price from 176p to 166p, while its buy recommendation remains unchanged.Stagecoach: Morgan Stanley ups target price from 310p to 330p and retains an equal-weight rating.Summit Corporation: N+1 Singer shifts target price from 9p to 8.80p keeping a buy recommendation.Super Group: Investec increases target price from 843p to 878p leaving its buy recommendation unaltered.UNITE Group: JP Morgan moves target price from 425p to 450p and keeps an overweight rating. Dominos Ocado Smith (DS) Inchcape Serco Diageo Persimmon Unite Pz Cussons

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