Wednesday broker round-up - UPDATE

Alternative Networks: Investec increases target price from 310p to 330p retaining a buy rating.Anglo American: Deutsche Bank takes price target from 2200p to 2260p, while its buy recommendation remains unchanged.Antofagasta: Bank of America reduces target price from 1500p to 1400p and downgrades to neutral.ARM Holdings: Numis raises target price from 750p to 820p, while downgrading to hold.Avocet Mining: JP Morgan cuts target price from 100p to 65p, while the neutral rating is retained.BHP Billiton: Deutsche Bank ups target price from 2335p to 2380p and leaves its buy rating unaltered.British Land: Jefferies lowers target price from 551p to 538p and maintains a hold recommendation.Bunzl: Numis increases target price from 1248p to 1505p retaining a buy recommendation.Cable & Wireless Communications: Nomura shifts target price from 40p to 42p and keeps a reduce rating.Capital & Counties Properties: Jefferies cuts target price from 241p to 235p, while reiterating a hold recommendation.CRH: HSBC cuts to underweight with a target price of 15p.Croda International: Credit Suisse ups target price from 2100p to 2500p and maintains a neutral rating.Debenhams: JP Morgan lowers target price from 144p to 137p, while reiterating an overweight rating.DP World: HSBC revises target price from 800p to 865p keeping a neutral rating.Electrocomponents: Credit Suisse raises target price from 210p to 280p upgrading to outperform.Ferrexpo: JP Morgan takes price target from 230p to 269p and stays with an underweight rating.Gem Diamonds: Panmure Gordon ups target price from 86p to 104p and upgrades to hold. JP Morgan lowers target price from 199p to 193p keeping an overweight rating.Grainger: Jefferies increases target price from 127p to 148p and retains a buy recommendation.Hammerson: Jefferies lowers target price from 499p to 476p, while its hold rating is kept.Hays: Credit Suisse takes target price from 85p to 95p reiterating its neutral rating.Hornby: Numis shifts target price from 60p to 80p and stays with its hold recommendation.Imagination Technologies: Morgan Stanley moves target price from 450p to 570p upgrading from equal-weight to overweight.Inchcape: Bank of America ups target price from 450p to 520p, while its buy recommendation is maintained.Kenmare Resources: JP Morgan shifts target price from 40p to 34p and retains a neutral rating.Land Securities: Jefferies reduces target price from 831p to 788p, while the hold rating is reiterated.London Metric Property: JP Morgan initiates with a target price of 125p and an overweight rating.Michael Page: Credit Suisse raises target price from 335p to 375p and keeps an underperform rating.New World Resources: JP Morgan cuts target price from 210p to 150p maintaining an underweight rating.Petrovavlovsk: JP Morgan lowers target price from 569p to 525p, while its overweight rating remains unchanged.Premier Farnell: Credit Suisse moves target price from 195p to 240p and upgrades to outperform.PZ Cussons: JP Morgan ups target price from 310p to 370p and reiterates a neutral rating. Investec takes target price from 335p to 380p maintaining a hold recommendation.Renishaw: Numis increases target price from 1385p to 2000p keeping a hold recommendation.Rio Tinto: Deutsche Bank raises target price from 4400p to 4680p staying with a buy recommendation.SThree: Credit Suisse revises target price from 260p to 350p upgrading to neutral.Talvivaara Mining: JP Morgan reduces target price from 134p to 88p and downgrades to underweight.Travis Perkins: Seymour Pierce increases target price from 1150p to 1350p and leaves its buy recommendation unchanged. Panmure Gordon takes target price from 1200p to 1350p maintaining a buy rating.William Hill: Peel Hunt moves target price from 332p to 374p keeping a hold rating.Workspace Group: Jefferies ups target price from 287p to 317 and maintains a hold recommendation.WPP Group: Jefferies raises target price from 800p to 1150p and upgrades from hold to buy.Xcite Energy: Merchant Securities shifts its target price modestly from 167.80p to 167p and stays with a buy recommendation. Anglo American Rio Tinto British Land Gem Diamonds Di Hays Workspace Inchcape Land Securities Travis Perkins LondonMetric Hammerson Ferrexpo Renishaw Bunzl Antofagasta WPP Croda International Grainger plc Pz Cussons Kenmare Resources